Tuesday, April 20, 2010 8:31:05 AM
Bonanza Goldfields soil samples confirms phase 1 a tremendous success
PR Newswire
PHOENIX, AZ, April 20
PHOENIX, AZ, April 20 /PRNewswire-FirstCall/ - Bonanza Goldfields Corp (BONZ:OTCBB) is pleased to announce its results from soil samples were received from ALS CHEMEX laboratory in Vancouver, Canada. These results are from our phase 1 trenching on our two unpatented placer claims (320 acres) located in the Vulture Mining District, Maricopa County Arizona on the northeastern flank of the Belmont Mountains.
On trench "A" the last 121 feet were in anomalous gold ranging from 111 ppb to 177 ppb. The last 71 feet had anomalous lead 1720 ppm, copper 2880 ppm.
In trench "C" the last 81 feet were anomalous gold ranging from 141 ppb to 10.25 ppm (almost a third of an ounce). The last 31 feet carried the 10.25 ppm gold, 2880 ppm lead and 1800 ppm copper.
The results from the soil sampling correspond with the rock sample trench results indicating that the best values were found in the southern portion of the trenches, 100 to 150 feet of Trench "A" and approximately 75 feet of Trench "C" were anomalous-to-ore grade material mineralization.
Chris Tomkinson states "these results back up the rock samples that already showed excellent results. The most significant areas in Trenches A and C to the south. We must now strategize our next phase whether we trench more areas or move right into drilling of holes to find depths on the deposit. Trench C has some amazing results showing almost a third of an ounce."
Steve Karolyi comments "One interesting point I observed was copper was 20-30 times higher in soil samples then rocks on the higher copper samples. I strongly believe that the mineralization gets stronger to the south. However this theory can only be proven by drilling under the highly pyritic rhyolite.
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