VANCOUVER, BRITISH COLUMBIA – Dec. 12, 2011 – La Ronge Gold Corp. (TSX VENTURE:LAR) –
Preview SW Gold Deposit:
- Drill contract has been awarded; drilling is to commence in January 2012 to confirm historical gold resources and to extend mineralized zones.
Greywacke Extension Project:
- Final airborne geophysical data has been received and is being interpreted to guide future exploration.
La Ronge Gold Corp. (the “Company”) is pleased to announce that final results from the airborne geophysical survey as described in the News Release dated August 10, 2011 carried out by Fugro Surveys have been received. The Dighem survey was designed to test for aeromagnetic trends and conductive zones that may be related to undiscovered gold mineralization on the Greywacke trend. This trend is host to the Greywacke deposit, which is currently being developed for production by Golden Band Resources and Masuparia Resources. Little modern exploration has been conducted on this trend, which is a part of La Ronge gold belt in northern Saskatchewan. This geophysical data is currently being interpreted by the Company’s consultants, and follow-up work on targets generated is planned for the summer of 2012.
A drill contract for a minimum of 2,500 m of diamond drilling has been awarded to evaluate the Preview SW gold deposit located in the La Ronge gold belt in Northern Saskatchewan. The objectives of this drilling are to bring the historical gold resources up to current NI 43-101 standards and to expand the mineralized zones. These historical resources are discussed in the News Releases dated October 17 and November 2, 2011. Drilling is anticipated to start in January 2012.
“Work conducted previously on the Preview SW gold deposit is deemed to be of high standards, and it will expedite the process of converting the historical ounces to the NI 43-101 standards,” commented the Company’s President, Rasool Mohammad. “Along the 97 kilometre-long prospective ground in the La Ronge Gold belt that the company controls, we will be also conducting basic exploration programs including airborne geophysics, stripping and trenching, and till sampling to identify other targets. The Greywacke trend airborne geophysical survey interpretation will help identify targets to be followed up by field work this summer.”
Gordon Davidson, P.Geol., has reviewed the technical information in this news release.
La Ronge Gold Corp. is a gold exploration company focusing on the exploration of gold projects in Canada. The Company has acquired projects in Saskatchewan with historical gold ounces and is in the process of bringing those historical gold ounces to the NI 43-101 standards. The Company also holds other gold projects located in Ontario, Canada.
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company’s expectations.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.
La Ronge Gold Corp.
President & CEO