Ressources Appalaches inc.
TSX VENTURE : APP

Ressources Appalaches inc.

July 14, 2010 09:50 ET

Ressources Appalaches: Geophysical Survey in Preparation of the Next Drilling Campaign

RIMOUSKI, QUEBEC--(Marketwire - July 14, 2010) - Ressources Appalaches (TSX VENTURE:APP) and StrikePoint Gold Inc. (SKP–TSXV, STKXF-OTCQX) have completed a ground magnetic survey at the Dufferin Mine project in Nova Scotia. The results of the survey will be available shortly, and will be used to more closely define the position of the anticline east of the mineralized zone, which has already been drilled over a distance of 650 metres, and where previous undergound mining has confirmed the presence of major quartz structures containing gold, extending along the axes of the folds.

The Dufferin Mine survey covers a length of 1,250 metres. The 2010 drilling campaign will begin in July and will comprise up to 5,800 metres of drilling in some 42 holes. The objective of the drilling is to confirm the gold-bearing structure to depths of 100-200 metres.

In the Dufferin Mine the gold is found in quartz veins deposited in the nose and limbs of an anticline formed in turbidites, which thus represent a "Saddle-Reef Vein" deposit. A deep drillhole in the nose of the anticline has already identified 13 stacked saddle reefs down to a depth of about 400 metres. In 2009, drilling identified values as high as 10.79 g/t Au over 10.1 metres (Press Release of 2010-06-30).

Magnetometer surveys have also been conducted in certain areas of the other properties in Nova Scotia: Chocolate Lake, Miller Lake, and Ecum Secum.

The Dufferin, Dufferin North, Chocolate Lake, Miller Lake, and Ecum Secum properties are part of a joint-venture agreement with StrikePoint Gold of Calgary (SKP TSX-V; STKXF OTCQX) which allows StrikePoint to acquire a 50% interest in all five Nova Scotia properties, including the Dufferin Mine (Press Release of 2010-06-03).

The contents of this press release were prepared by Alain Hupé, Ing., a Qualified Person as defined in NI 43-101. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts any responsibility for the adequacy or accuracy of this release.

This press release may contain certain forward-looking statements that include elements of risk and uncertainty. Consequently, actual results may differ substantially from those anticipated in such statements. These risks and uncertainties are described in the quarterly and annual reports, and in the documents submitted to the securities administration.

Contact Information

  • Ressources Appalaches Inc.
    Andre Proulx
    President
    418-724-0901
    or
    Ressources Appalaches Inc.
    Alain Hupe
    Geological Engineer
    418-724-0901
    or
    Ressources Appalaches Inc.
    Christian Guilbaud
    Investor Relations
    514-813-7862
    info@ressourcesappalaches.com