| ||Thu May 25, 2006|
Asia Now Resources begins underground sampling at Dongchuan Project adjacent to Boka gold deposit
| ||Asia Now Resources Corp. (TSXV: NOW) is pleased to provide an update on exploration at its Dongchuan Project in southwestern China. The Dongchuan property is bordered to the north by the Boka gold property of Southwestern Resources Inc. in northeast Yunnan Province. The Dongchuan property covers a 202-square-kilometre area in the core of the Panxi Rift where significant orogenic-type gold and Norilsk-type nickel-copper-PGE targets have been identified and are being explored by Southwestern, Newmont Mining Corporation and Inco Limited.|
Exploration at Dongchuan has focused on gold targets similar to those at Boka. Soil and bedrock sampling (a total of 10,520 samples) covering a 131--square-kilometre area has indicated a number of gold anomalies along a structural zone that extends from the Boka gold mineralization belt. The gold-anomalous area covers existing underground copper mines that have been in production for more than 50 years but were not mandated by the central government for gold production and therefore have never been explored for gold. The underground workings access copper deposits in the same stratigraphy that hosts the Boka deposit.
Assays on 512 rock-chip samples from surface outcrops and one underground working returned anomalous gold values in some samples ranging from 0.3 to 1.3 grams per tonne (g/t). Previous assays on 24 rock-chip samples also indicated anomalous gold values. Detailed geological mapping on a 3.6-square-kilometre area with gold anomalies in the north of the property indicate mineralization is clearly related to carbonaceous slate, dolomite and breccia zones that range from a few metres to over 100 metres wide.
Systematic channel sampling and structural geological mapping have started throughout the extensive underground workings in the north area of the property immediately adjacent to the Boka property. These openings provide an exceptional opportunity for a three-dimensional lithogeochemical exploration program for gold. This work is to determine the primary grade and to locate the alteration and structural zone hosting gold mineralization to a depth of 625 meters below surface. It also includes re-logging the geology of the underground workings and re-logging and sampling of some recent drill holes that were completed by the Company's joint venture partner but were not fully sampled and assayed. In addition, stream sediment sampling is planned and will start shortly to cover a larger area of 165 square kilometres at Dongchuan.
In addition to gold targets similar to Boka, the Dongchuan property has high potential for nickel-copper-PGE mineralization. Geophysical programs, geochemical sampling and geological mapping are planned for the western part of the property where outcrops of mafic and ultramafic rocks, which are favourable for nickel-copper-PGE mineralization, have been identified.
The Dongchuan Project comprises two joint ventures with separate Chinese partners, each joint venture covering adjacent properties in the Dongchuan area. The Company is earning a 75% interest in a joint venture with partner Yunnan Jinsha Mining Co. Ltd, a subsidiary of Yunnan Copper Group Co. Ltd., China's third largest copper producer, and a 72% interest in a joint venture with partner Yunnan Non-Ferrous Geology and Mineral Resources Company Limited.
Sampling, Assaying, Quality Control and Qualified Person
Details of sampling procedures and laboratory checks are provided in the NI 43-101 report filed on SEDAR. All geochemical samples are collected by experienced field exploration teams following Chinese standard procedures, and closely monitored by Company personnel. To maintain independent quality control on the laboratory, duplicate samples are submitted from 5% of sample sites, and replicate samples are submitted for 3% of samples. In addition the laboratories use an extensive range of internal standards. External check assays are routinely performed on check samples submitted by the laboratory to The National Geological Laboratory, Beijing, and independently by the Company to Ultra Trace Analytical Laboratories, Canning Vale, Western Australia.
Exploration on all of the Company's projects is conducted under the supervision of Dr. Noel C. White, a director and consultant to the Company and a Qualified Person as defined under National Instrument 43-101. Dr. White has read and approved this news release. Disclosure on mineralization on adjacent properties has not been verified by Dr. White and is not necessarily indicative of the Company's anticipated results. Where provided, potential quantity and grade is conceptual in nature as the Company has not conducted sufficient exploration to define resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.
About Asia Now Resources
Asia Now Resources Corp. is a Canadian mineral exploration company focused solely on projects in the People's Republic of China. To learn more about Asia Now, please visit out web site at www.asianow.ca.
Philip Martin, Executive Chairman
James Borland, Executive Vice President
Shares Outstanding: 48,036,988
The TSX Venture Exchange has not reviewed and does not accept responsibility for this news release.
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