Ansell Capital Corp.
TSX VENTURE : ACP

Ansell Capital Corp.

January 26, 2012 09:00 ET

Great Bear Resources Ltd. Reports Exploration and Drill Results From the Etzel Property, Yukon

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 26, 2012) - Ansell Capital Corp. (TSX VENTURE:ACP) -

On July 14th, 2011 Ansell announced the terms of an agreement entered into with Great Bear Resources Ltd. pursuant to which Great Bear could acquire up to a 65% interest in and to the Etzel claims located adjacent to Ansell's Charlotte and Discovery Creek properties and Rockhaven Resources Ltd.'s Klaza project, near Mt. Nansen in the prolific Tintina gold belt, Yukon territory, Canada.

Great Bear has now released the result of its 2011 exploration program, these results are summarized in Great Bear's News Release also issued today. Great Bear Resources Ltd. trades on the TSX Venture Exchange under the symbol GBR.

The results as received are summarized in the table below.

Table 1: Highlights of drill results from 2011 test program. Continuity of gold mineralization is shown on the cross section below.
Etzel Drill Hole Total
Length (m
) Interval From (m ) Interval
To (m
) Interval Length (m ) Gold
g/t
Silver
g/t
ET-11-01 126.83 70.95 74.00 3.05 0.75 0.8
ET-11-02 258.61 4.15 258.61 254.46 0.19 1.9
including 13.30 15.90 2.60 1.94 11.9
including 49.70 50.80 1.10 1.05 97.0
including 98.95 100.0 1.05 1.51 5.9
Largely
Contin-
uous
Mineral-
ized
Zone
including 152.25 192.90 40.65 0.58 2.4
includes 152.25 157.70 5.45 1.25 4.1
includes 156.30 157.70 1.40 3.45 0.7
includes 163.20 172.45 9.25 0.72 3.4
includes 180.95 184.65 3.70 1.07 2.7
includes 189.15 192.90 3.75 1.00 2.6
including 204.55 205.60 1.05 1.07 2.2
including 229.50 231.00 2.50 1.11 33.2
ET-11-03 309.67 29.80 32.50 2.70 1.34 3.0
250.20 256.45 6.25 0.56 8.6
308.35 309.67 1.32 2.55 0.9

On behalf of the Board of Directors

Jevin Werbes, President

Ansell Capital Corp.

For further information, please visit the website at www.ansellcapital.com to view the Company's profile.

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

  • Ansell Capital Corp.
    Mr. Jevin Werbes
    President
    604-921-1810
    604-921-1898 (FAX)
    www.ansellcapital.com

    Great Bear Resources Ltd.
    Mr. Chris Taylor, P.Geo
    President
    604-681-0037