Tuesday, August 30, 2011

[CPSI NewsAlert: Voyager Announces KM Drilling Update, Opens 25% Higher]

CPSI NewsWire brings you market updates on Mongolia, compiled by CPS International, a Mongolian marketing arm of CPS Securities, a Perth, WA based stockbroking and corporate advisory firm, specialising in capital raising for mining and junior stocks.

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August 30, Voyager Resources Limited (ASX:VOR) --

The Company is pleased to announce  further results from its  Cughur Discovery at the KM Copper Porphyry Project in the South Gobi Region of southern Mongolia. These results further strengthen Voyager’s belief that the KM Project is an exceptional porphyry copper project that has the potential to be a company making asset.

Ø  Completed diamond tails and further Reverse Circulation  (RC) drilling at the Cughur  Discovery has continued to  return exceptional results, including:

§  84 metres at 3.2% copper and 9.7 g/t silver from 30 metres (KM0012RCD)

§  26 metres at 2.2% copper and 7.6 g/t silver from 70 metres (KM0013RCD)

§  110 metres at 1.0% copper and 2.7 g/t silver from 22 metres to End of RC hole (KM0042RCD)

§  72 metres at 0.9% copper and 3.1 g/t silver from 28 metres (KM0044RC)

§  72 metres at 0.6% copper and 0.5 g/t silver from 28 metres to end of Hole (KM0045RC)

§  54 metres at 1.0% copper and 2.1 g/t silver from 48 metres end of RC hole (KM0046RCD)

§  75 metres at 2.4% copper and 5.7 g/t silver from 48 metres to end of hole (KM0050RCD)

§  34 metres at 3.4% copper and 14.7 g/t silver from 92 metres (KM0053RC)

Ø  The Cughar discovery remains open at depth and along strike.

Ø  Voyager has now sourced a third diamond core drilling rig, bringing the total number of rigs operating at KM to four.

Ø  Drilling continues at  the Cughur Discovery, with a total of  37 RC holes and 7 diamond core tails being completed.

Ø  Further analytical results from the Cughur  Discovery and extents to the higher grade chalcocite mineralisation are expected.

Link to release



"Mogi" Munkhdul Badral

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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 or +976-99996779.



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