Business & Finance
Mon, September 24, 2012Sun, September 23, 2012Sat, September 22, 2012Fri, September 21, 2012Thu, September 20, 2012Wed, September 19, 2012Tue, September 18, 2012Mon, September 17, 2012Ansell Capital Corp. Announces Phase Two Soil Sampling by Ground Truth Explorations on the Dal Property, Yukon
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Published in Business and Finance on Thursday, September 20th 2012 at 6:16 GMT by Market WireSeptember 20, 2012 09:00 ET
Ansell Capital Corp. Announces Phase Two Soil Sampling by Ground Truth Explorations on the Dal Property, Yukon
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 20, 2012) -Ansell Capital Corp. ("Ansell") (TSX VENTURE:ACP) is pleased to announce that a phase two soil sampling program will commence around September 20th, 2012 on the Dal claims, Yukon. The Phase two program will be to sample 2 small grids over the Gold in soil anomalies which were discovered in last year's soil program (see news release dated February 22, 2012). Ground Truth Exploration of Dawson City, Yukon will carry out the work on the property.
The Dal Property, Yukon
The property consists of 178 mineral claims covering an area of approximately 3,600 hectares located within an east-west corridor that hosts ATAC Resources Ltd.'s Rau Trend (Tiger zone) to the west and ATAC's Nadaleen Trend (Osiris zone) to the east. The claims are contiguous to ATAC's property within the Nadaleen trend.
Historical grab samples taken from outcrops on the property have yielded high-grade gold and copper values. Two samples taken from a showing in the east of the property assayed 20.37 grams per tonne Au, 10.4 per cent Cu and 8.3 g/t Au, 16.0 per cent Cu respectively. One sample taken from a showing to the west of the property assayed 5.27 per cent Cu.
The DAL claims are located within an east-west corridor that hosts ATAC Resources Ltd's Rau Trend (Tiger Zone) to the west and ATAC's Nadaleen Trend (Osiris zone) to the east. Grab samples from outcrop on the property have yielded high values of both gold (up to 20.4 g/t Au) and copper (up to 10.4% Cu). The property is mainly underlain by a major magnetic anomaly trending east-west (surveyed by the Geological Survey of Canada). Published geological reports for the area characterize this anomaly as komatiitic ultramafic flows, with associated listwaenites (silica-carbonate-fuchsite-altered serpentinites). The komatiites are reported to be a potential source for copper-nickel-bearing massive sulphide mineralization and the listwaenites a potential host for gold mineralization (J-P Jutras, Yukon Exploration and Geology 2002). The ultramafic sequences occur in an anticlinal structure, exposing a volcano-sedimentary stratigraphic sequence in its core. These formations are overlain by a sedimentary sequence which includes shales, sandstones and conglomerates. In addition, resistant limestone units form prominent hilltops.
On behalf of the Board of Directors
Jevin Werbes, President
Ansell Capital Corp.
For further information, please visit the website at [ www.sedar.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.
