Argus Kicks Off Summer 2011 Exploration at Hyland Gold Project, Yukon
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Jun 02, 2011 10:02AM
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http://www.marketwire.com/press-release/argus-kicks-off-summer-2011-exploration-at-hyland-gold-project-yukon-tsx-venture-aml-1520142.htm
Argus Metals Corp. TSX VENTURE : AML ![]() |
May 30, 2011 08:30 ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 30, 2011) - Argus Metals Corp. (TSX VENTURE:AML) (the "Company" or "Argus"), announces the mobilization of the Quartz Lake Exploration Camp at the Hyland Gold Project in the Yukon in preparation for the 2011 exploration program which will include:
The Hyland Gold Project exploration camp has been opened and expanded to support the 2011 summer Hyland and Hyland District mineral exploration projects. A diamond drill rig, bulk items and 500 barrels of diesel and JetB fuel were mobilized into the Hyland Gold Project by winter road in March.
Geological teams have been contracted to effect regional exploration on the north and south of the Hyland Gold Project (over 24 km trend of the Quartz Lake Fault as well as conducting regional exploration on the IKE and TINA Projects. The infiniTEM survey will target sulphide mineralization from the southern ends of the Sulphide Feeder Zone, through the Carbonate Cap Zone and into the CUZ Zone soil anomaly.
President Michael Collins comments, "The 2010 exploration program demonstrated that the Hyland project hosts significant sulphide gold mineralization. In 2011 Argus intends to show this potential extends to the length of the 24km long Quartz Lake Fault and to at least the 6 defined gold exploration targets. Regionally, Argus has staked 2 Selwyn Basin targets that hold the potential to host gold mineralization similar to the Hyland Gold and ATAC's Rackla Belt Projects."
Paul D. Gray, P.Geo. is the Company's Qualified Person with respect to the Companies Yukon Projects and has reviewed and approved this press release.
Please join us at one of the upcoming Cambridge House Vancouver Resource Investment Conference to receive a complete update on the Company's exciting exploration plans for 2011.
Cambridge House Vancouver Resource Investment Conference
Dates: June 5th & 6th, 2011
Booth: 1020
Location: Convention Center West, Vancouver, BC
Register: http://cambridgehouse3.com/
ON BEHALF OF THE BOARD OF DIRECTORS
Michael Collins, President and CEO