Drilling Commenced on Boxxer's DOK Property

  • Thursday, July 17, 2014
  • Source:ferro-alloys.com

  • Keywords:FeMo ferromoly moly concentrates moly oxide
[Fellow]Boxxer Gold Corp. (TSX VENTURE: BXX) (PINKSHEETS: BXXRF) (the "Company", or "Boxxer") is pleased to announce that Continental Precious Minerals ("Continental") has commenced the 2014 diamond drill (2,000 metre - 3 holes) program on Boxxer's DOK Property in nor...

Boxxer Gold Corp. (TSX VENTURE: BXX) (PINKSHEETS: BXXRF) (the "Company", or "Boxxer") is pleased to announce that Continental Precious Minerals ("Continental") has commenced the 2014 diamond drill (2,000 metre - 3 holes) program on Boxxer's DOK Property in northwest BC as part of the previously announced option agreement. The option agreement allows Continental the right to earn up to a 75% interest in the DOK Property if certain conditions are met (see Press Release on April 14, 2014).

The drill program will target two distinct coincident soil and geophysical anomalies hosted in altered and mineralized volcanic and intrusive rocks. The three proposed holes will be drilled to a depth of approximately 600 metres.

Mr. Jason Riley, CEO of Boxxer, stated, "We are excited to have commenced the drilling program to test the depth extent of the mineralization exposed on surface. The large dimensions of the targets combined with the mineralization, alteration, geophysical signatures, host rocks and historical exploration results are encouraging and suggest the presence of a porphyry copper system on the DOK project."

  • [Editor:Mango]

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