Asia Now Resources Corp.
TSX VENTURE : NOW

Asia Now Resources Corp.

November 27, 2013 10:56 ET

Asia Now Resources Corp. Announces 2013 Drill Results at Beiya Property, Matouwan Project

TORONTO, ONTARIO--(Marketwired - Nov. 27, 2013) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Asia Now Resources Corp. (the "Company") (TSX VENTURE:NOW) is pleased to announce results from its 2013 exploration program at the Yangjiayuan Block, Beiya Property, Matouwan Project. Significant drilling results include from hole YZK005 that returned a high grade intersection of 6.77 meters (m), from 298.93 m to 305.70 m, grading 3.18 grams per tonne ("g/t") gold ("Au"), 194 g/t Silver ("Ag"), 5.40 % Lead ("Pb"), and 0.95 % Zinc ("Zn").

The drilling results are a culmination of the 2013 exploration program. A total of 15 holes with a combined depth of 4,777.82 m have been completed with 7 holes returning significant intercepts and the remaining 8 returning no significant intercepts of mineralization. The summary results of the 15 drill holes are tabulated below.

Highlights of 2013 Yangjiayuan Block Drilling Results
Hole No. Total Depth (m) Intersection (m) Width (m) Au (g/t) Ag (g/t) Pb (%) Zn (%)
YZK302 275.34 239.08 - 242.98 3.90 4.34 186 1.19 1.74
YZK303 303.16 Trace mineralization
YZK101 302.10 Trace mineralization
YZK102 302.30 231.40 - 233.04 1.64 0.29 34 1.86 1.48
YZK103 312.83 298.46 - 306.83 8.37 0.98 149 2.85 2.57
YZK104 253.81 220.59 - 223.14 2.55 0.38 16 1.34 0.65
YZK004 344.68 322.61 - 323.71 1.10 0.07 56 1.99 3.64
YZK005 407.05 298.93 - 305.70 6.77 3.18 194 5.40 0.95
YZK006 305.01 Trace mineralization
YZK201 291.98 Trace mineralization
YZK202 377.42 Trace mineralization
YZK203 333.57 281.93 - 283.58 1.65 - 112 3.58 2.97
YZK402 300.04 Trace mineralization
YZK403 327.78 Trace mineralization
YZK404 340.75 Trace mineralization

The samples were assayed by Intertek Testing Services Ltd. (Shanghai Branch), an accredited testing laboratory with the International Accreditation Service (www.iasonline.org).

Qualified Person

Information of a technical nature in this press release has been reviewed and approved for dissemination by Mr. Brett Gunter, an independent geological consultant. Mr. Gunter is a "qualified person" within the meaning of National Instrument 43-101.

About Asia Now Resources:

Asia Now Resources Corp. is a mineral exploration company active in China since 2002. Current projects include gold, silver, copper and lead at two major projects in China. The Company currently holds an indirect 72% interest in the Beiya North Property (which can be increased to 90% at the mining development stage). The Beiya North Property consists of a joint venture with Yunnan Non-Ferrous Resources Group Company Limited. The Company is currently earning a 55.4% indirect interest in the Habo South Property (which can be increased to 88% at the mining development stage) in a second joint venture with Yunnan Gold Mining Group Corporation Limited. For more information, please visit www.asianow.ca.

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.

This news release contains certain forward-looking statements. We have tried, whenever possible, to identify these forward-looking statements using words such as "anticipates", "believes", "estimates", "expects", "plans", "intends", "potential", "may" and other similar expressions. These statements reflect our current belief and are based upon currently available information. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause ANR's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. We undertake no obligation to update or advise in the event of any change, addition or alteration to the information contained in this news release including such forward-looking statements, unless otherwise required under applicable law.

Contact Information

  • Asia Now Resources Corp.
    Julio DiGirolamo
    Chief Financial Officer
    (416) 364-7281
    www.asianow.ca