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Re: News - Monday, March 24, 2008
Golden Harp Resources Initiates 2000 Metre Drill Program
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Vancouver -- Monday, March 24, 2008 -- Golden Harp Resources Inc.
(TSXV:GHR) today announced it has mobilized crews and equipment for a
2,000-metre, spring
Diamond drill program on priority gold targets in
and around the historical Cook Gold (CG) Zone as well as the
Mullen/Cyprus Zone (MC Zone).
Approximately 1,300 metres of drilling is planned to test a minimum of
five target zones along strike from the CG Zone, including the Cookie
Jar (CJ) Zone gold occurrence and the proximal Cookie Jar North (CJ
North) Target (see news release March 13, 2008 for further detail).
These targets are located in a favourable geological environment for
gold deposition and are coincident with geochemical and geophysical
responses over significant strike extents. Recent prospecting confirmed
a strike orientation change at the CJ Zone suggesting potential for a
good structural trap to host gold mineralization. A surface grab sample
from the CJ Zone returned 5.21 g/t Au. Historical drill intercepts from
the CG Zone include DDH Cook2, which returned 3.67 g/t Au over 18.5
metres including 5.54 g/t Au over 10.5 m and 10.04 g/t Au over 5 m.
The MC gold Zone is located approximately 800 metres east of the CJ
North Target. Three holes or approximately 700 metres of drilling are
proposed for a preliminary evaluation of the MC Zone, Trench 2 Area.
Some promising results and conclusions were extracted from a historical
report by Cyprus Canada Inc. (1994) on the MC Zone. Early exploration
by Cyprus and prospectors in the vicinity of the MC Zone in the mid
1990's defined a number of highly anomalous gold soil anomalies. Follow
up prospecting and trenching returned numerous broad low grade gold
values of interest, including 1.17 g/t Au over 25 metres, 1.28 g/t Au
over 17 metres, and 0.32 g/t Au over 50 metres (including an interval
of 0.63 g/t Au over 10 metres) in Trenches T-2, T-3 and T-5
respectively. Some higher grading trench channel samples, returned 2.16
g/t Au over 1 metre and 5.59 g/t Au over 0.9 metres from Trenches 1 and
2 respectively. The gold mineralization found in the trenches is
associated with stockworks of dense sheeted quartz hosted within
altered intrusives and volcanics. In the Trench 2 area mineralization
is also associated with a broad high chargeability (IP) anomaly that
has a strike length of approximately 200 metres. Cyprus Canada
geologists concluded that the preliminary trenching suggested potential
for low grade high tonnage open pit deposits and that there were some
distinct geological similarities on this prospect to the deposits mined
in Matachewan, 46 kilometres to the northeast. Despite positive
recommendations for follow up work on the MC Zone Cyprus did not
complete any further exploration or drilling.
Golden Harp Resources is a Canadian mineral exploration company with an
enviable property position, covering 145 km2 over six townships in the
prolific Abitibi Greenstone Belt in Northern Ontario. The 100%-owned
Copper Hill project hosts four known gold zones, a series of gold
occurrences, a copper zone; and large portions of the property have yet
to be evaluated. The Company's strategy is to provide its shareholders
with value growth opportunities through the exploration and discovery
of new mineral deposits and by building strategic partnerships to
maximize the exploration activity and discovery potential of its
substantial land holdings. For further information, please visit
www.goldenharpresources.com or www.sedar.com.
This press release has been reviewed and approved by J. Kevin Filo,
P.Geo, Senior Geologist. Mr. Filo is the qualified person for the
purposes of National Instrument 43-101.
FOR FURTHER INFORMATION PLEASE CONTACT:
Natasha Blackburn, Chief Operating Officer
natasha@goldenharpresources.com
Tel: 604-688-4277 x 225
Kevin Filo, P.Geo, Senior Geologist
kevin@goldenharpresources.com
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 our
forward looking statements. Although we believe that the expectations
in our forward looking statements are reasonable, actual results may
vary, and we cannot guarantee future results, levels of activity,
performance or achievements.
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.
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Copyright (c) 2008 GOLDEN HARP RESOURCES INC,. (GHR) All rights
reserved. For more information visit our website at
http://www.goldenharpresources.com/ or send
mailto:info@goldenharpresources.com
Message sent on Mon Mar 24, 2008 at 6:02:30 AM Pacific Time
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