HY LAKE GOLD ANNOUNCES 2010/2011 EXPLORATION PLANS
FOR WEST RED LAKE PROPERTIES
HY LAKE GOLD INC. (CNSX: HYL, FRANKFURT: HYK) is pleased to provide an update on it's
West Red Lake properties, including the Rowan Lake Mine property under option from Goldcorp’s Red Lake Gold Mines (see news release dated December 13, 2007).
Several high grade gold intercepts returned from recent drilling at the Hy Lake/RLGM Rowan Lake joint venture property have indicated further drilling and the development of a comprehensive regional exploration concept which will include the Mount Jamie, Rowan Lake and Red Summit Mine properties.
Highlights of the 2010 summer exploration project include:
• Expansion of the Rowan Zones to the east with significant gold intercepts including Hole HYR- 10-27 which intersected 168.34 g/t over 0.50 metres (4.91 oz/t gold over 1.64 feet), within a wider zone of 42.44 g/t over 2.0 metres (1.24 oz/t gold over 6.5 feet)
• Discovery of the new CS Zone gold zone located north of the known Rowan Zones gold vein systems
• Discovery of the Rowan-NT Zone gold zone, located approximately 1400 metres south west of the Rowan Zones. All five holes intersected gold mineralization including Hole HYR-10-28 which intersected 26.40 g/t over 0.50 metres (0.77 oz/t gold over 1.64 feet), within a wider zone of 7.28 g/t over 2.0 metres (0.21 oz/t gold over 6.5 feet)
• Delineation of the Rowan-NT Zone indicating trend extension to the north east for over 1.8 km and the possible convergence with the Porphyry Hill/Creek Zones and/or Rowan Zones
Rowan Zone : This zone has a strike length of over 800 metres and remains open along strike, both east and west, and at depth. The current estimated exploration horizon of this trend is over 3.5 km and has been explored to a depth of less than 500 metres. This zone, in the Rowan Main Shaft area, consists of five sub-parallel gold bearing quartz vein systems, where gold mineralization occurs often as visible specks within the quartz veins, veinlets and stockworks.
Rowan-NT Zone:
The Rowan-NT Zone has a potential strike length over 1.8 km and remains open to the north east. This zone continues on to Redstar Gold's Newman Todd project for an addition 2.0 km to the south west. The Rowan-NT Zone lies along a major regional structural discontinuity which on the Newman Todd property is an alteration/breccia zone marked by a sharp northern contact and has been detected by airborne magnetics. This zone consists of wide spread disseminated gold mineralization with localized higher grade gold zones and associated iron-carbonate, silica and sulphide alteration. All of the five drill holes of
the 2010 summer exploration project intersected gold mineralization at shallow depths.....................................
www.cnq.ca/Storage/1315/119257_2010_11_02_HYL_News_Update.pdf
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