Pele Mountain Resources Inc. Buddeln in Nord_Canada nach Gold und nebenbei Diamanten Stellen sich dabei geschickt an. Gogh Drilling Intersects High Grade Gold Within 1,200-Metre Long Structure at Pele Mountain's Highland Project Thursday September 7, 10:53 am ET New Structural Interpretation Leads to Exciting Discovery TORONTO, ONTARIO--(CCNMatthews - Sept. 7, 2006) - Pele Mountain Resources Inc. (TSX VENTURE:GEM - News; "Pele" or the "Company") today announced assay results from the first 18 holes of its ongoing drill program at the Highland Project in northern Ontario. Highland is 100- percent owned by Pele Gold Corporation ("Pele Gold"), a wholly-owned subsidiary of the Company. Drilling from west of the Farquhar gold zone eastward toward the Bowmore gold zone has identified a gold-bearing shear-hosted vein system within a structure that extends for more than 1,200 metres. Analysis of high-resolution aerial photographs identified structures in the area that had not been previously tested. The structural analysis also suggests the potential to extend the recent discovery in both directions along strike and to discover new gold-bearing shear zones within parallel structures. This structural discovery was made possible by the recent consolidation of five properties that had remained separate since gold was discovered in the area in the 1920s. Pele President and CEO Al Shefsky stated, "This discovery represents an important breakthrough in our gold exploration at Highland. While we have repeatedly encountered near-surface, high-grade gold occurrences throughout the project area, the structure that includes the Farquhar gold zone and the Bowmore discovery zone is the largest and most continuous yet discovered. This large-scale gold system, with wide zones of strong alteration and shearing, provides that type of environment capable of hosting a significant gold deposit." ..........................gekürzt..........................
