West Kirkland Cuts 39.6 Meters Of 1.36 Grams Per Tonne Gold East Of Current Resource At Three Hills
VANCOUVER, BRITISH COLUMBIA, November 17, 2014 – West Kirkland Mining Inc. (WKM:TSXV) today announces the results of drill hole MW14-01, which cut 39.6 meters of 1.36 grams per tonne (g/t) Au and 5.10 g/t Ag starting 54.9 meters down the hole. The hole is located approximately 300 meters to the east of the currently defined resource of the Three Hills deposit located near Tonopah, Nevada.
MW14-01 was drilled as part of the Company’s permitting process as a vertical ground-water monitoring well and was collared within the recently identified northwest structural corridor. Mineralization within MW14-01 correlates to where West Kirkland geologists noted consistent silicification and quartz veining where the hole intercepted oxidized Fraction formation. This differs from the typical Siebert formation host in the current resource.
The structural corridor has been interpreted to be vertical or sub vertical, so an estimate of true thickness cannot be made at this time. West Kirkland’s hole TH14R-004 drilled in July of 2014 was oriented perpendicular to the northwest structure and returned 50.3 meters of 0.73 g/t Au. TH12R-15 was drilled parallel to the interpreted structure and returned 66 meters of 3.3 g/t Au. Hole TH96-41 was drilled approximately 12 meters to the west of MW14-01, sub-parallel to the northwest structure and returned 21.36 meters of 0.63 g/t Au within Fraction formation.
“This recent intercept adds another compelling data point to the deposit model we are building,” says Michael G. Allen, West Kirkland’s Vice President of Exploration. “Three dimensional modeling has indicated an intrusive body located to the east of the reported drilling which may be creating dilatant zones within the northwest structure and may host significant mineralization.”
West Kirkland initiated its Phase II exploration program with the first hole currently underway. The Company plans to drill 1,400 meters in five holes at the Three Hills deposit and four holes at the Hasbrouck deposit. For further information on this drill program please refer to the Company’s October 22, 2014 news release.
About the WKM Hasbrouck Project
The Hasbrouck Project consists of two oxidized gold-silver deposits located eight kilometers from each other. Both deposits have at-surface and near-surface mineralization with the potential for open pit mining at low overall stripping ratios and with minimal pre-stripping.
West Kirkland’s independent consultants, Mine Development Associates, are completing a prefeasibility study with results expected in the first quarter of 2015. Work on obtaining construction permits for the Three Hills deposit is well advanced with submission of a Plan of Operation to the Bureau of Land Management (BLM) targeted for Q4, 2014.
Michael G. Allen, Vice President of Exploration for West Kirkland, and a non-independent Qualified Person as defined by NI 43-101, has reviewed the information contained in this news release and has verified the data.
Quality Assurance/Quality Control
West Kirkland Mining utilizes a well-documented system of inserting blanks and standards into the assay stream and has a strict chain of custody. Assays are completed at independent labs, which also have internal quality assurance and quality control mechanisms. Assays were performed by ALS Chemex Labs Ltd., by fire assay and ICP methods.
About West Kirkland Mining Inc.
West Kirkland was formed in 2010 to focus on gold exploration along major geological trends in North America. The Company has consolidated significant mineral rights positions within the known gold trends of Nevada and Utah, including the recently acquired the Hasbrouck and Three Hills properties in southwestern Nevada. The founders and Board members of West Kirkland have successful experience in gold discovery, mine development, and mine operations in Nevada and other gold producing jurisdictions in North America.
For more information, contact:
West Kirkland Mining Inc.
Knox Henderson at (604) 685-8311
Disclaimer for Forward-Looking Information
This press release contains forward-looking information or forward-looking statements (collectively "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “postulate” and similar expressions, or are those, which, by their nature, refer to future events. Forward-looking information in this news release includes, without limitation, the completion of the Prefeasibility Study, the project approach of the Prefeasibility Study and exploration and all information under the heading “Prefeasibility Study Detail”, including the Prefeasibility Study budget. Although West Kirkland believes that such timing and expenses as set out in this press release are reasonable, it can give no assurance that such expectations and estimates will prove to be correct. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the market for gold or other minerals that may be produced generally, variations in the nature, quality and quantity of any mineral deposits that may be located, the Company's ability to obtain any necessary permits, consents or authorizations required for its activities, to raise the necessary capital or to be fully able to implement its business strategies and other risks associated with the exploration and development of mineral properties. The reader is referred to the Company's public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company's profile on SEDAR at www.sedar.com.
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