Contract Signed For Alexander Drilling

 

TORONTO - Conquest Resources Limited reported that it has selected a contractor for the first phase of a two-phase drilling programme to be carried out at its Alexander Gold Project in Red Lake, Ontario.

In late 2008, Goldcorp Inc. drilled four deep holes from its adjacent Red

Lake mine property onto Conquest's 100%-owned Alexander property resulting in

the deepest gold mineralization intersection on Conquest's property at

vertical depth of 300 metres returning 14.26 grams per tonne gold over 0.61

metres.

Conquest's upcoming drill programme is designed to test specific targets,

to vertical depths of approximately 500 metres, along a strike length of about

1,800 metres extending from the boundary with Goldcorp's property towards the

central portion of the Alexander property.

Gold mineralization potential in this area is open at depth across the

length of the Alexander property where Conquest has identified two types of

gold mineralization characterized by replacement massive sulphides and

quartz-carbonate veining within volcanic and sedimentary lithologies.

The company’s address is 220 Bay Street, Suite 700, Toronto, ON M5J 2W4, (647) 728-4126, fax: (416) 368-5344.