West Kirkland Drills New Gold Zone Near TUG Deposit, Long Canyon Trend, Nevada
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/26/12 -- West Kirkland Mining Inc. (TSX VENTURE: WKM) ("West Kirkland" or the "Company") is pleased to announce drill results for the first four holes recently drilled on the 12 Mile prospect in Nevada. Highlights include 6.10 meters of 0.72 g/t Au from a depth of 12.2 meters. Overall the drilling returned near-surface grades and thicknesses similar to the Company's TUG deposit located ten kilometers to the east. Three further holes at 12 Mile have assays pending.
--------------------------------------------------------------------------
From To Length
Hole ID (m) (m) (m) Au g/t Ag g/t
--------------------------------------------------------------------------
12M12-001 67.06 77.72 10.66 0.34 1.03
--------------------------------------------------------------------------
and 88.39 96.01 7.62 0.23 0.67
--------------------------------------------------------------------------
and 99.06 108.20 9.14 0.31 0.75
--------------------------------------------------------------------------
12M12-002 0.00 12.19 12.19 0.31 0.98
--------------------------------------------------------------------------
and 123.44 128.02 4.58 0.19 0.24
--------------------------------------------------------------------------
and 131.06 135.64 4.58 0.21 0.06
--------------------------------------------------------------------------
12M12-003 0.00 22.86 22.86 0.35 1.12
--------------------------------------------------------------------------
including 10.67 15.24 4.57 0.52 1.14
--------------------------------------------------------------------------
12M12-004 7.62 25.91 18.29 0.44 1.67
--------------------------------------------------------------------------
including 12.19 18.29 6.10 0.72 2.19
--------------------------------------------------------------------------
Michael G. Allen, Vice President of Exploration for the Company said, "The initial results from 12 Mile confirm a gold bearing system in the same units as our nearby TUG deposit. The results from 12 Mile continue to validate our regional exploration program in the Long Canyon trend. Drilling to date has tested a strike length of approximately 250 meters and the gold system is open to expand further to the north and west. This robust mineralizing system identified will be tested through further drilling."
Details
Drilling at 12 Mile has intersected significant gold mineralization in a similar geological setting to the nearby TUG deposit, with the best grades of mineralization occurring just below the contact between the Chainman Shales and Guilmette Carbonates. The best grades cut in the current drilling are extremely shallow, giving the potential to develop a low strip ratio open pit resource at 12 Mile. In addition, further zones of alteration and mineralization occur deeper within the Guilmette formation. These zones of alteration and mineralization may come closer to surface to the west, where surface samples returned up to 1.73 g/t Au.
West Kirkland has an option to earn up to 60% of the mineral rights to the 12 Mile prospect from Rubicon Minerals. 12 Mile is located within the Company's Long Canyon Trend property packages, where the Company controls approximately 1,000 square kilometers of mineral rights. West Kirkland has completed its first year obligations under the Rubicon agreement. The 12 Mile prospect is located on private mineral rights within Elko County, Nevada.
In addition to drilling at 12 Mile, as part of the Company's exploration program within the Long Canyon Trend, two reverse circulation holes were also drilled at Toano prospect, which is located approximately 23 kilometers northeast of the Long Canyon deposit.
Company Focus
The Company's focus in the United States is to expand and complement the TUG gold deposit through regional exploration for near surface gold deposits. The structural model for gold deposits in the Long Canyon Trend has accelerated exploration in the area since the discovery of Newmont's large scale Long Canyon deposit. The Long Canyon Trend is delineated by the Long Canyon deposit in the south west and TUG deposit 65 kilometers to the north east. West Kirkland has the dominant land position between the two deposits.
Data, Verification, Quality Control and Assurance
Drill intersections are reported at drilled thickness, true thickness is estimated to be between 60 and 90% of drilled thickness. Composites were calculated using an internal cut-off of 0.1 g/t Au. Drill samples were assayed by ALS Chemex in North Vancouver, BC (ISO 9001:2008). Gold was assayed for using fire assay with an ICP finish. Samples that returned values in excess of 1 g/t Au were re-assayed using gravimetric methods. Silver and other elements were analyzed by ICP-MS using four acid digestion. QA/QC included the insertion and monitoring of standards and blanks within the sample stream as well as the collection of duplicate samples.
Michael G. Allen, Vice President of Exploration for West Kirkland, and a qualified person as defined by NI 43-101, has reviewed and approved the technical information in this news release. He is the non-independent qualified person for the purpose of this news release.
About West Kirkland
West Kirkland 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 northeastern Nevada - two of North America's premier gold jurisdictions. The founders and Board of West Kirkland have successful gold 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.
Contacts:
West Kirkland Mining Inc.
R. Michael Jones
(604) 685-8311
West Kirkland Mining Inc.
Michael Allen
(604) 685-8311
West Kirkland Mining Inc.
Knox Henderson
(604) 685-8311
(604) 484-4710 (FAX)
info@wkmining.com
www.wkmining.com
