La Ronge Gold Corp.: Diamond Drilling Program to Commence At

La Ronge Gold Corp.: Diamond Drilling Program to Commence At Preview
SW Deposit, Saskatchewan 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/07/13 -- La Ronge
Gold Corp. (TSX VENTURE:LAR) 
La Ronge Gold Corp is pleased to announce that a diamond drilling
program will be commencing shortly at the Preview SW deposit located
in north-central Saskatchewan. The company is planning a 7,000 meters
(m) drilling campaign on its La Ronge gold projects in Saskatchewan
in 2013. The objectives of the drilling campaigns are to increase the
recently announced gold resources at the Preview SW deposit, and
evaluating other prospects.  
As reported in a News Release dated December 3, 2012, the Preview SW
deposit hosts mineral resources as summarized in the table below
using the base case estimate at a gold cut-off grade (COG) of 0.5
grams/tonne gold (g/t Au): 


 
----------------------------------------------------------------------------
                          Preview SW Gold Resources                         
----------------------------------------------------------------------------
                                                                Contained oz
Category                      COG g/t Au      Tonnes      Au g/t          Au
----------------------------------------------------------------------------
----------------------------------------------------------------------------
INDICATED                            0.5   1,958,400        2.12     138,100
INFERRED                             0.5   3,714,600        2.09     257,300
----------------------------------------------------------------------------

 
The technical report summarizing this resource estimation has been
submitted to SEDAR. One of the report's specific recommendations is
to "Carry out additional in-fill and definition drilling to define
the extent of the Preview SW mineralized zones. There is presently a
lack of shallow drill holes near the north and south limits of the
resource model." The Preview SW deposit is clearly open at depth and
in both directions along strike. 
Rasool Mohammad the company's President and CEO comments "The
potential to add more gold ounces to our existing gold resources is
significantly high. The geological and structural setting, the
geophysical signature
 and the presence of gold mineralization in
historical drill holes indicate the presence of a prospective
corridor with a potential strike length of over 5,000 meters." 
The Preview SW deposit was discovered by SMDC, the predecessor
company of Cameco Corp, in the late 1980's. Structurally controlled
mesothermal lode gold is hosted in silicified zones spatially related
to quartz veins in a sheared dioritic-gabbroic intrusion and is
associated with sulphides. The zone of sheared diorite-gabbro sills
extends for 5200 m in a northeast-southwest direction across the
property and reaches approximately 200 m in width, and a number of
zones of gold mineralization including the Preview SW deposit are
hosted in this setting. Several sub-parallel northeast-trending shear
zones, totalling 150 m in width, make up the Preview SW deposit, and
these zones contain swarms of narrow quartz veins that bifurcate and
merge. The en echelon 1 to 10 m-wide shear structures are persistent
at depth and often merge in that direction too. The results of
Cameco's and the most recent drilling indicate that gold
mineralization is open in both directions along strike and down dip.
The Company's recent drilling also indicates that high grade gold
mineralization is also locally present in felsic volcanic rocks that
surround the diorite intrusion. 
The initial resource estimate was conducted by GeoSim Services Inc.
Ronald G. Simpson, P. Geo. of GeoSim, is the Qualified Person as
defined under National Instrument 43-101 responsible for the resource
estimates. Gordon Davidson, P. Geol., VP Exploration for La Ronge
Gold is a "qualified person" for the purposes of National Instrument
43-101, and has verified the non-resource information disclosed in
this news release. The technical report discussing this resource
estimation has been filed with SEDAR and is available for viewing.  
The Company would also like to report that Gary Freeman has stepped
down from The Board of Directors in order to pursue personal
interests. The Board wishes to thank Gary for his contributions to
the Company, and wishes him well in his future endeavours. 
About La Ronge Gold Corp. 
La Ronge Gold is a Vancouver-based rapidly advancing gold-resource
growth and development company, focused on the expansion of
high-grade gold deposits in one of Canada's emerging gold producing
regions, the La Ronge Gold Belt, northern Saskatchewan. The Company
has significant land positions (52,932 Ha. or 131,000 acres) in the
region. The Company also holds other gold projects located in
Ontario, Canada.  
Phone: Email:  
FORWARD-LOOKING INFORMATION 
This News Release includes forward-looking information and
statements, which may include, but are not limited to, information
and statements regarding or inferring the future business,
operations, financial performance, prospects and other plans,
intentions, expectations, estimates, and beliefs of the Company.
Information and statements which are not purely historical fact are
forward-looking statements. Forward-looking information and
statements involve and are subject to assumptions and known and
unknown risks, uncertainties, and other factors which may cause
actual events, results, performance, or achievements of the Company
to be materially different from future events, results, performance,
and achievements expressed or implied by forward-looking information
and statements herein. Although the Company believes that any
forward-looking information and statements herein are reasonable, in
light of the use of assumptions and the significant risks and
uncertainties inherent in such information and statements, there can
be no assurance that any such forward-looking information and
statements will prove to be accurate, and accordingly readers are
advised to rely on their own evaluation of such risks and
uncertainties and should not place undue reliance upon such
forward-looking information and statements. Any forward-looking
information and statements herein are made as of the date hereof, and
the Company assumes no obligation and disclaims any intention to
update or revise any forward-looking information and statements
herein, or to update the reasons that actual events or results could
or do differ from those projected in any forward-looking information
and statements herein, whether as a result of new information, future
events or results, or otherwise. 
Neither 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. 
Contacts:
La Ronge Gold Corp.
Rasool Mohammad, B.Sc. (Mining),
President & CEO
(604) 639-4533
info@larongegold.com
www.larongegold.com
 
 
Press spacebar to pause and continue. Press esc to stop.