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Cours Or & Argent

Golden Harp Resources Inc.

Publié le 20 novembre 2008

Intersects 1.45 G/T Gold Over 8.8 M, Including 5.05 G/T Gold Over 1 M At Golden Sylvia; Geophysical

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NEWS RELEASE
Thursday, November 20, 2008
Golden Harp Intersects 1.45 G/T Gold Over 8.8 M, Including 5.05 G/T Gold Over 1 M At Golden Sylvia; Geophysical Surveys Identify New Targets

Vancouver -- Thursday, November 20, 2008 -- Golden Harp Resources Inc. (TSXV:GHR) today announced partial results from the Company's recent diamond drill program (6 holes, 1623.4 metres) at the Copper Hill gold and base metal property in Northern Ontario. Two holes (158.9 metres) were drilled on the Golden Sylvia (GS) Zone -- Results are included below. Four holes (1464.5 metres) were completed on or proximal to the Company's new MC Zone; numerous results from those holes are still pending from the assay lab.

The GS Zone, is a gold-bearing iron formation-hosted, near surface bulk tonnage target. The iron formation has been projected over 20 km of strike across the property. Hole GHGS-031 was drilled on the main gold occurrence and the second hole GH-07 was drilled along the strike extension of the main occurrence, approximately 5.6 km to the northwest.

Hole GHGS-031 returned 1.45 g/t gold over 8.80 metres including an intercept of 5.05 g/t gold over 1 metre. Hole GHGS-031 was drilled within a metre (twinned) of historical hole GS-30, on the main GS Zone. The purpose of this hole was to obtain an un-oxidized section of fresh drill core for future metallurgical testing of the gold-bearing iron formation and also to evaluate a series of new drill bits on the abrasive cherty iron formation host.

Hole GS-07 collared in iron formation approximately 5.6 km NW of the main GS Zone. This hole gave drillers a second opportunity to test drill bit performance and provided an opportunity for the Company to evaluate the iron formation along strike. GH-07 was drilled in the vicinity of a strong induced polarization anomaly detected during the recently completed geophysical survey. The geology intersected in Hole GS-07 was virtually identical to that found in GHGS-031; however, GH-07 did not return any gold values of significant interest. However, the hole did confirm the extensive strike extent of the favorable host horizon.

As a result of this testing, an enhanced drill bit was identified for use in future drill programs on the iron formation. In addition, the Company confirmed the strike extent of the favourable host horizon and obtained fresh drill core for metallurgical testing on the GS Zone. Golden Harp Resources would like to thank Marcel La Freniere of Landdrill International Inc. for the gratis drilling of these two holes and the performance testing of numerous diamond drill bits.

SIGNIFICANT RESULTS TABLE

Hole

From

To

 

Metres

Au (g/t)

 

Comment

GHGS-031

including

66.20

74

75.00

75

8.80

1.00

1.45

5.05

Cherty iron formation with sulphide-rich sections

GH-07

 

 

 

 

No significant values


*Lengths shown are core lengths as true widths cannot be determined at this time.

All gold assays for this program were completed by Swastika Labs and Actlabs using industry standard fire assay procedures. A series of blanks and standards were also submitted with each 20-sample batch for quality control purposes.


FIELD LOCATION FOR DRILL HOLES AND COLLAR DATA

Hole No. 

Collar
UTM  Location

Collar
Field Grid Location

Azimuth
(Degrees)

Dip
(Degrees)

Final Depth
(Metres)

GHGS-031

494094E 5272978N

L700W  ST2875N

062

-45

92.4

GH-07

488973E 5275245N

L6290W ST250 N

230

-60

66.5


Further, during the course of the 2008 exploration season, a large-scale geophysical program consisting of both magnetic and induced polarization surveying was completed over approximately 10 km of strike on both the projected strike extension of the Golden Sylvia gold target and the Copper Hill base metal target. This geophysical survey successfully outlined a series of high priority drill targets related to both the aforementioned targets for future exploration. In addition, the surveys mapped out broad target areas of interest where mobile metal ion (MMI) soil geochemical surveying can be implemented to prioritize the most prospective portions of the iron formation and Copper Hill Zone for both gold and base metal exploration. Golden Harp has had consistent success using MMI on the Copper Hill Project. This technique combined with geophysics and ground prospecting efforts has generated significant new gold targets of interest.

Golden Harp Resources Inc. is a Canadian mineral exploration company. The Company's 100%-owned, 145 square kilometre, 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 extensive 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's strategy is to provide its shareholders with value growth opportunities through the exploration and discovery of new mineral deposits and by seeking strategic joint venture partnerships to maximize the discovery potential of its substantial land holdings. The Company has adequate capital to meet its administrative requirements and planned exploration programs for fiscal 2009. In addition, the extensive exploration and drilling programs completed during the year have generated significant assessment credits to keep the Company's mining claims in good standing through 2009. 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, President and CEO
natasha@goldenharpresources.com Tel: 604-688-4277

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.

 

Golden Harp Resources Inc.

EXPLORATEUR
CODE : GHR.V
ISIN : CA3810663078
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Golden Harp est une société d’exploration minière d'or basée au Canada.

Son principal projet en exploration est COPPER HILL au Canada.

Golden Harp est cotée au Canada. Sa capitalisation boursière aujourd'hui est 296 400 CA$ (236 987 US$, 223 472 €).

La valeur de son action a atteint son plus haut niveau récent le 23 octobre 2009 à 3,00 CA$, et son plus bas niveau récent le 07 février 2014 à 0,02 CA$.

Golden Harp possède 2 470 000 actions en circulation.

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Financements de Golden Harp Resources Inc.
17/08/2009Receives Approval To Re-price And Extend The Terms Of 7,612,...
09/07/2009Seeks Approval To Reprice And Extend The Terms Of 7,612,200 ...
Attributions d'options de Golden Harp Resources Inc.
14/08/2009Grants Stock Options
09/06/2009Grants Stock Options
12/06/2008Grants Stock Options
Nominations de Golden Harp Resources Inc.
08/01/2010Corporate Appointments
05/08/2009Appoints John Kerr To The Board
28/07/2009Appoints Paul Sarjeant To The Board
01/05/2008 Appoints New Chairman, President and CEO
Projets de Golden Harp Resources Inc.
12/05/2010(Copper Hill)Releases Results from Phase 3 Drill Program
18/03/2010(Copper Hill)Start of Phase 3 Drill Program on Block A Option
17/09/2009(Copper Hill)Re-Evaluates North Foley Lake Area And Houston Lake Area At ...
10/09/2009(Copper Hill)Reports That Benton Has Commenced Phase Ii Drilling On High ...
06/08/2009(Copper Hill)Reports Exploration Progress From Copper Hill Block A Gold P...
07/07/2009(Copper Hill)Surface Samples Return Up To 492.6 G/T (14.37 Oz/T) Gold Fro...
26/06/2009(Copper Hill)Advised Of Drill Results On Block A Option: More High Grade ...
22/06/2009(Copper Hill)Advised Of Drill Results -- Benton Hits High Grade Gold At C...
15/12/2008(Mc Zone)MC Zone Demonstrates Higher Grade Potential, GH-019 Returns ...
20/11/2008(Golden Sylvia)Intersects 1.45 G/T Gold Over 8.8 M, Including 5.05 G/T Gold...
28/05/2008(Copper Hill)Provides exploration update
28/04/2008(Cook Zone)Completes Spring Diamond Drill Program
24/03/2008(Cook Zone) Initiates 2000 Metre Drill Program
20/03/2008(Copper Hill) Intersects Gold Mineralization in Preliminary Drill Program
Communiqués de Presse de Golden Harp Resources Inc.
28/04/2011MINERAL MOUNTAIN INITIATES 60-HOLE RC DRILLING PROGRAM MAIN ...
04/02/2010Resignation of President
30/12/2009Board Changes
20/11/2009Bulk Tonnage Target Identified At Golden Harp Cook Zone; Int...
01/10/2009New Gold Zone Discovered By Benton On Block A Option
04/06/2009Advised Of Exploration Update From Benton Resources At Coppe...
02/12/2008Prospecting Efforts Return 12 g/t Gold, and 9.26% Copper
02/05/2008Acquires Outstanding NSRs
10/04/2008Completes First Half of Spring Drill Program
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