This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Ansell Capital to begin fieldwork at Guijoso 2009-06-15 11:24 ET - News Release Mr. Jevin Werbes reports
ANSELL CAPITAL CORP TO BEGIN FIELD WORK
ON GUIJOSO GOLD AND SILVER PROJECT, MEXICO
A field program on Ansell Capital Corp.'s Guijoso project in Mexico will commence within the next 30 days. Planned work includes detailed and reconnaissance mapping, and rock and soil geochemical sampling, with the objective to more completely delineate and develop specific drill targets within a large epithermal system hosting silver/gold mineralization.
Ansell has an option, from Fury Explorations Ltd., to earn a 70-per-cent interest in the 5,080-hectare Guijoso project, located approximately five kilometres south of San Felipe de Hijar in western Jalisco state.
Intermittent, small-scale exploitation of veins occurred between 1640 and 1921 in the San Sebastian mining district, where the Guijoso project is located. The Geological Survey of Mexico (SGM) began regional investigations of the San Sebastian del Oeste Mining district, including the San Felipe de Hijar area in 1979. In 2004, Capstone Mining Corp. completed a mapping program an orientation, stream-sediment sampling program; and surface, rock sampling on the Guijoso project. Fury commenced a sampling and mapping program in January, 2007, focusing the area Guijoso target, where three principal quartz veins (up to 1.5 metres in width, accruing two kilometres in strike) were intermittently exposed. Results of vein sampling returned encouraging silver-gold mineralization with maximum values to 712 grams per tonne Ag (silver) and 4.7 g/t Au (gold). Targeting the upper-level veins (crystalline quartz, cockscomb, banding, vuggy, recrystallized, quartz-after-calcite textures, multiepisodic brecciation, and stockwork veining. These textures suggest that the top of the epithermal system is intact, and the most prospective zone for silver/gold mineralization is believed to lie at depth beneath the area tested by Fury drilling.
Robert A. Lunceford, MSc, CPG, a consulting geologist to Ansell, is the qualified person responsible for the technical information contained in this release. The remainder is available to Stockwatch subscribers. If you would like to give the Stockwatch system a try,
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