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August 23, 2011, Vancouver, Canada -- Fire
River Gold Corp. (the "Company", "FAU") (TSX.V: FAU), (OTCQX: FVGCF), (FSE:
FWR) is pleased to announce additional high-grade results obtained
from holes drilled during its 2011 drill program at the Nixon Fork Gold
Mine, situated in Alaska's Tintina Gold Belt. The Company has received
and confirmed assay results from the drill holes N11U-101 to N11U-199
from the 3300, 3100 and 3000 Zones. This series of drill holes were
extremely productive in expanding the extent of the gold mineralization
of the 3300 zone. Of particular note is hole number N11U-175.
Fire River Gold will be continuing to drill on its property in order to
aid stope design, grow the resource and expand the life of mine.
|
HOLE # |
TARGET |
FROM (m) |
TO (m) |
WIDTH (m) |
Au (g/t) |
Au (opt) |
Ag (g/t) |
Ag (opt) |
Cu (%) |
|
N11U-102 |
3300-240 |
19.2 |
22.3 |
3.1 |
12.8 |
0.37 |
1.4 |
0.04 |
0.0 |
|
N11U-130 |
3300-190 |
55.8 |
58.8 |
3.1 |
19.8 |
0.58 |
20.9 |
0.61 |
0.8 |
|
N11U-154 |
3300-240 |
84.8 |
87.6 |
2.9 |
21.7 |
0.63 |
14.1 |
0.41 |
0.8 |
|
N11U-163 |
3300-235 |
0.0 |
4.7 |
4.7 |
3.2 |
0.09 |
1.3 |
0.04 |
0.1 |
|
|
|
14.9 |
19.5 |
4.6 |
66.4 |
1.94 |
76.8 |
2.24 |
4.1 |
|
|
|
16.5 |
18.1 |
1.6 |
177.0 |
5.16 |
169.0 |
4.93 |
9.4 |
|
N11U-165 |
3300-235 |
1.5 |
3.9 |
2.5 |
26.4 |
0.77 |
4.1 |
0.12 |
0.2 |
|
N11U-175 |
3300-235 |
14.9 |
18.5 |
3.5 |
110.0 |
3.21 |
21.6 |
0.63 |
1.2 |
|
|
Including |
15.9 |
17.8 |
1.9 |
205.0 |
5.98 |
40.0 |
1.17 |
2.2 |
|
N11U-177 |
3300-235 |
0.0 |
4.2 |
4.2 |
5.0 |
0.15 |
3.3 |
0.10 |
0.1 |
|
|
|
9.5 |
10.1 |
0.6 |
26.4 |
0.77 |
7.0 |
0.20 |
0.5 |
|
|
|
13.5 |
14.6 |
1.2 |
24.7 |
0.72 |
11.1 |
0.32 |
0.7 |
|
N11U-184 |
3300-240 |
48.2 |
49.7 |
1.5 |
3.6 |
0.11 |
18.0 |
0.53 |
1.6 |
|
|
|
53.3 |
55.8 |
2.4 |
2.2 |
0.06 |
6.0 |
0.18 |
0.2 |
|
|
|
69.9 |
70.8 |
0.9 |
65.3 |
1.90 |
4.0 |
0.12 |
0.3 |
|
N11U-193 |
3300-230 |
94.2 |
94.8 |
0.7 |
117.5 |
3.43 |
116.0 |
3.38 |
8.5 |
|
|
|
101.8 |
103.3 |
1.5 |
62.3 |
1.82 |
52.0 |
1.52 |
0.2 |
To view all drill results, please view our
website.
Quality Assurance and Quality Control (QA/QC)
Rigorous controls are in place to ensure the traceability of samples and
their results. Upon delivery core is prepped and logged with intervals
of interest and/or mineralization marked for sampling. The core is
subsequently photographed prior to cutting. Half the core is retained
for future reference and the remaining half placed in double poly bags
and sealed for shipment. Samples are delivered to ALS Chemex in
Fairbanks, AK where they are dried, crushed, and representative splits
are transported to ALS Chemex labs in either Reno, NV or Vancouver, BC
for assay. ALS Chemex complies with the requirements for the
International Standards ISO 9001:2000 and ISO 17025:1999. Analysis
includes Fire Assay with gravimetric finish for gold and ICP for 33
other elements. Gold assays results greater than 5 ppm are automatically
re-submitted for screen metallic analysis.
QA/QC is verified using external standards, blanks, and duplicates with
13% of all samples submitted being QA/QC check samples. Results are
examined ensuring control samples fall within 2.5 standard deviations of
certified values. Failed results are re-analyzed by the lab and/or
additional samples from the remaining core are submitted for analysis.
The Qualified Person for this news release is Richard Goodwin, P.Eng,
President & C.O.O for Fire River Gold.
On behalf of the Board of Directors,
"Richard Goodwin"
Richard Goodwin
President and COO
Certain information regarding the Company including management's
assessment of future plans and operations, may constitute forward-looking
statements under applicable securities laws and necessarily involve risks
associated with mining exploration and development, volatility of prices,
currency fluctuations, imprecision of resource estimates, environmental and
permitting risks, access to labour and services, competition from other
companies and ability to access sufficient capital. As a consequence, actual
results may differ materially from those anticipated in the forward-looking
statements. A feasibility study has not been completed and there is no certainty
the disclosed targets will be reached nor that the proposed operations will be
economically viable. The TSX Venture Exchange or its Regulation Services
Provider have not reviewed and do not accept responsibility for the adequacy or
accuracy of the contents of this news release, which has been prepared
by management. We seek
safe harbour.
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