Cliffmont drills significant gold discovery at La Julia of 10.5 metres averaging 5.90 g/t gold and 3.33 g/t silver of shallow mineralization at San Lu
Friday, Jan 18, 2013
VANCOUVER, Jan. 17, 2013 /CNW/ - Cliffmont Resources Ltd. (TSX-V - CMO) ("Cliffmont" or the "Company") is pleased to announce drill results for holes SLD-17 and SLD-18 (373 metres) from the 2012 drill program on the San Luis Project in Huila Department, Colombia. The 2012 drill program was the first ever undertaken on the San Luis project.
"We are delighted with the new gold-silver discovery at La Julia. The
mineralization occurs at very shallow depths, possibly in the sub crop, and is open in all directions. This discovery at La Julia is a testament to the untested potential at the San Luis Project," said Jeff Tindale President and CEO.
Cliffmont is currently conducting a large soil sampling program over La Julia prospect to trace the new discovery and to identify new drill targets for the next phase of drilling. The mineralization is open along strike and to depth. The intersections in SLD-17 and SLD-18 indicate a previously unknown area of shallow gold-silver mineralization of significant grade.
The Company's strategy is to further define the La Julia target and to test for continuity of mineralization below past-producing mines. The Company's plan includes blocking out and evaluating mineralization to explore the possibilitiesof a near-term production decision while continuing to explore and evaluate numerous other larger areas of wider mineralization. The San Jorge prospect has two exploitation contract concessions and is the first area for advanced development work in the extensive San Luis project area.
To view all maps and figures please visit the Company's website atwww.cliffmontresources.com
Drill core samples were analyzed by ALS Chemex Labs Ltd., an ISO 9001:2000 certified laboratory. Cliffmont maintains a QAQC program whereby standard samples and blanks were inserted into each batch of samples to ensure quality control.
Kieran Downes, P. Geo., a Qualified Person as defined by National Instrument 43-101, has reviewed and verified the technical information provided in this release.
About Cliffmont Resources:
Cliffmont Resources Ltd. (TSX-V:CMO) is a Vancouver-based company focused on the exploration of precious and base metals in Colombia's prolific San Luis mining district. The Company has a 100% option in the San Luis Project, comprising 2,701 hectares, including an exploitation concession located on the Eastern flank of the Central Cordillera of Colombia within the Department of Huila. As a well-funded first mover in one of Colombia's most prolific under-developed gold districts, the Company is conducting an aggressive and focused exploration program. The San Luis Project consists of a 7km x 3km mineralized area that spans hosting epithermal gold and silver targets, including multiple past producing gold mines.
SOURCE Cliffmont Resources Ltd.