Drilling Completed at Deep Creek, Nevada

- January 5th, 2012

Drilling at Deep Creek has been completed, as announced by Ashburton Ventures Inc. (TSXV:ABR,FWB:ARB). Thirty-two holes were drilled, for a total of 3,163.6 meters (11,855.5 feet), confirming the presence of a second vein east of the Upper Vein, and the northern extension of the Upper Vein at depth.

Drilling at Deep Creek has been completed, as announced by Ashburton Ventures Inc. (TSXV:ABR,FWB:ARB). Thirty-two holes were drilled, for a total of 3,163.6 meters (11,855.5 feet), confirming the presence of a second vein east of the Upper Vein, and the northern extension of the Upper Vein at depth.

As quoted in the press release:

A major focus of the 2011 drilling program was the Upper Vein area, where outcrop surface grab samples had gold values >1 g/t, and float samples east of the Upper Vein indicated a potential second vein (see news release, January 20th, 2011). One meter of continuous veining and two meters of stockwork veining were exposed during pad preparation at the Upper Vein, providing a clearer picture of the vein such that holes could be positioned to determine its strike length and extent at depth. Of eleven holes drilled in the area, four intersected >1 g/t Au over intervals >1m in length. Hole DC-11-C-10 intersected 1.69 g/t Au at 22.9m, including a 30cm quartz vein with 4.47 g/t Au. Hole DC-11-C-13 intersected 6.94 g/t Au at 99.4m in a siliceous breccia with quartz veining.

Drilling in the Waterfall-Range Front area targeted a broad zone of structural disturbance identified as a potential disseminated gold deposit based on structural analysis (see news release January 18th, 2011). Holes DC-11-C-5 and DC-11-C-6 were drilled from the same collar westward into the Waterfall-Range Front area, and DC-11-C-28 was collared 1400m due north of these holes and drilled eastward into the Range Front structure. Significant intervals of anomalous gold were intersected in DC-11-C-5 with 73.7m of 0.46 g/t Au, DC-11-C-28 with 68.7m of 0.21 g/t Au, and DC-11-C-6 with 47.6m of 0.25 g/t Au.

Drilling of the Hobbit target, located two kilometers south of the Waterfall-Range Front area was also initiated to test argillically-altered outcrops east of a resistivity anomaly that were drill-tested in 1986 by Kennecott Exploration (see news release October 20th, 2011). Thirty-seven meters (120 feet) of drilling were completed before drilling was halted due to technical problems.

Click here to read the Ashburton Ventures Inc. (TSXV:ABR,FWB:ARB) press releaseSee this press release on Marketwire
Click here to see the Ashburton Ventures Inc. (TSXV:ABR,FWB:ARB) profile.

Leave a Reply