Nevada Pacific Gold to Initiate 25,000 Feet of Drilling
on Keystone, Amador Canyon and Limousine Butte
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Apr 1, 2004) - Nevada
Pacific Gold Ltd. (TSX Venture Exchange - Symbol NPG) is pleased
to announce that the Company is finalizing a 20,000 foot reverse
circulation drilling contract with Layne Christensen Company and
negotiating a 5,000 foot core drilling contract with Boart
Longyear Company. Extensive drill programs are scheduled to begin
in mid-April on three of the company's Nevada properties; the
Amador Canyon, Keystone and Limousine Butte projects. The total
budget is estimated to be US$500,000.
Permits for the Amador Canyon drill program are expected to be
granted during the first week of April at which time construction
of the drill roads and drill sites will begin. Drilling is
expected to commence by mid-April. The property has never been
drill tested so this initial program will consist of 10,000 feet
of reverse circulation drilling designed to test disseminated
sulphide silver mineralization targeted by surface mapping,
geochemistry and data collected from a recently completed
geophysical survey.
The remaining 10,000 feet of reverse circulation drilling will be
divided between the Company's Limousine Butte and Keystone
properties. In addition to the reverse circulation contract, a
core drilling program of five thousand feet is also planned for
these two projects. Three thousand feet of core drilling will
test the massive sulfide target area at Keystone with the
remaining two thousand feet testing the high-grade structure and
resource area at Limousine Butte.
Drilling on all three projects is anticipated to continue until
approximately mid-July. Details and results of the programs will
be discussed as data is received.
Curt Everson, P.Geol., M.Sc. is a Qualified Person as defined by
National Instrument 43-101 and is responsible for program design
and quality control of exploration undertaken by the Company.
Nevada Pacific Gold Ltd. was founded in March 1997. The Company
owns the operating Magistral Gold Mine in Mexico and an
exploration property portfolio covering approximately 60 square
miles of mineral rights including portions of two significant
gold producing belts in the State of Nevada. The Company's BMX
project is optioned to Placer Dome. A description of these
projects, including maps and photographs can be viewed on the
Company's website at: www.nevadapacificgold.com.
ON BEHALF OF NEVADA PACIFIC GOLD LTD.
Richard J. Barclay, CEO and Director
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FOR FURTHER INFORMATION PLEASE CONTACT:
Nevada Pacific Gold Ltd.
David Hottman
(604) 646-0188
(604) 646-0189 (FAX)
Website: www.nevadapacificgold.com
