Kent Exploration Inc.
TSX VENTURE : KEX
FRANKFURT : 7KX

Kent Exploration Inc.

June 23, 2011 17:14 ET

Kent Updates Alexander River Gold Project Drill Program

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 23, 2011) - Kent Exploration Inc. (TSX VENTURE:KEX)(FRANKFURT:7KX) (the "Company" or "Kent") reports that it has completed five diamond drill holes at its 2,669 ha Alexander River Gold Project, approximately 25 kilometers southeast of Reefton, West Coast, South Island, New Zealand.

Diamond drill holes (DDH) AX001 to AX005 targeted the Bruno zone that lies at the eastern end of the ENE to WSW striking segment of the pre-1943 workings. Anomalous gold was intermittently present in diamond drill hole AX005 from 210 to 254 m with the highest grades intersected averaging 2.03 g/t Au from 229 m to 230.20 m and 1.4 g/t Au from 251.25 m to 253.10 m. The hole was terminated at 274 m. Drill holes AX002 and AX003 were terminated at 220 m and 230 m respectively with no reportable results. Due to broken ground conditions, drill holes AX001 and AX004 were each abandoned approximately 20 m down hole.

Diamond Drill HoleFrom (m)To (m)Interval (m)Gold (g/t)
AX005 (TD274m)229230.201.152.03
Incl.229229.650.653.72
Incl.229.65230.200.500.34
And251.25253.101.851.40
Incl.251.25252.000.752.10
Incl.252.0253.101.100.70

The results from the diamond drill program have significantly increased understanding of mineral-controlling structures and gold distribution. It appears that mineralization in the Bruno area is concentrated along a hinge zone of a gently northeast-plunging tight anticline. DDH AX002 and AX003 have drilled beneath the gently NE-plunging ore shoot of the Bruno area and - from stratigraphic tops (facings) and other logging data - into the southeast limb of the anticline. Hole AX005 has drilled northwesterly into the opposite limb of this anticline and near the bottom of the hole has penetrated what is interpreted to be a distinctly different gold zone. Parallel gold anomalies from previous soil sampling suggest the presence of several gold zones possibly concentrated in fold hinges or along axial-planar-parallel shears or both. Gold mineralization in DDH AX005 lies beneath one of these soil anomalies. The current drilling results provide guidance for defining and targeting additional gold-bearing zones. Detailed analysis of data to develop structural modeling is underway by Senior Geologist Dr. Clay Conway and the geological team.

At the Alexander Gold Project, trenches and adits are located intermittently along a gold-mineralized trend over a strike length of approximately 1.2 km, above or within a series of pre-1943 mine workings. A less explored mineralized zone is estimated to extend north-easterly for an additional 1.3 km.

Previous and current exploration, including drilling, shows that gold mineralization extends considerably beyond the quartz veins in general association with pyrite and arsenopyrite. Historically gold was produced only from quartz veins at approximately 27.68 g/t Au (0.86 ounces/tonne).

The drilling program was a follow up of the previous work conducted by the Company in early 2010 where significant assays, as previously reported from trenching and sampling, included 3.2m at 24.6 g/t Au including 1.9m at 40.38 g/t Au (trench F), 6.4m at 6.87 g/t Au including 3.2m at 12.91 g/t Au (trench A); 8m at 10.56 g/t Au including 2.9m at 20.2 g/t Au (trench K); and 12.8m at 4.5 g/t Au including 4.1m at 9.13 g/t Au (trench M).

Alexander River Exploration Background

The 2,669-hectare Alexander River gold prospect encompasses the historic Alexander gold mine, which reportedly produced 41,091 ounces of gold from 47,726 long tons of quartz prior to closing in 1943 due to war induced labor shortages.

In 1988, CRA cleared and sampled historic trenches and adits. The project was later acquired from CRA by Macraes Mining. Based on CRA's data and limited drilling, Macraes Mining identified an auriferous halo of sulphide-hosted mineralization which exists around the early mined quartz veins with a resource potential of approximately four million tonnes grading five grams plus per tonne Au, for approximately 20,000,000 grams (643,000 ounces) of gold, as reported in a 1993 filing with Crown Minerals NZ in 1993. Subsequently, Macraes carried out mapping, rock chip sampling, and a limited amount of drilling from the Level 6 workings.

The Company advises that a qualified person has not done sufficient work to classify the historical estimates as a current mineral resource and the Company is not treating the historical estimates as a current mineral resource and the historical estimates should not be relied upon.

Kent Exploration Inc. is a junior exploration company that has acquired the Alexander River, Paparoa and Lyell gold projects in the highly prolific Reefton gold field in New Zealand and has an approximate 35% interest in, and is the controlling shareholder of, Archean Star Resources Inc, ("Archean") which is listed on the TSX Venture Exchange under the symbol ASP. Archean's wholly owned subsidiary, Archean Star Resources Australia, Pty, Ltd, ("ASRA") has an Option Agreement, subject to a 75% back in right, to earn 100% of Teck's interest in Chalice Gold Mines Limited's Gnaweeda Gold Project in West Australia.

The Company has an option to earn a 100% interest in the Silver Hills property, a silver/lead/zinc prospect in south-eastern British Columbia, The Company has a 100% interest in Coal Prospecting Permits covering approximately 92,000 ha in east-central Saskatchewan; a 100% interest in a mining lease option on the Flagstaff Mountain property, a barite-gold-silver-zinc property in eastern Washington state, having a fully permitted mine which is approved to produce up to 100,000 tons of barite per year, and a 100% interest in the mining lease option on the Ivanhoe Creek property, a Midas-style gold/silver target in Nevada's Carlin Trend, and 50% of a 100% interest in the Ivanhoe Creek placer claims covering a bentonite deposit.

This News Release has been prepared on behalf of the Kent Exploration Inc. Board of Directors, which accepts full responsibility for its contents. The content of this release has been reviewed and approved by Marvin A. Mitchell, P. Eng., a qualified person as defined by National Instrument 43-101.

ON BEHALF OF THE BOARD

Graeme O'Neill, President

Neither the TSX Venture Exchange, nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), has reviewed, nor do they accept responsibility for, the adequacy or accuracy of this news release.

Contact Information

  • Kent Exploration Inc.
    Graeme O'Neill
    President
    604-684-3395 or Toll Free: 1-866-399-6539
    1-888-282-7763 (FAX)
    www.kent-exploration.com