Mar 23, 2011
Edgewater Increases Enchi Gold Project Drill program to 35,000m
With the increased program, Edgewater will be able to drill multiple gold zones in-parallel, for the purpose of resource delineation, while reserving one rig for testing new high priority gold targets where previous drilling has been sparse or absent. These include the Eradi Gold Zone where three,+3km long gold-in-soil anomalies have been outlined by previous operators with one trench on one of the gold anomalies assaying 1.47g/t gold over 37m. Eradi has not been tested by diamond drilling. (See news release May 5th 2010 for further information on the Eradi Gold Zone.)
George Salamis, President and CEO, states; "Given the multiple kilometres of continuous, shallow gold mineralization encountered in drilling at the Boin and Nyambekyere gold zones, in addition to the untested potential of zones such as Sewum and Eradi, tripling the drill meterage to 35,000m for 2011 with 3 to 4 rigs will greatly accelerate our resource delineation and new target discovery potential."
Mr. Gregory Smith, P.Geo, the Vice-President of Exploration of the Company, is the Qualified Person as defined by NI 43-101, and is responsible for the accuracy of the technical data and information contained in this news release.
About Edgewater Exploration Ltd.
Edgewater is a mineral exploration company focused principally on acquisitions, advancement and development of precious metal properties. Edgewater is currently developing the Enchi Gold Project in Ghana, West Africa and the Corcoesto Gold Project in northwest Spain.
On behalf of the board of EDGEWATER EXPLORATION LTD.
President and CEO
For further information, please contact:
Ryan King, Vice President
Telephone: (604) 628-1012
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
You can view the Next News Releases item: Tue Mar 29, 2011, Edgewater Exploration Announces Douglas Forster as Director
You can view the Previous News Releases item: Thu Mar 17, 2011, Drilling Continues to Expand Near Surface and At Depth Gold Mineralization on Edgewater's Corcoesto Gold Project, Spain
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