Siver Coin newsJayden Resources Reports 10.0 g/t Gold over 37.5m, Including 39.4 g/t over 7.5 m at Silver Coin
Nov 29, 2010 (TheNewswire.ca via COMTEX News Network) --
(via Thenewswire.ca)
Vancouver, B.C., November 29, 2010; Jayden Resources Inc., ("Jayden" or "the Company") (TSX-V:JDN)
announces that additional results from the 2010 confirmation drilling program continue to encounter gold mineralization exceeding the average grade of the current NI43-101 resource, demonstrating the presence of a significant high grade component to the Silver Coin deposit. Highlights of the new results include:
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|Hole ID |From |To |Intercept|Au |Au |Ag |Ag |Zn |
| |(metres)|(metres)|Length |(g/t)|(oz/t)|(g/t)|(oz/t)|(%) |
| | | |(metres) | | | | | |
|--------------------------------------------------------------------|
|SC10-314B|193.5 |196.5 |3.0 |1.10 |0.032 |3.05 |0.09 |0.30|
|--------------------------------------------------------------------|
|SC10-317 |1.0 |85.5 |84.5 |1.95 |0.057 |8.20 |0.24 |0.40|
|--------------------------------------------------------------------|
|including|1.0 |15.0 |14.0 |5.89 |0.172 |22.26|0.65 |1.30|
|--------------------------------------------------------------------|
|including|3.0 |6.0 |3.0 |14.49|0.423 |45.40|1.33 |3.45|
|--------------------------------------------------------------------|
|SC10-318 |129.5 |135.5 |6.0 |1.59 |0.046 |3.48 |0.10 |0.02|
|--------------------------------------------------------------------|
|SC10-319 |110.0 |157.9 |47.9 |7.99 |0.233 |8.20 |0.24 |0.11|
|--------------------------------------------------------------------|
|including|116.0 |153.5 |37.5 |10.00|0.292 |9.71 |0.28 |0.12|
|--------------------------------------------------------------------|
|including|144.5 |152.0 |7.5 |39.41|1.15 |30.94|0.90 |0.21|
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Reportable intercepts defined as greater than 3.0m @ 0.30 g/t Au. Highlights limited to intervals exceeding 1.0 g/t Au. Hole SC10-314 was lost above the area of interest and re-drilled as hole SC10-314B. Hole SC10-323 had no reportable intercepts.
These new results are a part of the infill program from the 2010 drilling program, which was intended to provide confirmation of grade and continuity for ongoing resource studies and to begin developing an understanding of the distribution and geometry of the high grade zones. For a drill hole location map and a complete tabulation of the 2010 drill results, please click:
https://www.jaydenresources.com/silver-coin/silver-coin-project-drilling-2010.html
The 2010 drilling program consisted of 18 holes totalling approximately 2800 metres. To date, assays for 11 holes have been released and the Company expects to release results of the remaining 7 holes in the near future. The remaining holes are mostly step-out drill holes exploring for mineralization to the north of the current resource area.
"We are very encouraged by the positive results we continue to receive from our 2010 program, and are moving quickly into the planning stages for a significant 2011 development drilling program" comments CEO, David Eaton.
About Jayden Resources
Jayden Resources is a Canadian exploration company with a 43-101 compliant resource-stage project, the Silver Coin gold/silver deposit in the Stewart Camp, Northern BC that includes the historic Silbak-Premier Mine and Barrick Gold's famed Eskay Creek Mine. Excellent exploration potential remains to the north, north-west and south of the existing resource at Silver Coin.