September 14, 2006
SEPTEMBER 14th, 2006, VANCOUVER, B.C. – ANDOVER VENTURES INC. (the “Company”) (AOX-TSX:V) is pleased to announce it has begun mobilization of a track-mounted core drill to its Bulk Gold property approximately 38 Km north of Nome, Alaska. Drilling is expected to commence within the next several days.
The Bulk Gold property, acquired from Altar Resources Alaska, has seven identified target areas. Initially, approximately 600 meters of HQ core diameter drilling is planned and will focus on testing two targets, the Dripping Gold zone and the Dorothy Creek zone. The Dripping Gold zone is a 450-meter long trend containing anomalous soil samples up to 5.3 g/t gold. Grab samples of silicified, arsenopyrite bearing metagranite float have returned up to 4.5 g/t gold. The host rocks are Paleozoic schist and carbonate and Mesozoic metagranite. The Dorothy Creek zone contains anomalous soil up to over 1 g/t gold and is over 1000 meters long. Host rocks are also Paleozoic schist and carbonate and Mesozoic metagranite.
The Bulk Gold property is road accessible from the city of Nome, Alaska, which has daily passenger and freight air service from Anchorage and Fairbanks. Nova Gold Resources’ 1M-ounce lode gold deposit at Rock Creek is 12 Km north of Nome and approximately 16 Km from Bulk Gold.
Marvin Mitchell, P.Eng, director of Andover Ventures Inc and qualified person as defined by National Instrument 43-101, has approved the information contained in this release and will be the Q.P. for the project.
Andover Ventures, with its experienced management team, is committed to increasing shareholder value by acquiring and exploring quality mineral properties in Alaska.
ON BEHALF OF THE BOARD
Signed “Michael England”
Michael England, President
FOR FURTHER INFORMATION PLEASE CONTACT:
Telephone: 1-604-683-3995
Facsimile: 1-604-683-3988
Contact: Michael England
The TSX Venture Exchange has not reviewed nor does it accept responsibility for the adequacy or accuracy of this press release. |