Asia Gold Intersects 70 Metres Grading 0.67% Copper and 0.16 g/t Gold at Khongor, Mongolia
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 9, 2006) - Asia Gold Corp. (TSX VENTURE:ASG) is pleased to announce highly encouraging results from the initial drilling program to test the recently discovered Khongor porphyry copper-gold prospect. The program consisted of five HQ-size diamond drill holes totaling 935 metres and was completed in December, 2005. Khongor is in the Gobi region of southern Mongolia, approximately 350 kilometres west of Ivanhoe Mines' giant Oyu Tolgoi porphyry copper-gold deposit. (see News Release dated October 18, 2005).
Khongor North
Drill holes KPDH-3 to KPDH-5 were drilled beneath the Central Creek quartz stockwork located in Khongor North. KPDH-3 intersected strong zones of stockwork style copper sulphide mineralization from surface to a down-hole depth of 70.3 metres grading 0.67% copper and 0.16 grams per tonne (g/t) gold. This zone includes a higher-grade interval of 21.9 metres (9.1 metres to 31.0 metres) averaging 1.77% copper and 0.45 g/t gold. KPDH-3 was drilled at an angle of -45 degrees.
Drill hole KPDH-4 was drilled at an angle of -80 degrees from the same location as KPDH-3. KPDH-4 intersected 91.7 metres of lower-grade quartz stockwork copper mineralization grading 0.3% copper and 0.03 g/t gold. Drill hole KPDH-5 was drilled at an angle of -45 degrees approximately 60 metres southeast of KPDH-4. Weak copper mineralization occurring throughout the 110.5-metre length of the hole grades 0.15% copper and 0.03 g/t gold.
Khongor South
Drill holes KPDH-1 and 2 were located at Khongor South, approximately 600 metres southeast of holes KPDH-3, 4 and 5. KPDH-1 and 2 were drilled below a 54.0-metre surface rock-chip sample line in East Creek, which had an average grade of 0.72% copper and 0.13 g/t gold. (see News Release dated October 31, 2005). The East Creek drill holes intersected weak copper mineralization associated with crowded feldspar porphyry intrusions.