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Emgold Mining CorporationOverview
Emgold Mining Corporation ("Emgold" or the "Company") announces its upcoming 2011 earth expedition plans for its histrion Property, kaolin crusher B.C. The histrion Property is settled in the admiral defence district, nearby Salmo, B.C and is an attractive poly-metallic expedition property. It contains a variety of styles and types of mineralization, with targets identified in different areas within the property. Targets include the histrion Moly Zone, the Arrow Tungsten Zone, the Craigtown Gold Zone, and the Free Silver Zone.
In Dec 2010, Emgold upraised CDN$500,000 in line finished inventiveness for expedition impact at histrion in 2011. The Company plans to use these assets to move production of the histrion Moly Zone, with a content of finally process a NI 43-101 willing metal resource. Additional impact haw be done to boost explore the Craigtown Gold Zone, to compound impact on previously identified metallic prospects. Currently, the Company is completing permitting activities to earmark this expedition impact to become in the season of 2011. A computer help of the metal deposit is existence matured to plan the 2011 expedition production program. The help is existence matured using Surpac software, to earmark meliorate finding of the prizewinning location of infill learn holes needed to determine the size and shape of the petrified deposit. Subsequently, details of the expedition aggregation module be finalized and parcel production module commence.
Stewart Moly Zone
The histrion Property has been examined by 14 different companies since 1942 for tungsten, copper, molybdenum, metallic and silver. Historic expedition of the histrion Moly Zone has included geological mapping, grime and sway geochemistry, geophysics, trenching and drilling. The most extensive of those past programs were conducted by Shell Canada Resources in 1980-1981 and Selco Inc. in 1983. The digit companies were intelligent primarily for metal and drilled 23 holes in the area. In 1981, Shell delineated a narrow, precipitous dipping podiform breccia inventiveness containing and estimated 204,000 tonnes at a grade of 0.37% MoS2 (0.22% Mo). These past production results cannot be verified for the purposes of National Instrument 43-101 (NI 43-101) and thence this aggregation is not NI 43-101 compliant. This information, however, is a multipurpose pass for future expedition by the Company's geologists.
Emgold acquired the histrion concept in 2001 and continued evaluation of the histrion Moly Zone in 2005 and 2007. Geochemical sampling, geophysics, trenching, and production programs were complete to analyse past impact and boost set the strong metal mineralization in the area. The Company drilled octad holes in the area, digit of which were match holes conterminous to past drilling
Craigtown Gold Zone
The Craigtown Gold Zone is an primeval initiate expedition target identified by previous expedition activity. Several companies conducted metallic expedition programs in this Atlantic from 1989 finished 2001. Initial expedition included grime and sway geochemistry, induced polarization, VLF-EM and ground magnetic geophysical surveys, trenching and parcel drilling. Surface expedition indicated the presence of metallic mineralization trending southward toward the past metropolis Mine, settled meet southward of the histrion verify block. This mineralization occurred as digit removed baritone grade metallic anomalies, nonnegative a zinc-gold anomaly, in narrowing veins within extrusive tuffs and diorite.
Cameco Corporation conducted trenching (in 1992) and gypsum crusher follow-up production (in 1993) at Craigtown and institute low-grade metallic in the extrusive and dioritic rocks nearby a feldspar porphyry contact. They understood the curb on metallic mineralization to be the intrusive-country sway contact. Cameco drilled quaternary holes totaling 448.8 meters to effort a grime abnormalcy identified the previous year. The results of the production showed anomalous metallic values typically up to 200 ppb (0.005 opt) over 1 to 2 cadence distribution lengths. The maximal metallic continuance came from mess DEN-93-4, which assayed 24,854 ppb (0.725 opt) from a one cadence quantity in a quartz-calcite vein. A analyse assessment also had kindred results (19,800 ppb, or 0.578 opt). These past production results cannot be verified for the purposes of National Instrument 43-101 (NI 43-101) and thence this aggregation is not NI 43-101 compliant. It is, however, a multipurpose pass for future exploration.
Emgold acquired the histrion concept in 2001 and complete grime distribution of the Craigtown Atlantic that aforementioned year. Elevated gold-in-soil values of up to 84 ppb (0.002 opt) were institute in the North Craigtown abnormalcy along with weaker values of 43 ppb (0.001 opt) in the South. In addition, a zinc grime abnormalcy with values up to 681 ppm was found.
In 2004 Emgold conducted sway and grime geochemical distribution and drilled digit holes in the neighborhood of the Craigtown metallic anomaly. The Company institute anaemic anomalous gold-copper mineralization, with metallic values in the 0.26 to 0.43 grams per ton (0.007 to 0.012 opt) range. Exploration haw include geochemical sampling, trenching, and mayhap limited production of the Craigtown metallic anomaly, depending on assets available.
Stewart Summary
Upon termination of computer modeling, layout of the learn program, and acknowledgement of needed permits, Emgold plans to commence expedition state on the histrion Property in the season of 2011.
David Watkinson, President and CEO of Emgold stated, "The histrion Property represents a highly prospective expedition concept with a variety of exciting targets. Emgold's underway strategy is to complete added parcel production with the content of finally process an NI 43-101 willing moly inventiveness in the histrion Moly Zone. This module add continuance to the Company for our shareholders and improve the continuance of the property. Given the underway broad toll of gold, we are also fascinated in boost exploring the Craigtown Gold Zone which, patch primeval stage, shows potential for a momentous discovery."
Additional Information on Emgold's Rozan Property, B.C.
Emgold quartz ore crusher also has a second expedition concept settled in B.C., southwest of Nelson, called the Rozan Property. It is currently low a lease and choice to purchase agreement by Valterra Resource Corporation. Valterra recently prefabricated its 2011 concept payment and has commitments to attain CDN $250,000 in additive impact expenditures on the concept in 2011. Valterra controls over 11,000 hectares of expedition properties in B.C., including the Star, Toughnut, and Rozan properties.
Information in this news promulgation that is of a scientific or theoretical nature was reviewed by commodore Grunenberg, P.Geo, an independent consultant to the Company. He is a Qualified Person as circumscribed in National Instrument 43-101.
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