Darwin Commences Stage Two Diamond Drilling at Suriloma, Peru
December 5, 2013 (Source: Marketwired) — Darwin Resources Corp. (“Darwin” or the “Company”) (TSX VENTURE:DAR)(PINKSHEETS:DARWF)(FRANKFURT:DWU): Dr Graham Carman, President & CEO, is pleased to announce that the Company has commenced its second stage drill program at the Suriloma gold-silver project, Department of La Libertad, Peru. A two-hole, 800 metre diamond drill program is planned to test large-scale IP geophysical targets at the La Puerta area. These targets lie beneath outcropping gold-silver epithermal vein mineralization that was partially drill tested by shallow drilling during 2013 (see Darwin Press Release August 19 2013).
It is interpreted that the chargeability anomalies reflect sulphide altered rock, possibly associated with disseminated gold-silver mineralization at depth beneath the shallow intermediate-sulphidation epithermal veins. The holes are expected to be drilled to a maximum depth of 400 metres. The drill program is expected to take approximately 4 weeks with a single rig operating, with results expected by the end of January 2014.
Dr Graham Carman, President and CEO, states: “Following the closing of our recent capital raising, we have acted decisively to mobilize a drill rig to site and we look forward to testing these exciting geophysical targets, which are interpreted to be the sulphidic core to the gold-bearing high-level epithermal veins drilled earlier in 2013.”
The qualified person, Dr Graham Carman, Darwin’s President and CEO, and a Fellow of the Australasian Institute of Mining and Metallurgy, has reviewed and verified the technical contents of this release.
About Darwin Resources Corp (TSX VENTURE:DAR)(PINKSHEETS:DARWF)(FRANKFURT:DWU):
Darwin is a resource acquisition and development company focussing on Peru. The Company has an option to acquire 100% of the Suriloma epithermal gold-silver property in the Department of La Libertad.
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On behalf of the Board,
Dr Graham Carman, President & CEO
Forward-Looking Statements This Company News Release contains certain “forward-looking” statements and information relating to the Company that are based on the beliefs of the Company’s management as well as assumptions made by and information currently available to the Company’s management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, failure to successfully complete intended financings, capital and other costs varying significantly from estimates, production rates varying from estimates, changes in world metal markets, changes in equity markets, uncertainties relating to the availability and costs of financing needed in the future, equipment failure, unexpected geological conditions, imprecision in resource estimates or metal recoveries, success of future development initiatives, competition, operating performance, environmental and safety risks, delays in obtaining or failure to obtain necessary permits and approvals from local authorities, and other development and operating risks. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein. Although Darwin believes that assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
Neither the TSX Venture Exchange, its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), nor the Frankfurt Stock Exchange accepts responsibility for the adequacy or accuracy of this news release.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>