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Thu, January 26, 2012 Great Bear Resources Ltd. Reports Exploration and Drill Results From the Etzel Property, Yukon
January 26, 2012 09:00 ET
Great Bear Resources Ltd. Reports Exploration and Drill Results From the Etzel Property, Yukon
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 26, 2012) - Ansell Capital Corp. (TSX VENTURE:ACP) -
On July 14th, 2011 Ansell announced the terms of an agreement entered into with Great Bear Resources Ltd. pursuant to which Great Bear could acquire up to a 65% interest in and to the Etzel claims located adjacent to Ansell's Charlotte and Discovery Creek properties and Rockhaven Resources Ltd.'s Klaza project, near Mt. Nansen in the prolific Tintina gold belt, Yukon territory, Canada.
Great Bear has now released the result of its 2011 exploration program, these results are summarized in Great Bear's News Release also issued today. Great Bear Resources Ltd. trades on the TSX Venture Exchange under the symbol GBR.
The results as received are summarized in the table below.
| Table 1: Highlights of drill results from 2011 test program. Continuity of gold mineralization is shown on the cross section below. | ||||||||||
| Etzel Drill Hole | Total Length (m | ) | Interval From (m | ) | Interval To (m | ) | Interval Length (m | ) | Gold g/t | Silver g/t |
| ET-11-01 | 126.83 | 70.95 | 74.00 | 3.05 | 0.75 | 0.8 | ||||
| ET-11-02 | 258.61 | 4.15 | 258.61 | 254.46 | 0.19 | 1.9 | ||||
| including | 13.30 | 15.90 | 2.60 | 1.94 | 11.9 | |||||
| including | 49.70 | 50.80 | 1.10 | 1.05 | 97.0 | |||||
| including | 98.95 | 100.0 | 1.05 | 1.51 | 5.9 | |||||
| Largely Contin- uous Mineral- ized Zone | including | 152.25 | 192.90 | 40.65 | 0.58 | 2.4 | ||||
| includes | 152.25 | 157.70 | 5.45 | 1.25 | 4.1 | |||||
| includes | 156.30 | 157.70 | 1.40 | 3.45 | 0.7 | |||||
| includes | 163.20 | 172.45 | 9.25 | 0.72 | 3.4 | |||||
| includes | 180.95 | 184.65 | 3.70 | 1.07 | 2.7 | |||||
| includes | 189.15 | 192.90 | 3.75 | 1.00 | 2.6 | |||||
| including | 204.55 | 205.60 | 1.05 | 1.07 | 2.2 | |||||
| including | 229.50 | 231.00 | 2.50 | 1.11 | 33.2 | |||||
| ET-11-03 | 309.67 | 29.80 | 32.50 | 2.70 | 1.34 | 3.0 | ||||
| 250.20 | 256.45 | 6.25 | 0.56 | 8.6 | ||||||
| 308.35 | 309.67 | 1.32 | 2.55 | 0.9 | ||||||
On behalf of the Board of Directors
Jevin Werbes, President
Ansell Capital Corp.
For further information, please visit the website at [ www.ansellcapital.com ] to view the Company's profile.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
