Brookemont Capital Inc.: Additional Field Work Reports New Mineralization on Gold Prospect in Tanzania
April 05 2011 - 3:01AM
Marketwired
Brookemont Capital Inc. ("Brookemont", "BKT" or the "Company") (TSX
VENTURE: BKT) (PINK SHEETS: BKTPF) wishes to announce that its
field crews are continuing the geological mapping and grid soil
sampling on its Tanzanian property adjacent to the north of Canaco
Resources Inc.'s ("Canaco") Magambazi Prospecting License. The soil
samples have been taken at 25 m intervals along 500 m spaced east
west lines starting at the south end of the property adjacent to
where Canaco completed its IP grid surveying. Three crews are
sampling and completing the geological mapping of the property in
anticipation of commencing drilling once all data is collected and
evaluated.
The Company's field crews have also identified the presence of
alluvial placer gold workings to the east of the high ground on
BKT's property. The Magambazi deposit was initially found as a
placer on the east side of the "knob" standing out. There are
multiple resistant knobs found on the Company's property. The zone
identified on the Brookemont property fits into these parameters,
although it does not suggest that mineralization like that found to
the south is on the Company's property.
Crews have also identified a large east northeast trending
quartz vein zone on the southern part of the property. The ENE
trending zone could represent a conjugate set of structure veins
that is seen at Kwandege to the south west, at the Negero Village -
Kimbaji area to the WSW and locally from the Kwanuunind to Mtunguru
hills. Again this vein on the Company's property fits into these
parameters, although it does not suggest that mineralization like
that found at these other zones is on the Company's property.
This work shows that Brookemont has identified that gold is
present on the property and that there may be structures that are
known in this area, to host gold mineralization identified and
potentially carrying mineralization. Although these conditions fit
into these parameters of the primary model for exploration in the
area, it does not suggest that mineralization like that found to
the south is on the Company's property.
The Handeni North Gold Prospect consists of a 63.4 square
kilometre gold prospect located in the Handeni Region of Tanzania
("Handeni North Prospect") . Brookemont's property borders Canaco
to the North East. As per the 43-101 Technical Report on the
Mid-Green Hills Property Handeni District, Tanzania dated October
19, 2010 prepared for Brookemont by Laurence Stephenson, "The
property lies within the Mozambique Belt, a pan-African Proterozoic
metamorphic belt. A number of gold targets have been identified in
this belt, some of which possibly occur in an extension of the Lake
Victoria greenstone belts overprinted by subsequent metamorphism
(eg. Magambazi). The supracrustal rocks are interpreted to be
derived from cratonic and/or Usagaran material, reworked and mixed
with a small proportion of younger Proterozoic material during the
Pan-African orogeny (Neo-Proterozoic).
The main area of potential gold mineralization within the
property were located on the prominent hills of the south and
central part of the property near a inferred ridge of mafic
amphibolites. No modern exploration has been conducted on the
property."
Conrad Clemiss, President of Brookemont stated, "We are
encouraged at these new findings on the property. Management looks
forward to mobilizing a drill crew as soon as possible to test
these potential targets."
Brookemont has completed the initial criteria required upon
closing the Cariboo Gold Prospect transaction on January 7, 2011,
which was initially announced on December 31, 2011.
All of the content of this release has been provided, reviewed
and approved by Lawrence Stephenson, PGeo, a qualified person as
defined by National Instrument 43-101.
Brookemont currently has the following projects: (a) quartz
mineral claims in the Yukon bordering Underworld, which was
recently taken over by Kinross Gold Corporation and directly above
the Coffee Discovery from Kaminak; (b) mineral claim blocks in the
Stewart Mining Region of British Columbia bordering Canasia
Industries Corporation's Clone Prospect; (c) mineral claims
prospective for lithium in Northern Ontario; (d) land in North
Eastern Quebec prospective for REE's. in close proximity to the
Eldor REE prospect of Commerce Resources; and (e) now 63 square
kilometres of land in Tanzania bordering Canaco Resources.
If you would like to be added to Brookemont's news distribution
list, please send your email address to
info@brookemontcapital.com.
Conrad Clemiss, President, Director
Brookemont Capital Inc.
Neither the TSX Venture Exchange Inc. nor its Regulation Service
Provider (as that term is defined in the policies of the TSX
Venture Exchange Inc.) accepts responsibility for the adequacy or
accuracy of this press release.
Contacts: Brookemont Capital Inc. 1 (604) 899-9150
info@brookemontcapital.com www.brookemontcapital.com