> News Release - Tuesday, January 10, 2012
> Atlin, BC - Property Update
> ==================================================
>
> Vancouver, B.C. - January 10, 2012 - Robert L. Card, President of
> Gulfside Minerals Ltd. ("Gulfside" or the "Company"), is pleased to
> report an update for their Northern Treasure and Bryer properties in
> the Atlin Mining Division in British Columbia, Canada. On January 5,
> 2012, Brixton Metals Corporation (TSX-V: BBB) ("Brixton") announced
> assay results from the balance of their 2011 drilling program at its
> Thorn gold-silver-copper project located in northwestern British
> Columbia. A total of 21 holes for 5,682m were drilled during 2011, and
> all analytical results have now been received. Brixton's Thorn property
> is immediately adjacent to the eastern side of Gulfside's Bryer
> property.
>
> Highlights from Brixton's announcement include: Oban Breccia Zone hole
> THN11-60 intersected from surface 95.08m of 904 g/t AgEq (1.71 g/t Au,
> 628.30 g/t Ag, 0.12% Cu, 3.31% Pb and 2.39% Zn). This included 25.56m
> of 1,679 g/t AgEq (2.28 g/t Au, 1,300 g/t Ag, 0.22% Cu, 5.34% Pb and
> 2.51% Zn) and 9.25m of 3,646 g/t AgEq (3.04 g/t Au, 2,984 g/t Ag, 0.53%
> Cu, 11.65% Pb and 3.42% Zn). The Oban Breccia Zone hole THN11-57
> intersected 37.72m of 252 g/t AgEq (2.08 g/t Au, 60.8 g/t Ag, 0.46% Cu,
> 0.25% Pb and 0.55% Zn) including 7.80m of 717 g/t AgEq (6.13 g/t Au,
> 197.0 g/t Ag, 1.38% Cu, 0.49% Pb and 0.38% Zn).
>
> Mr. Gary R. Thompson, Brixton's Chairman & CEO stated, "We are
> extremely pleased to have discovered substantial near surface,
> high-grade mineralization at the largely untested Oban Breccia Zone,
> which is located in the heart of a 6 km mineralized corridor. Hole 60
> significantly increases the potential of the property. This high-grade
> zone remains open at depth and on the eastern strike extensions." Mr.
> Thompson further added, "We believe that the Thorn project, subject to
> further drilling, has the potential to host a high unit value
> polymetallic mineral deposit."
>
> Gulfside congratulates Brixton and their team on these results.
>
> Gulfside plans further exploration work on its Bryer and Northern
> Treasure claim blocks during the coming exploration season.
>
> Alex Burton, PEng, PGeo, a qualified person as defined by National
> Instruments 43-101, has read and approved the technical information in
> this news release.
>
>
>
>
> On Behalf of the Board of Directors,
>
> Gulfside Minerals Ltd.
>
> "Robert L. Card"
>
> Robert L. Card
> President
>
> Investor Contact:
> Robert L. Card
> 604-687-7828
> Gulfsideminerals@shaw.ca
> www.gulfsideminerals.com
Zurück
Werbung
