Tuesday, November 16, 2010

Daulton Capital Corp. (DUCP.OB) Confirms Hunker Property’s Exploration Potential

Daulton Capital Corp. today announced that full review of the 1,900+ grid auger soil samples obtained by Ryanwood Exploration from the Hunker property confirms the exploration potential of the property.

According to Al Doherty, P.Geo., there are three main areas that show anomalous gold in the soils:

1. The King soil sample anomaly located southwest of the Daulton option and north of the King Solomon Dome.

2. An area 8km north of the King called the mint soil target on trend with the Sheba and Mitchell gold vein showings and within the Daulton optioned claims

3. Area between the King and Mint soil targets and just southwest of the Daulton optioned claims.

The geochemical characteristics of the King and Mint targets appear to represent separate geochemical populations with different anomaly thresholds and element correlations. The King target area has overall higher anomalous values in Au, Ag, As and lower copper and nickel values then the soil anomalies in the mint target.

Deposit types

Two or more deposit types are postulated for the Hunker property:

Gold quartz veins associated with abducted ophiolite suite.

Epithermal gold mineralization related to the Eocene intrusive event (Sheba and Mitchell veins) and VMS deposits recognized elsewhere in Yukon in Tanana Terrane rocks.

The soil and rock geochemical data support all styles of mineralization.

The Crown Jewel claim block (Hunker Project), less than 15 miles S.E. of Dawson City, covers most of the upper drainages of Hunker Creek, east of Gold Bottom Creek, a main tributary of Hunker Creek. Hunker Creek was and is one of the top five most productive placer gold creeks in the Klondike gold district. It has produced some 1.9million ounces of gold since the discoveries of 1898.

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