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 7.17 gpt Au over 1.05 m 7.41 gpt Au over 0.49 m 4.57 gpt Au over 1.07 m
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