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Smash Minerals Corp. Completes Updated Technical Report
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2011) - Smash Minerals Corp. (TSX VENTURE:SSH) ("Smash" or the "Company") announces the completion and filing on SEDAR of an updated National Instrument 43-101 technical report for its Whiskey Property dated effective December 12, 2011 (prepared by Revelation Geoscience Ltd.) (the "Report").
The Report incorporates the results of the Company's 2011 exploration program most recently reported in the Company's news release of October 20, 2011.
The Company executed an extensive multi-phase, multi-disciplinary exploration program from May to October 2011. Work conducted on the Whiskey Property included: property-scale geological mapping and structural studies; prospect and local-scale mapping and prospecting; collection of 1,819 grab rock samples; collection of 19,511 soil samples including ridge-and-spur and grid soil samples; on-site XRF analysis of all grid soil samples collected; a two-phase stream sediment sampling program focusing on all catchment areas within the Whiskey Property to a maximum of 20 square kilometres; airborne magnetic and radiometric geophysical survey covering the entire property; mechanized trenching covering 2,500 line-metres over 83 trenches and collection of 1,295 channel samples, including trench reclamation; and a diamond drill program consisting of eight holes totalling 1,665.9 metres. The 2011 exploration program has confirmed the presence of gold and silver mineralization in bedrock on the Property.
The Report recommends a program of exploration for continued assessment of Smash's Whiskey Property entailing an expenditure of up to $3 million in 2012. The principal objective of the recommended 2012 program is drill testing of high priority targets located within an interpreted structurally controlled hydrothermal system centered in the north eastern portion of the Property. Mid-summer season diamond drilling should commence at the Highland Park, Stranahan's and Tullamore Dew targets once sufficient surface trenching and detailed geological mapping have been completed to allow for drill targeting.
Smash Minerals CEO Adrian Fleming commented, "The objective of the 2011 field program was to systematically assess the entire 4,177 claim property which extends over 60 kilometres and within which there had been no previous systematic exploration. The fact that Smash's technical team achieved this objective, defined targets that were drill tested and defined additional targets that have warrant drill testing is a testament to their ability, enthusiasm and hard work. We eagerly look forward to the 2012 field program and the results of additional drilling."
Phil Smerchanski, P.Geo., Principal Consultant, Revelation Geoscience Ltd. is a Qualified Person and has reviewed the technical content of this press release.
The technical report, additional information on the Whiskey Property and maps displaying Smash Minerals' results to date and the identified drill targets can be viewed on the company website at Home - Smash Minerals.
ON BEHALF OF THE BOARD
Adrian W. Fleming, CEO and Director
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2011) - Smash Minerals Corp. (TSX VENTURE:SSH) ("Smash" or the "Company") announces the completion and filing on SEDAR of an updated National Instrument 43-101 technical report for its Whiskey Property dated effective December 12, 2011 (prepared by Revelation Geoscience Ltd.) (the "Report").
The Report incorporates the results of the Company's 2011 exploration program most recently reported in the Company's news release of October 20, 2011.
The Company executed an extensive multi-phase, multi-disciplinary exploration program from May to October 2011. Work conducted on the Whiskey Property included: property-scale geological mapping and structural studies; prospect and local-scale mapping and prospecting; collection of 1,819 grab rock samples; collection of 19,511 soil samples including ridge-and-spur and grid soil samples; on-site XRF analysis of all grid soil samples collected; a two-phase stream sediment sampling program focusing on all catchment areas within the Whiskey Property to a maximum of 20 square kilometres; airborne magnetic and radiometric geophysical survey covering the entire property; mechanized trenching covering 2,500 line-metres over 83 trenches and collection of 1,295 channel samples, including trench reclamation; and a diamond drill program consisting of eight holes totalling 1,665.9 metres. The 2011 exploration program has confirmed the presence of gold and silver mineralization in bedrock on the Property.
The Report recommends a program of exploration for continued assessment of Smash's Whiskey Property entailing an expenditure of up to $3 million in 2012. The principal objective of the recommended 2012 program is drill testing of high priority targets located within an interpreted structurally controlled hydrothermal system centered in the north eastern portion of the Property. Mid-summer season diamond drilling should commence at the Highland Park, Stranahan's and Tullamore Dew targets once sufficient surface trenching and detailed geological mapping have been completed to allow for drill targeting.
Smash Minerals CEO Adrian Fleming commented, "The objective of the 2011 field program was to systematically assess the entire 4,177 claim property which extends over 60 kilometres and within which there had been no previous systematic exploration. The fact that Smash's technical team achieved this objective, defined targets that were drill tested and defined additional targets that have warrant drill testing is a testament to their ability, enthusiasm and hard work. We eagerly look forward to the 2012 field program and the results of additional drilling."
Phil Smerchanski, P.Geo., Principal Consultant, Revelation Geoscience Ltd. is a Qualified Person and has reviewed the technical content of this press release.
The technical report, additional information on the Whiskey Property and maps displaying Smash Minerals' results to date and the identified drill targets can be viewed on the company website at Home - Smash Minerals.
ON BEHALF OF THE BOARD
Adrian W. Fleming, CEO and Director
