January 7, 2010
ARMSTRONG, BRITISH COLUMBIA - GWR Resources Inc. (TSX Venture: GWQ) is pleased to report additional assay results from the final two diamond drill holes completed in 2009, designed to test the interpreted eastern boundary and northern extension of the gold-rich Aurizon Central Zone (ACZ). The collar locations of these vertical holes (AZ09-102 and AZ09-103) are indicated on drill plans posted on the Company’s website at www.gwrresources.com
. Results confirm previous structural interpretations, key to improved understanding of the distribution of mineralization in this gold-rich zone and thus to development of improved vectoring.Hole AZ09-102
was positioned along the north-eastern corner of the Aurizon Central Zone to confirm the eastern boundary as projected from holes drilled in 2008. Earlier interpretation suggested the hole would effectively define the eastern limit of the Zone, but the intensity of alteration (chlorite, hematite, calcite veining) and fracturing encountered throughout the hole and especially towards the bottom (368 meters below collar) indicates extension to the east is possible at depth. Low copper values with weak gold enrichment (> 0.1 gpt Au) were intersected at the top (0.1 gpt Au over 26m with 0.33 gpt Au over 3 m from 23-26 m) and further down-hole from 80-107 m. Spotty native copper was noted near the top. Hydrothermal breccia was not observed, but zones with increased alteration occurring towards the bottom have returned elevated gold and copper values (0.16 gpt Au over 33 m from 275 to 308 m). These results prompted additional sampling to the bottom of the hole, which has extended the low-grade gold zone an additional 33 m down-hole resulting in 66 m at 0.16 gpt from 275 to 341 m. This includes a narrow higher-grade zone (0.32 gpt Au over 9 m from 308 - 317 m).Hole AZ09-103
was drilled on the north side of an east-west oriented (110 degrees) fault lying north of the core of the ACZ. The goal was to extend known mineralization towards the north and to determine possible offset direction/distance across the fault. The hole intersected mineralized orange polylithic tuff with traces of native copper, a 75 m (down-hole) wide zone of variably mineralized hydrothermal breccia (refer to table of assays, below), then unmineralized grey monzonite. One faulted interval contains 7.49 gpt Au over 2 m. The apparent displacement of hydrothermal breccia and mineralized zones between drill sections located at 8120N and 8160N is approximately 100 m. This has confirmed our previous interpretation whereby east-west faults appear to down-drop the mineralization to the north, providing continued encouragement that additional mineralization lies untested in that direction. A westerly component of movement is also apparent. This area will be a focus for additional drilling in our 2010 exploration Program.
|Hole||NAD 83 Zone 10||Direction||Dip||EOH|
| ||Cu (%)||Au (gpt)||Length|
Low but anomalous Cu and Au grades along eastern edge of Aurizon Central Zone, with increasing grades and alteration towards bottom.
| || || || || || || ||0.06||0.16||66||275||341|
| || ||including||0.23||0.97||2.4||4.6||7.0|
| || ||0.14||0.88||58.0||205||263|
|JK09-02||619117||5758742||46||-60||340.4||No significant assay results|
The Lac La Hache exploration team has been very active during the current, non-drilling phase. All re-logged Ann North drill cores have been digitally plotted in plan, section and longitudinal views, with Cu and Au values. Geological units, hydrothermal breccia, alteration styles and post-mineral intrusive dikes have been consistently recognized, allowing new interpretation which will guide future drilling in the area, in 2010. A similar approach will be followed with re-logging of historical cores from the NK, Harvey, and Peach Melba Zones, now underway.
GWR has commenced a program to rigorously evaluate the large quantity of multi-element values resulting from Inductively Coupled Plasma (ICP) analyses and Cu, Au, Ag assays of recent and many historical drill cores.
The database is estimated to contain over 800,000 values. Software has been developed in-house to produce ten-meter-averaged plan maps for all elements in all drill holes, supporting local zone and property-scale correlation with geology, geophysics, structures, mineralization and alteration patterns, again leading to improved vectoring. Comparison of the multi-element core data with the new soil MMI 8-element data, in-house XRF analyses of drill cores and magnetic susceptibility measurements will also be completed. This information will significantly improve understanding of the relationships between gold, copper, silver, other potentially economic minerals that have not been rigorously evaluated to date, and potential pathfinder elements which may serve as vectors towards improved grades, perhaps at depth below several of the historical, shallow-drilled zones.
The work conducted at Lac La Hache in 2009 has provided new encouragement in several areas. Although far less drilling was conducted during 2 campaigns in 2009 than in previous programs in 2007 and 2008, targets were carefully selected with specific goals, and as described in several recent news releases, results were largely successful. (see all news releases and additional information at www.gwrresources.com
) The narrow but very high-grade gold-rich Aurizon South Zone was extended to the north and south and remains open. Aurizon Central drilling successfully extended the zone to the north, where it also remains open. Preliminary reserves have been calculated for Aurizon Central and results indicate grades and tonnage comparable to zones currently being exploited at Mount Polley. GWR has obtained a combined copper equivalent grade/tonnage figure, but is waiting for confirmation of the separate, contained gold and copper figures before releasing this information. The company expects to have this information by the end of January, 2010.
The Company completed a 1300 sample MMI soil sampling program in the fall which has already proven extremely encouraging, generating new discoveries of copper and gold within potassically altered monzonite, including structurally controlled copper exceeding 11% Cu and 0.6 gpt gold. Using our in-house XRF analyses, the MMI results, and laboratory geochemical analyses of the many drill cores, the exploration team has shown that non-gold-bearing pyrite yields low cobalt, and gold-rich pyrite (assays in the multigram/tonne Au range) is associated with high cobalt. The MMI approach supports mapping of the cobalt distribution in soils, and IP surveys allow mapping of pyrite-rich zones in the bedrock, both methods offering detection to considerable depths. Combined interpretation of these results will yield new targets to be followed-up with systematic trenching, sampling and assaying early in the spring 2010 program. A much larger, property-wide MMI program designed to cover the entire property will be completed as soon an environmental conditions allow.
Our goal is to use the power of improved geochemical analyses to re-evaluate the soil metal anomalies (not just Cu and Au values) in combination with new bedrock sampling (in new anomalous areas) and a revised exploration model evolving from consistent core relogging of all holes drilled on the property to date, to prove that the large alteration system has bulk-mineable potential. The presence of gold-rich zones within the system provides some additional encouragement.
The 2010 Drilling Program will focus on new targets indicated by the new data and on testing several areas where mineralization near surface discovered from relatively shallow historical drilling supports potential for deeper ores below. The recent and exciting new deep discoveries made within the Quesnel Trough at several properties, below known mineralization, provides a model for the Lac La Hache property, which has the advantage of easy access and very good infrastructure.
The Company maintains a quality assurance/quality control program that conforms to the requirements of National Instrument 43-101. Rob Shives, P.Geo., is the Qualified Person (as defined by NI43-101) who accepts responsibility for the technical content of this news release.
This press release may contain “forward-looking statements”. Readers are cautioned that any such statements are not guarantees of future performance and that actual developments or results may vary materially from those in these “forward looking statements”About GWR Resources Inc.
GWR RESOURCES INC. is an active mineral exploration company, currently exploring multiple zones containing commercial grades of copper and gold within its large Lac La Hache copper-gold porphyry project. GWR’s project is in the prolific Quesnel Trough area of British Columbia, between producing mines at Imperial Metals’ Mt. Polley Copper-Gold Mine and New Gold Inc.’s New Afton Copper-Gold project (Teck-Cominco’s legendary Afton mine). The Lac La Hache project is well-served by rail, road and power infrastructure.For further information, please contact:
Responsible Officer: Harley Sinclair, Executive Vice President
Company Telephone Number: (250) 546-8048
Neither the 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.
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