Calgary , Alberta CANADA, March 16, 2010 /FSC/ – Boxxer Gold Corp. (BXX – TSX Venture), is pleased to announce an update of exploration activities on its 100% owned Boss porphyry copper-gold project located in the Goodsprings Mining District in southwest Nevada.
Highlights from recent work include: a) two additional mineral claim blocks staked; b) the interpretation of the TITAN 24 DCIP and MT DEEP IMAGING survey on the Boss and Crystal Pass projects, presently underway, the final report is expected within the next two weeks; b) a magnetic susceptibility interpretation of the airborne magnetic data for the Boss and Crystal Pass projects and the north half of the Goodsprings Mining District to be undertaken by Quantec Geosciences Ltd.; and c) diamond drilling of identified targets contingent on the interpretation of the TITAN 24 DCIP and MT DEEP IMAGING survey.
Boxxer’s President and CEO, Elmer B. Stewart, commented, “We are extremely pleased to have added these two high quality targets to our Boss Project. Our airborne geophysical survey along with mapping and sampling suggests that regional scale faults are the major controls over the location of the copper mineralization in the Goodsprings Mining District. The widespread skarn development, the style of mineralization and geochemical signatures, are all suggestive of an intrusive source for the widespread copper mineralization exposed in outcrop. The Quantec survey should be able to map the dimensions of these interpreted intrusives at depth and identify potential diamond drilling targets.” Boxxer has staked two additional mineral claim blocks, bringing its total land package to 74 mineral claims, covering approximately 8,500 acres, in the Goodsprings Mining District. Each new block is described below.
Block #1: The first block extends east from the Boxxer’s Boss claims to the Columbia Pass. This block covers a portion of a coincident interpreted east-west trending regional scale fault zone and a regional scale syncline, a structural setting similar to that which hosts the copper mineralization in the Bingham Canyon Mining District. By staking these claims, Boxxer has also acquired the mineral rights to the Rose mine, a former producer of copper-gold-silver located within this block. A 2,500 metre (m) long resistivity anomaly coincides with skarn and the copper mineralization in the Rose mine along a portion of the interpreted east-west trending regional scale fault zone.
Block #2: This block covers an area of skarn and manto style copper mineralization extending approximately 500 m east of the Columbia Mine, the largest producer of copper-gold-silver in the Goodsprings Mining District. By locating these claims, Boxxer has acquired the mineral rights to the Surprise Mine, which is reported to have made small shipments of high-grade lead-zinc mineralization in 1916 and 1917. This block is underlain by a 1,500 m wide circular resistivity low and an area of conductivity at depth that coincides with the mineralized skarn and intrusive dikes.
TITAN 24 DCIP and MT DEEP IMAGING Survey: The results of the TITAN 24 DCIP and MT DEEP IMAGING Survey over the Boss and Crystal Pass projects are currently being interpreted and the final report is expected before the end of March 2010. Two, 6 km long lines spaced 400 m apart were completed over the widespread copper mineralization in skarn on the Boss Extension and over the two large areas of conductivity at depth located to the north and south of the Boss Extension. The areas of conductivity at depth are situated under alluvial cover and are interpreted to be intrusive bodies. These areas range in size from 1,500 m to 2,000 m in width and from 2,000 m to 3,600 m in length. At Crystal Pass, three 1.5 km lines over intervals of 800 m were completed to record an interpreted intrusive surrounded by skarn. The survey also covered the Keystone Thrust fault for potential gold mineralization similar to the Keystone Gold Mine, the largest gold producer in the Goodsprings Mining District. The interpreted intrusive coincides with a strong alunite and iron oxidization anomaly outlined by an Aster Imagery study.
Elmer B. Stewart, MSc. P. Geol., President of Boxxer, the Corporation’s nominated Qualified Person pursuant to National Instrument #43-101, Standards for Disclosure for Mineral Projects, has reviewed the technical information disclosed in this news release.
About Boxxer Gold Corp.
Boxxer Gold is a Canadian junior resource company involved in the exploration of Boss porphyry copper-gold project in southern Nevada and the Buena Vista Iron Oxide copper-gold and Boyer Ranch copper projects located in central Nevada.
For more information on Boxxer please visit our website at www.boxxergold.com or contact:
Boxxer Gold Corp.
Elmer B. Stewart
President & Chief Executive Officer
Boxxer Gold Corp.
John L. Maslanyk
Vice President & Chief Information Officer
Toll Free 1-888-479-3696
Senior Account Manager
CHF Investor Relations
Tel: 1-416-868-1079 ext. 233
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