Guinness Exploration / Ansell Capital Report Assays

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Guinness Exploration / Ansell Capital Report Assays

posted on Sep 08, 2011 04:24PM

http://finance.yahoo.com/news/Guinness-Exploration-Reports-prnews-3419482683.html?x=0&.v=1

Press Release Source: Guinness Exploration Inc. On Tuesday September 6, 2011, 10:59 am EDT

AUCKLAND, New Zealand, Sept. 6, 2011 /PRNewswire/ -- Guinness Exploration Inc. ("Guinness"), 'OTC-BB: GNXP', reported today its partner Ansell Capital Corp. ("Ansell"), 'TSX: ACP', has received assays from the 2011 summer drilling program on the Charlotte Project in the Mount Nansen area of the Yukon Territory, Canada.

Ansell reported:

Assays have been received for the first nine diamond drill holes, totalling 1492 metres, from the recently completed 20 hole drill program on the Flex Zone at the Charlotte property located in the prolific Tintina belt. Previous historical drilling by other operators in the general area returned encouraging results such as drill holes DDH-10-243, which contained an intersection of 28.9 metres averaging 5.06 grams per tonne (g/t) gold and DDH-10-248, which contained 8.60 metres averaging 5.00 g/t gold.

Drilling this year has intersected broad well-mineralized zones, enhancing the potential for a bulk mineable deposit to be hosted on the property.

Highlights include:

DDH-11-257 11.04 g/t Au over 23.05 m

DDH-11-254 3.38 g/t Au over 12.40 m

DDH-11-255 2.29 g/t Au over 18.45 m

DDH-11-259 3.00 g/t Au over 14.55 m

DDH-11-258 2.45 g/t Au over 12.50 m and

DDH-11-262 11.71 g/t Au over 6.60 m.

A full version of Ansell's press release with all analytic data, can be found at: www.guinnessexploration.com; and www.ansellcapital.com; and in Guinness' fiscal 2011 annual Form 10K filed at www.sec.gov.

About the Charlotte Project and Guinness Exploration

The Charlotte Project is situated in the prolific Tintina Gold Belt, a 1,200 km long area extending from northern British Columbia, through the Yukon Territory and into southwest Alaska. The Tintina Gold Belt includes such world-class, multi-million ounce gold deposits as Pogo, Fort Knox, True North, and Donlin Creek. The Charlotte Project claims consist of 128 full or fractional claims with a total area of 2,336.14 square hectares located in the South Central part of the Yukon, 180 km Northwest of Whitehorse and 60 km west of the Village of Carmacks. Guinness Exploration Inc. trades on the OTC-BB under the symbol GNXP. The Company was incorporated in Nevada in 2005 and incorporated its subsidiary Nantawa Resources Inc. in Yukon, Canada in 2009. Guinness acquired the Charlotte Project properties in November 2009.

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