Tuffnell Ltd. Announces Drilling at Its Advanced Gold Project in Arizona
LONDON, July 7 /PRNewswire-FirstCall/ -- Tuffnell Ltd. (Tuffnell or "the Company") (OTC Bulletin Board: TUFF) is pleased to announce that it has commenced drilling at its 1560 acre Little Butte Gold Property located in the north-west area of the State of Arizona in the world famous gold producing Walker Lane Gold Trend. The Walker Lane gold belt has historically produced over 50 million oz of gold and 400 million oz of silver.
Tuffnell holds a 100% option to 73 unpatented mining claims and 5 patented claims. In the past several months, Tuffnell has integrated all of its recently obtained geophysical and geochemical information in order to develop specific target models that place past prospective intercepts into a coherent model. The drilling program in the range of 5,000 feet total, focuses on eleven primary target areas. Please see the company website for further details of the program.
Mr. George Dory, Tuffnell's President states, "I have recently returned from a full site inspection at Little Butte and believe more than ever that this is a valuable property which we will aggressively explore to exploit its full potential. We plan on being very busy over the next few months and will be reporting to our shareholders as soon as we are able. We wish to advise our shareholders that in the next few days we will be updating the web site and encourage investors to visit us at www.tuffex.com and request an Investor Package which will be available in PDF format.
About The Company
Tuffnell Ltd. (OTC BB: TUFF) is a mineral exploration company focused on maximizing returns for its shareholders by exploring and developing low-cost gold assets in proven mining districts. With a focus primarily on the State of Arizona, Tuffnell Exploration has put together a team of highly qualified, strongly motivated individuals with the experience required to advance our corporate vision. Based on geological potential, infrastructure proximity, and previously undertaken exploration, Tuffnell Exploration selects properties of merit so as to provide its shareholders with the highest probability of success. The company's main property, known as Little Butte, is located in La Paz county Arizona and has previous exploration history indicating that resources are present and the prospect for economic recovery of gold support management's decision to proceed with further exploration. Little Butte lies in the historic Plomosa District, 20 miles north of the town Quartzite, Arizona and approximately 150 miles southeast of Las Vegas, Nevada. Based solely on historical records and drilling data from the former claim holder, the Company believes its property has the potential to host up to 1.0 million oz of gold. Little Butte is located in the world famous Walker Lane Gold Trend. The Walker Lane gold belt has historically produced over 50 million oz of gold and 400 million oz of silver.
Disclaimer: This announcement may contain forward-looking statements which involve risks and uncertainties that include, among others, limited operating history, limited access to operating capital, factors detailed in the accuracy of geological and geophysical results including drilling and assay reports; the ability to close the acquisition of mineral exploration properties, and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. More information is included in the company's filings with the Securities and Exchange Commission, and may be accessed through the SEC's website at http://www.sec.gov.
CONTACT: Investor Relations 1-800-459-0794
SOURCE Tuffnell Ltd.
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