Heatherdale Resources: New High-Grade Discovery Expanded At Niblack
December 17, 2009, Vancouver, BC Heatherdale Resources Ltd. (“Heatherdale” or the “the Company”) (TSXV: HTR) announces that thick intersections of high grade, copper-gold-zinc-silver mineralization have been encountered in underground drilling at the Niblack Project in southeast Alaska. The underground drill program is expanding the new high-grade mineral body recently discovered by CBR Gold Corp. ("CBG") at Niblack with drill holes U027 and U028. The new high-grade discovery is located southwest of the currently known mineral resources in the Lookout Deposit; one of six known volcanogenic massive sulphide deposits within the ten square mile Niblack property.
Assays from the first three holes (U029, 30, 31) of an ongoing 25,000-foot drill program have been received. Important intersections from these holes are presented below in the Niblack Assay Table and drill hole locations are shown on the long section at www.heatherdaleresources.com. Discovery holes U027 and U028 were announced by CBG (see CBG's press release dated November 18, 2008) and by Heatherdale (see Heatherdale's press release dated November 17, 2009) and these results are included for completeness in the Niblack Assay Table. The three new holes were drilled in a fan pattern from an underground set-up and were designed to cross-cut mineralization. However, to date, the true width of the intersections has not yet been accurately established. Intersections from these new holes are located up to 430 feet away from the intersection in hole U027 and up to 200 feet away from intersections in hole U028…
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