La Ronge Gold Corp.
TSX VENTURE : LAR

La Ronge Gold Corp.

August 10, 2011 10:14 ET

La Ronge Gold Announces "Wacke-Trend" Discovery on Greywacke Project-Commences Airborne Geophysics

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 10, 2011) - La Ronge Gold Corp. (TSX VENTURE:LAR) -

HIGHLIGHTS

  • Current mapping and prospecting has resulted in the discovery of Greywacke mineralized rocks trending for 33 kilometres.
  • Fugro Airborne Surveys begins flying a 1128 line-km Dighem EM, Mag and Resistivity survey over the prospective Wacky gold trend.
  • An ongoing aggressive program of further prospecting, stripping and sampling along this prospective gold trend to define drill targets for the 2011-2012 drilling program.

La Ronge Gold Corp. (the "Company") announces the discovery of mineralized boulders and sub-crop indicating that the "Wacke" gold trend can now be shown to extend for the entire 33 kms across the Company's Stewart River and Cuchon Bay properties in northern Saskatchewan. Please refer to location map.

This information is important as the Company seeks to confirm that its properties contain the regional extension of the gold-bearing "Wacke Trend", now up to 33 km in length with widths up to 100 m to 200 m. The mineralized Wacke Trend boulders and sub-crop consist of several specific lithologies that are host to the high-grade Greywacke deposit owned by Golden Band Resources Inc.

This recent discovery, tentatively referred to as Zone 37, has been sampled for Greywacke-style gold and zinc content. The samples have been sent to TSL Labs in Saskatoon for immediate analysis.

Company President and CEO, Rasool Mohammad, comments: "We are encouraged by the mineralization exposure on surface for the 33 km potential strike length. The Company is planning on a 2011-2012 drilling program to drill test those targets generated from the surface exploration program currently underway along with the airborne geophysical surveys."

The Company has also engaged Fugro Airborne Surveys to fly an 1128 line-km Dighem EM, Mag and Resistivity survey over the prospective Wacky gold trend to help identify drill targets under relatively thin overburden cover.

The project contains 6,415 hectares, which cover a defined 33 km long, highly prospective gold-bearing structural, stratigraphic horizon known as the "Wacke Gold Trend". The Greywacke gold trend along with more than one hundred gold showings, 12 gold deposits, and 4 producing mines is located in the La Ronge Gold belt in Northern Saskatchewan.

Companies involved in exploration in this productive belt included Placer Dome, Cameco, Shore Gold and Cominco and neighbouring Golden Band Resource, which recently commenced commercial gold production.

Geological Setting

The Greywacke gold deposit along with more than one hundred gold showings, 12 gold deposits, and 4 producing mines is situated at the contact between two regional lithological domains mapped by the Saskatchewan Geological Survey known as the "McLennan Arkose" and the "McLean Gneiss" complexes. The Cuchon Bay and Stewart River projects are located to the north and south of and along trend from the Greywacke deposit. Cameco discovered the Greywacke deposit in 1988 during regional prospecting and litho-geochem sampling. At the Greywacke deposit, gold occurs as fine native gold grains within a complex and variable sequence of sediments (arenites) and volcanic tuffs in association with minor sulphides and spalerite/gaunite minerals.

The Greywacke trend lithologies average between 100 m and 200 m in width and have a regional strike extent of greater than 50 kms. Previous geological reconnaissance work on the current claims area defined anomalous gold values up to 18.8 grams/ton Au with anomalous zinc values within a greywacke host-rock setting. Greywacke gold trend in northern Saskatchewan was left unexplored due to the lack of recognition of this unique and high potential type of gold prospect and the significant geological model that generated the Greywacke high-grade gold occurrences.

La Ronge Gold Corp. is a gold exploration company focusing on the exploration of gold projects in Canada. The company also holds other gold projects located in Ontario, Canada.

Keith Metcalfe P.Geo, P.Eng has reviewed the technical information in this news release.

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • La Ronge Gold Corp.
    Rasool Mohammad
    President & CEO
    (604) 685-2222

    La Ronge Gold Corp.
    Kevin Hull
    Investor Relations
    (604) 685-2222
    (604) 685-3764 (FAX)
    www.larongegold.com