Drilling Completed On The Evans Mine Portion Of Dixie Flats Project

VANCOUVER, BC - Staccato Gold Resources Ltd. has completed a three-hole, 4,500 foot core drill program on the Evans Mine portion of its Dixie Flats project in Nevada. The Evans claims are immediately adjacent to Newmont's Emigrant Springs deposit, now under development. Newmont's mine plan contemplates the proposed pit coming right to the Evans property boundary.
Surface mapping of the Evans Mine claim block had revealed several faults and fracture zones marked by breccia, alteration, and calcite-barite veins. Samples from these zones carried geochemically anomalous gold, arsenic, and antimony. These fracture zones are parallel to and may be related to the zone that controls mineralization at the Rain Mine and Emigrant Springs. A highly altered dike, similar to those found in many of the Carlin Trend deposits, was revealed during construction of the drill access roads.
The drill holes on the Evans Mine property were designed to penetrate the potentially favorable horizons in the Nevada Group near altered structures. One of the primary targets was the Oxyoke Canyon Sandstone, a coarse, dolomitic sandstone which hosts mineralization in the Gold Bar district and has also been targeted as a petroleum reservoir in central Nevada.
Two holes were collared in the Upper Dolomite Member of the Nevada Group and the third started in the overlying Devils Gate Limestone. All three drill holes penetrated the target Oxyoke Canyon Sandstone and also tested favorable sandy beds in the upper part of the underlying Beacon Peak Dolomite.
Decalcification, iron oxide staining, and some argillic alteration were observed associated with faults, breccia zones, and dikes in all three holes. Two holes (ES-1 and ES-2) encountered highly altered igneous dykes. In all of the holes, the target Oxyoke Canyon Sandstone showed significant jasperoid type alteration. Jasperoid is often associated with Carlin type mineralization but is only occasionally ore-bearing itself.
The company's address is Suite 2060, 777 Hornby Street, Vancouver, BC V6Z 1T7, 604.682.8789, fax: 604.688.9727, email: [email protected].