Phase 1 Program At Divide And Castile Mountain Projects


CALGARY - Crestview Exploration Inc. reported results of their Phase 1 surface exploration program at the Divide and Castile Mountain gold properties located in Elko County, Nevada. The Divide Project area is located approximately 2 km East of the company's Rock Creek Project in the Tuscarora Mountains. The Castile Mountain Project is located approximately 6 km to the Southwest of the historic Tuscarora mining town, on the eastern flank of the Tuscarora Mountains. All three of these projects (Rock Creek, Divide, and Castile Mountain) share the same gravel access road. These three gold projects are situated in a region with proven "world class" gold deposits (including Midas, Jerritt Canyon, and Gold Quarry), where the potential of finding large, high-grade gold deposits is favorable. All three properties have generated exciting gold and silver results from initial surface sampling programs.

At the Divide property, the company has confirmed gold and silver mineralization along a NNE-SSW structural trend with silicification, clay alteration, and iron oxide. Sampling was focused on this trend and included samples from outcrops, subcrops, dumps, and historic workings. Of the thirty samples collected, ten samples yielded values over 0.1 g/t Au with four of those samples containing more than 1 g/t Au (7.67 g/t; 5.04 g/t; 3.29 g/t; and 2.14 g/t Au). Additionally, eleven of the thirty samples yielded silver values greater than 25 g/t with six of those samples containing more than 100 g/t (970 g/t; 409 g/t; 312 g/t; 287 g/t; 196 g/t; and 187 g/t Ag).

Samples were collected using a rock hammer to collect representative rock chip samples weighing 1.5-2.5 kilos from each outcrop. Each sample was placed into a 25×40 cm tight weave fabric type sample bag and locked in the truck until delivered directly to ALS Global Lab in Elko, Nevada. The samples were prepared using ALS Global's prep 31 which consists of crushing to 70% less than 2mm, riffle split off 250g, pulverize the split to better than 85% passing 75 microns. Then samples were analyzed for gold by ALS using their Au-ICP 21 (Au 30g FA ICP AES Finish) and Au-GRA21 (Au 30g FA-GRAV finish) for samples greater than 5 g/t. Multi-element analysis for 35 elements was also done using ME-ICP41 (0.5-gram sample, 35 elements, with an Aqua Regia digestion and analysis by ICP-MS instrument).