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Voyager Resources to acquire 80% of the Tsagaan Chuluut Gold Project in Mongolia February 8, 2010

Posted by Fortbridge in Mining.
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Voyager Resources (ASX: VOR) can acquire an 80% interest in the Tsagaan Chuluut Gold Project in Mongolia and has now commenced due diligence.

Highlights:

  • Mineralisation at Tsagaan Chuluut includes gold rich epithermal and porphyry copper gold.
  • Previously completed trenching intersected broad zones of gold mineralisation, including:
    • 47m at 0.71 g/t gold and 36m at 0.84 g/t gold (T-97-2)
    • 13m at 1.34 g/t gold and 15m at 1.30 g/t gold (T-97-4)
  • Fifteen Reverse Circulation drill holes and one diamond core drill hole (TC1D001) have been previously completed. Drilling intersected broad zones of porphyry gold mineralisation from surface, including:
    • 124 metres at 0.41 g/t gold from surface (TCRC002)
      • Including 36 metres at 0.8 g/t Au from 88 metres and 12 metres at 1.52 g/t gold from 112 meters
    • 198 metres at 0.44 g/t gold from surface (TCRC006)
      • Including 142 metres at 0.55 g/t gold from 56 metres
    • 138 metres at 0.38 g/t gold from surface(TCRC007)
      • Including 50 metres at 0.83 g/t gold from 88 metres
    • 150 metres at 0.55 g/t gold from surface(TCRC015)
      • Including 100 metres at 0.78 g/t gold from 48 metres

Click here to view the full announcement.

For further information, please contact:

Kell Nielsen
Chief Executive Officer
Tel: +61 8 9200 6264
E-mail: info@voyagerresources.net

Media:
Fortbridge
Bill Kemmery
E-mail: bill.kemmery@fortbridge.com
Tel: +61 2 9331 0655
Mob: +61 400 122 449

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