Golden Harp Resources Inc.

Published : June 22nd, 2009

Advised Of Drill Results -- Benton Hits High Grade Gold At Copper Hill A Property

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Copper | Diamond | Gold |
NEWS RELEASE
Thursday, June 18, 2009
Golden Harp Advised Of Drill Results -- Benton Hits High Grade Gold At Copper Hill A Property

Vancouver -- Thursday, June 18, 2009 -- Golden Harp Resources Inc. (TSXV:GHR) has been advised by Benton Resources Corp. (TSXV:BTC) of drill results for two of the seven holes recently completed on the Copper Hill Block A option property. Benton Resources issued a press release today - the verbatim text relating to Golden Harp Resources has been extracted and is included below:

BENTON HITS HIGH GRADE GOLD ON OPTIONED PROPERTY FROM GOLDEN HARP

Benton Resources Corp (BTC: TSX.V, "Benton" or "the Company") is pleased to announce that it has received results for drill holes GH09-02 and GH09-03 of a seven hole, 1625 metre drilling program recently completed on the Golden Harp Block A option located 30 km west of Gowganda, Ontario. The purpose of the drill program was to verify gold mineralization intersected in historic drilling on the Cook Zone as well as to test the continuity of the mineralization at depth and on strike. The Company is awaiting several in-fill samples from drill hole GH09-01 that should be received shortly. Most encouraging to date is hole GH09-02, which intersected several parallel zones of gold mineralization including a down hole intercept of 5.5 metres grading 11.9gpt. Drill hole GH09-03 was drilled below GH09-02 and cut two zones of gold mineralization, the deepest of which appears to have been displaced by a late gabbroic intrusion. Drill hole GH09-03 will be deepened in the next drill program in an attempt to drill through the gabbro body.

In addition to the Diamond drill program, a surface exploration program is well underway with a 41 km grid established, and ground geophysics (magnetics and induced polarization) and soil sampling in progress is to be followed by prospecting and geological mapping. The new grid extends southeast from the Cook Zone through to the MC Zone discovered by Golden Harp in 2008. The MC Zone, located 1.3 kilometres east-southeast of the Cook Zone, is hosted in a thick package of pyritic, green carbonate, albite and hematite altered ultramafic and mafic volcanic rocks. To date five holes have tested the MC Zone over a strike length of 220m. All holes intersected widespread anomalous gold mineralization with some of the better down hole mineralized intervals returning 44.0m of 0.89 gpt Au (including 2.0m of 4.01 gpt Au) from hole GH-025 and 9.0m of 3.6 gpt Au (including 2.0m grading 14.29 gpt Au) from hole GH-019. The results of the current exploration program will be followed up by a second phase Diamond drill program after the current ground work program is completed and compiled. Benton is earning up to a 70% interest in the project by spending $3.0 million on exploration along with issuing cash and shares (Benton P.R March 12, 2009). Benton is encouraged by the initial assays and awaits the results from the remaining five drill holes.

Table of assay composites for the first holes received is as follows:
DDH From (m) To (m) Length (m)** Au (gpt)
GH09-02 114.7 117.7 3 2.4
  130.4 135.9 5.5 11.97
  152 157.3 5.3 3.04
GH09-03* 138.3 139.8 1.5 2.79
  217.6 220.1 2.5 2.5

*DDH GH09-03 to be deepened
**Length is down hole length

Benton currently has approximately $13.5 million in cash, owns a 34.3% interest in Coro Mining Corp (TSX.COP), holds an approximate 5% interest in Marathon PGM Corp (TSX.MAR) and retains a 2% Net Smelter Royalty on the northern portion of the Marathon PGM deposit.

Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is the qualified person responsible for this release.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.

For further information contact Stephen Stares @:
611 Montreal Street
Thunder Bay, ON P7E 3P2
Phone (807) 475-7474
Fax (807) 475-7200
www.bentonresources.com

Investor relations: In Canada:
First Canadian Capital
Daniel Boase
Phone (416) 742 5600
Fax (416) 742 6410

About Golden Harp
Golden Harp Resources Inc. is a Canadian mineral exploration company. Its 145 square km, Copper Hill gold and base metal project is located 100 kilometres south of Timmins, along Highway 560 between Shining Tree and Gowganda, Northern Ontario. The property, situated along the projected western extension of the Cadillac Larder Lake Break in the Abitibi Greenstone Belt, hosts several gold zones in a variety of geological settings; a copper zone; and large portions of the property remain to be evaluated. The Company has 24,673,042 shares outstanding.

For Further Information about Golden Harp, please visit our website at www.goldenharpresources.com or contact:

Natasha Blackburn, President and CEO
Tel: 604-688-4277

Kevin Filo, Senior Geologist
Tel: 705-268-0371

Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in the forward looking statements. Although we believe that the expectations in the forward-looking statements are reasonable, actual results may vary, and future results, levels of activity, performance or achievements cannot be guaranteed.

The information contained in the press release is a verbatim extract of the press release issued by Benton Resources Corp. Although Golden Harp believes the information included in the press release to be generally reliable, the data has not been independently verified and Golden Harp does not assume any liability for the accuracy or completeness of such information.

The TSX Venture Exchange has neither approved nor disapproved the information contained herein.

 

<
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

Golden Harp Resources Inc.

EXPLORATION STAGE
CODE : GHR.V
ISIN : CA3810663078
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Golden Harp is a gold exploration company based in Canada.

Its main exploration property is COPPER HILL in Canada.

Golden Harp is listed in Canada. Its market capitalisation is CA$ 296 400 as of today (US$ 236 987, € 223 472).

Its stock quote reached its highest recent level on October 23, 2009 at CA$ 3.00, and its lowest recent point on February 07, 2014 at CA$ 0.02.

Golden Harp has 2 470 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Golden Harp Resources Inc.
8/17/2009Receives Approval To Re-price And Extend The Terms Of 7,612,...
7/9/2009Seeks Approval To Reprice And Extend The Terms Of 7,612,200 ...
Option Grants of Golden Harp Resources Inc.
8/14/2009Grants Stock Options
6/9/2009Grants Stock Options
6/12/2008Grants Stock Options
Nominations of Golden Harp Resources Inc.
1/8/2010Corporate Appointments
8/5/2009Appoints John Kerr To The Board
7/28/2009Appoints Paul Sarjeant To The Board
5/1/2008 Appoints New Chairman, President and CEO
Project news of Golden Harp Resources Inc.
5/12/2010(Copper Hill)Releases Results from Phase 3 Drill Program
3/18/2010(Copper Hill)Start of Phase 3 Drill Program on Block A Option
9/17/2009(Copper Hill)Re-Evaluates North Foley Lake Area And Houston Lake Area At ...
9/10/2009(Copper Hill)Reports That Benton Has Commenced Phase Ii Drilling On High ...
8/6/2009(Copper Hill)Reports Exploration Progress From Copper Hill Block A Gold P...
7/7/2009(Copper Hill)Surface Samples Return Up To 492.6 G/T (14.37 Oz/T) Gold Fro...
6/26/2009(Copper Hill)Advised Of Drill Results On Block A Option: More High Grade ...
6/22/2009(Copper Hill)Advised Of Drill Results -- Benton Hits High Grade Gold At C...
12/15/2008(Mc Zone)MC Zone Demonstrates Higher Grade Potential, GH-019 Returns ...
11/20/2008(Golden Sylvia)Intersects 1.45 G/T Gold Over 8.8 M, Including 5.05 G/T Gold...
5/28/2008(Copper Hill)Provides exploration update
4/28/2008(Cook Zone)Completes Spring Diamond Drill Program
3/24/2008(Cook Zone) Initiates 2000 Metre Drill Program
3/20/2008(Copper Hill) Intersects Gold Mineralization in Preliminary Drill Program
Corporate news of Golden Harp Resources Inc.
4/28/2011MINERAL MOUNTAIN INITIATES 60-HOLE RC DRILLING PROGRAM MAIN ...
2/4/2010Resignation of President
12/30/2009Board Changes
11/20/2009Bulk Tonnage Target Identified At Golden Harp Cook Zone; Int...
10/1/2009New Gold Zone Discovered By Benton On Block A Option
6/4/2009Advised Of Exploration Update From Benton Resources At Coppe...
12/2/2008Prospecting Efforts Return 12 g/t Gold, and 9.26% Copper
5/2/2008Acquires Outstanding NSRs
4/10/2008Completes First Half of Spring Drill Program
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (GHR.V)
0.120+60.00%
TSX-V
CA$ 0.120
10/10 15:41 0.050
60%
Prev close Open
0.075 0.115
Low High
0.115 0.120
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
0.120 -  0.120 60.00%
Volume 1 month var.
17,000 -%
24hGold TrendPower© : -8
Produces
Develops
Explores for Copper - Gold - Silver
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 11/4/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
20240.00%
202333.33%0.120.07
2022-35.71%0.200.08
2021-37.78%0.230.14
2020246.15%0.440.06
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 6.92+0.58%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 8.40-0.94%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.59+1.37%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.05+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.01-1.95%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 11.49-0.35%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.31+1.64%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.18+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.63+5.84%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 40.23-2.83%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :
Take advantage of rising gold stocks
  • Subscribe to our weekly mining market briefing.
  • Receive our research reports on junior mining companies
    with the strongest potential
  • Free service, your email is safe
  • Limited offer, register now !
Go to website.