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Message: NR contractor to drill hole 10-04
Rancho Santa Margarita, CA, July 25, 2011 - Amarok Resources Inc. (OTCBB: AMOK) Amarok Resources Inc. (the "Company" or "Amarok") announces that a verbal understanding has been reached with Redcore Drilling Inc. to complete the company's current hole, AMK10-04, located on the Rodeo Creek Property, Carlin Trend, Nevada. The hole was temporarily suspended in June due to drilling difficulties, encountered in an extremely silicified portion of the highly prospective Popovich Formation at a depth of 2800 ft (see the July 6, 2011 news release for more details). Silicified Popovich Formation is one of the main hosts for gold mines along the Carlin Trend.
Redcore has successfully drilled many deep holes on the Carlin Trend, including Amarok's 2010 deep holes. Redcore's rigs are not immediately available, due to previous commitments we have been placed in the number one slot for their first available rig. We are confident that Redcore will be able to complete AMK10-4 to its projected depth of approximately 3300 ft. The Company will update shareholders once drilling begins.
The objective of AMK10-04 is to test the potential for a deep-seated high-grade auriferous structure believed to be the source of gold mineralization found at shallow depth in the nearby Flower area, where previous shallow drilling encountered numerous gold values, including 20ft grading 4.22 gm/T gold at 315ft depth in hole AMK-FZ-3, 14ft grading 2.37gm/T Au in AMK-FZ-4, and historical values ranging from 5.38 gm/T over 17ft to 29.66 gm/T over 5 ft. Upon completion of AMK10-04, drilling is expected to begin on the second hole of this phase, AMK11-05, in the southwest portion of the property. AMK11-05 is a follow up hole located southwest of the more than 400ft of silicified Popovich Formation found in AMK10-02 drilled in 2010.
The Rodeo Creek property adjoins Barrick's Storm and Arturo gold discoveries in the Northern portion of the Carlin gold (TSXV:CGD) belt which has in excess of 100 million ounces of gold production and inventory. The property lies on strike with the world class Goldstrike and Meikle mines which have gold reserves and production estimated in excess of 50 million ounces.
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