Battle Mountain Gold Confirms Gold in Water Anomaly.RENO, Nev. -- Battle Mountain Gold Exploration Corp. ("Battle Mountain Gold") (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : BMGX - News) is pleased to announce that its Joint Venture partner company, Pediment pediment, in architecture, the triangular gable end on a building of classic type or a similar form used decoratively. It consists of the tympanum, or triangular wall surface, enclosed below by the horizontal cornice and above by the raking cornice, which follows the Gold LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control ("Pediment Gold"), has completed additional water sampling at its "Fletcher Junction" gold project which has confirmed the presence of highly anomalous gold in spring water (up to 4,802 parts per trillion gold) discharging from beneath a thin cover of a very young basalt basalt (bəsôlt`, băs`ôlt), fine-grained rock of volcanic origin, dark gray, dark green, brown, reddish, or black in color. Basalt is an igneous rock, i.e., one that has congealed from a molten state. volcanic flow. The project area is within the volcanic-hosted Aurora District along the Walker Lane Gold Trend, a regional alignment of major gold deposits (Comstock Lode Comstock Lode, richest known U.S. silver deposit, W Nevada, on Mt. Davidson in the Virginia Range. It is said to have been discovered in 1857 by Ethan Allen Grosh and Hosea Ballou Grosh, sons of a Pennsylvania minister and veterans of the California gold fields who , +8 million ounces: Goldfields n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. , + 4.2 million ounces; Candeleria, +1.5 million ounces; Aurora/Esmerelda, +1 million ounces; Borealis, +1 million ounces; Mineral Ridge, +0.6 million ounces; Tonapah-Hasborough, +0.6 million ounces; Boss, +0.3 million ounces. Map can be viewed at www.bmegold.com Concept Summary The Fletcher Junction Project Area now contains twelve extremely anomalous gold in water samples from three sample sites scattered over a distance of one mile. BMGX believes these samples are indicative of a nearby oxidixing, gold-in-bedrock source. The water from all three sample sites is flowing from beneath a thin cover of very young volcanic basalt flow. Unique structural patterns known to control hydrothermal hydrothermal, hydrothermic relating to the temperature effects of water, as in hot baths. alteration and mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. associated with known gold mines in the region can be projected into the Project Area beneath the thin cover of basalt and strongly suggest a shallow, potentially high-grade, gold-in-bedrock source similar to that responsible for +1 million ounces of high-grade gold production from the adjacent historic Aurora mining district. As previously reported, the Fletcher Junction Project Area land position now consists of a contiguous block of 342 unpatented lode claims (7,067 acres or 11.0 square miles) owned by Battle Mountain Gold Exploration's Joint Venture Company, Pediment Gold LLC. Permitting with the U.S. Forest Service is currently being processed for ten, shallow, vertical and angle drill holes to test a four mile long Target Structural Zone. Anomalous Gold in Water The Fletcher Junction Project Area is nearly five miles north of the Aurora mining district. Two springs, nearly a mile apart, drain areas sourced from beneath an overlying overlying suffocation of piglets by the sow. The piglets may be weak from illness or malnutrition, the sow may be clumsy or ill, the pen may be inadequate in size or poorly designed so that piglets cannot escape. cap of basalt and down stream from the Fletcher Junction Target Zone. Two samples returned 1,749 ppt ppt abbr. 1. parts per thousand 2. parts per trillion and 4,189 parts per trillion gold, with the higher value closer to the envisioned bedrock source. The sites reporting elevated gold values were then re-sampled by a different sampler, using a slightly different sampling protocol, at a different time, under different weather conditions and slightly different locations to verify the initial results. The re-sampled results are in very close agreement with the original samples (1,848 parts per trillion (ppt) versus 1,749 ppt and 4,588 versus 4,189 ppt). Additionally, two other springs were located and sampled slightly closer to the projected Target Zone and reported 4,802 ppt and 3,062 ppt respectively. A third pass re-sampled Aurora Creek (with good agreement) and one of the previously sampled springs (again, with good agreement). Five additional samples were collected at intervals coming or happening with intervals between; now and then. See also: Interval farther downstream to establish a surface decay profile and to provide further confirmation of the extremely anomalous character of the area. Values decayed over a distance of one mile downstream in a regular manner which strongly suggests the bedrock source is very near. The source of the Fletcher Junction anomalous gold in water is thought to be a set of high-angle, NE-striking quartz veins beneath the thin cover of the young volcanic basalt flows that may project for a strike length of 2 to as much as 4 miles. Based upon prior experience with gold in water from other areas within the state it seems highly possible that the Fletcher Junction Structural Zone is associated with a significant gold-bearing bedrock source. ABOUT BATTLE MOUNTAIN GOLD Battle Mountain Gold Exploration Corporation (OTCBB OTCBB See OTC Bulletin Board (OTCBB). Symbol BMGX) is unlike any other mineral exploration company. BMGX is the first gold exploration company in Nevada to apply the concept of using water chemistry to locate new gold deposits. The reader is encouraged to review a detailed description of the proprietary ground-water chemistry exploration program on the Company's website at www.bmegold.com to gain a better understanding of the importance of this new technology to the discovery of new gold deposits in Nevada. A brief overview can be found as the latest corporate presentation - www.bmegold.com/ir/presentation/index.htm. Additional information on this technology will continue to be posted, as the Company enlarges and solidifies its land position and industry lead in the use of water chemistry in Nevada. BMGX is a minerals exploration company headquartered in Reno, Nevada. BMGX's Officers and Directors have over 110 years of combined experience in the successful creation of gold and copper mines, including key participation in the discoveries of the pediment-covered Twin Creeks (+20 million ounces) and Lone Tree Lone Tree can refer to:
On behalf of the Board of Directors, "James E. McKay" President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. For more information visit www.bmegold.com or email info@bmegold.com. Battle Mountain Gold Exploration Corporation Sixth Floor, Suite 9 One East Liberty Street Reno, Nevada 89504 Tel: (775) 686-6081 Fax: (775) 686-6066 Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for Forward-Looking Statements: No securities regulatory authority or stock exchange has reviewed or accepts responsibility for the adequacy or accuracy of this release. This release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in minerals exploration, the need to obtain additional financing, the availability of needed personnel and equipment for future exploration and development, fluctuations in the price of minerals, and general economic conditions. |
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