Tone Resources Limited: Drilling in Carlin.VANCOUVER, British Columbia -- TONE RESOURCES (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:TNS TNS transcutaneous neural stimulation. ) COMMENCES DRILLING ON THE CARLIN car·line or car·lin n. Scots A woman, especially an old one. [Middle English kerling, from Old Norse, from karl, man.] TREND: The Company commenced drilling the Red Ridge Project in the Rain District on the Carlin Trend. Three to four holes are planned to provide an initial test of the two primary targets: the northern, prospective high-grade extension of the Emigrant Springs deposit, and the northwest-trending Red Ridge structural zone. A detailed soil survey, completed in 2003, was conducted along a 7500 foot-long (approx. 2 kilometres) portion of the Red Ridge structure with favourable results including gold up to 179 ppb, arsenic to 625 ppm, antimony to 226 ppm, mercury to 14 ppm and zinc to 1650 ppm. One anomalous soil zone provided float samples up to 1.03 ppm gold. The Red Ridge target opportunity is very similar to Newmont's nearby high-grade Northwest Rain, Tess, and Saddle deposits gold deposits. The surface expression of the Red Ridge target consists of a 3 kilometre long by 50 to 150 metre-wide strongly altered zone of stringered to pervasive, silicified si·lic·i·fy v. si·lic·i·fied, si·lic·i·fy·ing, si·lic·i·fies v.tr. To convert into or impregnate with silica. v.intr. To become converted into or impregnated with silica. , dolomitized, baritized, and sulfidized (mostly as iron oxides) breccia and highly broken rock. Lamprophyre lam·pro·phyre n. Any of several intermediate igneous rocks constituting feldspar and ferromagnesium minerals that occur as dikes and minor intrusions. dikes are also present. The Red Ridge target opportunity is a high-grade, Rain and Meikle-like target developed at depth near and along the Webb-Devils Gate contact juxtaposed jux·ta·pose tr.v. jux·ta·posed, jux·ta·pos·ing, jux·ta·pos·es To place side by side, especially for comparison or contrast. against the Red Ridge fault. The Red Ridge fault bounds the Rain graben on the northeast; the Rain fault bounds the same Rain graben on the southwest. To date approximately 4 million, high-grade ounces of gold have been discovered along the Rain fault. BATTLE MOUNTAIN - EUREKA GOLD TREND PROPERTIES: Tone Resources Limited (the "Company") controls 6 claim groups, a total of 234 claims, on the Battle Mountain - Eureka Trend southeast of Placer Dome's Cortez District. Staking these claims commenced in 2001 and focused on specific target opportunities. Several of these claim groups have recently been surrounded by Placer Dome, Newmont, and others. The Company is actively exploring numerous targets covered by these claims. Four drill programs have been conducted since 2002. The Gold Bar North (GBN GBN Global Business Network GBN Glenbrook North High School (Northbrook, Illinois) GBN Go Back N (N = number to go back) GBN GoBizNow.com GBN Global Benchmarking Network ) project has recently been permitted and bonded for drilling, and a notice of intent to drill the North Kobeh (NK) project and South Wall (SW) project has been submitted to BLM. A recent rock-soil survey on the South Keystone (SK) project has provided encouraging assay results from a large area of visibly altered rock in an area never previously explored. The Company management team is focused on exploring and advancing prospective gold projects in Nevada. 12,807,476 SHARES OUTSTANDING The above is subject to regulatory approval. ON BEHALF OF THE BOARD OF DIRECTORS Scott Baxter, President 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 not reviewed and does not accept responsibility for the adequacy or accuracy of this press release. |
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