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| | Wed Nov 12, 2003
Firestone Ventures Announces Gold Discovery on Four Corners Property, Yukon
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| | VANCOUVER, Nov 12/CNW - Firestone Ventures Inc. (FV:TSX-VEN) is pleased to announce the discovery of a gold showing on the Four Corners property, Finlayson Lake area, Yukon Territory, Canada. The showing was discovered during the course of Firestone Venture's exploration program for emeralds. A representative chip sample across two siliceous grayish green boulders each measuring 70 cm in diameter returned 4.28 g/t gold, 2.64 g/t silver, 513 ppm nickel, 954 ppm chromium, and elevated arsenic and antimony values. Ten soil samples collected in the immediate vicinity of the siliceous alteration zone returned 10 to 83 ppb gold. The gold showing occurs as a one to three meter wide concentration of gray green silica within an 8 m wide talus train mainly comprised of white quartz-flooded material. The talus train extends for 100 m and is hosted within Devonian chlorite schist.
Seven other soil samples were analyzed from areas outside the gold showing. The highest value obtained was 591 ppb gold from a sample taken 1000 m northeast of the gold showing.
Analytical work was completed by ALS Chemex Ltd. in North Vancouver, British Columbia. Bill Wengzynowski, P. Eng. and President of Archer, Cathro & Associates (1981) Limited is the designated qualified person, as defined by National Instrument 43-101, responsible for the exploration program on the Four Corners property. He has reviewed the contents of this release.
On behalf of the Board
"Dr. Ken Powell"
Chairman and President
For further information please contact Jim Porter, Chief Financial Officer and Director at (604) 681-6638 or jimporter@telus.net. Also see http://www.firestoneventures.com
THE TSX VENTURE EXCHANGE HAS IN NO WAY PASSED UPON THE MERITS OF THE CONTENTS AND HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENT OF THIS RELEASE. THE COMPANY RELIES ON LITIGATION PROTECTION FOR FORWARD-LOOKING STATEMENTS. |
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