CLAIM STAKING PROGRAM AT TRUE BLUE REE TRIPLES PROPERTY SIZE Airborne Survey and Extensive Sampling Initiated
TGX:TSX-V
MEDIA RELEASE
CLAIM STAKING PROGRAM AT TRUE BLUE REE TRIPLES PROPERTY SIZE Airborne Survey and Extensive Sampling Initiated
July 20, 2010 -. True North Gems (TGX:TSX-V) is pleased to announce that they have received an update from Great Western Minerals Group (GWMG) regarding the Rare Earth Element (“REE”) exploration program resulting in a tripling in size of the True Blue Property located 55 km south of Ross River, Yukon.
Under the terms of the Option Agreement with True North Gems Inc. (“TGX”), GWMG has an option to acquire up to a 65% working interest in TGX’s True Blue property and Area of Interest in exchange for carrying TGX through to completion of a bankable feasibility study. GWMG is managing the exploration program.
During the first month the exploration program work has progressed as follows:
- GWMG staked an additional 207 claims to cover the entire host syenite and its metamorphic aureole which encompasses most of the Area of Influence. The total claim holding for the Option Agreement is now 301 claims.
- Stream sediment samples have been collected at the base of the mountains from all active streams that drain the old and new claim blocks.
- Chip sampling and soil sampling along talus slopes below reported mineralization is ongoing. These samples have been collected below the Shark Bowl, Gill, Fin, Garnet Allanite (Camp or Ukon #5,), Ukon #1, Ukon #3, Ukon #4, Ukon #8, Ukon REE #1, Ukon REE #2, Ukon REE #3 and Verley Showings.
- Prospecting and geological mapping of the known showings is ongoing.
- The stream, soil and rock geochemical samples have been shipped for analysis to Acme Labs in Whitehorse and the results are expected by early August.
- New Sense Geophysics Ltd. has initiated a 970 kilometer helicopter-borne aeromagnetic and spectrometric survey.
John Pearson, Vice-President, Exploration with Great Western Minerals Group said, “The Airborne geophysical survey and the stream sediment and heavy mineral concentrate samples will allow us to identify new areas of mineralization while the prospecting, geology and soil surveys will aid in delineating and evaluating the known zones of mineralization. We expect to have the first set of geochemical analysis back in early August which will allow us time to follow up any new anomalies.”
John Pearson, MSc, PGeo, Vice-President Exploration for GWMG, is the qualified person responsible for reviewing the contents of this news release.
For further information, contact:
Nicholas Houghton, - or - Ken Shortt, President and CEO Investor Relations
Telephone: 604-687-8055 or 1-800-399-8055 Visit our website: www.truenorthgems.com Email: [email protected]
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release. The Company relies on litigation protection for "forward-looking" statements. Certain technical information contained within this press release is 43-101 non-compliant by virtue of the fact that National Instrument 43-101which governs public disclosure of technical information for mineral exploration properties in Canada is silent with respect to the exploration and technical disclosure of gemstone properties. The company employs high standards for the collection of geological information and exploration data, employs industry recognized professionals as qualified persons to provide oversight and management of the exploration programs and is committed to the implementation of QA/QC protocols to monitor the integrity of the technical information.