VANCOUVER, British Columbia, June 25, 2019 (GLOBE NEWSWIRE) -- Michelin Mining Corporation (“Michelin” or the “Company”) (CSE: MICH) today announced that it has mobilized and successfully completed drilling 3 reverse circulation (“RC”) holes of approximately 100 metres each on its Rude Creek Gold Project. Drilling was concentrated in the Northeast Zone, where multiple anomalous gold-in-soil trends were previously identified.
Mineralized intervals have been sampled and submitted for analysis. Analytical results will be announced when they are received. The analytical work will be performed by Bureau Veritas Minerals. All samples are being assayed for gold content and multiple path finder elements. An industry standard quality assurance/quality control (QA/QC) program consisting of the insertion of certified standards, blanks and duplicates into the sample stream was used.
The Rude Creek Gold Project, is located within the Dawson Range gold district, 45 km southeast of Newmont Goldcorp’s Coffee orogenic type gold deposit and 80 km southeast of the recent Vertigo discovery and 72 km southeast of the Golden Saddle deposit, both orogenic type gold systems owned by White Gold Corp. The Rude Creek Gold Project is comprised of 204 claims.
The technical information in this news release was prepared by Marc G. Blythe, P. Eng, who is a Qualified Person as defined by NI 43-101. Mr. Blythe is a director of the Company.
About Michelin Mining Corp.
Michelin Mining Corp. is a junior natural resource company engaged in the acquisition and exploration of mineral properties of merit and currently focused on exploring its Rude Creek gold property in the Yukon.
Contact Information
For more information, please contact:
Michelin Mining Corp.
Mark T. Brown
Chief Executive Officer
Suite 410, 325 Howe Street
Vancouver, BC
V6C 1Z7
Tel: 604-687-3520
Fax: 888-889-4874
Email: mtbrown@pacificopportunity.com
Neither the Canadian Securities Exchange nor its Regulation Service Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain certain forward-looking information. All statements included herein, other than statements of historical fact, forward-looking information and such information involves various risks and uncertainties. There can be no assurance that such information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such information. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward looking information can be found in the company’s disclosure documents on the SEDAR website at www.sedar.com. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.