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News
Tatmar Commences Drill Program at Golden Brew
February 17, 2011
Tatmar Ventures Inc. (the “Company”) is pleased to announce that an eight hole, +10,000 foot reverse circulation drill campaign has commenced at Golden Brew located in Lander County, Nevada, USA.
To date, gold mineralization at Golden Brew consists of a zone of gold bearing jasperoid measuring 2,500 feet long and up to 200 feet wide, hosted in thin bedded platey Cambrian-aged carbonates. Wherever sampled, the jasperoid is anomalous in all Carlin-type gold deposit pathfinder elements, with gold grades ranging from anomalous to 4 grams/tonne. The zone is exposed on the western slope of the Toiyabe Mountain range and is truncated on the west by a north-south trending range front fault. West of the range front fault is an area of gravel cover where the company conducted gravity and CSAMT geophysical surveys. These surveys were designed to locate the gold bearing structure within the favourable host rocks at reasonable exploration depths beneath the gravel cover. The geophysical program was successful in locating a potential uplifted carbonate window (horst block) with the potential gold bearing structure extending through it.
The current drill program is designed to test a number of structural intersections within a major structural corridor, beneath the gravel cover.
Golden Brew is located at the intersection of a major crustal suture, similar to the Cortez fault, and two transverse fault zones. Numerous cut-off structures are interpreted to be nested within the area of the major intersections. These structures cut through and likely influenced the deposition of a thick sequence of Cambrian-aged carbonate host rocks that are lithologically favourable for the deposition of a Carlin-type gold deposit.
ON BEHALF OF THE BOARD OF DIRECTORS,
“Gordon P. Leask”
Gordon P. Leask, P. Eng.
President and CEO
Additional Information – For more information please contact us at (604) 681-4462.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note This news release contains certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ martially from those in forward-looking statements include changes in metal prices, changes in the availability of funding, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ martially from those projected in the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward looking statements, oral or written, made by itself or on its behalf.