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Detour Gold Corp DRGDF



GREY:DRGDF - Post by User

Bullboard Posts
Post by stockhunter007on Apr 21, 2010 11:28am
543 Views
Post# 17015004

Neighbor Explores

Neighbor Explores

Atocha to start Atkinson (Detour Lake) drilling

2010-04-12 08:19 ET - News Release

Mr. A. Salman Jamal reports

ATOCHA BEGINS ATKINSON (DETOUR LAKE) DRILL PROGRAM

Atocha Resources Inc. will begin the 2010 drill program on the Atkinson (Detour Lake) project, to

be carried out by Bradley Brothers Ltd., the week of April 12. A 10-man camp is being set up at

Hopper Lake, a distance of about 10 kilometres from the drill sites with contract helicopter

transportation to be carried out by Guardian Helicopters. The program will consist of

approximately 1,200 metres (4,000 feet) of diamond drilling.

The Lipton (Atkinson) claims are being explored for Archean gold and volcanogenic base metal

(copper, zinc) deposits. Gold deposits in this area (Detour Lake mine and Casa Beradi) are

associated with, or are in part hosted by, sulphide-bearing chemical sedimentary units along

major deformation zones which can be traced by electromagnetic, magnetic and IP (induced

polarization) geophysical surveys. Exploration on the property is in an early stage where

mineralization has been located but the limits of the mineralization have not been defined. Drilling
by previous companies is at a wide spacing in the area of mineralization and several targets

based on electromagnetic and magnetic surveys, and structural analysis, remain to be tested.

"We believe that with additional drilling Atocha will be able to define the limits of this

mineralization and focus on areas where relatively high-grade targets have been previously

intersected," states Jo Shearer, MSc, PGeo, vice-president exploration for Atocha.

The Atkinson project area is located approximately 150 kilometres northeast of Cochrane, Ont.,

near the Ontario/Quebec border, and is approximately 15 kilometres to the south of the past-

producing Detour Lake mine. The property is accessible via Highway 652 and the Detour mine

access road to the mine site and southeasterly from the mine site by means of a winter road. The

property is also accessible by helicopter with many skilled operators in the area. The project

consists of the Lipton claims, where numerous geophysical targets were tested by drilling in

1996, resulting in the discovery of significant gold mineralization of 10.7 grams per tonne over a

core length of 9.0 metres
. Last drilled in 2006, including higher grade drill results of 13 m of 7.5

g/t and
7.7 m of 14.2 g/t gold, were encountered (NI 43-101 report by Paul R.J. Nicholls,

February, 2008). Mr. Shearer is the qualified person as defined by NI 43-101 who supervised the

preparation of the technical material of this news release. Atocha is pleased to report the

launching of its new corporate website.

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