September 8, 2011 - Vancouver, B.C. Ocean Park Ventures Corp. ("Ocean Park" or the "Company") (TSXV: OCP) is pleased to announce additional high grade gold results from the Golden Range prospect, Chisna Project, Alaska. A second drill has been mobilized to the project, to accelerate the current drill program. The Golden Range is a gold-in-soil and bedrock target with 9+ kilometres of strike.
Since the Ocean Park news release dated August 18, 2011, assays from another 128 surface rock samples have been received from the Golden Range vein and vein stockwork discovery, averaging 2.48 g/t gold with a high of 35.4 g/t gold. To date, a total of 897 grab and chip sample assays have been received from the 2011 surface sampling program, across an approximately eight square kilometre area. These assays have ranged from below detection limits to 79.8 g/t gold, with an average of 1.37 g/t gold. Of these, 152 samples (16.9 percent) returned greater than 1.0 g/t gold, averaging 7.92 g/t gold. 34 samples (3.8 percent) returned greater than 10.0 g/t gold. Gold mineralization is hosted in sheeted, silicified and sulfide-bearing vein systems that range from stockworks to individual veins with thicknesses of over 20 metres. Mineralization is associated with a major structural system trending along a northwest to southeast axis, with numerous mineralized splays, secondary structures and fault-associated hydrothermal breccias.
Over 1350 metres of diamond drilling have been completed at the Golden Range prospect in 7 of 17 proposed drill holes, for which assays are pending. A second diamond drill has been mobilized to the property to follow up on encouraging surface results. Seven targets across 6 kilometres of the total 9+ kilometre strike of the Golden Range are being drill tested during the Phase 1 drill program.
Maps of drill target locations and 2011 geochemical results from the Golden Range and other targets can be found at the Company's website at www.oceanparkventures.com.
Mr. Chris Taylor, M.Sc. P.Geo, is Vice President Exploration with Ocean Park and is the Qualified Person as defined by National Instrument 43-101, who supervised the preparation of the above information.
For further information please contact Mr. Paul Matysek, M.Sc. P.Geo, Acting President and Chairman or Mr. Chris Taylor, M.Sc. P.Geo, Vice President Exploration at 604-681-0084.
OCEAN PARK VENTURES CORP.
On behalf of the Board
Paul Matysek, Acting President and Chairman
About Ocean Park Ventures
Ocean Park is a well-funded Canadian mineral exploration company working in three leading jurisdictions, with active exploration including diamond drilling underway on 3 properties. Ocean Park can earn a 70% interest through its joint venture in the Trapper Gold project, northern British Columbia, where historic work has identified a 2000+ metre by 500 metre gold-in-soil anomaly returning results as high as 19 g/t gold. The Company can also earn up to a 70% interest through its joint venture in the Chisna Gold project, south-central Alaska, where a 9+ kilometre gold-in-bedrock and soils target has been identified returning results as high as 79 g/t gold, the Golden Range. A 75% interest can be earned through its joint venture in the Adelita Copper-Gold-Silver project, Sonora, Mexico, where a 10+ square kilometer polymetallic soil anomaly having a porphyry signature includes a copper-gold-silver mineralized, drill-tested skarn.
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This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.
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