VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/10/13 -- Entourage Metals Ltd. (TSX VENTURE: EMT) (the "Company") is pleased to announce that exploration is underway at the La Liga silver project. Work will focus on high-grade silver plus lead-zinc mineralization at the Red Devil and Galactose zones and will consist of detailed geologic mapping, prospecting, and mechanical trenching. Approximately 1,500 meters of trenching is planned.
Previous work on the property identified multiple structurally controlled, epigenetic silver-rich prospects and coincident polymetallic soil anomalies over a four kilometer trend.
-- High-grade grab samples of silver, lead, and zinc mineralization in outcrop at Red Devil (up to 877 g/t silver and 9.58% lead) and Galactose zones (up to 216 g/t silver, 9.94% lead, and 8.22% zinc)-- Two, kilometer-scale, silver in soil anomalies (up to 29.3 g/t silver in soils)-- Large land position with limited modern exploration
The Galactose and Red Devil Zones occur at the northwestern and southeastern limits of a 1600m x 500m zone of strongly anomalous silver and lead in soils, and consists of disseminated to massive sulfide mineralization associated with strongly altered and fractured clastic sediments, chert, and calc-silicate skarns.
Entourage has an option to earn a 100% interest in the La Liga Property which is located approximately 70km north of the town of Faro, and consists of 2,965 quartz mining claims covering 59,799 hectares over four blocks. The properties adjoin Silver Range Resources Ltd.'s flagship project, which announced a maiden inferred resource estimate of 38.7 million ounces of silver, 675 million pounds of zinc, 228 million pounds of lead, and 131 million pounds of copper at the Keg Deposit in late 2012 (see Silver Range news release dated Nov. 20, 2012).
All rock grab, chip, and trench samples for the 2013 program will be submitted to Acme Analytical Laboratories for analysis. A sample quality control/assurance program utilizing standards and blanks, as well as third-party laboratory checks is also in place.
Geological and geophysical maps from La Liga with rock and soil sample results, as well as details on Entourage Metals portfolio can be reviewed at the Company's website at www.entouragemetals.com.
Entourage's exploration activity in the Yukon Territory is under the supervision of Jodie L. Gibson, P.Geo, Senior Geologist and consultant to the Company. Mr. Gibson is a Qualified Person as defined by NI 43-101. Mr. Gibson prepared and approved the information contained in this release.
The company also reports that the cash payments required to be paid by the Company in 2013 under the Company's option agreements for its Odin Copper Gold Property have been reduced. The cash payment required to be paid under the Applehead agreement has been reduced from $15,000 to $11,500, in exchange for the issuance by the Company of 40,000 additional common shares. The cash payment required to be paid under the Rob Schindel agreement has been reduced from $10,000 to $5,000, in exchange for the issuance by the Company of 60,000 additional common shares.
Share issuances are subject to receipt by the Company of the approval of the TSX Venture Exchange.
Entourage Metals is a generative exploration Company with gold, silver and copper properties located adjacent to Hemlo Mines, Colorado Resources North ROK Discovery and IAMGold's Cote Lake Deposit.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Certain disclosure in this release, including statements regarding the intended use of proceeds from the private placement, constitute forward-looking information or statements (collectively, "forward-looking statements") for the purpose of applicable securities laws. In making the forward-looking statements, the Company has applied certain factors and assumptions that are based on the Company's current beliefs as well as assumptions made by and information currently available to the Company, including that the Company is able to obtain any government or other regulatory approvals required to complete the Company's planned exploration and development activities, that the Company is able to procure personnel, equipment and supplies required for its exploration and development activities in sufficient quantities and on a timely basis and that actual results of exploration activities are consistent with management's expectations. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among others, that the Company will be unable to obtain required regulatory approvals on a timely basis or at all, that actual results of the Company's exploration activities will be different than those expected by management and that the Company will be unable to obtain or will experience delays in obtaining any required government approvals or be unable to procure required equipment and supplies in sufficient quantities and on a timely basis. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
Entourage Metals Ltd.