Resource World Magazine

BRO K ER 'S PI C K S Richard S a va g e Asher Resources exploring past-producing King Mine C anadian based, Asher Resources Corp. [ACN-TSXV] is a relatively new junior resource exploration company that has strategically acquired the King Mine in east-central Nevada. Asher, working to develop a North American gold resource that is attractive to potential producer-buyers, has taken the unique approach of outlining the criteria that Asher is looking for when evaluating potential acquisitions. Asher's 100% stake in the 3,700-acre King Mine, located about 95 miles south- east of Reno, was acquired in 2012. The project is on the Eastern Walker Lane structure, home to numerous gold mines. The Virginia City Comstock, Tonopah and Goldfield mines have produced over 15 million oz gold and 400 million oz silver. The Kennecott-Kinross Rawhide Mine is 10 miles to the west and the Paradise Peak Mine is 22 miles to the southeast. The King property was mined in the 1920s and, in those days, they simply highgraded the easy-to-reach ore that ran several ounces per ton. There is approximately 800 Breaking New Ground in the Labrador Trough Direct Shipping Ore: Taconite Project DSO Project A JOINT VENTURE WITH 34 www.resourceworld.com New Exploration TSX : NML www.NMLiron.com feet of historic cross cuts and shallow shafts. The level of high-grade mining in the 1920s was made evident when a recent 2-metre channel sample, taken above the main adit, ran 26 g/t gold; it was simply left behind. Today, those grades are considered to be very economic. The main gold zone, visible on the surface, appears to be 20 to 60 metres wide and can be traced for up to 1.5 km. Asher completed mapping and sampling with some of the better surface samples at 10 g/t, 9 g/t, 6.2 g/t and 5.6 g/t gold. In preparation for a drill program, on September 11, 2012, Asher announced results of an IP survey that identified a strong and large induced polarization chargeability anomaly that measures 1,200 by 450 metres and co-exists with previous sampling and mapping. Additional samples were taken, including one that assayed 55.7 g/t gold. Asher's management team has considerable experience with notable successes. The company's CEO is Richard Buzbuzian (BA), who has 15 years industry experience. He is also involved with New Dawn Mining [ND-TSX], a Zimbabwe gold producer, which added 1.2 million oz gold and $40 million market capitalization during Buzbuzian's tenure. He was also Vice President with ECU Silver, which, in 2011, merged with Golden Minerals [AUM-TSX]. The combined company is now a silver and gold producer with a market cap of $220 million. Terry Christopher, Director and Chairman of Asher, (PhD Geochemistry BSc, Geo) was previously Chief Geoscientist with Nyrait Gold, purchased by Capital Gold that has now become AuRico Gold [AUQ-TSX] through mergers. Christopher was also the Chief Geoscientist for Linear Gold, which made a substantial gold discovery in Mexico that was later sold to DECEMBER 2012/JANUARY 2013

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