(Miranda ") (TSX-V: MAD) acquired through staking 52 claims in the
southwest Trinity Range, in Churchill County, Nevada, which also
houses the NEON project. The project encompasses approximately 1.5
square miles (3.9 km ²) and lies 27 miles (43 km) northeast of
Fernley, Nevada.
The plot was due to a production program Neon staked by Miranda, was
to secure the gold exploration targets that can be generally
characterized as quartz-tourmaline-gold systems in the context of
intrusive rocks. The Spring Valley deposit, reported at Midway Gold
Corporation is a gold resource of 1.8 million ounces is the first,
which proves that quartz-tourmaline-gold systems may contain
significant gold deposits in Nevada.
The geology of the site and the surrounding area includes
metavolcanic rocks from the Permian and Triassic. The metavolcanic
rocks on the project, there are variable amounts of quartz veins
turmalinhaltigen. Tourmaline comes in smaller quantities than before
displacement, and also in breccias and quartz stockworks. The
prevailing Alterationsarten are pale and intense Limonitoxidationen.
Twelve rock-chip samples were taken from Miranda showed gold values
ranging from not detectable up to a maximum value of 0.473 oz / t Au
(16.2 g / t Au). The high grade sample has tourmaline in quartz and
moderate to strong limonite. Trace elements associated with gold are
bismuth and base metals, suggesting an intrusive connection with the
gold system.
Miranda believes that it is important to inform its shareholders
about the discovery of an exciting new type of deposits in Nevada
while continuing to put his focus on the search for large
sediment-hosted deposits in the Cortez Trend.
Miranda is an evaluation of the property to carry neon, which will
also include a mapping and geochemical sampling. According to
Miranda's business model is a joint venture partner will be sought for
further exploration on the project.
The samples were analyzed by ALS Chemex Laboratories Inc. of Sparks,
Nevada. Gold results were determined using standard fire assay
techniques on a 30-gram sample with an atomic absorption finish. The
samples were analyzed by ICP-AES is also being analyzed for a
50-element geochemical follow-up.
The information published in this press release have been reviewed by
Steven Koehler, CPG, BSc. Geology, chief geologist of his character
and to National Instrument 43-101 Qualified Person, tested and
confirmed.
Company Profile
Miranda Gold Corp.. is a company that deals with the Expoloration of
gold deposits in Nevada and the focus is on generating gold
exploration projects within the Battle Mountain-Eureka and Cortez
Trends. Miranda performs its own grass roots exploration and then
employs a business model joint venture on its projects in order to
maximize exposure to discovery while the exploration risk by as low as
possible kept wird.Zu former partners include Barrick Gold Exploration
Inc., Newmont Mining Inc. Placer Dome (U.S.) Inc., Agnico-Eagle (USA)
Inc., Newcrest Resources Inc., Romarco Minerals Inc., Golden Aria
Corp.., the Cortez Joint Venture and the Buckhorn Joint Venture.
Miranda is currently in partnerships with White Bear Resources Inc.,
Queensgate Resources Corporation, Piedmont Mining Company Inc. and
Montezuma Mines Inc.
ON BEHALF OF THE BOARD
"Kenneth Cunningham"
Kenneth Cunningham
President and CEO
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.