|
Golden Touch Resources Corp.
("Golden Touch" or the "Company") (TSX-V Symbol: GOT;
Frankfurt: 0GT) is pleased to announce that it has started a twenty hole
2,000 meter drill program on the Company's Rubik volcanogenic massive sulphide gold project in Albania. The Rubik gold
project covers 68 km2 and is situated about 100 kilometers north
of the Albanian capital, Tirana.
Golden Touch's Rubik exploration license covers a 20 kilometer long breccia zone. Exploration completed to date has
discovered near surface gold mineralization in seven areas along ten
kilometers of this breccia zone.
The first gold anomaly to be drill tested is at Gjazuj
where the Albanian Geological Survey completed a drill program in the 1980's
exploring for silica to use as a flux at a nearby copper smelter. Their
drill program defined a silica rich breccia zone up
to 30 meters wide with a strike length of 1,300 meters. Recent
work has confirmed that the silica rich breccia
zone contains gold; channel sampling of a 6 meter wide outcrop of the breccia returned 6.3g/t gold. Drill testing of this
gold anomaly has now commenced.
Mr. Aly Mawji,
President of Golden Touch stated: "I would like to congratulate the Golden
Touch technical team in Albania for achieving another significant milestone
with the start of the 2011 drill program. We have completed extensive
fieldwork and data interpretation for our target selection and are pleased to
now drill test these new targets and define the Gjazuj
deposit."
Golden Touch's principal asset are the
100-per-cent-owned Albanian Exploration Projects, totalling
approximately 140 sq. km, located in Northern Albania. The Company has
already spent in excess of US$5 million on exploration within the permit
areas, which has resulted in the outlining of significant gold, platinum
group elements (PGE) and chromite mineralization.
Robert Murdoch, Chairman of Golden Touch and a qualified person under
the meaning of Canadian National Instrument 43-101, is responsible for the
technical content of this news release.
On Behalf of the Board of Directors
Golden Touch Resources Corp.
"Aly B. Mawji", President
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 NEWS
RELEAS
|