Levon Resources Ltd.

Levon Resources Ltd.

January 29, 2008 09:00 ET

Levon Resources Ltd.: Early Holes of a 5000m Drilling Campaign at Congress, B.C. Completed, Assays Pending

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 29, 2008) - Levon Resources Ltd. (TSX VENTURE:LVN)(BERLIN:LO9)(FRANKFURT:LO9) announces that the first three holes of a 16-hole (5000m) drill program, proposed in October, 2007 have been drilled, logged, split and sampled. Samples are in the labs for gold assays and 31 element ICP analysis.

The drilling campaign is designed to test the strike and dip projections of high grade gold showings discovered in 2007 by rock chip sampling and hand trenching on the north slopes of Gun Creek canyon in a north part of the property. The drill proposal is available for review at www.levon.com.

Follow up geologic mapping and confirmation rock sampling establishes high grade gold is controlled by stockwork (network-like) quartz, stibnite, pyrite veins within igneous intrusive rocks, rather than in through-going veins which have been the focus of past exploration and underground mining at the Congress property.

Drill holes in the current campaign are laid out to test for bulk tonnage type gold deposits within the Gun Creek intrusive complex mapped in Gun Creek canyon.

The first three holes cut altered rocks of the intrusive complex and its host rocks. The intrusives, particularly in their contact zones with host rocks, are occasionally veined and contain sparse, coarse to very fine grained stibnite, an antimony sulfide mineral. Surface rock chips generally show a good correlation of Au with stibnite, but vein controlled pyrite also accounts for some of the high grade gold samples at surface. On this basis and since most of the intrusive rocks drilled are altered with abundant disseminated pyrite and at least some sparse pyrite-rich veining, the entire holes have been sampled for assay.

No wide stockwork or vein zones (greater than 10m) were cut by the early holes, but assays results are required to determine presence and geometry of gold in the holes.

Planned drilling to complete the test of the intrusive complex and the strike projections of the Lou Zone veins and the Boo Coo high grade showing will start in the second quarter of 2008.


Ron Tremblay, President

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

Contact Information

  • Levon Resources Ltd.
    Ron Tremblay
    (604) 682-3701
    (604) 682-3600 (FAX)
    Website: www.levon.com