TORONTO, ONTARIO -- (Marketwire) -- 03/19/13 -- Carlisle Goldfields Limited ("Carlisle" or the "Company") (TSX: CGJ), announces new results from its 2012 drill program at its Farley Lake Mine Project, highlighted by drill hole FL12-08, which showed 10 metres (m), from 60 to 70 m, grading 5.1 g/t Au (grams per tonne of gold). Exploration and drilling work at Farley Lake was completed in December 2012. An initial NI 43-101 compliant resource estimate is expected in Q2 2013.
Bruce Reid, President and CEO of Carlisle commented, "The latest set of results confirms our belief that Farley Lake has great potential with an attractive grade. We are encouraged that Farley Lake shows mineralization from surface down which is similar to the rest our projects in the Lynn Lake Camp."
----------------------------------------------- Drill From To Interval Au GradeHole(i) (m) (m) (m)(ii) g/t-----------------------------------------------FL12-04 137 140 3 3.54----------------------------------------------------------------------------------------------FL12-05 148 149 1 1.34----------------------------------------------------------------------------------------------FL12-08 60 70 10 5.1----------------------------------------------------------------------------------------------FL12-10 151 153 2 9.11----------------------------------------------------------------------------------------------FL12-11 70 77 7 7.35 --------------------------------- 97 99 2 3.05 --------------------------------- 119 121 2 1.44 --------------------------------- 157 159 2 2.09----------------------------------------------------------------------------------------------FL12-12 106 109 3 1.57 --------------------------------- 113 115 2 7.33 --------------------------------- 160 164 4 3.84----------------------------------------------------------------------------------------------FL12-13 155 157 2 1.89----------------------------------------------------------------------------------------------FL12-14 83 87 4 1.34 --------------------------------- 89 90 1 6.17 --------------------------------- 93 103 10 1.7 --------------------------------- 105 109 4 1.52 --------------------------------- 136 140 4 1.29 --------------------------------- 143 145 2 11.56 --------------------------------- 153 154 1 10.36 --------------------------------- 165 166 1 2.19----------------------------------------------------------------------------------------------(i)Drill Results highlighted and sub results use an arbitrary cut-off grading of 0.5 g/t Au(ii) Orebody geometry has yet to be determined, but true width is estimated to be 80% of core length
