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Jay Taylor, of Face the Analyst, Interviews J. David Mason, CEO of Augen Gold Corp (TSXV:GLD) - Video posted on www.InvestmentPitch.com


June 24, 2011 - London

Vancouver, British Columbia, June 24, 2011 - Jay Taylor, Editor of J. Taylor's Gold, Energy & Tech Stocks Report, and Publisher at www.jaytaylormedia.com, interviews David Mason, CEO of Augen Gold Corp (TSXV:GLD).

 

This video is one of Jay Taylor's "Face the Analyst" series of interviews, and is available for viewing on InvestmentPitch.com. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Augen" in the search box.

 

Augen Gold Highlights

 

Augen Gold is a gold exploration company with 23,685 hectares of staked and patented mining claims in Ontario's Southern Swayze Greenstone Belt, including the formerly producing Jerome Gold Mine. The claims cover a 45-kilometre long section of the Ridout Deformation Zone, believed to be the western extension of the Kirkland Lake/Larder Lake Break. The geological setting is comparable to the major gold camps of Timmins and Kirkland Lake, and the claims contain numerous gold showings that have received very little historical exploration.

 

Augen Gold is the first company to have assembled such a coherent ground position. The company has performed a detailed airborne geophysical survey over the whole area, and its sampling program has confirmed the historically reported gold values. The correlation of many gold showings with geophysical features indicates excellent potential for the discovery of additional deposits.

 

The company recently announced the delineation of two additional SGH gold anomalies along the northwest projection of its promising new North Shore Trend, northerly of the historical Jerome Gold Mine. With the North Shore Trend and the Jerome area, these new anomalies give Augen a third gold target zone in and around Jerome. These zones are centrally located within Augen's 45-kilometre-long South Swayze Property.

 

The first, northerly, new anomaly lines up with the North Shore Trend, runs to the east and north of Jerome, and is directly to the west of where the company is currently drilling, on the north shore of Lake Opeepeesay. The second, southerly anomaly is south of the first anomaly, and lines up with the more southerly of the reported anomalies on the North Shore.

 

"The latest SGH interpretation map for gold is based on a lake sediment sample survey over the main part of Opeepeesway Lake surrounding and north of the Jerome Area, and shows two highly-rated gold SGH anomalies, centred 2.5 and 4 kilometres northwest from and along strike of several recent high-grade gold drill intersections along Augen's North Shore Trend," said J. David Mason, President and CEO of Augen Gold. "This extends, by at least 3 kilometres, the favourable potential of this trend, first recognized as a SGH gold soil anomaly northeast of Jerome, and now currently being drill-tested. Close to half of this new projection is land-based, and remains to be surveyed, as the lake is irregular in form."

 

In the five months to March 15, 2011, Augen completed 34 drill holes for 8,240 metres in the North Shore Area, immediately east to northeast of the lake sediment survey area. Since inception in October 2006, Augen Gold has raised more than $25 million for the South Swayze Project.

 

The company has retained Pinnacle Capital Markets Ltd. to develop and provide investor relations services for the Company. Pinnacle has been engaged to refine and execute an investor relations strategy that will expand Augen Gold's exposure with the North American and international investment community. Pinnacle will assist Augen Gold in fostering productive, continuing dialogues with analysts, brokers, potential investors, current shareholders and other financial professionals.

 

For more information on Augen Gold, visit their website at www.augengold.ca.

 

CONTACT:
Augen Gold Corp
J. David Mason, CEO
416-915-4231
dmason@augengold.ca

 

InvestmentPitch.com
Barry Morgan, CFO
bmorgan@investmentpitch.com





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Source: InvestmentPitch via Thomson Reuters ONE

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