Conquest Exploration Update on 2010 Drilling at Red Lake Alexander Property

Conquest Resources Limited (TSXV:CQR) updates on its 100% owned Alexander Property in Red Lake, Ontario.

The press release is quoted as saying:

Gold mineralization was intersected at multiple vertical levels in hole CR-10-040-W1. An elevated value of 0.58 grams per tonne over 1.07 metres was intersected within a narrow quartz veined, sheared contact at a vertical depth of approximately 1,950 metres. Similar late quartz veins located at 1,810 metres vertical depth also yielded 1.59 grams per tonne over 0.50 metres. Gold values were also intersected within intermediate intrusives, notably 4.01 grams per tonne gold over 0.50 metres and 1.32 grams per tonne gold over 1.25 metres from approximately 700 metres vertical depth. Two, 3-metre wide zones of shearing were also intersected below a strongly altered intermediate dyke swarm between 1,970 and 2,010 metres vertical depth which contain encouraging pervasive carbonate alteration. The significance of the gold mineralization within the intrusives has yet to be determined.

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