Darwin Completes Maiden Drill Program at Suriloma Gold Project Peru
July 25, 2013 — Vancouver, BC (Source: Marketwired) — Darwin Resources Corp. (“Darwin” or “The Company”) (TSX VENTURE:DAR)(PINKSHEETS:DARWF)(FRANKFURT:DWU): Dr. Graham Carman, President & CEO, announces that the Company has completed its initial diamond drill program at the Suriloma epithermal gold project, Department of La Libertad, Peru. Suriloma is located in a prolific gold belt in Peru, 30km along strike from Barrick’s Lagunas Norte mine and 50km from Rio Alto’s La Arena mine.
Darwin has completed 1,603 metres of diamond drilling in 11 holes, from 9 separate drill platforms. Progress by the two drill rigs working concurrently was better than expected, hence the program was completed earlier than planned and under budget. The objective of the drill program was to test beneath outcrops of oxide epithermal gold mineralization at the La Puerta and Inmaculada target areas. The average vertical depth of the holes drilled was approximately 120 metres.
Geological logging, cutting and sampling of the drill core is now in progress. Once cut, drill samples are being transported to a commercial laboratory in Lima for gold and pathfinder analyses.
Dr Graham Carman states: “A number of epithermal quartz vein structures and alteration zones have been intersected in our drilling at Suriloma. We now await assay results which we expect around the middle of August. I am pleased to say that our drilling was carried out quickly and efficiently, and we have received excellent cooperation and assistance from the local communities which has been very positive.”
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):
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Darwin is a resource acquisition and development company focussing on Peru. The Company has an option to acquire 100% of the Suriloma epithermal gold property in the Department of La Libertad.
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>