| Central Yukon Projects, Mayo Mining District | |||||
|---|---|---|---|---|---|
| item | Project | Claims | Hectares | Comments | |
| 1 | Blende | 258 | 5,392.20 | Pb-Zn-Ag | |
| 2 | Blende-Ocelot | 372 | 7,774.80 | Ag | |
| 3 | Keno Silver | 272 | 5,684.80 | Ag-Au | |
| 4 | Yukon Carlin Gold Trend | 153 | 3,197.70 | Au? | |
| Total | 1055 | 22,049.50 | |||
As previously reported (see news release dated 06/14/12), Blind Creek crews in June 2011 found mineralized gossan rock float hosting malachite -- azurite as well traces of copper sulphides, within the Blende-Ocelot claim block which is adjacent to the ATAC claim block, Mayo Mining District, Yukon. Two rock float samples delivered to the laboratory then, returned 287 ppm and 468 ppm silver, 0.569 ppm and 0.969 ppm gold, 4380 ppm and 8700 ppm copper, as well as 247 and 506 ppm arsenic.
Between 12th -19th June 2012 similar but more persistent copper sulphide-carbonate mineralization has been identified within a 5 metre wide north-south shear zone traceable over 1000 metres.
These copper sulphides are interpreted to be skarn related, hosted within a Triassic (or older) complex of sills, dikes and intrusions of variable diorite composition.
Stage 1 field work for 2012 has also been completed on the Keno Silver Project and the Yukon Carlin Trend Project.
All remaining samples from these projects are being prepared for delivery to the laboratory by 25th June, 2012.
The Company now has an updated website with information and technical reports at www.blindcreekresources.com
The technical information in this News Release has been written by Nicholas Clive Aspinall, P.Eng., a qualified person as defined in National Instrument 43-101.
On behalf of the Board of Directors,
"J. Frank Callaghan"
J. Frank Callaghan
President and CEO
Tel: (604) 669 -- 6463
This News Release contains forward-looking statements. Forward-looking statements are statements, which relate to future events and conditions and therefore involve inherent risks and uncertainties. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our industry, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. All phases of the Company's operations are subject to environmental regulation and governmental approval and permits and there can be no assurance that the Company will obtain all the requisite permits for future development. Mining is an inherently risky business with large capital expenditures and cyclical metals markets. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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