03:46 PM EST - Island Arc Exploration Corp. : announced that it has successfully completed the current phase of auger drilling, geological mapping, and outcrop grab sampling at its 100%-owned Nassile Gold Project located in the Republic of Niger, West Africa. Based on fieldwork completed in 2008 and 2009, Island Arc geologists have identified at least five prospects hosting significant gold mineralization along 20 kilometres of a large regional structure. At Bamperi South, grab samples returned grades from less than 0.01 g/t gold to 132 g/t gold. Two samples from Bamperi North returned assays of 109 g/t gold and 105 g/t gold. In total, 66 of 313 grab samples collected from all five prospect areas returned assay values greater than 1.0 g/t gold. Island Arc Exploration Corp.
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