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Thursday, May 26, 2011

[cpsinewswire] [CPSI NewsAlert: Voyager Doubles Target Size at Khongor, Shares Close 4.3% Higher]

CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based AFSL License Holder. To trade ASX and international stocks, feel free to contact me at mogi@cpsinternational.mn or +976-99996779.

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Voyager Resources doubles target size in Khongor, Mongolia 

May 26 (Fortbridge) Voyager Resources (ASX: VOR) has now received all assay results from the 24 diamond core drill holes completed at its Khongor Copper Gold Porphyry Project located in the South Gobi Arc Terrain that hosts the World Class Oyu Tolgoi Copper Gold Deposit in Mongolia.

Highlights:

·         These latest results have expanded the porphyry copper mineralised zone to an area measuring some 400 by 150 metres in area, doubling the size of the target previously reported

·         Mineralisation has now been intersected in drill holes in excess of 800 metres of strike

·         Recent assay results received have been highly encouraging, returning:

o    39.0 metres at 0.5% copper, 0.14 g/t gold and 1.1 g/t silver (KH0020D)

o    17.3 metres at 0.5% copper, 0.14 g/t gold and 1.6 g/t silver (KH0022D)

o    30.3 metres at 0.6% copper, 0.15 g/t gold and 1.1 g/t silver (KH0023D)

o    7.8 metres at 0.8% copper, 0.15 g/t gold and 2.3 g/t silver (KH0024D), including:

§  25.1 metres at 1.1% copper and 0.21 g/t gold and 3.3 g/t silver

o    5.4 metres at 1.0% copper, 0.50 g/t gold and 1.9 g/t silver (KH0024D)

·         These results are in addition to previously released results, including:

o    93.1 metres at 0.23% copper and 0.03 g/t gold (KH0001D), including

§  13.0 metres at 0.5% copper and 0.06 g/t gold and

§  16.3 metres at 0.4% copper and 0.06 g/t gold

o    34.5 metres at 0.5% copper and 0.10 g/t gold (KH0003D), including:

§  17.6 metres at 0.7% copper and 0.14 g/t gold

o    70.1 metres at 0.6% copper and 0.15 g/t gold (KH0005D), including

§  53.94 metres at 0.7% copper and 0.18 g/t gold

§  11.19 metres at 1.8% copper and 0.57 g/t gold

o    22.5 metres at 0.8% copper and 0.16 g/t gold (KH0006D)

o    7.0 metres at 2.0% copper, 0.47 g/t gold and 3.4 g/t silver (KH0010D)

·         Geophysical and geochemical surveys have commenced at Khongor, with Induced Polarisation geophysical surveys identifying additional and deeper targets for drill testing

Link to release

Link to original VOR Release

 

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"Mogi" Munkhdul Badral

Executive Director

CPS International LLC

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Telephone/Fax: +976-11-321326

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Email: mogi@cpsinternational.mn

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CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based AFSL License Holder. To trade ASX and international stocks, feel free to contact me at mogi@cpsinternational.mn or +976-99996779.

 

Disclosure/Disclaimer

CPS Securities, its directors and employees advise that they may hold securities, may have an interest in and/or earn brokerage and other benefits or advantages, either directly or indirectly from client transactions mentioned in correspondence from CPS International.

CPS International advise this email contains general information only and does not include advice. In preparing this communication, CPS International did not take into account the investment objectives, financial situation and particular needs of any person. As with any speculative mining company there are significant risks.

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