Golden Harp Resources Inc.

Published : June 26th, 2009

Advised Of Drill Results On Block A Option: More High Grade Intersected - 3.0 m of 21.41 gpt Au Incl

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Keywords :   Copper | Diamond | Gold |
NEWS RELEASE
Thursday, June 25, 2009
Golden Harp Advised Of Drill Results On Block A Option: More High Grade Intersected - 3.0 m of 21.41 gpt Au Including 1.5 m of 40.2 gpt Au

Vancouver -- Thursday, June 25, 2009 -- Golden Harp Resources Inc. (TSXV:GHR) today announced that it has been advised by Benton Resources Corp. of drill results for the remaining five drill holes recently completed on the Copper Hill 'Block A' option property. Highlights include: GH09-01: 8.5 metres (m) grading 5.03 gram per tonne (gpt) gold and GH09-06: 3.0 metres grading 21.41 gpt gold, including 1.5 metres of 40.2 gpt gold.

The Block A option covers 351 of Golden Harp's 855 claim units in the northeastern portion of the Copper Hill project. Benton may earn up to a 70% interest in the Block A by spending $3 million in exploration and issuing cash and shares to Golden Harp (see NR March 12, 2009 for details). Golden Harp will continue to explore and advance the significant gold and copper targets situated in the 504 claim units not included in the Block A option.

Benton Resources Corp. issued a press release today - the verbatim text is included below:

BENTON INTERSECTS MORE HIGH GRADE GOLD ON BLOCK A PROPERTY
Benton Resources Corp
(BTC: TSX.V, "Benton" or "the Company") is pleased to announce that results for the remaining five drill holes GH09-01 and GH09-04 to GH09-07 have now been received on the Golden Harp Block A option located 30 km west of Gowganda, Ontario. The purpose of the drill program was to verify gold (Au) 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 pleased with the results of the Diamond drill program that produced several excellent intercepts such as GH09-01: 8.5 metres (m) grading 5.03 gram per tonne (gpt) Au and GH09-06: 3.0m grading 21.41 gpt Au, including 1.5 metres of 40.2 gpt Au. These intersections complement the drill results released last week (Benton PR June 18, 2009) such as GH09-02, which cut a down-hole intercept of 5.5m grading 11.9 gpt Au. This successful drill campaign contributes to the understanding of the geometry, geology, and control of the gold mineralization and will be used to help plan the next drill program.

Table of assay composites for the first holes received is as follows:

Drill Hole From (m) To (m) Length (m) Au (gpt)
GH09-01 204.9 234.3 29.4 2.1
includes 214.1 222.6 8.5 5.03
includes 220.1 222.6 2.5 10.73
GH09-04 125.7 127.2 1.5 2.62
and 143.5 145.1 1.6 2.13
and 166.7 169.4 2.7 1.19
GH09-05 196.5 204 7.5 0.69
includes 201 202.5 1.5 1.72
GH09-06 174.5 177.5 3 21.41
includes 176 177.5 1.5 40.2
GH09-07 122 123.3 1.3 1.5


Surface exploration is well underway with the establishment of a 41-kilometre (km) grid. Ground geophysics (magnetics and induced polarization) and a soil sampling survey are currently in progress. Follow-up prospecting and geological mapping will begin in early July. 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 km 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. After completion of the current and follow-up ground work is compiled the data will be used to help devise a second phase Diamond drill program. 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 PR March 12, 2009).

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

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.

View News Release in PDF
 

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Golden Harp Resources Inc.

EXPLORATION STAGE
CODE : GHR.V
ISIN : CA3810663078
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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.

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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
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