Stikine Gold Corporation (SKY)
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Stikine Gold Corporation: Junge Bergbau-Firma aus Vancouver auf richtiger Spur bei
der Suche nach verborgener Mine in berühmtem Bergbau-Standort
Stikine Gold Corporation, a development stage company, engages in the acquisition, exploration, and development of resource properties. The company has a right to earn 50% interest in Sullivan Deeps Project located near Kimberley, British Columbia. It also has right to earn a 100% interest in the Catalan Copper property, with claims adjacent to the Gibraltar copper molybdenum mine near Williams Lake, in south-central British Columbia. The core mineral claims comprise an area of 3,110 hectares and are located on the eastern boundary of the Gibraltar mine claims. Stikine Gold Corporation was incorporated in 2000 as Withit Capital Corp. and changed its name to Stikine Gold Corporation in 2002. The company is based in Vancouver, Canada.
Wed Sep 9, 2009
Stikine to Commence Drilling at Nonda Frac Sand Project
Vancouver, British Columbia: Stikine Gold Corporation (SKY:TSX.V) ("Stikine" or the "Company") announces that it will commence a heli-supported diamond drilling and sampling program at its 100% owned Nonda Frac Sand project in north eastern British Columbia (NE BC) on September 12, 2009.
Following the successful identification and ranking of priority quartzite projects, and receipt of required Notice of Work permit, Stikine's next step is a focused assessment of the Nonda property. Nonda's quartzite occurrence covers an impressive 11,500m by 1,000m area extent lying approximately 150km west of the Horn River Gas Basin.
The purpose of the upcoming work is to assess the thickness and potential variability of the quartzite in 12 diamond drill holes totaling approximately 1,400 m of HQ diamond drill core. Drill core samples will be sent for petrography to confirm the grain-size and quartzite quality and to establish the basis for a resource estimate. Also, additional surface samples will be taken and used for larger bench-scale processing tests. A sufficient quantity of frac sand will be produced from this work to submit for API RP19C (American Petroleum Institute) / ISO 13503-2 (International Standards Organization) tests, in addition to proppant conductive permeability tests for potential customers. Based on previous processing trials it is the Company's expectation that positive results will be readily achievable from Nonda samples.
Scott Broughton, P.Eng., is the qualified person responsible for the preparation of this news release under National Instrument 43-101.
STIKINE GOLD CORPORATION
"Scott Broughton"
Scott Broughton, P.Eng. -- Chief Executive Officer
For further information contact:
Investor Relations
Tel: (604) 684-1900
Fax: (604) 684-2902
Email: info@stikinegold.com
Web: www.stikinegold.com