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Cours Or & Argent

Christopher James Gold Corp

Publié le 14 août 2007

Reports Initial Results from Drilling at the Ranch Project, Toodoggone Distri

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Mots clés associés :   Copper | G Mexico |
Christopher James Gold Reports Initial Results from Drilling at the Ranch Project, Toodoggone District, Northern B.C.

Vancouver, B.C. - Christopher James Gold Corp. (the "Company") has received assay results for 20 of 37 holes (more than 6,000 metres) now completed of a planned 10,000-metre drilling program at the Ranch Project.  Results to date confirm previous high-grade gold intersections in the Bonanza Zone, while suggesting the possibility a significant new gold resource in the nearby Mickey Zone.

Bonanza Zone Drilling

The first 29 drill holes of this year's program were designed to test the lateral and vertical continuity of the zone of high-grade mineralization previously defined at the Bonanza Zone.  The holes were drilled at between 55 and 60 degrees, on six east-west trending lines spaced 25 metres apart.  The average depth of the holes was 160 metres.

Company President Dr. E Max Baker commented: "Drilling at the Bonanza Zone has delineated vein mineralization with an aggregate strike length of several hundred metres which will contribute to the overall aggregate resource of the Ranch Project.  The Company will now commence modeling the resource at Bonanza, with independent verification by Micromine Pty Ltd.

Highlights from the first 20 drill holes from the Bonanza Zone are summarized below:

Drill Hole

From (metres)

To (metres)

Interval (metres)

Gold (grams/tonne)

Interval (feet)

Gold (ounces/ton)

A07-003

42.20

58.10

15.90

4.46

52.15

0.13

including

45.20

50.50

5.30

9.34

17.38

0.27

 

 

 

 

 

 

 

A07-005

52.00

56.00

4.00

9.75

13.12

0.28

 

 

 

 

 

 

 

A07-006

20.00

47.00

27.00

3.53

88.56

0.10

including

25.00

42.00

17.00

4.59

55.76

0.13

 

 

 

 

 

 

 

A07-008

44.00

48.00

4.00

9.74

13.12

0.28

 

 

 

 

 

 

 

A07-008

53.00

61.00

8.00

3.68

26.24

0.11

including

57.00

60.00

3.00

7.48

9.84

0.22

 

 

 

 

 

 

 

A07-009

53.00

63.00

10.00

3.98

32.80

0.12

 

 

 

 

 

 

 

A07-011

48.00

55.00

7.00

5.58

22.96

0.16

including

48.00

52.00

4.00

8.31

13.12

0.24

 

 

 

 

 

 

 

A07-012

43.00

46.00

3.00

12.81

9.84

0.37

including

43.00

45.00

2.00

17.86

6.56

0.52

 

 

 

 

 

 

 

A07-012

51.00

57.00

6.00

5.15

19.68

0.15

A07-012

55.00

57.00

2.00

8.97

6.56

0.26

 

 

 

 

 

 

 

A07-013

33.00

40.00

7.00

4.04

22.96

0.12

 

 

 

 

 

 

 

A07-013

51.00

53.00

2.00

29.55

6.56

0.86

 

 

 

 

 

 

 

A07-016

37.00

40.00

3.00

9.07

9.84

0.26

 

 

 

 

 

 

 

A07-017

28.00

34.00

6.00

8.68

19.68

0.25

 

 

 

 

 

 

 

A07-020

5.00

25.00

19.00

2.65

62.32

0.08

A07-020

5.00

19.00

14.00

3.01

45.92

0.09

 

 

 

 

 

 

 

Mickey Zone Drilling

The Mickey Zone, discovered in the fall of 2006 and located midway between the Bonanza and Thesis Zones, has been tested by only two holes so far in this year's drilling.  Although assay results are not yet available, both holes intersected visually-favorable mineralization over intervals up to 12 metres, at down-hole depths of up to 170 metres (approx 120 metres vertical).  The Mickey Zone structure has been traced at surface for more than 1,000 metres, indicating that the structure has potential for a significant near-surface gold resource.  An induced polarization survey to delineate areas within the mapped structures considered most favorable for high grade mineralization is scheduled to commence in the next couple of weeks.

Company President, Dr. E Max Baker, commented; "The first two holes from the Mickey Zone intersected the same "vuggy silica" altered rock that, characteristically, has hosted the high-grade to bonanza-grade gold mineralization on the Ranch.  Based on these initial highly-encouraging results, we will focus of the bulk of our next 4,000 metres of drilling on the Mickey Zone and the nearby Thesis Zone."

Quality Assurance and Quality Control ("QA/QC")  

The 2007 exploration program and interpretation of data, was conducted under the supervision of Barney Bowen, BSc. P.Geo, a qualified person under National Instrument 43-101.  This news release was prepared in conjunction with Max Baker, PhD, Member a member of the AusIMM and qualified person under Canadian National Instrument 43-101.

Drill core was sawn in half, with one half stored for future reference.  Sampling and assaying procedures were subject to a rigorous QA/QC program, which included insertion of standards and blanks for each batch of samples.  All samples were shipped in sealed packages to ALS in Vancouver for preparation and analyses.

Mineralized intervals reported are down-hole lengths and may not represent the true width of mineralization; grades are reported as weighted averages; and core recoveries were sufficiently high that no adjustments were applied to reported grades to compensate for core loss. 

About Christopher James Gold Corp.

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

The Company has approximately $7.5 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 Ranch and Lawyers properties.
     
  • In Durango State, Mexico, the Company has set up an exploration office with three full time geologists, and is actively looking for additional projects, while it completes this year's program on the 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, in addition to 100% ownership of the Brassie Creek, Big Kidd, and Portage Lake gold properties.
     
  • In Nevada, the Company has recently completed a three-hole drill program to test for Carlin-type mineralization beneath pediment cover.  Alteration with anomalous geochemical values was intersected in the carbonate rocks, samples have been submitted for petrographic analysis to determine the stratigraphy and style of alteration.

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

This news release contains forward-looking statements.  Forward-looking statements are statements which relate to future events. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein.  Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. Readers are referred to the sections entitled "Risk Factors" in the Company's periodic filings with the British Columbia Securities Commission, which can be viewed at www.SEDAR.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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