Golden Peaks Expands Gold Zones at La Fortuna

 

VANCOUVER, BC - Golden Peaks Resources Ltd. reported on the diamond drilling program currently underway on its 100% owned La Fortuna Gold project located in Chubut, Argentina.

Four holes have been drilled on the T-11 zone. Mineralization comprises pyrite replacement bodies, disseminated and vein controlled pyrite  chalcopyrite, and quartz-carbonate veining with pyrite-chalcopyrite similar to that previously intersected in holes LF-13, LF-98 and LF-105. The deepest hole (167.73 meters) intersected three mineralized zones indicating the mineralization continues from surface and remains open to depth.

The northwest extension of the G zone is being drill tested over a distance of 250 meters To-date, two holes have been drilled. The holes, which are 100 meters apart, intersected disseminated and vein controlled pyrite similar to that previously intersected in the G zone. The G zone is now estimated to be over 900 meters long and drilling is continuing. Assays will be announced once received and evaluated.

The company’s address is 1166 Alberni Street, Vancouver, BC V6E 3Z3, 604-689-4006, www.goldenpeaks.com.