October 2, 2006
OCTOBER 2nd, 2006, VANCOUVER, B.C. – ANDOVER VENTURES INC. (the “Company”) (AOX-TSX:V) announces its has now completed four short HQ core holes on the “Dripping Gold Zone” of its BULK GOLD project in the Nome Mining district of Alaska. Samples from the drilling are being shipped to ALS Chemex labs in Fairbanks, Alaska for analysis. The track mounted drill is being moved to the next target area of the property today.
The next target for drilling is a northeast trending, 450 meter long, gold-arsenic-antimony soil anomaly known as the “Big Pig” target zone. The only core hole drilled in the anomaly was drilled in year 2000 and encountered 48 feet (14.6m) of 0.5 grams/t gold from 12-60 feet. Geologic interpretation suggests the possible existence of a large, strata-form, bulk minable body (deposit). Two to four holes are planned to step-out from the previous drilled hole to further test the model.
Following completion of drilling at the “Big Pig” target, Andover plans to walk the drill to the northeast trending, Dorothy creek target. The Dorothy creek target is a 1000+ meter long, gold-arsenic-antimony soil anomaly with soils up to over 1 gram/t.
BULK GOLD is road accessible from Nome, Alaska, and is north of Nova Gold Resources 1M oz Rock Creek lode gold deposit.
The company is expecting the first assay results in the near term from the recently completed drill program with Full Metal Minerals (FMM – TSXV) on the Kamishak property (as announced September 14th, 2006).
The Kamishak property is located 20 kilometres west of tidewater, 440 kilometres southwest of Anchorage and approximately 80 kilometres south of Northern Dynasty's Pebble deposit. The primary target is an intrusive-related breccia pipe with iron-oxide-hosted copper-gold mineralization. A previous operator completed 17 shallow core holes in the early 1990s in one of the two breccia zones.
Marvin Mitchell, PEng, director of Andover Ventures and qualified person as defined by National Instrument 43-101, has approved the information contained in this release and is the qualified person 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
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