West Kirkland Mobilizes Drill to Bullion Mountain Project, Cortez Area, Nevada
08.09.2011 | Marketwired
![West Kirkland Mobilizes Drill to Bullion Mountain Project, Cortez Area, Nevada](https://www.goldseiten.de/media/goldseiten-news.jpg)
Bullion Mountain is located 12 kilometers north of the Pipeline Mine of Barrick. On September 7, 2011, Barrick announced a new discovery 24 kilometers south east of Pipeline which highlights the continued potential of the region. The target at Bullion is the north-south structures projected from the Pipeline mine and the potential flat Roberts Mountain thrust structures that control gold deposits in the region.
The Company has received its permit from the Bureau of Land Management for the proposed drill program and a drill is being mobilized in September, pending completion of the drill roads in progress.
The Pipeline Mine, the new discoveries by Barrick and the Bullion Property are part of the Battle Mountain Trend, one of the most prolific gold trends in North America. Recent exploration has been successful in finding high grade gold in addition to the near surface lower grade types of gold deposits found in the 1980s and 1990s. Surface exploration at Bullion has returned 10 gold g/t surface samples and the target at Bullion is at depth of 500 to 600 meters.
West Kirkland Mining can earn a 60% interest in Bullion as part of a transaction (announced Dec 16, 2010) with Fronteer Gold involving 11 properties. Fronteer was subsequently taken over by Newmont. WKM can earn a 60% interest in the Bullion property specifically by spending US$ 1,800,000 over 4 years.
Qualified Person
Michael G. Allen, Vice President of Exploration for West Kirkland, and a Qualified Person as defined by Canadian National Instrument 43-101, has reviewed the information contained in this news release.
About West Kirkland Mining
West Kirkland Mining was formed in 2010 to focus on gold exploration along major trends in North America. The Company has consolidated significant mineral rights positions in the Kirkland Lake area of Ontario and within major gold trends of North Eastern Nevada - two of North America's premier gold jurisdictions. WKM has current active drill programs in Nevada at the TUG deposit in the Long Canyon Trend and in Kirkland Lake on the main Breaks.
The founders and Board of West Kirkland Mining have successful gold mine discovery, development and mine operations experience in both Ontario and Nevada over the past 40 years.
Disclaimer for Forward-Looking Information
This press release contains forward-looking information within the meaning of Canadian securities laws. Such information includes, without limitation, information regarding proposed exploration activities. Although the Company believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward looking information as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the market for gold or other minerals that may be produced generally, recent market volatility; variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's ability to obtain any necessary permits, consents or authorizations required for its activities, to raise the necessary capital or to be fully able to implement its business strategies and other risks associated with the exploration and development of mineral properties. The reader is referred to the Company's public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company's profile on SEDAR at www.sedar.com.
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.
Contact Information
West Kirkland Mining Inc.
R. Michael Jones
(604) 685-8311
West Kirkland Mining Inc.
Michael G. Allen
(604) 685-8311
West Kirkland Mining Inc.
Knox Henderson
(604) 685-8311
(604) 484-4710 (FAX)
info@wkmining.com
www.wkmining.com
Sequoia Partners
Don Graham
778-558-4310
don@sequoiapartners.ca
Sequoia Partners
James Beesley
778-389-7715
james@sequoiapartners.ca