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| April 22, 2013 WestKam Gold Announces 2013 Exploration Program for Bonaparte | |
WestKam Gold Corp. (TSX.V -- WKG) ("WestKam" or the "Company") has announced details of its proposed 2013 exploration program on the company's Bonaparte Gold Project near Kamloops, British Columbia. The program is based on past exploration results and geological studies that demonstrate the potential for two distinct deposit types:
High-grade Gold in the Discovery Zone High-grade gold mineralization on the Bonaparte Property has been explored by soil geochemical sampling, trenching, diamond drilling, and bulk sampling. Mineralization at the Discovery Zone consists of shear hosted, gold-chalcopyrite quartz vein networks. Facets of the 2013 Exploration Program are designed to test the expansion and extension of these zones through geological, geophysical, geochemical and diamond drilling programs. Anomalous Gold Trend Extending for 2 Kilometers East of the Discovery Zone, along Cooler Creek, historical soil sampling identified a 2-kilometer long anomalous gold geochemical trend. Prospecting and sampling in this area encountered angular quartz vein float grading up to 74 grams/tonne gold. No follow-up work has been carried out along this trend. The 2013 Program will deploy geological, geochemical and geophysical studies to be followed up by diamond drilling if results warrant. Porphyry Copper-Gold Potential Identified by BCGS The British Columbia Geological Survey recently published a paper entitled "Bonaparte gold: another 195Ma porphyry Au-Cu deposit in Southern British Columbia?". The paper illustrates how the Bonaparte Intrusions align with a north-west trending belt of Early Jurassic porphyry deposits in the Takomkane-Wildhorse Magmatic belt (TWM belt). The metal and alteration assemblages at Bonaparte are shared by porphyries within the TWM belt such as the Brenda Cu-Mo and the Woodjam Au, Cu-Mo deposits. As well, drilling at Bonaparte in 1986 reported the presence of polylithic breccias indicative of high-level porphyry processes. Therefore the 2013 Exploration Program is also designed to advance and test the porphyry deposit potential of the property. Geological and geophysical programs will be deployed to define porphyry targets, followed up by diamond drilling. The scope of the program is contingent on future financing. About WestKam Gold Corp. WestKam Gold Corp. is a Canadian gold exploration company focused on developing the Bonaparte Gold Project near Kamloops, British Columbia. Additional information can be found on the company's website at www.westkamgold.com ON BEHALF OF THE BOARD OF DIRECTORS "Matt Wayrynen" Matt Wayrynen President WestKam Gold Corp. Suite 900, 570 Granville Street Vancouver, BC V6C 3P1 www.westkamgold.com Contact: John Ulmer, Investor Relations 778.994.6453 Forward looking statements: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This release contains statements that are forward looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward looking statements. | |
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