Gold Summit Corporation (TSX.V:GSM) announces additional assay results showing a higher grade, shallower gold intersection in hole MC 11. Drilled beneath the Maclean Pit, on the Monte Cristo property, the new interval is at a depth of 157 metres and averages 13.1 g/t gold over an intersected width of 3.04 metres, including 18.6 g/t over 1.5 metres.
On October 1, 2004, Gold Summit Corporation announced a gold intersection in hole MC 11, the last of the current series testing the west dipping massive quartz vein beneath the Maclean Pit on the Monte Cristo property in western Nevada. The intersection, starting at 169 metres, assays 4.9 g/t gold over 3.4 metres and represents a further extension of this very promising zone.
As previously reported, drilling will resume at the Maclean prospect in late October, using the RC rig currently onsite at our Tip Top project. Some core drilling is also planned to test this very promising vein down dip.
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Douglas R. Bowden, VP Exploration, a registered Professional Geologist in the State of Utah, is designated as the Qualified Person supervising Gold Summit’s technical work.
For further information, contact Hillary Vonich at (775) 284-7200, or visit our web site at: www.goldsummitcorp.com.
WARNING: The Company relies upon litigation protection for “forward-looking” statements.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
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