XPost: alt.fan.susan-golding, alt.fr.agence-centrale-investigations,   
   alt.games.microprose.pirates-gold   
   From: tangentshadow@gmail.com   
      
   October 26, 2006 - 10:22 AM EST  	   
   	   
      
   Great West Gold, Inc. -- 'Bouse' Gold Property Assessment   
   Company Releases Data On Its 'Bouse' Gold Mining Project in Arizona   
      
   NEW YORK, Oct. 26, 2006 (PRIMEZONE) -- Great West Gold, Inc. (Pink   
   Sheets:GWGO) announced that it would be providing stockholders will more   
   detailed data on its various Mining Exploration Projects in order for   
   stockholders to gain a better insight into    
   the value of the Company. Great West Gold, Inc. confirms that the Chairman of   
   its Advisory Committee, Dr. Wayne P Colliston, is continuing with the   
   re-assessment of Great West Gold, Inc.'s Mining assets, and to that end, is   
   releasing this report,    
   compiled in August, 2004 on the 1,300 acre Bouse gold (silver -- copper)   
   property situated in the La Paz area of western Arizona, USA, near the   
   California border. Dr. Colliston is preparing an updated report on this   
   property at this time and upon its    
   completion, this report will be made available to our stockholders.   
      
   Dr. Colliston reports that the mineralising event at Bouse was a mid-Tertiary   
   epithermal event, causing complex mineralization of gold, fluorite, barite,   
   and associated metals into previous copper-specularite mineralization. The   
   prime cause was regional    
   crustal extension along the Plomosa Fault, just north of the Plomosa   
   Mountains, which has now been identified as a detachment fault. The   
   "detachment fault" style of deposit is best seen at Copperstone, the biggest   
   gold discovery in Arizona in the past 50    
   years, where 500,000 oz of gold was profitably by Cyprus Gold in the open pit   
   there. The Mesquite mine is another of this type.   
      
   Mineralization at Bouse is located primarily below the fault trace, in the   
   lower plate, in pre-Cambrian rocks older than 1 billion years. Mineralization   
   is found both in steeply dipping quartz veins and in laterally extensive   
   breccia zones. The nature of    
   these structures and associated mineralization over almost all of the 1,300   
   acres suggest further potential for major detachment fault gold deposits, and   
   other deposits associated with this style of mineralization.   
      
   The Bouse area is an historic gold producer, with the Little Butte open pit   
   and underground mines as known producers. Importantly, the historical grade   
   recovered here averaged over 0.4 oz/ton. Around 2/3 of this production was   
   from the Little Butte Mine,    
   where the Arizona Department of Mines and Mineral Resources has recorded that   
   the results of a 16-hold drilling programme showed about 5 million tons of   
   inferred ore grading between 0.05 and 0.30 oz/ton.   
      
   Others areas of interest within the Company's 1,300 acres are the Brindle   
   Claims, the high grade Arrastre Mine, the Blue Slate Mine and the Flat Fault   
   Mine.   
      
   At the gold price of approximately US$400/oz (in August 2004), this provides a   
   value estimate for the deposit in the range of up to $600 million. This   
   estimated gold resource is for the little Butte area only, and does not   
   include any potential from the    
   remainder of the property. At the current Gold price of circa US$600/oz, the   
   revised and updated valuation report being prepared by Dr Colliston, will be   
   significantly higher.   
      
   Located just north of the Plomosa Fault, The Bouse Property includes 3   
   historical mines and almost 1,300 acres of project area, with significant   
   inferred reserves of Gold, Silver and Copper. The Burnt Well Property also   
   includes an historical mine within    
   the project area which covers 640 acres which includes inferred reserves of   
   Gold, Silver and Copper.   
      
   Local Geology   
      
   Bouse Property, a Mid-Tertiary system of epithermal mineralization was   
   introduced into a stacked sequence of lithotectonic units that are located on   
   the northern side of the Plomosa Detachment Fault. Complex epithermal gold,   
   barite and fluorite    
   mineralization is superimposed on earlier copper-specularite mineralization.   
   Gold occurs in laterally extensive breccias and in steeply dipping   
   amethystine-quartz veins. Past district production (over 2/3 of which was from   
   the Little Butte Mine) averaged    
   over .4 oz/T gold. Strong likelihood of a major detachment fault associated   
   gold/copper deposit, similar to the proven and mined Copperstone and Mesquite   
   deposits. Past drilling by Tenneco, U.S. Borax and Homestake found significant   
   gold bearing    
   intervals in both the breccias and high angle structures.   
      
   Burnt Well Property, the regional geological setting is a major detachment   
   fault (called the "Bullard Detachment Fault") separating an upper plate of   
   Tertiary siltstone/sandstone and conglomerate from a lower plate of   
   Precambrian mylonitic gneiss. In the    
   vicinity of the Silver Lining Mine, the upper plate is intensely altered and   
   shattered. The sedimentary rocks on the mine dump contain hematite,   
   chrysacolla, calcite and sparse manganese oxides. Gold, Silver and Copper   
   mineralization is found in the    
   altered sedimentary rocks. The principal outcrop at the Silver Lining Mine is   
   approximately 40 to 80 meters from the detachment fault. There is a strong   
   likelihood of a major gold/copper deposit, similar to the proven and mined   
   Copperstone and Mesquite    
   deposits. The Burnt Well is a "grass roots" project that has been overlooked   
   by numerous major mining companies during the most recent exploration boom in   
   La Paz County.   
      
   Project Summary   
      
   The Bouse Project involves an important new type of Arizona gold deposit,   
   called a "detachment fault" deposit. Detachment fault deposits were first   
   recognized as a separate form of gold deposit in the 1980's. Enclosed within   
   this pack is an article by    
   noted Arizona geologist Joe Wilkins Sr., which describes the leading theory   
   about how they formed. The best example of an Arizona detachment gold deposit   
   is Copperstone, which is about 20 miles from Bouse. It was the biggest gold   
   discovery in Arizona in    
   at least 50 years. Cyprus Gold profitably mined the 500,000 oz open pit   
   resource during the 1980's. American Bonanza is presently doing underground   
   drilling. It looks like the underground high grade resource is even larger.   
   Enclosed are some materials on    
   the Copperstone for your general information on its history and American   
   Bonanza's present activities there, which are the major news in Arizona gold   
   exploration at this time. Unlike Copperstone, Bouse is an historic gold   
   producer. 5,000 ounces were    
   produced from high grade ore early in the 20th century. It was also worked as   
   an underground copper mine. Most of this production was from the Little Butte   
   Mine, which is the centrepiece of our land position.   
      
      
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