Marysville, Mt. July 10, 2003 -- GMRV is pleased to announce that it recently expanded its land holdings in the Marysville Mining District by staking the Golden Daisy Lode. The Golden Daisy Lode is located between the Belmont and the Piegan-Gloster Mines and was apparently first staked in 1948. The mine workings consist of one caved tunnel and shaft, along with numerous surface pits and trenches on the vein.
GMRV first visited the site in 1998, but it the area was staked by another group. Later, assays were taken and returned 0.24 to 1.30 opt gold. The vein is located in the Marysville Stock, a part of the Butte Batholith, and most likely formed during cooling. The mineralized zone appears to be around 3 feet wide, with quartz and heavy limonite. Numerous prospect pits dot the area.
GMRV plans to reopen a couple of the prospect pits by hand next spring to facilitate futher sampling. Two 5-gallon bucket samples were taken this fall for gravity testing.
For more information on the Golden Daisy Lode or GMRV, please contact:
GMRV
P.O. Box 236
Marysville, Mt. 59640
Ph/Fax (206)350-4701
Marysville, Mt. July 10, 2003 -- Ashington Mining Co. recently completed a ground mag. survey for GMRV and TGR-MT on its copper project in the Marysville Mining District. The survey, completed in June, verified the known copper mineralized zone and identify its continuation to the southeast.
A number of old dozer cuts expose copper bearing veins, porphyry dikes, and wall rock. The TJ&M Adit, 750 feet south of the dozer cuts, intersected and drifted on two small copper bearing veins. Mr. Alan Gilda, Mine Engineer, noted that there may be a good potential for a mid-sized copper porphyry deposit underlaying the area. The Empire Formation sits about 300 feet above the Belmont Porphyry Pluton. Copper mineralization is believed to have originated from the pluton.
GMRV and TGR-MT are currently evaluating a short-hole drilling program for fall 2003 or spring 2004 to evaluate its near surface values. A deep-hole drilling program will be conductd when adequate funding is secured.
For more information on the TJ&Morris Project or GMRV, please contact:
GMRV
P.O. Box 236
Marysville, Mt. 59640
Ph/Fax (206)350-4701
Marysville, Mt. June 14, 2003 -- GMRV completed two days of excavation on the Kelly-West claim trying to locate the copper/silver vein for Ashington Mining Co, Idaho. Three tons of copper/silver bearing dump material was stockpiled for metalurgical testing during the project.
Even though bedrock was exposed in most of the shaft area, the vein which yielded the material on the dump has not been located. Ashington plans to spend one more day to try to locate the veins source(s). Samples taken during the excavations of the float and dump material yielded 15-40 opt Silver, 0.05-0.12 opt Gold, and 1-3% copper.
For more information on the Kelly-West or GMRV, please contact:
GMRV
P.O. Box 236
Marysville, Mt. 59640
Ph/Fax (206)350-4701
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