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Results from seven (7) more holes from the twenty-nine (29) hole, 10,913.93 metre, phase-two diamond drill program at the Lions Gate Metals Inc. (TSXV:LGM) Poplar Copper-Gold-Silver Porphyry Property indicate the presence of an entirely new silver-focused mineralized system just north of the NI 43-101 compliant inferred resource area and highlight impressive copper equivalent values in the East Zone.
Results from seven (7) more holes from the twenty-nine (29) hole, 10,913.93 metre, phase-two diamond drill program at the Lions Gate Metals Inc. (TSXV:LGM) Poplar Copper-Gold-Silver Porphyry Property indicate the presence of an entirely new silver-focused mineralized system just north of the NI 43-101 compliant inferred resource area and highlight impressive copper equivalent values in the East Zone.
Holes 11-PC-112 and 11-PC-113 were stepped out to the west and east of Hole 11-PC-95, which was located some 180 metres north of the main porphyry target area. Hole 11-PC-95 returned 571 metres of 3.11 g/t silver (see Company news dated May 11, 2011). Holes 11-PC-112 and 11-PC-113 were drilled to test airborne anomalies defined by the Aeroquest Helicopter-Borne Electromagnetic and Magnetic Survey, completed in 2009. Hole 11-PC-112 was collared approximately 80 metres east of 11-PC-95 and returned 31.75 metres of 4.96 g/t silver, and Hole 11-PC-113 was collared almost 325 metres to the west of 11-PC-95 and returned 75.15 metres grading 11.71 g/t silver. Both holes are mineralized over their entire lengths and remain open laterally and to depth. “The exact relationship between the three holes in this new Silver Zone, and their relationship to high silver values returned in the East Zone are not understood, but the prospects are certainly exciting to consider,” says Lions Gate CEO and President, Paul Sarjeant. Additional drilling is required.
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