Saturday, April 9, 2011

NQ Exploration Inc./Carheil Project: Silver Zones Confirmed and GOLD-SILVER Zone Discovered at Depth






NEWS: NQ Exploration Inc.  (TSX-V: NQE)

NQ Exploration Inc./Carheil Project: Silver Zones Confirmed and GOLD-SILVER Zone Discovered at Depth

LAVAL, QUEBEC--(Marketwire - April 7, 2011) - NQ Exploration Inc. (TSX VENTURE:NQE) is pleased to report new drill results for the exploration program on its Carheil project, along with the discovery of a gold-rich zone at a vertical depth of 600 metres that returned up to 11.75 g/t gold.

NQ Exploration has just received the results of holes CA2011-012 and CA2011-13, the third and fourth holes of its drilling program, which confirm the continuity of the silver zones. The highlight of these results is the discovery of a new gold zone with associated silver and zinc in Hole CA2011-013, which had the deepest pierce point drilled on the property. This is a gold-rich zone almost 50 metres long that contains a 14-metre section grading 2.06 g/t Au, 20.3 g/t Ag and 0.3% Zn, including a higher-grade section of 3.74 g/t Au, 38.8 g/t Ag and 0.5% Zn over 6.2 metres (all significant grades are shown in a table). This intersection is associated with a strongly silicified rhyolite tuff within the hydrothermal alteration chimney containing the silver zones, but more toward the centre of the chimney. Hole CA2010-09, drilled last year, already indicated gold enrichment in this area, with a grade of 2.55 g/t Au, 15.5 g/t Ag and 1.08% Zn over 2 metres (see longitudinal and cross sections)..


NQ EXPLORATION INC.
NQ Exploration Inc. is a new mining exploration company with a solid portfolio of 11 mining properties in the James Bay and Abitibi regions of Quebec. NQ Exploration Inc. is betting on Quebec's excellent mineral potential and favourable investment climate to produce new world-class gold and base metal deposits.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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1 comment:

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