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Conquest Reports Surface Gold Mineralization on Its Smith Lake Ontario Property -
TORONTO, ONTARIO--(Marketwire - Nov. 17, 2011) -
Conquest Resources Limited
(TSX VENTURE:CQR) is pleased to report encouraging assay
results from surface channel samples obtained during its recent
mapping and sampling trench excavation carried out at its 100%
owned Smith Lake Gold Project where 50% of the samples
collected returned significant gold values ranging
from 1 to 14.7 grams per tonne gold.
The Smith Lake Property
is located adjacent to the former Renabie Gold Mine
in northern Ontario where Conquest has uncovered a mineralized
zone of significant width comprised of folded quartz veining
over six metres in true thickness where gold mineralization
appears consistently elevated.
An outcrop was excavated in conjunction with recently reported
preliminary diamond drilling at the site of a quartz vein
prospect where a total of 54 samples were cut from the trench
exposure and sent for gold assay.
Twenty-one channel samples and six grab samples assayed greater
than 1.0 gram of Gold per tonne (gpt Au) including:
14.7 gpt Au over 0.69 metres (m)
10.6 gpt Au over 1.06 m
adjacent to
6.45 gpt Au over 1.06 m
and
7.17 gpt Au over 1.05 m
7.41 gpt Au over 0.49 m
4.57 gpt Au over 1.07 m
http://tmx.quotemedia.com/article.php?newsid=46215246&qm_symbol=CQR
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