The Company property is located northeast of Carrizozo, NM and adjacent to El Capitan Precious Metals, Inc. (ECPN OB) (http://www.elcapitanpmi.com/)
Tsukuda's field supervisors identified a belt of carbonatized and volcanics intruded by a number of porphyries as well as a strong structural trend in the area equal to that of the El Capital claim block. Geologist at Tsukuda believe that this structural zone, in combination with these altered porphyries, were crucial in the precipitation of hydrothermal gold bearing fluids that occur within these belts. The Gold Nugget has a significant portion of these structural trends located its claim block.
The entire property is being inspected by our field hands and numerous anomalies have been identified. A program of ground surveying the anomalies and reconnaissance mapping is currently underway. In addition, a program of line cutting and Mag-VLF has also started to delineate potential gold targets along the belt of ultramafics for follow-up by trenching and/or drilling.
All other recent work on Gold Nugget has focused on the VMS potential, which the Company will be providing an update on in the near future. A map of the property with potential mineral trends is currently being produced and will soon be available on the Company website.
Our Geologist has reviewed and approved the press release. C. Anderson is the qualified person for the purposes of National Instrument 43-101 reporting for the Company's Gold Nugget Property.
About Tsukuda-America Inc.
The Gold Nugget Project is easily accessible by road and is near existing mining infrastructure in the Lone Mountain Jicarilla leading gold district in New Mexico, host to numerous world-class gold and base metal deposits. The Company owns 100% of the property which covers more than 160 acres of favorable stratigraphy with potential for hosting valuable mineral deposits.
We are an exploration stage company with no revenues or operating history. We currently own a 100% undivided interest in the Gold Nugget 1 Claim located in Lincoln County, New Mexico that we call the "Gold Nugget 1." We intend to conduct mineral exploration activities on the Gold Nugget 1 in order to assess whether it contains any commercially exploitable mineral reserves.
CONTACT INFORMATION
Corporate Inquiries: Alan Reid, Investor Relations
Phone: (267) 295-2684
Email: info@seagaze.info
Website: www.tsukuda-
The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.
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