Bison Gold Resources Inc.
TSX VENTURE : BGE

Bison Gold Resources Inc.

September 27, 2010 10:05 ET

Bison Gold Resources Inc. Apex Property Update: Surface Mapping and Sampling Confirms Substantial Near Surface Gold Mineralization

TORONTO, ONTARIO--(Marketwire - Sept. 27, 2010) - Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) is pleased to announce initial results from their summer exploration program on the Apex Property located near Snow Lake, MB. To date, 161 samples have been received from the assay laboratory; of these, 88 samples returned assay values in excess of 1 g/t Au. Highlights from these initial results are tabulated below. 

Sample   Type   Easting
NAD83
ZONE 14U
  Northing
NAD83
ZONE 14U
  Au g/t   Zone   Comments
422030   Grab   448106   6075591   24.04   Apex #1   Mineralized altered granodiorite; up to 10% sulphides
422032   Grab   448093   6075612   22.22   Apex #1   Mineralized altered granodiorite; up to 10% sulphides
422049   Grab   448102   6075557   13.61   Apex #1   Sheared granodiorite with up to 5% AsPy
422080   Float   448040   6075592   6.72   Apex #2   Silicified hornblende granodiorite; 5% AsPy
422111   Grab   448029   6075595   5.93   Apex #2   Altered hornblende granodiorite; trace sulphides
422039   Float   448091   6075556   5.25   Apex #1   Surface float adjacent to historical trench
422102   Grab   448042   6075592   5.08   Apex #1   Altered hornblende granodiorite; 5% AsPy, tr Cpy
422207   Grab   448067   6075434   4.80   Apex South   Alteration halo surrounding quartz vein; 10% AsPy

***AsPy = arsenopyrite***

The summer 2010 surface field program on the Apex Property was designed to re-evaluate the Apex Deposit and surrounding potential gold-bearing structures utilizing detailed structural mapping and modern geochemical techniques. These initial results confirm an extensive near surface fracture and structurally-controlled gold mineralized system over a surface area of 7 hectares. 

"These initial results from the Apex Property are very encouraging and confirm substantial near-surface gold mineralization," stated David Benson P.Geo, V.P. Exploration for Bison Gold. "The results from the surface field program, in conjunction with the high resolution magnetics survey from 2009 and a forthcoming Induced Polarization (IP) survey will prioritize drill targets for an upcoming winter drill program. This initial phase of drilling will lay the foundation for a resource estimate on the Apex Deposit, test possible extensions along strike and at depth and test possible satellite deposits and mineralization proximal to the Apex Deposit." 

QA/QC

Rock samples are placed, marked for identification and sealed in plastic bags at the sample location in the field. They are then organized at the company's facility in Snow Lake, MB and shipped to TSL Labs in Saskatoon, SK. Gold analyses are done using a 50g fire assay with AA finish. A gravimetric finish is employed where assay values are in excess of 3000 ppb Au. Screen metallics techniques were used on samples with visible gold. TSL maintains a strict quality control program with standards, blanks and duplicates included with every sample series. As well, standards and blanks are inserted regularly by Bison Gold personnel in to the sample series. 

All exploration activities for Bison Gold are under the supervision and guidance of David C. Benson, P.Geo, and a Qualified Person under NI 43-101. Mr. Benson has reviewed the technical portions of this news release. 

About Bison Gold

Bison Gold is a Canadian public company listed on the TSX Venture Exchange. Bison Gold is focused on gold, base metal and rare element exploration with property assets in Canada. Further details can be found on Bison Gold's website at www.bisongold.com.

We seek safe harbour. This news release contains forward-looking statements regarding the timing and content of upcoming programs and may be subject to regulatory approval. Actual results may differ materially from those currently anticipated in such statements.

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.

Contact Information

  • Bison Gold Resources Inc.
    Mr. Lucas Ewart
    CEO
    (416) 488-2590