WELLINGTON, New Zealand, Feb. 8 /PRNewswire-FirstCall/ -- Guinness Exploration Inc. ('Guinness') (OTC Bulletin Board: GNXP) reported today results from initial geological analysis and project planning performed in conjunction with Coast Mountain Geological Alaska LLC ("Coast Mountain").
Guinness' Chief Geologist John Hiner said: "Coast Mountain personnel have digitized and entered a huge amount of pre-existing geological data into a GIS database and produced several surface geochemistry maps based on this data that show a large copper anomaly near and over the intrusive to the north end of the Nansen block, and displays of gold anomalies. Several gold-anomalous areas not previously investigated may be worthy of follow-up. At this early stage, what this means is that we may have established a porphyry copper target, as well as some potential gold targets."
Mr. Hiner continued: "Coast Mountain has also contacted an established site operator who has agreed to set up and manage a camp for us. Additionally, we're making arrangements with a well-established Yukon equipment operator to supply us with equipment and operators for the entire season. Our planning process is now fully underway and we expect to report further developments soon."