VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 05/02/11 -- Gold Finder Explorations Ltd. ("Gold Finder") (TSX VENTURE: GFN) is pleased to announce that it has engaged Chenier Drilling Services Inc. to drill the Golden Rose Property.
Two diamond drill holes are planned to follow up on a chargeability anomaly identified from the recently completed downhole induced polarization survey on diamond drill hole GR10-42.
Diamond drill hole GR10-42 intersected the highest grade mineralization to date by Gold Finder. Significant assay results from GR10-42 are provided below. Lengths provided are drill intersected core lengths and do not represent true widths.
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Hole Number From (m) To (m) Length (m) Au (g/t)
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GR10-42 238.8 243.9 5.1 15.62
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including 238.8 240.9 2.1 27.68
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250.0 250.6 0.6 3.89
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255.5 256.5 1.0 3.84
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268.6 271.2 2.6 70.05
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including 268.6 269.4 0.8 26.30
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including 270.9 271.2 0.3 543.00
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Drilling is planned to commence in mid-May.
The program will be supervised by Joerg Kleinboeck, who is V.P. Exploration for Gold Finder, and the designated qualified person responsible for the preparation of this news release.
This press release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Security Exchange Act of 1934, and involves a number of risks and uncertainties. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange and the British Columbia Securities Commission. All statements, other than of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.
Contacts:
Gold Finder Explorations Ltd.
David Greenway
CEO, Director
604-689-0896 or Toll Free: 1-800-663-4567
dg@advance1.ca
www.goldfinder.ca
