VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/01/13 -- Turnberry Resources Ltd. (TSX VENTURE: TUR) ("Turnberry" or, the "Company"), announces the results of the diamond drilling program completed in 2012 on the Wildhorse property. The Wildhorse property is located 30 kilometers northeast of Cranbrook, in south-eastern British Columbia. Turnberry holds the exclusive right to earn up to a 75% interest in the property.
2012 Program Results
The 2012 program consisted of 555.4 meter of NQ2 sized diamond drilling along with a ground geological mapping and geochemical sampling program, including the collection of 16 rock samples and 303 soil samples. The diamond drilling program further tested the Dardenelles vein system, with four holes drilled off two drill pads, testing the southern and western extension of the known mineralized vein, along with potential structural repeating of the vein below and above the known mineralized interval. A total of 233 core samples were sent to Inspectorate Labs in Richmond, BC for analysis. Drill-hole results are summarised in Table 1, below.
Table 1 - 2012 Drilling Intersections
---------------------------------------------------------------------------Hole From (m) To (m) Length (m) Au (ppm) Ag (ppm)---------------------------------------------------------------------------WH12010 No significant results---------------------------------------------------------------------------WH12011 No significant results---------------------------------------------------------------------------WH12011 No significant results---------------------------------------------------------------------------WH12012 No significant results---------------------------------------------------------------------------WH12013 165.59 166.46 0.87 2.29 3.2---------------------------------------------------------------------------
Although anomalous (greater than 200 ppb) gold was intercepted in every hole of the 2012 program, all associated with quartz veining, only the intercept of the Dardanelles vein in hole WH12013 returned gold values of potential economic significance. This is the only instance where a granitic intrusion was intercepted, known to control the mineralization content in the Dardanelles vein system. The strong correlation between silver and bismuth-antimony suggest an intrusive source for the mineralized material.
The base of the Kitchener Formation, the stratigraphic horizon equivalent to that which hosts the Spar Lake deposit in Montana, USA, was successfully mapped out. A minimum of four extensive quartzite horizons have been located to date within property boundaries, with one of them known to host chalcopyrite mineralization comprising the Copper Creek showing. Anomalous soil geochemical samples located 250 meters to the southeast of the Copper Creek showing indicate that more work is recommended to follow up this target.
Anomalous soil geochemistry over a 250 meter strike length has also indicated potential structurally-hosted gold mineralization in a new location on the property. Base-metal mineralization was also located and noted to be associated with a mafic intrusive stock discovered on the property. Both these targets warrant additional follow-up work.
