I told you...Fasten your seat belts !!!!!Dumont commences drilling of Carlin style gold target at Rattler Project, Utah
(DNI: TSX-Ven, DG7: Frankfurt)
TORONTO, May 23 /CNW/ - Dumont Nickel Inc. (DNI:TSX-Ven, DG7:FSE) is
pleased to announce that drilling has commenced at its Rattler Project, Utah,
to test the Carlin style disseminated sediment hosted gold target (see also
press January 29, 2007).
This target comprises a series of surface gold anomalies in calcareous
siltstone. The current drill program is the first such program to test the
area, and will consist of three to five reverse circulation holes with an
aggregate footage of 1,500 feet, with the principal objective of testing for
vertical continuity of gold sampled on surface over a 300mx500m area.
The 3.5 square mile Rattler Project Area hosts a 3km long and 1km wide
corridor of gold anomalies with upward to 0.48ppm gold in soil samples. The
anomalies were discovered during reconnaissance surface soil sampling and are
reinforced by underlying outcrops of equally anomalous gold bearing calcareous
siltstone, gold bearing siliceous material and related jasperoids, in a
complexly faulted geological setting.
The eastern half of the anomalous gold corridor overlies calcareous
siltstone occupying two elongate domains, measuring 1.5kmx0.5km each, trending
southeasterly across the Project Area. The association of gold bearing
jasperoids, abundant silicification and calcareous siltstone is significant,
suggesting good potential for the Area to host Carlin style sediment hosted
disseminated gold mineralization. This is the first such geological setting
discovered in the Clifton-GoldHill District.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Dumont is a mineral exploration company with operations in Ontario, Utah
and Nevada. Dumont is Operator of the Utah Joint Venture which controls
approximately 18 square miles of mineral properties across the historic
Clifton-Gold Hill gold-silver-copper Mining District. Dumont holds one of the
most prospective land positions in the Attawapiskat diamond area in the James
Bay Lowlands, Ontario, with a carried interest in the Dumont Joint Venture
exploring the area through Metalex Ventures Limited and others under the
direction of Mr.Charles Fipke. All of Dumont's properties are being actively
explored either directly by Dumont or via joint venture.
DNI - TSX Venture
DG7 - Frankfurt
Issued: 96,198,010