Boxxer plans airborne geophysical surveys over East Breccia
copper-molybdenum-silver property
CALGARY,
Dec. 6, 2012 /CNW/ - Boxxer Gold
Corp. (BXX-TSXV; OTC -BXXRF) ("Boxxer" or the
"Company") is pleased to announce that it has executed
contracts with Fugro Airborne Surveys ("Fugro") to complete high
resolution geophysical surveys over the East Breccia
copper-molybdenum-silver property, as well as the recently acquired
mineral claims located approximately 60 kilometres north of Sault
St Marie, Ontario.
Boxxer's President and CEO, Elmer B. Stewart, explained; "The airborne
geophysical surveys are expected to be completed before the end of
December 2012. The objective of the
airborne surveys is to identify new areas of mineralized breccia
that may have been covered with overburden, and to fully understand
the scope of the East Breccia project. The data from these surveys
will be used along with the historical and current diamond drilling
information to plan the next phase of drilling on the East Breccia
zone. The historical exploration data shows that in addition
to the East Breccia and West Breccia zones of copper
mineralization, three additional mineralized breccias were
identified by mapping completed in the late 1960's."
Airborne Surveys
Fugro has been contracted to complete a Horizontal Gradient
Magnetic survey and a Time Domain Electromagnetic survey over the
East Breccia property. A total of 540 line kilometres of
surveys are planned with a line spacing of 200 metres. Tie
lines with intervals of 2,000 meters are also planned. The
surveys are to commence immediately and are expected to be
completed before the end of December
2012.
About Boxxer Gold Corp.
Boxxer is a Canadian junior resource company involved in the
exploration of the Boss and Buena Vista copper projects in the
state of Nevada, the DOK
copper-gold porphyry property in Northwest B.C. and the East
Breccia copper-silver-molybdenum property in Ontario. Boxxer also has the Crescent
Peak gold-silver project in Nevada
and the Gordon Lake gold project located 110 kilometres north of
Yellowknife NWT, Canada.
Elmer B. Stewart,
MSc. P. Geol., President of Boxxer Gold, is the Company's nominated
Qualified Person pursuant to National Instrument 43-101, Standards
for Disclosure for Mineral Projects, and has reviewed the
information disclosed in this news release.
On behalf of the Board of Directors
Elmer B. Stewart P. Geol.
MSc.
President and CEO
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.
Forward-Looking Statements: This news
release may contain certain forward-looking information. All
statements included herein, other than statements of historical
fact, are forward-looking information and such information
involves various risks and uncertainties. There can be no assurance
that such information will prove to be accurate, and actual results
and future events could differ materially from those anticipated in
such information. There is no certainty that the proposed
surveys will be completed or that the results of the surveys would
result in the discovery of additional mineralization. For any
forward-looking information given, Management has assumed that a
standard definitive agreement can be negotiated with the Vendors
and that the results it has received and the interpretation thereof
are reliable, and has applied geological and geophysical
interpretation methodologies which are consistent with industry
standards. Although Management has a reasonable basis for the
conclusions drawn, actual results may differ materially from those
currently anticipated in such statements. A description of
additional assumptions used to develop such forward-looking
information and a description of risk factors that may cause actual
results to differ materially from forward-looking information can
be found in Boxxer's disclosure documents on the SEDAR website at
www.sedar.com. Boxxer does not undertake to update any
forward-looking information except in accordance with applicable
securities laws.
SOURCE Boxxer Gold Corp.