Bison Gold Resources Inc. Central Manitoba Property Update: Drilling intersects 37.61 g/t Au over 2.82 metres in OG-11-13 and 19.86 g/t Au over 4.05 metres in OG-11-14
August 25, 2011 Posted By: admin
TORONTO, ONTARIO - Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) is pleased to provide an update on results from drilling on the Ogama-Rockland trend from the company's Central Manitoba Property. Diamond drilling continues to intersect high grade gold mineralization in the three new gold-bearing structures: HW1,HW2 and HW3 (see press release dated July 8th, 2011). Drill hole OG-11-13 cut 37.61 g/t Au over 2.82 metres through HW1. Drill hole OG-11-14 cut 19.86 g/t Au over 4.05 metres. Additional gold intersections are included in the drilling highlights table below. All reported widths are core widths and not true widths.
"Our diamond drilling program continues to intersect significant gold zones and we now have multiple targets, both near surface and deep, for future exploration", stated Lucas Ewart, President and CEO for Bison Gold. Bison is currently drilling near surface targets (less than 50 metres depth) that were identified from Au-in-soil geochemical anomalies and surface exploration efforts from this past summer. The next set of results is anticipated within the next two to three weeks.
Drill core was sawed, with half sent to TSL Labs in Saskatoon, SK and the other half retained for reference. Most gold analyses were done using 50g fire assay with AA finish. A gravimetric finish is employed where samples return gold values in excess of 3000 ppb. Screen metallics techniques were used on samples with visible gold. TSL maintains a strict quality control program with standards, blanks and duplicates included with every sample series. Standards and blanks are inserted regularly by Bison Gold personnel in to the sample series at their core processing facility.
All exploration activities for Bison Gold are under the supervision and guidance of David C. Benson, P.Geo, and a Qualified Person under NI 43-101. Mr. Benson has reviewed the technical portions of this news release.
About Bison Gold
Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Canada. The flagship property, Central Manitoba, is historically the 2nd largest gold producer in the prolific Rice Lake Greenstone Belt after San Gold Corp.'s Rice Lake Mining Operations. Further details can be found on Bison Gold's website at www.bisongold.com.
Bison Gold Resources Inc.
Mr. Lucas Ewart
We seek safe harbour. This news release contains forward-looking statements regarding the timing and content of upcoming programs and may be subject to regulatory approval. Actual results may differ materially from those currently anticipated in such statements. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Bison undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Visit Bison Gold Resources Inc. Website: www.bisongold.com
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