Brookemont Capital Inc.: Update on Gold Prospect in Tanzania
April 28 2011 - 3:01AM
Marketwired
Brookemont Capital Inc. ("Brookemont", "BKT" or the "Company") (TSX
VENTURE: BKT)(PINK SHEETS: BKTPF) wishes to announce that it has
received an update on its Handeni North Gold Prospect in Tanzania.
According to the geologist on site, Lawrence Stephenson, PGeo,
during the past two weeks pits were dug following the placer gold
alluvium zone that had been traced onto Brookemont's property.
These pits continued to find non-quantified amounts of placer gold,
which is being traced to brecciated zone identified adjacent to the
resistant knob on the property. The placer gold identified is
coarse. Detail sampling and geological mapping of this area of the
property is ongoing. Also of note is that a shaft has been located
on BKT's property that has been dug by local miners and is being
evaluated at this time.
The large east northeast trending quartz vein zone (previously
announced April 5, 2011) which had been identified on the southern
part of the property, is now currently being exposed by trenching.
An amphibolite garnetiferrous gneissic unit has been identified in
the central part of the property, with associated sulphides and an
east west strike. This strike is parallel to the identified
conjugate structure that is perpendicular to the main NW trend
identified at the main Magambazi deposit. This EW trend has been
associated with another major auriferous structure that is
currently being drilled by a private South African company, on a
property immediately to the west of Brookemont's property.
In conclusion, the initial work to date confirms that
non-quantified amounts of gold are present on the property and that
we have similar structures that are known in this area, to host
potential gold mineralization. Once all data has been collected and
evaluated, the Company plans to have a drill program conducted to
validate what the property holds. Soil sampling is continuing and
geophysics have been initiated and drill targets are being defined.
At this time, BKT has access to a drill once the highest priority
target are established.
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
methodically moving toward establishing the highest priority drill
targets. When you realize that we have a property that is 63 square
kilometres in dimension it is a substantial process to establish
the best targets. Management is pleased with the progress to date,
and is optimistic about the prospect based on the data received to
date."
Management will be presenting at the Saskatchewan Investment
Conference in Saskatoon Saskatchewan, May 6 and 7th at the
Saskatoon Inn Hotel & Conference Centre. Please feel free to
come speak directly to company representatives.
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. Conrad Clemiss President,
Director 1604899-9150 info@brookemontcapital.com
www.brookemontcapital.com