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Cours Or & Argent

Christopher James Gold Corp

Publié le 10 mai 2007

Drilling Commences at the Cucaracha Dorada Gold Project

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Mots clés associés :   Copper | G Mexico |
Drilling Commences at the Cucaracha Dorada Gold Project

May 10, 2007

Vancouver, B.C. - Christopher James Gold Corp. ("the Company") has commenced drilling on the Cucaracha Dorada gold project, in southern Durango State, Mexico.

Cucaracha Dorada is a low-sulfidation epithermal gold system comprising multiple veins, stockworks and breccia zones associated with a major fault.  Rock chip sampling and trenching conducted by Chesapeake Gold Corp. (TSX/V: CKG) ("Chesapeake") on the property in 2004 confirmed surface gold mineralization over at least 1.2 kilometres of a larger regional structure including: 15 metres of 5.1 grams per tonne ("g/t"), 20 metres of 2.2 g/t, 9 metres of 13.6 g/t, 34 metres of 1.2 g/t, and 35 metres of 1.2 g/t gold.

Company President, Dr. E. Max Baker, commented, "Cucaracha Dorada is a new, drill-ready epithermal gold system with surface results indicative of a potentially economic deposit.  The 2500 metres that we intend to drill in this program will be the first drilling of any kind on the system.

"This program marks the start of an extensive exploration season for the Company.  The results from this drilling will be followed by those from our Ranch and Craigmont drill programs, providing a steady flow of news well into the fourth quarter of this year."

The Cucaracha Dorada Project

By agreement with Chesapeake announced June 15, 2006, the Company has the right to earn up to a 65% interest in the Cucaracha Dorada gold project by incurring exploration expenditures, and making payments to Chesapeake.  The option agreement also provides the Company with a right of first refusal on any other mineral exploration projects in the States of Durango and Chihuahua which Chesapeake may wish to offer to third parties during the option period.

The Chesapeake exploration program on the project in 2004 consisted of detailed surface mapping, geochemical sampling, mechanized trenching and an induced polarization IP")/resistivity survey.  The bulk of outcropping mineralization was discovered in the North and South Zones, situated approximately 900 metres apart.  The resistivity and chargeability results indicated that the North and South Zones are continuous.  The survey also indicated that the major mineralized trend remains open both to the north and south.

The South Zone is an area 300 metres by 400 metres that contains multiple mineralized veins and stockwork zones including a broad, sub-vertical, north-south vein system.  Rock chip samples and trenching results across this wide structure returned significant gold grades, including 15 metres of 5.1 g/t, 20 metres of 2.2 g/t, 9 metres of 13.6 g/t, 34 metres of 1.2 g/t and 35 metres of 1.2 of g/t gold.

The North Zone, situated 900 metres away and 150 metres lower in elevation than the South Zone, is centered on an area of 300 metres by 500 metres.  In this area, much of the vein swarm corridor is covered with a veneer of colluvium restricting continuous channel sampling.  Ten rock chip samples collected along a 500 metre-long section of the North Zone returned gold values ranging between 2 g/t and 34 g/t over minimum channel widths of 2 metres.

Two mechanized trenches in between the North and South Zones, returned intervals of 34 metres of 1.20 g/t gold in one and 35 metres of 1.15 g/t gold, indicating near-surface continuity of mineralization between the North and South Zones.

Quality Assurance and Quality Control

E. Max Baker, PhD, Member, AusIMM, a "qualified person" for the purposes of National Instrument 43-101, is responsible for the contents of this news release.

About Christopher James Gold

Christopher James Gold Corp. is a Canadian mineral exploration company trading on the TSX Venture Exchange, under the symbol "CJG".

The Company has over $12 million in treasury and is well-funded to explore its large portfolio of gold projects in British Columbia, Nevada and Mexico:

  • Most notably, it has the exclusive option to acquire 100% of Guardsmen Resources Inc., a private company that owns a number of highly-prospective properties in northern British Columbia, including the high-grade Ranch gold and copper project.
     
  • In Durango State, Mexico, the Company has an option to acquire up to a 65% interest in Chesapeake Gold Corp.'s Cucaracha Dorada gold project.
     
  • In southern British Columbia, the Company owns 100% of the copper and gold rights to the historic Craigmont mine, as well as the Brassie Creek, Big Kidd, and Portage Lake gold properties.

Visit the Company's website at www.christopherjamesgold.com .

Christopher James Gold Corp. Dr. E. Max Baker, President and CEO

FURTHER INFORMATION
Christopher James Gold Corp.
Dr. E. Max Baker, President and CEO
John Glanville, Investor Relations
Tel: 604 408 8829
Email: info@christopherjamesgold.com

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

Christopher James Gold Corp

CODE : CJG.V
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Christopher James Gold est une société d’exploration minière d'or basée au Canada.

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Financements de Christopher James Gold Corp
22/03/2007Gold to Raise $5,100,000 by Private Placement
Attributions d'options de Christopher James Gold Corp
23/04/2007Grants Incentive Stock Options
14/04/2007Grants Incentive Stock Options
Nominations de Christopher James Gold Corp
01/08/2007Appoints Paul Robertson CFO
Projets de Christopher James Gold Corp
24/07/2009(Buz / Mud Springs)Options Up To 70% of Buz Project in Nevada From Rio Fortuna
22/09/2008(Garcia Flats)Withdraws From Garcia Flats Project
24/10/2007(Garcia Flats) Reports Initial Garcia Flats Project Drill Results
26/09/2007Results From Ranch Project Drilling
14/08/2007Reports Initial Results from Drilling at the Ranch Project, ...
27/06/2007(Garcia Flats)Commences Drilling At Garcia Flats Gold Project
31/05/2007Correction to last distributed drill results table.
Communiqués de Presse de Christopher James Gold Corp
02/09/2009Signs LOI with Fortune River Resources on Zebra Gold Project...
04/12/2008Withdraws From Canoe Reach Geothermal Project
23/09/2008Canoe Survey Shows Potential Reservoirs
16/07/2008To Acquire High Temperature Geothermal Project and Two Gold/...
08/01/2008Withdraws From The Ranch Property
15/12/2007 Director Paul Macneill Passes Away
29/08/2007Acquires the Lawyers Gold Project
31/05/2007Begins 2007 Drilling at the Ranch Gold Project
17/05/2007Acquires Option on Carlin-Style Pediment Play in Nevada
10/05/2007Drilling Commences at the Cucaracha Dorada Gold Project
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