Mr. Graham Harris reports
REDHILL RESOURCES CORP.: EXPLORATION UPDATE ON ASPEN PROPERTIES IN BLACKWATER GOLD CAMP
Redhill Resources Corp. is providing an update on exploration progress completed on its Aspen properties, located approximately 80 kilometres south-southwest of Vanderhoof, B.C., in the Blackwater area of the Nechako Plateau region.
The Aspen properties cover 35,600 hectares in two separate blocks. Aspen West is strategically located west of the Chu molybdenum deposit (TTM Resources Inc.) and adjoins New Gold Inc.'s Blackwater property to the northeast of the Blackwater gold-silver deposit. Aspen East is located east of TTM Resources' Chu deposit and 30 kilometres east-northeast of Blackwater.
The 2013 drilling program tested some of the induced-polarization anomalies detected in 2012 as well as a few historical IP anomalies detected (but not drilled) by Rio Tinto in 1969. During the program a total of 13 holes were drilled, totalling 1,785 metres. Significant results from this program are tabulated.
Cu Ag Au As
Interval (wgt. (wgt. (wgt. (wgt.
Interval length avg.) avg.) avg.) avg.)
DDH (m) (m) ppm ppm (g/t) ppb ppm
A13-04 50.9 - 69.19 18 838 3 59 66
A13-06 26.42 - 32.46 6 2645 42 997 462
A13-08 79.85 - 81.99 2 12 1 1524 131
A13-13 56.08 - 185 129 66 1 34 1016
Since the drilling of these IP anomalies failed to return any significant intersections of mineralization, no further drilling is planned in this area.
Field crews have returned to the northern portion of the Aspen property to complete a prospecting and sampling program aimed at finding the source of gold-bearing boulders reported on the property in previous exploration programs. This program, planned to run for three to four weeks in duration, will follow up on surface samples ranging from background anomalous gold values as high as 3.7 grams per tonne. Any significant results will be followed up with a program of trenching and diamond drilling if appropriate.
This news release has been reviewed by Brent Butler, director, a qualified person as that term is defined in National Instrument 43-101.
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