Meadow Bay Gold Announces Follow-Up Drill Plan from Prior High Grade Drill Results at Its Colorback Gold Project in Nevada
April 14 2011 - 7:30PM
Marketwired
Meadow Bay Gold Corporation (the "Company") (TSX VENTURE:
MAY)(FRANKFURT: 20M)(WKN: A1C3DN) is pleased to announce drill
results fromits its Colorback Gold Project located between
Barrick's Pipeline and Hilltop Gold deposits in Nevada (To see
location maps, please visit the following link:
http://media3.marketwire.com/docs/may414z.pdf).
One trench and four core holes were drilled in the Colorback
Gold Project prior to its acquisition by the Company. Highlights
from the drill program are noted below:
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Interval Gold
Width Grade Intercept Description
Hole_Id M From M To meters ppb (1000ppb = 0.0292opt gold)
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CB-01 67.67 71.63 3.96 4,080 3.96m @ 4,080.96 ppb
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CB-01 88.09 90.98 2.89 627 2.89m @ 627.38 ppb
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CB-01 95.86 97.38 1.52 763 1.52m @ 763.00 ppb
----------------------------------------------------------------------------
CB-01 101.19 102.41 1.22 2,052 1.22m @ 2,052.00 ppb
----------------------------------------------------------------------------
CB-01 106.98 108.51 1.53 787 1.53m @ 787.00 ppb
----------------------------------------------------------------------------
CB-01 109.27 113.39 4.12 2,742 4.12m @ 2,742.44 ppb
----------------------------------------------------------------------------
CB-01 143.56 144.93 1.37 628 1.37m @ 628.00 ppb
----------------------------------------------------------------------------
CB-01 169.32 170.84 1.52 301 1.52m @ 301.00 ppb
----------------------------------------------------------------------------
CB-01 172.52 173.74 1.22 397 1.22m @ 397.00 ppb
----------------------------------------------------------------------------
CB-02 57 58.83 1.83 664 1.83m @ 664.00 ppb
----------------------------------------------------------------------------
CB-02 115.52 117.04 1.52 861 1.52m @ 861.00 ppb
----------------------------------------------------------------------------
CB-03 75.9 78.64 2.74 904 2.74m @ 904.34 ppb
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CB-04 54.56 57.61 3.05 3,655 3.05m @ 3,655.58 ppb
----------------------------------------------------------------------------
CB-04 160.32 161.85 1.53 882 1.53m @ 882.00 ppb
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CBT-1 9.14 15.24 6.1 594 6.1m @ 594.69 ppb
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CBT-1 25.91 28.96 3.05 681 3.05m @ 681.23 ppb
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CBT-1 48.77 50.29 1.52 1,602 1.52m @ 1,602.00 ppb
----------------------------------------------------------------------------
CBT-1 62.48 64.01 1.53 490 1.53m @ 490.00 ppb
----------------------------------------------------------------------------
CBT-1 70.1 71.63 1.53 309 1.53m @ 309.00 ppb
CBT-1 82.3 91.44 9.14 815 9.14m @ 815.85 ppb
CBT-1 97.54 99.06 1.52 664 1.52m @ 664.00 ppb
CBT-1 111.25 114.3 3.05 2,483 3.05m @ 2,483.41
Tim Master, head of Meadow Bay's Nevada operations commented,
"We are very excited to reportour 2011 drill plan for these drill
results which provide an indication of near surface high grade gold
mineralization. The results will help guide the Company's
exploration program for surface upper thrust plate-hosted gold
resources in the Devonian Age Slaven Chert and lower plate
carbonate hosted lower plate gold mineralization in the projected
Wenban and Roberts Mountain Formations, compliant with NI 43-101
standards."
Please visit the following link to see a cross section and plan
map of core holes CB-01 and CB-04 showing the dip of mineralization
from the surface under trench 01 and the drill plan to test the
surface Slaven Chert hosted gold mineralization and the location of
the lower plate Roberts Mountain test,
http://media3.marketwire.com/docs/may414z.pdf.
The next round of drilling will test the surface upper plate
resource with 4 core holes and thelarger lower plate Copper Canyon
or Cortez Type potential with one 850 meter core hole. The Company
is currently completing a comprehensive Technical Report pursuant
to NI 43-101 for an in-depth discussion of these gold target
types.
The contents of this news release have been reviewed by Tim
Master, a Qualified Person under National Instrument 43-101,
officer of the Company's Nevada based subsidiary and target
generator of the Colorback Project.
Meadow Bay Gold Corporation
Robert Dinning, CEO
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this press release.
Contacts: Meadow Bay Gold Corporation Matthew Harrington
Investor Relations 613-882-7467
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