Linux Gold Commences an Exploration Program on the Newly Staked Gold/Platinum, Uranium and Porphyry Properties in Alaska.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Linux Gold Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :LNXGF) is pleased to announce that an aggressive reconnaissance mapping and geochemical auger drilling program has commenced on Linux Gold Corp.'s sizable Granite Mountain Granite Mountain can refer to any one of the following mountains:
Porphyry (pôr`fĭrē), c.232–c.304, Greek scholar and Neoplatonic philosopher. He studied rhetoric under Cassius Longinus and philosophy under Plotinus. system, as well as associated polymetallic and uranium vein deposits. In 2005, it is proposed to conduct reconnaissance surface mapping and sampling of the Quartz Creek Pluton plu·ton n. A body of igneous rock formed beneath the surface of the earth by consolidation of magma. [German, back-formation from plutonisch, plutonic, from Latin , the Peace River Stock, and the Dime Creek placer Gold -- Platinum deposit. A limited ground-magnetic orientation survey will traverse selected rock contacts, alteration zones and mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. units to analyze response and ascertain its applicability for future use. The initial objective is to develop a detailed geologic map of the mineral properties, showing rock units and structure, alteration, 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. , geochemical anomalies, routes of access, and previous workings, as well as all sample sites. The ultimate goal of the 2005 program is to select prospective sites for core drilling in 2006. In March of 2005, Linux Gold Corp. staked 148 State of Alaska 160-acre MTRSC mining claims at several locations near Granite Mountain on the eastern Seward Peninsula of Alaska. During the last century, a production of over 400,000 oz of placer gold and placer platinum has been won from nearby modern and ancient stream deposits. Granite Mountain (2844 ft above sea level) is the geographical boundary of the Fairhaven and Koyuk mining districts and defines the continental divide for this part of North America. Three claim blocks were staked, one very large block (30 sq-mi.) on the Quartz Creek igneous-hosted (intrusive and extrusive ex·tru·sive adj. 1. Tending to push or thrust out. 2. Tending to protrude or project. 3. Derived from magma poured out or ejected at the earth's surface. Used of igneous rocks. Adj. 1. ) stockwork Lead - Zinc - Silver - Copper - Gold deposit, the Quartz Creek Pluton and the host alkaline volcanic rocks were found to be altered and mineralized over an extensive area (18 miles long by up to 5 miles wide) that roughly parallels structural lineaments. Another block (4 sq-mi.) on the Peace River intrusive-hosted Uranium - Molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. vein deposit, and the third block (3 sq-mi.) on the Dime Creek placer Gold - PGM PGM Program PGM Pragmatic General Multicast PGM Phosphoglucomutase PgM Program Manager PGM Platinum Group Metal PGM Pagemaker (software) PGM Portable Gray Map PGM Precision Guided Munition alluvial deposit. ABOUT LINUX GOLD CORP. Linux Gold Corp. holds an option to purchase all the issued and outstanding shares of the private company that holds an 85% interest in a co-operative joint venture company that has an option on certain mineral exploration rights for the Bo Luo Nuo Gold Mine covering an area of 161 square kilometres in Hebei Province, People's Republic of China. Linux Gold Corp. also owns a 50% interest in 30 mineral claims known as the Fish Creek Prospect, located in the Fairbanks Mining Division in Alaska. Linux Gold Corp. optioned to Teryl Resources Corp. (TRC-V) a 50% interest in the Fish Creek claims by expending US$500,000 over three years. Linux Gold Corp. retains a 5% net smelter return or may convert into a 25% working interest. The Kinross Fort Knox mill is within 6 miles from the Fish Creek claims. For more information please visit www.linuxgoldcorp.com. ON BEHALF OF THE BOARD OF DIRECTORS John Robertson President Contact: Business Office 800-665-4616 or 877-549-GOLD (4653) The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has neither approved nor disapproved of the information contained herein. Statements in this press release regarding Linux's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. |
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