Joint venture partners White Cliff Nickel and T2 Gold have received results from the first six holes of the 2011 drilling program at the Chanach Gold-Copper Project with a number intersecting copper mineralization.
New results include 67 metres from 8 metres @ 0.3% copper, including 8 metres from 21 metres @ 0.81% with a peak result of 1 metre @ 1.96%; 222 metres from 35 metres @ 0.33, including 3 metres from 38 metres @ 0.56%; 6 metres from 39 metres @ 0.54%;and 11 metres from 23 metres @ 0.34%. Further results are expected shortly.
Four of the initial six holes were drilled along one east-west traverse within an area of surface rock chip sample with high copper results. The initial visual intersections suggested that the position of the holes was along a major late stage post mineralization fault which caused significant drilling difficulties.
A ground geophysical survey was completed in July suggesting that the major sulphide zones trended east-west and that the initial four holes were drilled along the margin of the mineralized zone.
Based on the new information, the drill program was substantially modified due to the recognition of east-west trending conductive chalcopyrite-pyrite zones interpreted to be the outer pyrite shell of the mineralized system. The chalcopyrite-pyrite mineralized system has been targeted along strike and at depth with a series of drill holes orientated at -60 degrees to the north.
The drilling program has been completed for 2011. The JV partners believe the project may host porphyry and skarn style gold and copper mineralization.
Chanach is an 83sqkm project in the Kyrgyz Republic, about 350km west-southwest of the capital Bishkek and within the Tien Shan Belt, a highly mineralized zone that extends for more than 2500km from western Uzbekistan, through Tajikstan, Kyrgyz Republic and southern Kazakhstan to western China.