Carlin Begins Cortez Summit Drilling

 

VANCOUVER, BC - Carlin Gold Corporation has initiated drilling on its 100% owned Cortez Summit property, Eureka County, Nevada. The initial phase of drilling has about 10 reverse-circulation drill holes planned with an estimated 15,000 feet. The results of this initial phase of drilling will be used to guide the next phase of follow up drilling. The Horse Canyon and Wenban Formations are targeted for this drilling by the Company. Drill pad construction has exposed additional altered Horse Canyon Formation rocks on the west side of the property. K. Wayne Livingstone, Carlin's President and CEO, comments: "We are excited to begin drilling at our Cortez Summit property. Our strategic location in the Cortez Trend adjacent to Barrick's new Carlin-type gold discoveries represents a rare exploration opportunity. Carlin has the funds for a multi-phase drill program to follow up on good results." Carlin owns 100% of three properties in northern Nevada described below, all of which represent Carlin-type gold targets. The Company's Cortez Summit property consists of 142 claims located on the Cortez Trend in Nevada. The Cortez Trend contains a major gold endowment that exceeds 40 million ounces total gold produced, reserves and resources.  The Devonian-age Horse Canyon and Wenban Formations are thought to potentially underlie the property at shallow to moderate depths. Portions of these two units host much of the gold resources in the district, including at Cortez Hills and Red Hill-Goldrush. Sampling along a prominent north-northwest trending structural zone on the west side of Cortez Summit has yielded gold values of 447 and 263 ppb in hydrothermally altered Horse Canyon rocks. This is part of an attractive untested structural and stratigraphic target in the southwest part of the property that will be the focus of the Company's initial drilling program. Much of this target is blind, being covered by post-mineral gravel and basaltic andesite. The Company conducted a gravity survey to obtain information from the target terrain underneath the cover. The survey was successful in defining potentially favorable structures, which represent drill targets. A permit application for 24 drill sites on Cortez Summit has been approved by the U.S. Bureau of Land Management.  The company's address is 320-800 West Pender Street, Vancouver, BC V6C 2V6, (604) 638-1402, fax: (604) 608-3878.