Monday 29 March 2010

Eleckra Mines survey identifies new gold anomalies at Yamarna Project

Eleckra Mines (ASX: EKM) has announced encouraging results from a close-spaced geochemical soil survey carried out in January-February 2010 at the Central Bore prospect at its 100%- owned Yamarna Gold Project.

The Yamarna Project is located approximately 150 kilometres east of Laverton on the eastern edge of the Yilgarn Craton and within the Yamarna Greenstone Belt in Western Australia.

The soil geochemistry program has defined multiple, up to a 0.6 kilometre-long, gold anomalies that contain elevated gold values up to 0.84 g/t Au, between 200 metres and 1 kilometre east of the recently discovered Central Bore high grade gold deposit.

The soil survey also confirmed the anomaly over the Central Bore gold discovery and identified possible northern extension further to the north along the strike.

The soil survey was a follow up to an earlier wide-spaced soil survey and a close-spaced survey on 20mE x 40mN at the Byzantium prospect (announced on 8th December 2009).

On 8 February 2010 Eleckra announced the strong 2.8 kilometre-long gold anomaly at Hann Prospect, 2.4 kilometres to the west of Central Bore gold discovery, with grades up to 2.1 g/t Au in the soils.

Eleckra now have three new high grade targets close to and surrounding the Central Bore high grade discovery from 2009. Eleckra said it intends to commence a 7,000-metre RC drilling program with targets at the Central Bore, Byzantium and Hann prospects in April 2010.

http://www.proactiveinvestors.com.au/companies/news/6034/eleckra-mines-survey-identifies-new-gold-anomalies-at-yamarna-project-6034.html

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