Quantcast
Last updated on April 17, 2014 at 1:21 EDT

Gunpowder Gold Corp. Conducts Follow-up Sampling on BHR Claim, Dome Rock Gold Claim Block in Arizona

December 20, 2011

LAS VEGAS, Dec. 20, 2011 /PRNewswire/ — Gunpowder Gold Corp. (OTCBB: GUNP) (Gunpowder or “the Company”) today announced that it is currently conducting follow-up sampling on its BHR claim, part of the Company’s Dome Rock Gold project in La Paz County, Arizona. Work will include outcrop chip sampling from within the company’s 100% owned claim blocks.

“In light of the encouraging preliminary results we obtained for gold, silver and various pathfinder minerals from our previous sampling program, we have initiated additional sampling on the BHR claim. Our field crew is now on-site and we expect to submit samples for assaying later this month,” stated Michael Nott, President of Gunpowder.

The Company is awaiting assay results from its previous round of sampling carried out in autumn of 2011, which it expects to receive from the lab within the next week. Based on these results, and forthcoming results from the current round of sampling, the Company’s technical team will make recommendations to management regarding the next phase of exploration.

The Company’s Board of Directors consists of Michael Nott (President), Richard Kehmeier, and Dennis Lance, all of whom are experienced geologists.

Mr. Nott is an accomplished geologist with more than a decade of experience in both the hard rock mining and petroleum industries. His areas of geographical expertise cover both Australia and North America, including Alberta, Saskatchewan and Colorado. Mr. Nott’s areas of specialty include advanced geological mapping and interpretation, and geophysical interpretation. He has worked as a geologist for leading companies such as Santos Ltd., Encana, and also the Alberta Research Council. Mr. Nott graduated from the University of New Brunswick with a Bachelor of Science degree in geology (1999) and is a member of the Association of Professional Engineers, Geologists, and Geophysicists of Alberta.

Mr. Kehmeier is a Certified Professional Geologist with nearly 40 years of international experience in all phases of resource development for the mining industry. Mr. Kehmeier is currently a Senior Geologist for Vector Engineering Inc. in Golden, Colorado. During his career he has held such positions as Vice President of Exploration at Gold Reserve Corp and Atlas Corporation and has worked for companies such as Union Carbide and Anaconda. He is responsible for the discovery of nearly 15 million ounces of gold in his career. Mr. Kehmeier graduated from the Colorado School of Mines with a Bachelor of Science in Geological Engineering and a Master of Science in Geology. He is a member of the American Institute of Professional Geologists, the Society of Economic Geologists, and the Geological Society of Nevada.

Mr. Lance is an exploration geologist with more than 40 years of domestic and international experience in base and precious metals exploration. Mr. Lance has an extensive background both in field and management positions, and has worked for such companies as Phelps Dodge Corporation, Houston Oil and Minerals and USMX Inc. For the past decade, Mr. Lance has acted as a geological consultant to mining exploration companies. Mr. Lance earned a B.A. in Earth Science from California State University, and attended Graduate School at the Mackay School of Mines (University of Nevada).

About The Company

Gunpowder Gold Corporation is a gold exploration company in pursuit of high impact gold projects in the Walker Lane Trend, as it extends into Arizona. The Company has developed a strategically-located set of mineral claims in the Dome Rock mountains region of Arizona. The Dome Rock project is nine miles from the Copperstone mine, one of the largest gold discoveries in Arizona’s history. The Copperstone open pit and underground workings are located at the northern tip of the Dome Rock mountains.

The Company’s Dome Rock project in western Arizona is located on-trend of the world famous Walker Lane. The Walker Lane Gold Trend has produced over 50 million oz of gold and 400 million oz of silver, historically.

Safe Harbor Statement:

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may,” “future,” “plan,” or “planned,” “will” or “should,” “expected,” “anticipates,” “draft,” “eventually” or “projected.” You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements. The forward-looking statements which involve risks and uncertainties that include, among others, limited operating history, limited access to operating capital, factors detailed in the accuracy of geological and geophysical results including drilling and assay reports; the ability to close the acquisition of mineral exploration properties, and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. More information is included in the company’s filings with the Securities and Exchange Commission, and may be accessed through the SEC’s website at http://www.sec.gov.

www.GunpowderGold.com

SOURCE Gunpowder Gold Corp.


Source: PR Newswire