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Alacer's Exploration Update Highlighted by Northern Extension to Çöpler Main Zone

31.07.2012  |  CNW

TORONTO, July 31, 2012 /CNW/ - Alacer Gold Corp. ("Alacer") [TSX:ASR, ASX:AQG] announces results from the recent exploration programs in Turkey and Australia.The highlights and details given below indicate significant potential for growth at Çöpler, particularly in the Main Zone, as well as important results in Australia at Chalice, Trident and SBS28. To view the complete drill assay results, maps and sections relating to this news release, please visit the following link: http://files.newswire.ca/270/alacergold.pdf

Highlights - Exploration in Turkey

  • Çöpler's Main Zone continues to be extended:
    • In the previously untested old Çöpler Village area, initial drilling has intersected thick gold mineralization in all holes. Mineralization remains open to the north over a strike length of 500m in this area of the Main Zone.  Results include 167.5m at 1.9g/t gold from 114.2m in CDD355A and 91.7m at 1.6g/t gold from 59.5m in CDD364.
    • High-grade mineralization within the current sulfide pit boundary but outside the current resource has been intersected in several holes.  Results include 24.3m at 12.6g/t gold from 107.8m in CDD357.
    • Extensive gold mineralization continues to be intersected below the current sulfide pit boundary and outside the current Main Zone resource. Results include:
      • 64.5m at 2.0g/t gold from 67.6m in CDD374;
      • 32.7m at 1.3g/t gold from 160.5m and 39.3m at 2.5g/t gold from 237.1m in CDD290B; and
      • 11.7m at 6.6g/t gold from 166.5m and 23.4m at 2.7g/t gold from 196m in CDD352.
  • Infill drilling within the Main Zone continues to confirm the thickness of gold mineralization, with several holes intercepting significantly higher grades than currently modeled.  Results include 81.2m at 4.4g/t gold from 47.5m in CDD362.
  • Drilling between the Manganese and Main Zones is likely to extend the current resource by more than 150m with results including 174.2 m at 1.7 g/t gold from 95.3m and 32.0 m at 3.1 g/t gold from 309.5m in CDD383.
  • Drilling is continuing to confirm the depth potential below the Manganese Zone.  A deep hole on the southern side of the Manganese Zone intersected 22.0m at 3.3 g/t gold from 509.0m in CDD348.
  • Gold mineralization has been discovered in the western extremities of the Çöpler valley.  Results include 8m at 5.1g/t gold from 106m in CRC880 and 38m at 0.8g/t gold from 2m in CRC881.
  • Drilling continued on the Karakartal porphyry gold-copper deposit, located 12km southeast of Çöpler.  Results are confirming the geometry and grade of the current Karakartal Resource and include 122.5m at 0.7g/t gold and 0.26% copper from surface in KDD046 and 266.0m at 0.4g/t gold and 0.3% copper from 140.0m in KDD048.

Highlights - Exploration in Australia

  • At the Trident underground mine, drilling has identified southern extensions to the thick Helios orebody. Results include 22.0m at 3.9g/t gold from 266.0m in TUG1902.
  • At the Chalice underground mine, drilling between the Atlas and Olympus Lodes has continued to intersect thick high-grade mineralization outside of the current resource boundary, including 40.4m at 6.4g/t gold in CHUG0113.
  • At Higginsville's Corona Prospect, drilling has identified a second zone of laminated quartz veining over 150m south of the previously announced high-grade Corona shoot.
  • Drilling at Surprise, part of the SBS28 Complex, has confirmed continuity of high-grade mineralization up to 200m below the existing pit.  Recent results include 7m at 42.5g/t from 97m and 5m at 11.5g/t from 107m in SD042.
  • Drilling at Barbara, part of the SBS28 Complex, has intercepted high-grade mineralization below the historical underground workings.  New drilling results include 3m at 8.2g/t gold from 299m in BU213.

Edward Dowling, President and CEO of Alacer, stated "Drilling at Çöpler continues to extend known gold mineralization in various areas and this multi-million ounce deposit remains open in most directions. Most of these recent Çöpler drillholes have multiple intervals of thick gold mineralization and are so extensive that it makes it difficult to summarize in a few sentences.

We are pleased to provide initial drilling results from under the old Çöpler village which we have long suspected would be a well mineralized area near the center of the Çöpler deposit. Thick intervals of gold mineralization have been intersected in all the initial holes under the old village which provides a significant northern extension to the Main Zone.  Additionally, infill drilling in the Main Zone has confirmed significantly higher grades than currently modeled.

In Australia, we are also receiving encouraging results. At the Chalice Mine in Australia, drilling has continued to confirm thick high-grade gold mineralization outside of the current resource at the newly named Grampians Lode.  Positive results were also received at Surprise and Barbara, part of the SBS28 complex at our South Kalgoorlie Operations, confirming continuity of narrow high-grade gold mineralization."

Çöpler Exploration

An updated Çöpler resource estimate was released on February 27, 2012 and an associated Technical Report was released April 12, 2012.  The total Measured and Indicated Resources1 is 148.9 million tonnes at a grade of 1.53g/t gold, containing a total of 7.3 million ounces (inclusive of reserves).  This Resource included data from drilling completed to September 3, 2011.

Approximately 37km of further drilling has been completed since the resource update was completed up until April 2012 with the results from this drilling published on January 24, 2012 and May 7, 2012.  An additional 22km of drilling was completed during Q2 2012 and is the subject of this release.

During the quarter, exploration activity at Çöpler focused on extending the Main Zone to the north in the previously untested old Çöpler Village area, down-dip extensions to the Main Zone and Manganese Zone, and infilling the Main Zone.  Nine surface drilling rigs are currently on site at Çöpler.

Work is in progress to finalize a new Çöpler resource estimate during Q3 2012. The new estimate will include additional data from drilling completed from September 3, 2011 to June 30, 2012.

   
 1 Measured Resources = 100.3 million tonnes at 1.68g/t gold, containing 5.42 million ounces and Indicated Resources = 48.6 million tonnes at 1.21g/t gold, containing 1.89 million ounces (as at December 31, 2011 on a 100% basis).

Old Çöpler Village Drilling

The drilling under the old Çöpler Village began early in Q2 2012, which enabled exploration of this highly prospective area adjacent to the northern margin of the Main Zone.

All drillholes within the old village area have intersected thick sulfide mineralization, located up to 100m north of the current resource boundary.  Recent results which all are outside the boundary of the February 2012 Mineral Resource include:

  • 11.7m at 6.6g/t gold from 166.5m and 23.4m at 2.7g/t gold from 196.0m in CDD352;
  • 40.0m at 1.8g/t gold from 134.1m in CDD354;
  • 167.5m at 1.9g/t gold from 114.2m in CDD355A;
  • 8.8m at 2.1g/t gold from 64.2m, 8.8m at 2.7g/t gold from 76m, 7.8m at 1.9g/t gold from 110.2m, and 9.2m at 2.5g/t gold from 131.9m in CDD359;
  • 49.5m at 1.3g/t gold from 65.5m, 7.5m at 3.2g/t gold from 141.5m, and 21.9m at 2.6g/t gold from 197.4m in CDD363;
  • 91.7m at 1.6g/t gold from 59.5m in CDD364;
  • 51.8m at 1.3g/t gold from 46.1m, 26.7m at 1.1g/t gold from 124.1m, and 10.8m at 3.0g/t gold from 301m in CDD365;
  • 47.1m at 1.6g/t gold from 71.3m in CDD370; and
  • 6.0m at 5.8g/t gold from 75.0m, 31.9m at 1.4g/t gold from 98.2m, and 33m at 2.1g/t gold from 140.6m in CDD380.

All downhole intervals are estimated to be 50-80% of true width.

Mineralization remains open to the north over a strike length of 500m and drilling is in progress to test for further extensions.

Main Zone Drilling

Drilling at the Main Zone has concentrated on infill drilling and testing depth extensions below the currently defined pit boundary.

The infill drill program is continuing on the Main Zone in order to provide additional data for the Çöpler Sulfide Feasibility Study. Drilling is targeted to bring the drill spacing down to less than 50m by 50m and provide an improved geological and grade estimation model for detailed mine planning and optimization.

CDD290B was completed 50m north of the previously reported thick intersection of CDD296A (323m at 1.5g/t gold). CDD290B intersected 32.7m at 1.3g/t gold from 160.5m, 7.0m at 2.4g/t gold from 219.5m and 39.3m at 2.5g/t gold from 237.1m, all below the current sulfide pit and resource boundaries.

Deeper results from infill drilling in the core of Main Zone have returned strong mineralization below the current sulfide pit and resource boundaries.  Results included 11.7m at 6.6g/t gold from 166.5m and 23.4m at 2.7g/t gold from 196.0m in CDD352 (see Figure 2 above), 64.5m at 2.0g/t gold from 67.6m in CDD374, and 38.8m at 2.4g/t gold from 200.9m and 42.8m at 1.5g/t gold from 256.6m in CDD379. CDD357 intersected 24.3m at 12.6g/t gold from 107.8m from central Main Zone.  This intersection lies within the current sulfide pit boundary but outside the current resource boundary.

The majority of the shallower infill drill results are confirming thicknesses of mineralization, but with several holes indicating improved grades with the potential to add ounces to the current Mineral Resource.  Results include:

  • CDD351 - 10.3m at 7.3g/t gold from 225.1m;
  • CDD352 - 55.2m at 1.6g/t gold from surface;
  • CDD353 - 33.5m at 2.2g/t gold from 55m;
  • CDD362 - 81.2m at 4.4g/t gold from 47.5m; and
  • CDD371 - 20.5m at 1.9g/t gold from surface (oxide) and 47.2m at 2.0g/t from 48.3m.

All downhole intervals are estimated to be 80-100% of true width.

Manganese Zone Drilling

Drilling immediately to the east of the old Çöpler village between the Manganese and Main Zones is likely to extend the current resource by more than 150m with results including 174.2m at 1.7g/t gold from 95.3m and 32.0m at 3.1g/t gold from 309.5m in CDD383.  Further drilling is in progress to test the potential for these depth extensions to be continuous between these two zones.

Drilling is continuing to confirm the potential that exists at depth below the Manganese Zone. A deep hole at the southern edge of the Manganese Zone intersected 22m at 3.3g/t gold from 509m.  This intersection lies 50m east and deeper than the previous high-grade intercept in CDD274 of 100.1m at 4.1g/t gold.  This drilling is confirming continuity of higher grade mineralization at depth and indicates potential for underground mining.  Manganese Zone mineralization remains open at depth and to the east.  Further deep drilling in this area is in progress.  Downhole intervals are estimated to be 70% of true width.

Western Zone Drilling

Reverse Circulation ("RC") drilling focused on testing for mineralization at the northwest corner of the Çöpler Valley.  Drilling has confirmed several zones of narrow oxide and sulfide mineralization.  Best results include:

  • 8m at 5.1g/t gold from 106m in CRC880 immediately north of the West Zone;
  • 38m at 0.8g/t gold from 2m in CRC881;
  • 5m at 1.8g/t gold from surface in CRC879; and
  • 1m at 12.1g/t gold from 25m in CRC877 at Main Zone West.

Planned 2012 Çöpler Exploration

The Çöpler 2012 exploration budget is $10 million (2011: $8 million). The key objective of the Çöpler 2012 exploration program is to broadly determine the ultimate size potential of the Çöpler orebody and to better understand the controls on mineralization.

Diamond and RC drilling during 2012 will continue to complete infill drilling and test for depth and lateral extensions to known gold mineralization.

Çöpler Regional Exploration

Exploration of the Çöpler District is at an early stage due to the exploration effort having been focused on the Çöpler deposit until late 2011.  Drilling continued during the quarter at Karakartal and Fındıklıdere with geochemical and geophysical surveys completed over the 12km north-south Yakuplu to Karakartal mineralized trend. The tenements in this region are owned in a 50/50 joint venture with Lidya Mining.

Karakartal is a gold-rich porphyry copper deposit located approximately 12km southeast of Çöpler.  The current Indicated Resources are 13.8 million tonnes at 0.46g/t gold and 0.29% copper and Inferred Resources are 17.8 million tonnes at 0.32g/t gold and 0.22% copper (100% basis).

A diamond drilling program commenced during Q4 2011 at Karakartal which aims to:

  • determine the scale and grade of a potentially higher grade core to the Karakartal porphyry; and
  • identify potential shallow high-grade oxide ore sources for the nearby Çöpler Plant.

Six diamond drill rigs are active at Karakartal and Fındıklıdere with a total of 8,852m completed during Q2 2012.

Drill results to date are confirming the continuity of the moderate grade mineralization at Karakartal.  The deposit has been drilled over an 800m strike length and 100-250m width at a typical grade of 0.4 to 0.6g/t gold and 0.25 to 0.4% copper. Best results include:

  • 122.5m at 0.66g/t gold and 0.26% copper from surface, 84m at 0.40g/t gold and 0.20% copper from 142 m, 32m at 0.31g/t gold and 0.23% copper from 243.3m and 33.5m at 0.31g/t gold and 0.31% copper from 289.5 m in KDD046; and
  • 266m at 0.40g/t gold and 0.30% copper from 140m in KDD048.

Ground magnetic and induced polarization ("IP") geophysical surveys were completed on the Yakuplu and North Karakartal areas where geochemical soil samples up to 0.59g/t gold were returned during 2011.  Mapping and rock-chip sampling was carried out across the Yakuplu target where several targets have been identified for follow up drill testing to be completed in Q3 2012.  Further geochemical and geophysical surveys are in progress across the Yakuplu to Karakartal trend prior to drill testing of the highest priority anomalies.

Drilling is planned to continue at the Yakuplu to Karakartal region over the summer of 2012.

Higginsville Exploration

Exploration activity at Higginsville focused on Corona, the Higginsville Line of Lode Framework program and regional anomaly definition across Alacer's large Higginsville tenure including Chalice and Challenge. Drilling at the Chalice and Trident underground mines intercepted gold mineralization in gaps between current resources at both operations.

Chalice

Drilling continued from underground drill platforms in the Chalice Mine, primarily targeting the previously sparsely drilled gap between Atlas and Olympus Lodes. This drilling has confirmed continuity of thick, high-grade mineralization outside the current Chalice Mineral Resource over a 150m strike extent and up to 80m dip extent which has been named the Grampians Lode. Results from Q2 2012 drilling include:

  • 32.0m at 4.8g/t gold in CHUG0112
  • 40.4m at 6.4g/t gold in CHUG0113
  • 54.0m at 2.6g/t gold in CHUG0114
  • 28.0m at 6.1g/t gold in CHUG0158
  • 35.0m at 4.3g/t gold in CHUG0163

The Grampians Lode lies close to the planned decline to the Olympus Lode and is likely to provide additional near-term ore to the Chalice mine plan.

Corona

The high-grade Corona discovery (VIND047 which intersected 2.35m at 658g/t gold from 181.1m) was announced on January 24, 2012. Corona is located approximately 2.5km south of the Higginsville plant and gold mineralization at Corona is associated with a 0.5 to 2.0m wide, steeply east-dipping, north-south striking laminated quartz vein. Drilling to date has delineated a high-grade vein that is continuous over 50 to 100m in strike and more than 300m in dip and is part of a more extensive 2 to 10m wide shear zone.

Follow-up drilling continued at the Corona prospect during the quarter.  A series of surface diamond drillholes outlined a second zone of laminated quartz veining over 150m south of the main Corona shoot.  The laminated quartz veins contain accessory arsenopyrite and galena, with visible gold observed in one hole.  Further follow-up drilling is required to test for a potential second high-grade shoot in this area.

Three additional diamond drill holes were completed during the quarter to test the depth extent of the Corona structure.  A large thrust was intersected at the expected depth and is interpreted to represent the termination of the Corona structure at approximately 450m below surface.

Assay results received from Corona drilling to date are shown in the diagram below.

The Alacer Board of Directors recently approved an exploration decline to access the Corona deposit and exploratory drilling from underground. The Corona deposit will be accessed via a single 0.95km decline using the Fairplay open pit as a portal location. The very high-grade core of the Corona deposit is located 200m to 350m below surface. The Corona decline will provide underground drill platforms for approximately 1km of strike along the highly prospective Higginsville Line of Lode.

The very high-grade core of the ore body is currently open up and down-dip with underground infill drilling planned, while the decline will provide drill platforms for targeting additional mineralized structures.

Trident

The Trident decline reached 682mRL at the end of the quarter.  This development has enabled underground drill platforms to be set up on 744mRL to drill the top portions of both the Artemis and Helios Lodes.  Drilling initially targeted the previously undrilled area between Helios and Artemis. Two drillholes have tested this gap and have confirmed an average 60m southern extension to the Helios Lode over a dip extent of greater than 100m.   Results include 22.0m at 3.9g/t gold from 266.0m in TUG1902 and 17.5m at 2.9g/t gold from 182.0m in TUG1900.  True width is estimated at 65-70% of downhole width.  Further drilling is in progress to determine the ultimate extent and geometry of Helios prior to final resource estimation and mine design.

Other Higginsville Exploration

  • The Higginsville Framework drilling program neared completion as drilling during the quarter was carried out on the Aphrodite, Graveyard and Vine framework sections at the southern end of the Higginsville Line of Lode.
  • Aircore and rotary air blast ("RAB") drilling has been completed in the Challenge, Chalice and Lake Cowan areas.  Several small scale regolith anomalies have been defined requiring follow-up RC drilling.
  • RC drilling testing continued on regolith anomalies within the Challenge area.  Several intersections of significance warrant follow-up RC drill testing.
  • Initial diamond drilling at Bullseye at Challenge and Sinclair Soak on Lake Cowan indicate the presence of low-grade mineralization.  Further drilling is required to determine the significance of this mineralization.

South Kalgoorlie Exploration

South Kalgoorlie exploration during Q2 2012 was focused on testing for open-pit extensions at the Shirl-Barbara-Surprise-Pit28 ("SBS28") complex, Mt Martin and the Peaceful Gift/Chief's Lode and Pernatty/TNT areas to the north of the HBJ Pit.

SBS28

Located near Coolgardie and 35km west of the Jubilee processing plant, the SBS28 Complex is a 3km-long mineralized zone that has been sporadically mined under fragmented ownership over the past 70 years. The various styles of gold mineralization at the SBS28 Complex are indicative of a large system of mineralization.  The controls on mineralization are becoming better understood as drilling is progressively following up widespread, high-grade gold mineralization defined by previous drilling and mining.

Surprise is an old open pit and underground complex located near the northeast corner of the SBS28 complex. Historical production is estimated at 330,000 tonnes at 7.2g/t gold for 77,000 ounces. Resource definition RC drilling is in progress to test for the shallow (<200m deep) ore potential at Surprise.  Results are confirming continuity of narrow high-grade mineralized surfaces along the strike of the Surprise trend.  Results received for drilling during the quarter include:

  • 2m at 20.4 g/t gold from 11m in SD023
  • 8m at 2.5g/t gold from 49m in SD029
  • 6m at 3.6g/t gold from 154m in SD034
  • 11m at 5.8g/t gold from 47m in SD036
  • 22m at 16.7g/t gold from 96m in SD042, including 7m at 42.5g/t from 97m and 5m at 11.5g/t from 107m
  • 2m at 12.7g/t gold from 196m in SD075
  • 3m at 6.6g/t gold from 124m in SD079

Excellent potential exists for further open pit and underground mining at Surprise.

Three deeper diamond drillholes have been completed at Barbara located near the northwestern corner of the SBS28 Complex.  Two of the holes returned high-grade results below the existing old workings.  These initial holes provide encouragement that significant underground potential exists at depth and follow-up diamond drilling is planned.  Results include:

  • 3.0m at 8.2g/t gold from 299m in BU212 immediately below the old workings; and
  • 0.9m at 6.9g/t gold from 497m and 0.8m at 9.9g/t gold from 503.2m in BU203 over 100m below the lowest historical underground development level.

All downhole intervals at SBS28 are estimated to be 60-80% of true width.

Other South Kalgoorlie Exploration

  • A large program of infill, extensional and sterilization drilling has continued at Mt Martin to enable better pit optimization prior to mining recommencing.
  • Drilling at Peaceful Chief has confirmed previous results.  Resource estimation will commence when all assay results are returned.
  • A strategic full-field targeting exercise across the SKO tenure was 90% complete by quarter end.  A total of 327 exploration targets were identified and documented.  Target prioritization is near completion with several high-priority targets identified.  
  • Early stage aircore drilling beneath cover has commenced on several high-priority exploration targets generated from this full-field targeting exercise.

Other Information

Technical Procedural Information

The information in this report which relates to Exploration Results and Mineral Resources is based on information compiled by Chris Newman, a full time employee of Alacer Gold Corporation and who is a Member of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Geoscientists.  Mr Newman has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration and to the activity which is being undertaking to qualify as a Competent Person as defined in the 2004 Edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves" and a qualified person pursuant to National Instrument 43-101 of the Canadian Securities Administration.  Mr Newman consents to the inclusion in the report of the matters based on this information in the form and context in which it appears.

Exploration drilling and sampling in Turkey utilized surface NQ2 diamond core and Reverse Circulation ("RC"). Reverse circulation cuttings were sampled on 1.0m intervals and core was sampled at geologically selected intervals ranging from 0.7m to 2.0m, but generally 1.0m as sawn half core or hand split if clay.  Drill samples were performed by ALS-Chemex in Vancouver, BC, Canada, for gold by Fire Assay off a 30 gram charge with an AA finish.  Quality Assurance/Quality Control included the insertion and continual monitoring of numerous standards and blanks into the sample stream, and the collection of duplicate samples at regular intervals within each batch.  Selected holes are also analysed for a 33-element four acid ICP—AES.  Exploration and drilling results are reported as drilled thicknesses. Drill composites were calculated using a cut-off of approximately 0.3g/t gold for oxide and 0.6g/t gold for sulfide.  No top cut was applied.

Exploration drilling and sampling in Australia utilized surface HQ and NQ2 diamond core, RC and aircore. Drill core was sawn half core and submitted for assaying. Dependent on the ore body geometry, core sample lengths were constrained by geology, alteration or structural boundaries and sample lengths varied between a minimum of 0.5m to a maximum of 1.3m. Reported results from RC samples were collected on 1m riffle split intervals and from 4m composite samples using aircore. At Higginsville, RC and diamond drill samples were assayed with fire assay with an AAS finish on 50g charges via Genalysis Laboratories in Kalgoorlie and Perth or by pulverise and leach (PAL1000B) with an AAS finish on 500 ‐ 750g charges at the Higginsville Intertek laboratory. Aircore samples were analysed via low-level aqua regia digestion at Ultratrace and SGS Laboratories in Perth. Internationally accepted standards and blanks were utilised to check on laboratory assay quality control. At South Kalgoorlie, samples were assayed with fire assay with an AAS finish on 50g charges via SGS Laboratories in Kalgoorlie. Blanks and Assay Pills were utilised to check on laboratory assay quality control. Exploration and drilling results are reported as drilled thicknesses. Drill composites were calculated using a cut‐off of approximately 0.8g/t gold. No top cut was applied.

Detailed Drillhole Data

Çöpler  - Summary of Drillhole Locations
Hole
Number
EastingNorthingElevation
(m)
AzimuthDipDepth
(m)
CDD 279B45926443639771215360-60210
CDD 283C45932043639121217360-60370
CDD 290B45899843639581215360-60404
CDD 34846014443640041261360-60624
CDD 35045921143636121284360-60265
CDD 35145970143641381216360-60368
CDD 35245914743640611223360-60255
CDD 35345894143639601219360-60343
CDD 35445909643642071186 -90297
CDD 35545915543641811189360-6053
CDD 355A45915443641811189360-60303
CDD 35645903943637521252360-60349
CDD 35745899043637741254360-60376
CDD 35945910743643001157180-60251
CDD 36045900043642881163 -90325
CDD 36245939943640511176360-60301
CDD 36345920143641101212360-60268
CDD 36445929843641061198360-60310
CDD 36545924543641161206360-60355
CDD 36645870143634461307360-60122
CDD 36745938543637251242360-60360
CDD 36845855343640801219180-60419
CDD 36945904243642491156180-60188
CDD 37045929843640411204360-60334
CDD 37145919343639371229360-60357
CDD 37245873243638831219360-60267
CDD 37445919443638511244360-60382
CDD 37645854043639591206180-60307
CDD 37745949443642431205 -90423
CDD 37945896043638791239360-60404
CDD 38045869443638721228180-60206
CRC 865A4580294363754133190-60208
CRC 870A45793543641081332180-60203
CRC 871A45787443640981351180-60204
CRC 87245806943640931318180-60176
CRC 87345801743640971329180-60192
CRC 87445788743639571356180-60120
CRC 8754579174363900134590-60126
CRC 8764579564363855133890-60120
CRC 8774579654363832133890-60172
CRC 8784580144363785133290-60198
CRC 87945818643636781301360-6066
CRC 879A45818643636751302360-6060
CRC 88045812643636431325360-60177
CRC 88145820743639841260220-60156
CRC 88245814043639661279180-60210





Çöpler - Summary of Diamond Drilling Results
Hole NumberZone / Section LineFrom (m)To (m)Intercept
(m)
Gold (g/t)Remarks
CDD-279BMain Zone / L 59250 E3.07.14.11.1Oxide
 7.111.64.51.1Sulphide
 27.029.02.01.0Sulphide
 48.949.60.71.2Sulphide
 58.059.01.01.7Sulphide
 72.173.00.91.7Sulphide
 80.5122.642.11.2Sulphide
 126.6139.713.11.2Sulphide
 154.8165.610.81.7Sulphide
       
CDD-283CMain Zone / L 59300 E0.83.42.64.4Oxide
 3.425.221.83.2Sulphide
 29.330.41.11.4Sulphide
 59.763.74.01.2Sulphide
 105.9126.520.61.2Sulphide
 158.0159.31.31.6Sulphide
 166.5168.01.51.1Sulphide
 238.7242.03.31.9Sulphide
 247.9250.02.12.3Sulphide
       
CDD-290BMain Zone / L 59000 E0.014.314.32.8Oxide
 24.928.23.31.5Sulphide
 57.259.22.01.0Sulphide
 62.064.02.00.8Sulphide
 108.6111.93.31.1Sulphide
 114.9115.91.01.5Sulphide
 124.2140.616.41.1Sulphide
 144.6146.62.01.3Sulphide
 148.6149.61.02.9Sulphide
 153.7154.71.01.9Sulphide
 160.5193.232.71.3Sulphide
 219.5226.57.02.4Sulphide
 237.1276.439.32.5Sulphide
including248.1258.810.73.5Sulphide
       
CDD-348Mn Mine Zone / L 60150 E509.0531.022.03.3Oxide
including521.8526.64.89.8Oxide
       
CDD-350Main Zone / L 59200 E9.117.58.41.6Oxide
 25.029.04.01.2Sulphide
 33.038.05.02.1Sulphide
 206.2212.15.91.2Sulphide
 253.2257.84.61.4Sulphide
 261.6263.01.41.3Sulphide
       
CDD-351Mn-Mine Zone / L 59700 E179.0187.78.70.7Oxide
 201.3205.34.03.1Oxide
 216.9218.41.51.3Oxide
 225.1235.410.37.2Sulphide
 241.4244.43.02.1Sulphide
 250.7254.43.70.8Sulphide
 256.4258.42.01.0Sulphide
 269.4274.45.00.8Sulphide
 289.6295.55.90.8Sulphide
 304.6305.81.21.2Sulphide
 318.6320.62.00.9Sulphide
 332.7333.71.01.1Sulphide
 336.7339.73.01.0Sulphide
       
CDD-352Main Zone / L 59150 E0.055.255.21.6Oxide+Sulphide
including0.017.517.51.3Oxide
including27.838.510.72.8Sulphide
including43.647.64.04.1Sulphide
 62.467.34.91.5Sulphide
 74.376.32.01.0Sulphide
 81.692.811.21.8Sulphide
 109.6116.36.72.6Sulphide
 129.5134.85.31.5Sulphide
 152.0154.02.02.0Sulphide
 166.5178.211.76.6Sulphide
 196.0219.423.42.7Sulphide
including198.1213.215.13.3Sulphide
       
CDD-353Main Zone / L 58950 E0.021.821.80.7Oxide
 55.088.533.52.3Sulphide
 160.0168.18.11.5Sulphide
 172.2188.416.21.0Sulphide
 219.7224.04.32.1Sulphide
 260.4261.41.01.6Sulphide
 265.4266.41.05.8Sulphide
       
CDD-354Main Zone / L 59100 E45.349.13.82.9Sulphide
 97.299.22.02.3Sulphide
 114.9115.91.01.1Sulphide
 134.1174.140.01.8Sulphide
 189.5191.01.51.6Sulphide
 269.6273.64.04.6Sulphide
 295.8297.01.21.1Sulphide
       
CDD-355Main Zone / L 59150 ENo Signficant Results
 
       
CDD-355AMain Zone / L 59150 E114.2281.7167.51.9Sulphide
including136.5164.427.93.6Sulphide
including182.6185.63.08.5Sulphide
including193.7197.84.14.5Sulphide
      
CDD-356Main Zone / L 59050 E17.018.01.01.7Sulphide
 48.049.01.01.2Sulphide
 185.6186.00.42.3Sulphide
 277.7282.75.02.2Sulphide
 287.2292.25.05.5Sulphide
 313.5318.24.71.8Sulphide
 336.6337.50.91.3Sulphide
       
CDD-357Main Zone / L 59000 E0.015.515.51.4Oxide
 22.123.11.01.8Oxide
 34.136.12.01.7Sulphide
 42.044.22.24.2Sulphide
 61.587.325.82.7Sulphide
 107.8132.124.312.6Sulphide
 146.4147.41.01.6Sulphide
 154.4155.41.01.1Sulphide
 239.5240.51.01.3Sulphide
 350.8351.81.02.3Sulphide
       
CDD-359Main Zone / L 59100 E0.08.78.70.4Oxide
 27.029.02.02.2Sulphide
 51.354.33.01.9Sulphide
 57.2123.165.91.3Sulphide
 131.9141.19.22.5Sulphide
 151.3158.16.81.6Sulphide
       
CDD-360Main Zone / L 59000 E24.526.52.01.7Oxide
 44.445.41.01.5Sulphide
 138.2139.21.01.1Sulphide
 161.5164.73.21.1Sulphide
 191.2193.11.91.5Sulphide
 245.0247.02.01.7Sulphide
 265.0266.01.02.8Sulphide
 267.0268.01.02.5Sulphide
 272.6274.92.30.9Sulphide
 287.0289.12.11.4Sulphide
 291.1292.00.91.6Sulphide
       
CDD-362Main Zone East / L 59400 E47.5128.781.24.4Oxide+Sulphide
including53.866.112.323.5Oxide
 184.7187.42.71.1Sulphide
 291.1292.00.96.8Sulphide
       
CDD-363Main Zone / L 59200 E0.053.553.51.5Oxide+Sulphide
 65.583.518.01.7Sulphide
 86.5115.028.51.1Sulphide
 141.5149.07.53.2Sulphide
 155.0158.03.01.6Sulphide
 167.0177.310.31.1Sulphide
 182.6184.62.02.0Sulphide
 197.4219.321.92.6Sulphide
 225.5226.51.01.5Sulphide
       
CDD-364Main Zone / L 59300 E59.5151.291.71.6Sulphide
including146.2151.25.07.6Sulphide
 274.5276.31.81.5Sulphide
       
CDD-365Main Zone East/ L 59250 E31.332.31.01.3Oxide
 36.337.20.91.4Oxide
 46.197.951.81.3Sulphide
 103.0107.04.01.1Sulphide
 111.0115.04.01.0Sulphide
 124.1150.826.71.1Sulphide
 168.3171.53.24.8Sulphide
 176.6177.61.02.1Sulphide
 196.2198.22.01.4Sulphide
 283.8284.81.01.5Sulphide
 301.0311.810.83.0Sulphide
 333.8335.11.31.5Sulphide
 352.5354.01.53.8Sulphide
       
CDD-366Main Zone / L 58700 E92.594.82.32.4Sulphide
 98.0100.02.01.4Sulphide
       
CDD-367Main Zone / L 59400 E137.0146.09.01.6Sulphide
 150.0151.01.02.0Sulphide
 157.0158.01.01.1Sulphide
 171.3174.83.51.1Sulphide
       
CDD-368Main Zone / L 58550 E341.4362.421.01.2Sulphide
 377.2382.25.01.3Sulphide
       
CDD-369Main Zone / L 59050 E10.011.01.01.3Sulphide
 56.259.23.01.8Sulphide
 77.390.813.50.9Sulphide
 96.8107.210.41.5Sulphide
 119.3157.538.21.4Sulphide
 163.8164.81.01.7Sulphide
 170.8174.03.21.1Sulphide
       
CDD-370Main Zone East/ L 59300 E21.524.93.42.2Oxide
 71.3118.447.11.6Sulphide
 122.9123.91.01.0Sulphide
 133.0134.21.21.1Sulphide
 139.3141.32.01.3Sulphide
 151.3153.11.83.1Sulphide
       
CDD-371Main Zone / L 59200 E0.020.520.51.9Oxide+Sulphide
 26.533.26.71.4Sulphide
 48.395.547.22.0Sulphide
 60.569.79.23.8Sulphide
 105.5108.53.01.3Sulphide
 120.1126.36.21.8Sulphide
 142.2143.21.01.2Sulphide
 147.4148.41.01.4Sulphide
 179.1180.11.01.0Sulphide
       
CDD-372Main Zone / L 58750 E0.017.817.85.0Oxide
 23.825.01.21.5Sulphide
 37.949.111.21.3Sulphide
 106.3107.31.02.6Sulphide
 109.4110.41.02.9Sulphide
 111.4112.51.12.4Sulphide
 116.5119.12.63.7Sulphide
 122.1133.711.62.2Sulphide
       
CDD-374Main Zone / L 59200 E21.823.82.02.0Sulphide
 49.550.51.01.1Sulphide
 52.553.51.01.7Sulphide
 67.6132.164.52.0Sulphide
including107.3110.02.76.5Sulphide
 115.0118.03.06.0Sulphide
 205.5208.73.21.2Sulphide
 224.3227.33.08.8Sulphide
       
CDD-376Main Zone / L 58550 E8.016.98.91.8Oxide
 188.2191.33.11.2Sulphide
 195.0196.21.21.1Sulphide
 202.9214.011.10.9Sulphide
 217.0218.11.11.5Sulphide
       
CDD-377Mn Mine Zone / L 59500 E126.3127.31.02.3Oxide
 160.7176.415.71.2Sulphide
 181.4211.930.52.7Sulphide
including203.5208.85.38.1Sulphide
 232.9235.93.01.7Sulphide
 237.9239.92.01.4Sulphide
 242.9245.93.01.3Sulphide
 263.1264.11.01.3Sulphide
 309.9310.91.05.9Sulphide
       
CDD-379Main Zone / L 58950 E0.036.036.01.2Oxide
including32.034.02.07.7Sulphide
 48.067.919.92.6Sulphide
 80.3119.038.72.1Sulphide
 168.8191.823.01.6Sulphide
 200.9239.738.82.4Sulphide
 256.6299.442.81.5Sulphide
 314.9323.28.32.8Sulphide
 327.2329.32.11.2Sulphide
 332.3341.79.41.5Sulphide
 379.7382.02.34.8Sulphide
       
CDD-380Main Zone / L 59050 E75.081.06.05.8Sulphide
 98.2130.131.91.4Sulphide
 140.6173.633.02.1Sulphide
 180.5182.72.23.9Sulphide
       
CDD-383Mn-Mine Zone / L 59450 E95.3269.5174.21.7Oxide
including101.4104.43.08.1Sulphide
including118.4123.45.05.0Sulphide
including149.4177.528.13.1Sulphide
 309.5341.532.03.1Sulphide
including327.5341.514.04.5Sulphide





Çöpler - Summary of Reverse Circulation Drilling Results
Hole NumberZone / Section LineFrom
(m)
To
(m)
Intercept
(m)
Gold (g/t)Remarks
CRC-865AMain Zone West  / L 58050 ENo Signficant Results
 
 
       
CRC-870ANW Waste Dump  / L 57950 ENo Signficant Results
 
 
       
CRC-871ANW Waste Dump / L 57850 ENo Signficant Results
 
 
       
CRC-872NW Waste Dump / L 58050 ENo Signficant Results
 
 
       
CRC-873NW Waste Dump / L 58000 ENo Signficant Results
 
 
       
CRC-874NW Waste Dump / L 58000 ENo Signficant Results
       
CRC-875NW Waste Dump / L 57900 ENo Signficant Results
  
  
       
CRC-876NW Waste Dump / L 57950 E58.075.017.00.9Oxide
       
CRC-877NW Waste Dump / L 57950 E25.026.01.012.1Oxide
 85.087.02.01.0Oxide
       
CRC-878Main Zone West / L 58050 E81.082.01.01.4Oxide
 142.0144.02.02.9Sulphide
       
CRC-879Main Zone West / L 58200 E0.05.05.01.8Oxide
 58.059.01.01.4Sulphide
       
CRC-879AMain Zone West / L 58200 E7.013.06.00.8Oxide
       
CRC-880West Zone / L 58150 E95.096.01.01.3Oxide
 106.0114.08.05.1Oxide
including108.0110.02.016.7Oxide
       
CRC-881Main Zone West / L 58200 E2.040.038.00.8Oxide
including22.030.08.01.9Oxide
 40.045.05.00.9Sulphide
       
CRC-882NW Waste Dump / L 58150 E32.036.04.01.3Oxide
 76.078.02.01.0Sulphide





Karakartal  - Summary of Drillhole Locations
Hole NumberEasting
(m)
Northing
(m)
Elevation
(m)
Azimuth
(°)
Dip
(°)
Depth (m)
KDD-038A46670843560321695180-7080
KDD-04446580043559281785180-7069
KDD-04546689143559981728170-70226
KDD-045A46689143559981728170-70161
KDD-04646695043560351742160-70262
KDD-046A46695043560351742160-70125
KDD-04746683943560391728180-70309.7
KDD-047A46683943560391728180-70180
KDD-04846695043561501745180-70418.7
KDD-04946698943560751765180-70519.5
KDD-049A46698943560751765180-7093
KDD-05046700443559571742180-70421.7
KDD-050A46700443559571742180-7035
KDD-05146575043560101810180-60285
KDD-05246705443560411773180-70413
KDD-052A46705443560411773180-70217.5
KDD-05346710243559641748180-70292.7
KDD-05446697043559961740180-70214
KDD-054A46697043559961740180-70105
KDD-05546720043559671779180-70299
KDD-05646685043559751710180-70267.5
KDD-05746561543561341900180-7051





Karakartal - Summary of Diamond Drilling Results
Hole
Number
Section LineFrom
(m)
To
(m)
Intercept
(m)
Gold
  g/t
Copper
%
Moly
 ppm
KDD- 038AL 6700 E33.5373.50.250.2513
 768040.250.2730
        
KDD-045L 6900 E51561410.330.26-
Including25.594.560.70.440.25-
 169208390.40.22-
 230287570.420.3714
Including248275270.630.48-
  334.7335.710.380.5619
        
KDD-046L 6950 E 0124.5122.20.660.26-
 142226840.40.211
 243.3275.432.10.310.23-
 289.532333.50.310.31-
        
KDD-046AL 6950 E 01241240.760.31-
        
KDD-047L 6850 E 571701130.440.24-
 200218180.410.3-
 242280380.360.3311
 295.52993.50.310.5135
        
KDD-048L 5850 E 0124124No Signficant Results
 1404062660.40.3-
Including328384560.590.49-
        
KDD-049L 7000 E28.8312.20.120.8512
 110.515140.50.410.31-
 179328.5149.50.520.3-
Including199.2260.561.30.710.38-
 396432360.250.3416
        
KDD-050L 7000 E198.5212.5140.380.26-
 244.1270.926.80.30.3210
        
KDD-050AL 7000 E 035350.530.21-
Including014140.80.24-
        
KDD-051L 5750 E 1010.70.7-0.68-
 11.912.30.4-1.79-
        
KDD-052L 7050 E  424640.221.3115
 122204.882.80.460.35-
        
KDD-053L 7100 E  1260480.320.3511
 102200980.530.33-
Including122166440.690.3910





Corona - Summary of Drilling Results
Hole
Number
NorthingEastingRLDipAzimuthFrom
(m)
Interval
(m)
Gold
(g/t)
Comments
VIND067A6485830380015295-60267451.81.94.2Corona Vein
VIND0786485850379830295-60269167.06.10.8Total Shear Zone
      171.71.01.0Corona Vein
VIND0796486200379790295-60269---No Significant Intersection
VIND0816485850379826295-52269139.57.51.0Total Shear Zone
      144.20.33.6Corona Vein
VIND0826485850379834295-65269---No Significant Intersection
VIND0906485982379839295-60267224.49.82.7Total Shear Zone
      230.01.18.5Corona Vein
VIND0926485984379794295-60270161.415.94.2Total Shear Zone
      165.32.130.6Corona Vein





Chalice - Summary of Drilling Results
Hole
Number
NorthingEastingRLDipAzimuthFrom
(m)
Interval
(m)
Gold
(g/t)
Zone
CHUG009264789243595181165-38252146.08.00.8Grampians
CHUG0098A64789063595591139-27269194.83.24.5Grampians
CHUG011264789533594531122-3227576.032.04.8Grampians
CHUG011364789533594531122-3727577.640.46.4Grampians
CHUG011464789533594531122-4127478.054.02.6Grampians
CHUG011564789533594531122-4027980.849.21.8Grampians
CHUG011664789533594531122-3528080.731.32.1Grampians
CHUG011764789533594531122-3328790.824.24.0Grampians
CHUG012064789533594531122-31299106.026.02.8Grampians
CHUG015364789063595601138-29263178.07.01.4Grampians
CHUG015864789043595611137-35265177.028.06.1Grampians
CHUG016264789033595611137-33275197.019.01.5Grampians
CHUG016364789063595601138-36269173.035.04.3Grampians
CHUG016564789063595601138-38262189.015.05.0Grampians
CHUG016764789263595181166-31272153.05.73.5Grampians
CHUG016864789263595181166-31281 --Pegmatite Intrusive
CHUG017064789233595181166-31256130.619.56.4Grampians





Trident - Summary of Drilling Results
Hole
Number
NorthingEastingRLDipAzimuthFrom
(m)
Interval
(m)
Gold
(g/t)
Zone
TUG18636489721379973739-37273196.06.071.0Artemis
TUG18656489722379973739-39285201.610.446.9Artemis
TUG18656489722379973739-39285217.55.717.7Artemis
TUG19086489721379973739-41276227.50.50.0Artemis
TUG18676489721379974740-36287208.00.40.0Artemis
TUG19106489721379973739-37268204.03.00.2Artemis
TUG19006489914380029717-42281260.26.618.9Artemis
TUG19076489914380030718-50311308.080.03.0Helios
     including337.025.05.5Helios HG
TUG19046489914380029716-47302254.031.80.7Helios
TUG19006489914380029717-42281170.357.71.1Helios
     including182.017.52.9Helios
TUG19026489914380029717-49290266.022.03.9Helios





Surprise - Summary of Drilling Results
Hole
Number
NorthingEastingRLDipAzimuthFrom
(m)
Interval
(m)
Gold
(g/t)
SD0166573485333907370-6024016.020.9
SD0226572854334119358-6024011812.1
SD023
 
6572908
 
334016
 
358
 
-60
 
354
 
11
171
2
1
20.4
12.8
SD024
 
6572982
 
334043
 
358
 
-60
 
357
 
130
138
1
1
1.4
1.3
SD025
 
6573072
 
333996
 
358
 
-60
 
240
 
38
142
1
1
11.4
1.1
SD026
 
 
6573163
 
 
333948
 
 
358
 
 
-60
 
 
240
 
 
16
54
67
5
1
7
1.0
1.5
0.9
SD027
 
 
 
 
6573247
 
 
 
 
333889
 
 
 
 
358
 
 
 
 
-60
 
 
 
 
357
 
 
 
 
9
20
103
134
170
2
2
1
1
1
2.3
4.4
4.2
1.7
1.2
SD028
 
6573328
 
333832
 
358
 
-60
 
357
 
98
165
1
1
2.3
2.1
SD029
 
 
6573420
 
 
333784
 
 
358
 
 
-60
 
 
363
 
 
11
49
64
1
8
1
7.3
2.5
8.4
SD031
 
 
 
6573040
 
 
 
334042
 
 
 
358
 
 
 
-60
 
 
 
358
 
 
 
68
73
181
210
1
1
2
1
4.8
2.0
1.6
2.0
SD032
 
6573130
 
333995
 
358
 
-60
 
240
 
90
202
3
1
14.0
1.4
SD033
 
6573218
 
333941
 
358
 
-60
 
357
 
81
86
1
6
11.4
2.1
SD034
 
 
6572967
 
 
334016
 
 
358
 
 
-60
 
 
357
 
 
21
154
178
1
6
1
4.3
3.6
1.1
SD035
 
6573396
 
333795
 
360
 
-60
 
240
 
3.0
50.0
4.0
12.0
5.3
0.9
SD036
 
 
6573362
 
 
333788
 
 
357
 
 
-60
 
 
240
 
 
47.0
67.0
139.0
11.0
6.0
1.0
5.8
2.1
3.5
SD0396573342333801357-6024045.01.00.7
SD0416573387333776357-6024020.02.00.7
SD042
 
 
 
 
6573322
 
 
 
 
333814
 
 
 
 
357
 
 
 
 
-60
 
 
 
 
240
 
 
including
including
56.0
81.0
96.0
97.0
107.0
1.0
2.0
22.0
7.0
5.0
1.9
1.3
16.7
42.5
11.5
SD065
 
 
 
6573152
 
 
 
333981
 
 
 
358
 
 
 
-60
 
 
 
240
 
 
 
66.0
77.0
83.0
106.0
2.0
2.0
3.0
1.0
2.4
10.0
1.9
1.2
SD066
 
 
6573146
 
 
333971
 
 
358
 
 
-60
 
 
240
 
 
64.0
93.0
169.0
10.0
3.0
1.0
0.8
3.5
1.0
SD0686573136334005358-60240190.06.01.1
SD069
 
 
 
 
6573124
 
 
 
 
333985
 
 
 
 
358
 
 
 
 
-60
 
 
 
 
240
 
 
 
 
73.0
101.0
106.0
121.0
147.0
3.0
1.0
10.0
8.0
3.0
3.6
4.2
2.1
1.2
1.0
SD0706573108334006358-6024086.010.01.0
SD0716573101333996358-6024080.04.03.8
SD0726573095333986358-60240130.06.04.0
SD074
 
6573079
 
334007
 
358
 
-60
 
240
 
56.0
82.0
4.0
3.0
1.5
1.3
SD075
 
 
6573063
 
 
334030
 
 
358
 
 
-60
 
 
240
 
 
84
114
196
1
16
2
2.0
1.6
12.7
SD076
 
6573056
 
334018
 
358
 
-60
 
240
 
94
102
3
5
2.0
1.6
SD077
 
 
6573049
 
 
334006
 
 
358
 
 
-60
 
 
240
 
 
79
98
106
8
3
1
2.6
1.8
0.7
SD0786573047334054358-602408511.4
SD079
 
6573044
 
334048
 
358
 
-60
 
240
 
124
174
3
1
6.6
2.4




Barbara Drillhole Assay Summary
HoleNorthingEastingRLDipAzimuthFrom
(m)
Interval
    (m)
Gold
g/t
BARBRC0296573484332579360-601954620.7
BARBRC0306573470332626360-6019510120.6
BARBRC031
 
 
6573458
 
 
332598
 
 
360
 
 
-60
 
 
195
 
 
28
34
48
1
3
1
8.5
12.2
1.9
BARBRC0326573496332609360-601959540.6
BU203
 
6573592
 
332845
 
360
 
-60
 
210
 
497
503.2
0.9
0.8
6.9
9.9
BU2126573482332784360-603722993.08.2
BU2136573456332884360-60370  NSI




Cautionary Statements

Certain statements contained in this news release constitute forward-looking information, future oriented financial information, or financial outlooks (collectively "forward-looking information") within the meaning of Canadian securities laws. Forward-looking information may relate to this news release and other matters identified in Alacer's public filings, Alacer's future outlook and anticipated events or results and, in some cases, can be identified by terminology such as "may", "will", "could", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "forecast", "projects", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts and include, but are not limited in any manner to, those with respect to proposed exploration, communications with local stakeholders and community relations, status of negotiations of joint ventures, commodity prices, mineral resources, mineral reserves, realization of mineral reserves, existence or realization of mineral resource estimates, the timing and amount of future production, timing of studies and analysis, the timing of construction of proposed mines and process facilities, capital and operating expenditures, economic conditions, availability of sufficient financing, exploration plans and any and all other timing, exploration, development, operational, production, financial, economic, legal, social, regulatory and, political factors that may influence, or be influenced by,  future events or conditions. Such forward-looking statements are based on a number of material factors and assumptions, including, but not limited in any manner, those disclosed in any other Alacer filings, and include exploration results and the ability to explore, the ultimate determination of mineral reserves, availability and final receipt of required approvals, titles, licenses and permits, sufficient working capital to develop and operate the mines, access to adequate services and supplies, commodity prices, ability to meet production targets, foreign currency exchange rates, interest rates, access to capital markets and associated cost of funds, availability of a qualified work force, ability to negotiate, finalize and execute relevant agreements, lack of social opposition to the mines, lack of legal challenges with respect to any the property or the Company and the ultimate ability to mine, process and sell mineral products on economically favourable terms. While we consider these assumptions to be reasonable based on information currently available to us, they may prove to be incorrect. Actual results may vary from such forward-looking information for a variety of reasons, including but not limited to risks and uncertainties disclosed in other Alacer filings at www.sedar.com and other unforeseen events or circumstances. Other than as required by law, Alacer does not intend, and undertakes no obligation to update any forward-looking information to reflect, among other things, new information or future events.

 

SOURCE ALACER GOLD CORP.

PDF available at: http://stream1.newswire.ca/media/2012/07/31/20120731_C3467_DOC_EN_16500.pdf

on Alacer Gold, please contact:

Edward Dowling or Lisa Maestas - North America at +1-303-292-1299
Roger Howe - Australia at +61-405-419-139


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