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Market: TSX-V
Sector: General Mining - Gold
EPIC: SYS
Latest Price: C$0.56  (3.70% Ascending)
52-week High: C$1.02
52-week Low: C$0.40
Market Cap: C$13.14M
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Sona Resources
sonaresources.com

Sona Resources Corp. is a junior resource company based in Vancouver, British Columbia, specializing in gold exploration, development and mining in North America. The Sona board of directors and management have decades of combined experience in the mineral exploration and mining industry, and in managing and financing junior exploration companies.

Since its inception in 1990, Sona has engaged in exploration activities at its 100 percent owned mineral properties in Canada and the United States, as well as small-scale gold production at its flagship property, the Blackdome Gold Mine, in south-central B.C. Since 2002 at its Elizabeth Gold Property, 220 kilometres north of Vancouver, Sona has completed four diamond drill programs that have outlined a 206,000-ounce inferred gold resource.

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Sona drills 22.7g/t gold over 1.2m at Elizabeth project in British Columbia

23rd Sep 2010, 8:40 am

Sona Resources (TSX-V:SYS, FSX:QS7) has released the assay results for the first six diamond drill holes from its ongoing program on the Southwest Vein of its 100% owned Elizabeth gold deposit, located in the Lillooet Mining District of southern British Columbia, intersecting 22.7g/t gold over 1.2 metres.

The 3,000-metre surface diamond drilling program, which began in early August, has been expanded, and 22 holes have now been completed, for a total of 3,351 metres.

Highlights of the drilling include intersections of 22.7g/t Au over 1.2 metres, including a 0.5 metre section of the quartz vein that assayed 39.4g/t Au, 134.5g/t Au over 0.9 metres, 7.2g/t Au over 2.0 metres and 12.5g/t Au over 2.5 metres.

“These solid results will help us expand the resource base at Elizabeth. We look forward to further outlining the deposit in the coming year, so we can move closer to a production decision,” said president and CEO John P. Thompson.

The drilling program was conducted to expand the resources on the Southwest Vein and increase confidence in them.

The new portal for the underground program on the Southwest Vein is being timbered currently, and will facilitate drifting on the vein, which is designed to move the gold resource from the inferred category to the measured and indicated categories, said the company.

In addition, the “Jewelry Box” area of the West Vein’s surface expression was also trenched and sampled. Timbers have been replaced in the Upper Portal (which was first driven in the 1950s), and the adit rehabilitated to allow for sampling of the auriferous quartz West Vein at 55 metres below surface.

As of June on the Elizabeth property, the company outlined an inferred gold resource of 522,900 tonnes, grading 12.3g/t Au and containing 206,100 ounces of gold.
 
Since its inception in 1990, Sona has engaged in exploration activities at its mineral properties in Canada and the United States, as well as small-scale gold production at its flagship property, the 100% owned Blackdome Gold Mine in south-central British Columbia, located 30 kilometres north from Elizabeth Gold.

At Blackdome, the indicated mineral resources are estimated to be 144,500 tonnes, grading 11.29g Au/t and containing 52,600 ounces of gold, and the inferred resource is estimated to be 90,600 tonnes, grading 8.79g Au/t.

The company is aiming to bring the Blackdome mill back into production over the next three years at a rate of 200 tonnes per day, with feed from the former-producing Blackdome Gold Mine and the Elizabeth Gold Property.

Sona also holds a 100% interest in two other properties: The Callaghan Project located in Nevada and The Montgolfier Project, which is located in Quebec.

The company was up 5% on Wednesday afternoon, trading at $0.75 as of 12:05pm ET on the TSX-Venture Exchange.

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