John H. McAdam, President of Boulder Mining Corporation (TSX V:BDR) is pleased to announce that the pitting program at the Indian River Gold project in which the Company is earning a 70% interest from Western Prospector Group (TSX V:WNP) is underway. A large backhoe will be used to dig pits at numerous locations to carefully and precisely obtain larger samples of each gold-bearing gravel formation. The gold tenor will be established by processing and physically recovering gold in a small sampling plant which is now operational. The pitting and processing will be done under the direct supervision of independent consultants who are on site.
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President of Boulder Mining Corporation (TSX V:BDR) and John Brock, President of Western Prospector Group Ltd. (TSX V:WNP) report that a drill sample from one of the holes on the Indian River Gold Project yielded a high number (1601) of gold grains. Whereas the number of gold grains is not unexpected, the form of the grains is highly unusual. Unlike typical gold grains in alluvial deposits, approximately 80% of the grains recovered and studied by Overburden Drilling Management are pristine delicate grains. Such delicate gold grains cannot survive transportation in an alluvial environment intact and so it is concluded that these gold grains are in situ. Therefore, It is believed this hole drilled into gold mineralization in the bedrock.
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