GOE hits gold!
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Golden Odyssey drills 11 m of 14.36 g/t Au at Deer Horn
2009-11-19 10:42 ET - News Release
Mr. Tyrone Docherty reports
FALL DRILLING CAMPAIGN AT DEER HORN HIGH-GRADE GOLD-SILVER PROPERTY NOW COMPLETE
Golden Odyssey Mining Inc. has completed a 35-hole, 1,700-metre diamond drilling campaign at its recently optioned Deer Horn property located in west-central British Columbia.
The diamond drilling program, which wrapped up on Nov. 4, successfully achieved two goals. The first achievement was the twinning of several important drill holes (hole 90-57 which intersected 11.2 metres averaging 14.36 grams per tonne gold and 781.5 g/t silver, including a three-metre interval that graded 37.73 g/t Au and 2,065 g/t Ag) in order to validate historical results. The second achievement was the systematic evaluation of a 150-metre segment of the Main vein west of the Deer Horn adit via closely spaced definition drilling. The latter area is being considered as a target for a bulk sampling program in 2010.
A total of 27 drill holes intersected Main vein mineralization. Six drill holes intersected Contact zone mineralization and two holes targeted a north-trending vein exposed at the Deer Horn portal.
A total of 660 core samples were collected and delivered to IPL Inspectorate Laboratories in Richmond, B.C., for geochemical analysis and assaying. Industry standard QA/QC practices for inserting geochemical blanks and standards, and sample duplicates into the sample stream were utilized during sampling of the core. Additional work completed during the exploration program included:
Rehabilitation of an eight-kilometre access road that connects the centre of the property to a barge landing on the southwest end of Whitesail Lake;
Construction of a temporary camp in the alpine near the Deer Horn adit;
A property-wide LiDAR survey that will provide critical and accurate location information in support of future planning and development;
Fifteen line-kilometres of detailed magnetometer and three-dimensional induced polarization surveying over the core area of interest;
Collection of an additional 20 surface channel samples of exposed vein mineralization within the proposed bulk sample area;
Collection of initial baseline assessment data.
A bulk sample permit application will be prepared and submitted to the Ministry of Energy Mines and Petroleum Resources, Smithers office, as soon as possible.
Bob Lane, PGeo, is the qualified person who supervised the diamond drilling program and is responsible for the preparation of the contents of this news release under National Instrument 43-101.
We seek Safe Harbor.
