Adventure Gold Plans New Drilling and Starts a Gold Resource Estimate Study on Pascalis-Colombiere Property, East of Val D’Or Mining Camp

Adventure Gold Inc. (TSX VENTURE:AGE) provided an update on exploration drilling, to announce the start of a 3D geological modelling and a 43-101 resource estimate study on the Pascalis-Colombière property.

The press release is quoted as saying:

The Property, located 35 km ENE of Val d’Or in the Abitibi region of Quebec, is 100%-owned by the Company. The Property is adjacent to the producing Beaufor Gold Mine (1,000,000 ounces of gold produced; Richmont Mines, 2010) and encompasses the former producer Lucien C. Beliveau Mine where 167,000 ounces of gold were produced by Cambior between 1989 and 1993 (see figure 1 showing location and simplified geology on Adventure Gold website). The geological setting of the Property appears very favourable for the identification of new high-grade gold¬bearing veins and structures or bulk-style ore shoots.

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