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Tuesday, July 5, 2011

[cpsinewswire] [CPSI NewsAlert: Voyager Commences Drilling at Khul Morit, Shares Up 20%]

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 starts drilling at Khul Morit Copper Porphyry Project, Mongolia

July 5 (Fortbridge) Voyager Resources (ASX: VOR) has commenced Reverse Circulation (RC) drilling at the Khul Morit Copper Porphyry Project located in the South Gobi region of Mongolia.

Highlights:

·         Reverse Circulation drilling has commenced at Khul Morit. To date three drill holes (of an estimated 40 hole programme) have been completed targeting high order Induced Polarisation geophysical anomalies and to follow up previously intersected high grade copper in drilling that has returned:

o    27 metres at 2.09% copper from 28.8 metres (KH04), including:

§  12.5 metres at 3.63 % copper from 43.3 metres

·         Copper mineralisation has been intersected in each of the three holes drilled to date. The extent of the mineralised widths and grade will not be known until assay analysis of the samples is completed at an independent laboratory in Ulaanbaatar.

·         Geological reconnaissance has identified further outcropping and sub cropping quartz-tourmaline breccias that contain varying amounts of malachite and azurite (copper oxide), these breccias occur over a strike length exceeding 4 kilometres within an identified alteration corridor.

·         Ongoing pole-dipole and dipole-dipole Induced Polarisation geophysical surveys, continue to identify broad intense high order chargeability anomalies that require drill testing

·         Voyager has now fast tracked two diamond core drilling rigs to site and plans to commence drill testing of the deeper Induced Polarisation targets that have been identified within the alteration corridor

Link to article

Link to VOR release

 

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"Mogi" Munkhdul Badral

Senior Client Manager / Executive Director

CPS International LLC

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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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