ICN Resources Ltd.: Additional Claims Staked Along Sleeper-Sandman Trend
September 14 2010 - 2:07PM
Marketwired
ICN Resources Ltd. ("ICN" or the "Company") (TSX VENTURE: ICN) is
pleased to announce that it has staked an additional 112 unpatented
lode mining claims (approximately 930 hectares) at its Dunes
Project ("Dunes"), Humboldt County, Nevada. Dunes was staked to
include the area immediately to the west of the North Hills and
Silica Ridge deposits at Sandman, currently being drilled by
Newmont, as part of their earn-in agreement with Fronteer Gold.
These new unpatented lode mining claims add additional prospective
ground to the southwest of the previously staked Dunes claims.
The Dunes lies along the Kings River Rift structure, a regional
feature that hosts high-grade vein-related gold systems at the
Sleeper gold mine and the Sandman and Goldbanks deposits. The area
is covered by sand and alluvium and the objective of the Company's
upcoming exploration program will be discovery of gold
mineralization similar to that at Sandman, along projected
northeast and north trending structures.
Dunes lies approximately 30 kilometers west-northwest of
Winnemucca and about 25 kilometers due south of the historic, high
grade Sleeper deposit which produced more than 1.5 million ounces
of gold. ICN is continuing its focus on high level volcanic hosted
epithermal systems which have the potential for both bulk tonnage
and high grade vein gold mineralization.
To the best of the Companies knowledge, limited exploration work
in the area was conducted by Kennecott and Santa Fe Minerals in the
late 1980's. ICN is actively seeking details of any historic
information, but plans to complete its own geological and
geophysical evaluation of the Dunes.
Nancy J. Wolverson, CPG, a Qualified Person as defined by
National Instrument 43-101, has reviewed the technical content of
this news release.
About ICN Resources
ICN is primarily focused on exploration for volcanic-hosted
precious metal deposits in western Nevada, emphasizing targets with
geological similarities to Sleeper, Hollister, Midas and Aurora in
Nevada and El Penon in Chile. ICN plans to explore for the
high-grade feeder zones associated with large low-grade gold and
silver systems, primarily in western Nevada, but are looking for
similar opportunities in established mineral belts elsewhere in the
United States. The ICN management and geologic team have extensive
experience in Nevada and will utilize this experience to generate
prime opportunities for ICN shareholders.
On Behalf of the Board of Directors of ICN Resources Ltd.
Carl Hering, President, CEO and Director
ICN Resources Ltd.
The forward-looking information contained in this press release
is made as of the date of this press release and, except as
required by applicable law, ICN does not undertake any obligation
to update publicly or to revise any of the included forward-looking
information, whether as a result of new information, future events
or otherwise. By its very nature, such forward-looking information
requires ICN to make assumptions that may not materialize or that
may not be accurate. This forward-looking information is subject to
known and unknown risks and uncertainties and other factors, which
may cause actual results, levels of activity and achievements to
differ materially from those expressed or implied by such
information.
Neither TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this release.
Contacts: ICN Resources Ltd. Tasso Baras 1-877-738-3882
www.icnresources.com
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