Bison Gold Resources Inc.

Bison Gold Resources Inc.

February 24, 2011 10:41 ET

Bison Gold Resources Inc. Central Manitoba Property Update: High Grade Gold Intersections from Diamond Drilling on Ogama-Rockland Trend Confirm Depth Extension of the Ogama Zone

TORONTO, ONTARIO--(Marketwire - Feb. 24, 2011) - Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE:BGE) is pleased to announce further results from drilling on the Ogama-Rockland trend on the company's Central Manitoba Property.

Diamond drill hole OG-10-05 intersected the Ogama structure approximately 50 metres below the OG-09-07 drill hole intercept of 35.0 g/t Au over 4.73 metres. OG-10-05 intersected 17.6 g/t Au over 6.55 metres within a 25.64 metre intercept that returned assays of 5.3 g/t Au. Additionally, drill hole OG-10-05 intersected a new gold-bearing structure in the 'hangingwall' to the Ogama zone; 1.46 metres of 16.6 g/t Au. Significant results are tabulated below. The widths reported are drill intercepted core widths and not true widths.

Drill Hole Core interval(m) Width (m) Au g/t
OG-10-05 485.36 – 511.00 25.64 5.3
including 489.86 – 496.41 6.55 17.6
including 489.86 – 491.63 1.77 50.8
including 493.34 – 496.41 3.07 8.2
including 501.08 – 504.71 3.63 4.5
OG-10-05 158.29 – 159.75 1.46 16.6

"The results from OG-10-05 are very significant in the fact that not only high grade gold mineralization persists at depth but the gold-bearing structure (the Ogama zone) appears to be increasing in thickness with depth", stated David Benson P.Geo, V.P. Exploration for Bison Gold. Bison's current drilling program has evolved with the OG-10-04 and OG-10-05 high grade gold intersections and will continue to drill test depth and strike extensions of the Ogama zone away from the historical mine workings. 


Drill core was sawed, with half sent to TSL Labs in Saskatoon, SK and the other half retained for reference. Most gold analyses were done using 50g fire assay with AA finish. A gravimetric finish is employed where samples return gold values in excess of 3000 ppb. 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. Standards and blanks are inserted regularly by Bison Gold personnel in to the sample series at their core processing facility. 

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. The flagship property, Central Manitoba, is historically the 2nd largest gold producer in the prolific Rice Lake Greenstone Belt after San Gold Corp.'s Rice Lake Mining Operations. Further details can be found on Bison Gold's website at

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. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward looking statements that involve various risks. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events may differ materially from those anticipated in such statements. Bison undertakes no obligation to update such forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on such forward-looking 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
    (416) 488-2590