Archive for category Drill Results

International Wayside Gold Mines Ltd.: Drill Program Discovers 250 Foot Replacement Style Mineralized Zone

International Wayside Gold Mines Ltd. has returned results of 10 surface diamond drill holes totalling 1,761.2 metres (5,778.0 feet) on the Goldfinch zone, 700 feet mine grid west of the proposed Bonanza Ledge mine on Barkerville Mountain, with some encouraging gold values. Details of a new phase of drilling at Barkerville Mountain beginning July 6, 2009, are forthcoming.

Targeting a Bonanza Ledge-style of pyrite replacement gold mineralization, the drill program was designed using geo-statistics or geo-mathematics, which comprehensively considers geology (lithology, structure, alteration and mineralization), geochemistry (soil anomalies) and geophysics (IP, SP and magnetic surveys), on and between the Goldfinch and Bonanza Ledge zones at Barkerville Mountain. Comparisons of the two zones show their similarity is over 98 per cent.

Most of the drill holes successfully intercepted fine-grained pyrite replacement zones in the Lowhee unit, which hosts the Bonanza Ledge gold deposit. The drill results prove that large, replacement-style, mineralized zones containing high-grade, fine-grained pyrite up to 250 feet thick exist in the Goldfinch zone. A geological evaluation is under way due to the fact that not all of the pyrite replacement bodies carry gold.

An additional purpose of the drilling program is to have a better understanding of the geology at depth, the relationship between the gold mineralization zone and the pyrite replacement mineralization, pyrrhotite halo and fuchsite alteration, and the mineralization intensity at depth. In order to realize this, three long drill holes up to 356.0 metres (1,168 feet) each were conducted.

Further drilling will take place between the Lowhee fault and Goldfinch fault in the coming exploration season, targeting Bonanza Ledge- and quartz-vein-style of gold mineralization. This area has approximately the same geological setting as that of a Bonanza Ledge gold deposit.

 

                       SURFACE DRILL RESULTS

No. DDH      Depth   From     To      Width                Au            Ag
             (feet)      feet      feet    m         g/t          oz/t  g/t

1 BC08-01    516.0   26.0   36.0   10.0  3.0  0.24 (0.28) 0.007 (0.008) N/S
                                                      (i)
                     36.0   40.3    4.3  1.3  2.24 (2.44) 0.065 (0.071)
                     46.0   55.6    9.6  2.9     0.15         0.004
                     55.6   60.2    4.6  1.4  0.66 (0.67) 0.019 (0.020)
                     66.0   69.0    3.0  0.9     0.42         0.012
                     87.0   88.2    1.2  0.4  1.27 (1.37) 0.037 (0.040)
                    184.3  186.0    1.7  0.5           N/S (i)          1.4
                    332.5  333.6    1.1  0.3                            1.0
                    386.0  387.7    1.7  0.5     0.10           0.0     N/S
2 BC08-02    456.0   12.9   29.1   16.2  4.9     0.15         0.005     N/S
                                                 (iii)         (iii)
                     29.1   30.1    1.0  0.3  34.3 (35.8) 1.000 (1.044) 1.2
                     30.1   39.7    9.6  2.9     0.15         0.004     N/S
                                                 (iii)         (iii)
                     39.7   41.4    1.7  0.5  1.24 (1.28) 0.036 (0.037) N/S
                     41.4   57.5   16.1  4.9     0.14         0.004     N/S
                                                 (iii)         (iii)
                     57.5   66.0    8.5  2.6  2.64 (2.48) 0.077 (0.072) N/S
                     66.0   69.9    3.9  1.2     0.74         0.021     N/S
                                                 (iii)         (iii)
                     89.7   96.0    6.3  1.9  2.54 (2.68) 0.074 (0.078) N/S
                     96.0  103.1    7.1  2.2     0.10         0.003     N/S
                    106.0  114.0    8.0  2.4     0.64         0.019     N/S
                    196.0  196.7    0.7  0.2           N/S              1.1
                    371.5  376.0    4.5  1.4                            3.6
3 BC08-03    206.0                                     N/S
4 BC08-04    336.0   38.1   76.0   37.9 11.6     0.16         0.004     N/S
                                                 (iii)         (iii)
5 BC08-05    406.0   91.3   91.8    0.5  0.2           N/S              1.1
                    183.1  186.0    2.9  0.9  2.38 (2.49) 0.069 (0.073) N/S
6 BC08-06    426.0   70.3   76.0    5.7  1.7     1.32         0.039     N/S
                    146.0  156.0   10.0  3.0     0.18         0.005     N/S
                    336.0  346.0   10.0  3.0     0.10         0.003     N/S
7 BC08-07    405.0  127.3  128.0    0.7  0.2     0.13         0.004     N/S
                    155.0  165.0   10.0  3.0     0.10         0.003     N/S
8 BC08-08  1,006.0  306.0  308.4    2.4  0.7     0.12         0.004     N/S
                    396.0  406.0   10.0  3.0     0.18         0.005     N/S
                    476.0  496.0   20.0  6.1     0.30         0.009     N/S
                                                 (iii)         (iii)
                    506.0  516.0   10.0  3.0     0.30         0.009     N/S
                    526.0  546.0   20.0  6.1     0.12         0.004     N/S
                                                 (iii)         (iii)
9 BC08-09    856.0   96.0  106.0   10.0  3.0     0.15         0.004     N/S
10 BC08-10  1168.0  205.0  225.0   20.0  6.1     0.13         0.004     N/S
                                                 (iii)         (iii)

Note:
(i) Assay (repeat/resplit).
(ii) N/S denotes no significant assay;
(iii) Weighted.

 

The company initiated operations in the Cariboo district in 1994, and, since that time, has focused on the exploration and development of its gold properties. Mineral tenures in the historic Cariboo goldfields encompass approximately 1,065 square kilometres (106,484 hectares) over a belt 60 km long by 20 km wide. In the Barkerville gold camp, 101 creeks have reported placer gold production. Recorded gold production from the area totals more than 3.8 million ounces, including an estimated 2.64 million ounces from placer mining and 1.23 million ounces from lode mining.

Wayside is in the process of acquiring the QR mine and 900-tonne-per-day QR mill, which was fully operational until February, 2009 (now on care and maintenance). The QR mill is a CIP mill designed for an output of 70,000 ounces of gold per annum for that location. The mill is 110 km by road from Wayside’s Cariboo gold project and proposed Bonanza Ledge mine.

The technical information in this news release has been reviewed and approved by chief geologist Jim Yin, PhD, PGeo, a qualified person as defined in National Instrument 43-101.

No Comments

GWR Extends Mineralization at Lac La Hache

GWR Resources Inc.’s initial 2009 drill hole (AZS09-11) on the Aurizon South area within the company’s Lac La Hache property has successfully intersected the interpreted projection of the structure which hosts the previously reported high-grade copper-gold intersected in hole AZS08-07 (see the company’s news release in Stockwatch dated Dec. 9, 2008). Hole AZS08-07 was targeted on a modelled, deep induced polarization response, originally interpreted by project geologist Dr. D. Bailey as the westerly offset of the Aurizon Central zone.

The new results confirm the geological model derived from the previous drilling, whereby the hydrothermally brecciated, altered monzonite that hosts the high-grade mineralization in hole AZS08-07 is displaced westerly down section, across a series of faults.

Hole AZS09-11 was collared 25 metres east of the collar of hole AZS08-07, at the same collar dip (minus 60 degrees) but it steeped considerably as drilling progressed. As predicted, the hole encountered a wider intersection of altered monzonite than hole AZS08-07, with the bottom five metres cutting weakly mineralized hydrothermal breccia similar to that lying above the higher-grade zone in hole AZS08-07. Unfortunately, while still in the hydrothermal breccia at 498 metres downhole, difficult drilling conditions caused the NQ drill rods to jam. The company plans to drill through the NQ using smaller-diameter BQ rods, and expects to continue the hole successfully, to determine the width of the mineralized structure and possible associated mineralization at this depth. As a result of the steepening of hole AZS09-11, the hydrothermal breccia has been extended approximately 190 metres vertically below that in hole AZS08-07.

While waiting for the delivery of BQ rods, the drill rig has commenced drilling hole AZS09-13, located 25 metres north of hole AZS08-07. That rig will subsequently reposition over hole AZS09-11 after hole AZS09-13 has been completed.

In addition, a second drill rig is expected to commence drilling today in order to test additional targets within Aurizon South.

The company maintains a quality assurance/quality control program that conforms to the requirements of National Instrument 43-101. Rob Shives, PGeo, is the qualified person (as defined by National Instrument 43-101) who accepts responsibility for the technical content of this news release.

No Comments

Imperial Reports High Grade Results from Three Zones at Mount Polley

Imperial Metals  reports exploration results from the Boundary, Southeast and Northeast zones at its Mount Polley mine property. Drilling at all three areas returned significant intervals of high grade copper/gold mineralization.

Continued drilling on the recently discovered high grade, shallow-dipping extension highlighted drilling at the Boundary zone. Hole ND08-57 intersected 51.6 metres grading 1.48% copper and 0.83 g/t gold including 15.9 metres grading 3.08% copper and 1.38 g/t gold, while hole ND08-60 returned 19.8 metres grading 2.12% copper and 1.08 g/t gold. The high grade discovery, referred to as the Zuke zone, is 120 metres southeast of the main magnetite breccia at the Boundary zone. Other intersections included two high grades zones in hole ND09-66 which may link the Zuke zone back to the main magnetite breccia. These intersections measured 13.3 metres grading 2.40% copper and 2.47 g/t gold, and 35.1 metres grading 2.25% copper and 1.36 g/t gold, including a higher grade section of 12.5 metres grading 3.72% copper and 2.02 g/t gold.

The Zuke zone is presently known to be at least 90 metres in length and 60 metres wide. Mineralization had been previously intersected in drillholes ND06-23, ND06-26 and ND08-56 but the size and grade potential had not been fully appreciated until this most recent phase of drilling. Hole ND09-67 is the tenth diamond drill hole to have one or more high grade intercepts in the Zuke zone. It returned 19.1 metres grading 2.09% copper and 1.19 g/t gold, including 11.6 metres grading 2.95% copper and 1.56 g/t gold.

Beneath the main Boundary zone breccia, additional mineralization was intersected in two intervals in hole ND09-63 which returned 25.0 metres grading 1.00% copper and 0.84 g/t gold, and a deeper zone of 67.5 metres grading 1.19% copper and 0.71 g/t gold.

In the Pond zone area of the Southeast zone, hole PZ08-28 intersected additional skarn(1) mineralization over 31.3 metres grading 1.97% copper and 0.22 g/t gold, including a 9.7 metre section grading 5.57% copper and 0.36 g/t gold. Hole PZ08-32 intersected 11.0 metres of 1.30% copper and 0.32 g/t gold.

At the Northeast zone (below the Wight pit) a single drill hole, WB08-252, tested a structural triple junction where two major faults were projected to intersect the western extension of the high grade Green zone (discovered in 2004). Although the hole deviated off-line while being drilled and is about 50.0 metres above the targeted elevation, it successfully intercepted 20.9 metres grading 0.77% copper, 0.13 g/t gold and 3.85 g/t silver, which included a small but significant 3.5 metres grading 2.06% copper, 0.23 g/t gold and 9.42 g/t silver. When mining activity ceases in the Wight pit next quarter, exploration drilling will be launched from the bottom of the pit which will be a tremendous logistical advantage in targeting this area of high grade and potentially underground mineable copper/gold mineralization.

Ongoing exploration will focus on locating high grade ore to replace the high grade Wight pit mill feed that has been mined for the past three years. The Pond zone is one of the high grade discoveries expected to be in production by year end. Recent exploration at the Boundary zone proved significant potential at depth. Drilling at the Boundary zone, including the new Zuke zone, will be a high priority during the upcoming phase of exploration.

(1) Skarn mineralization is mineralization in a metamorphic zone developed along the contact area where igneous rocks contact carbonate sedimentary rocks. The sedimentary rock, limestone in this case, was invaded by hydrothermal fluids bearing copper and other elements that originated from the nearby igneous rock mass. This is the only area on the Mount Polley property where this type of mineralization has been discovered to date, and it represents a new target type at Mount Polley.

Drill
Hole #
Zone Total
Length (m)
Interval
from (m)
Interval
to (m)
Interval
Length (m)
Copper
%
Gold
g/t
Silver
g/t
ND08-57 Boundary 361.8 243.4 295.0 51.6 1.48 0.83 -
including     271.6 287.5 15.9 3.08 1.38 -
ND08-60 Boundary 328.3 240.2 260.0 19.8 2.12 1.08 -
ND08-63 Boundary 532.5 172.5 197.5 25.0 1.00 0.84 5.55
and     222.5 290.0 67.5 1.19 0.71 6.64
ND08-64 Boundary 324.6 219.5 276.8 57.3 2.11 1.25 13.14
 including     236.0 263.0 27.0 3.29 1.88 17.89
ND09-66 Boundary 623.9  276.8 290.0 13.3 2.40 2.47 16.76
and     322.4 357.5 35.1 2.25 1.36 8.53
including     342.5 355.0 12.5 3.72 2.02 15.96
PZ08-28 Pond 297.8 240.0 271.3 31.3 1.97 0.22 -
including      261.6 271.3 9.7 5.57 0.36 -
 PZ08-32 Pond 246.0 125.0 136.0 11.0 1.30 0.32 -
WB08-252 Northeast 392.3 321.2 342.1 20.9 0.77 0.13 3.85
including     329.4 332.9 3.5 2.06 0.23 9.42

Steve Robertson, P.Geo. is the designated Qualified Person as defined by National Instrument 43-101 for the exploration programs. Samples for the diamond drilling reported at Mount Polley were analyzed at the Mount Polley mine laboratory and Acme Analytical Laboratories in Vancouver. As silver has become a more significant commodity in the Boundary and Pond zone exploration, samples analyzed at Mount Polley will be sent to Acme Lab for silver analysis. A full QA/QC program using blanks, standards and duplicates was maintained for all samples submitted to the labs. The porphyry and breccia related deposits at Mount Polley are irregular in shape and true thicknesses have not been estimated.

,

No Comments

Hawthorne Assays 82.28 Metres Grading 0.754 g/t Au at Frasergold

Hawthorne Gold and Eureka Resources are pleased to announce assay results from the final 22 diamond drill holes (”DDH”) of the 2008 exploration program on the Frasergold property that consisted of 58 holes (totaling 10,405 metres). Of interest, DDH FG08-362C intersected 82.28 metres grading 0.754 g/t Au, including 5.88 metres grading 3.969 g/t Au and DDH FG08-350C intersected 163.06 metres grading 0.465 g/t Au, including 3.85 metres grading 13.248 g/t Au. All drill holes intersected the estimated true width of the mineralized zones. The property is located in the Cariboo Gold District of central British Columbia, Canada and is accessible by highway and logging roads year round.

“Results from the drilling have extended the gold system into the south east area of the Main Zone and potentially along strike further in the south east direction outside of the Main Zone. Hawthorne is pleased to have received all results from the 2008 exploration program. The technical team is diligently working on the modeling of the deposit to gain a better understanding of the size and potential of the deposit and work towards the completion of National Instrument (”NI”) 43-101 Compliant Gold Resource Estimate Technical Report at the Frasergold Property,” commented Richard Barclay, President & CEO of Hawthorne.

“Hawthorne has come along way in obtaining a better understanding of the complexity of the Frasergold deposit and Eureka believes the geological model will assist in defining a potential resource. We look forward to seeing the results from the forthcoming NI 43-101 Resource Estimate at Frasergold. We commenced drilling on this property in the 1980s and are excited to read a report that summarizes the hard work Eureka and Hawthorne have completed on this project to date,” stated John J. O’Neill, CEO and President of Eureka.

Highlights of the assay results are presented below:

Hole No.

 

From

To

Length

Au

 

 

(m)

(m)

(m)

g/t

FG08-311C  

119.76

156.22

36.46

0.319

   

 

 

   

FG08-324C

 

106.84

196.90

90.06

0.503

 

includes

169.75

175.89

6.14

2.107

 

         

Hole No.

 

From

To

Length

Au

 

 

(m)

(m)

(m)

g/t

FG08-326C

 

160.09

176.40

16.31

0.771

 

includes

160.09

165.47

5.38

1.477

 

         

FG08-327C

 

82.43

152.42

69.99

0.482

 

includes

106.98

114.38

7.40

1.535

 

         

FG08-342C

 

125.14

157.28

32.14

0.346

 

includes

125.14

133.66

8.52

0.866

 

         

FG08-351C

 

94.56

135.94

41.38

0.490

 

includes

94.56

101.88

7.32

1.488

 

       

 

FG08-356C

 

14.02

64.00

49.98

0.462

 

includes

56.50

61.00

4.50

3.003

 

         

FG08-358C

 

28.70

68.16

39.46

0.428

 

includes

59.74

65.84

6.10

1.605

 

         

FG08-359C

 

33.07

61.77

28.70

0.722

 

includes

49.55

54.96

5.41

1.164

 

         

FG08-360C

 

31.90

56.51

24.61

1.036

 

includes

48.58

52.73

4.15

3.301

 

         

FG08-361C

 

52.94

138.99

86.05

0.364

 

includes

52.94

64.34

11.40

1.104

 

         

FG08-362C

 

53.08

135.36

82.28

0.754

 

includes

94.67

100.55

5.88

3.969

 

includes

114.91

135.36

20.45

1.051

           

Hole No.

 

From

To

Length

Au

 

 

(m)

(m)

(m)

g/t

FG08-350C  

53.64

216.70

163.06

0.465

 

includes

154.55

158.40

3.85

13.248

           
FG08-353C  

120.41

144.27

23.86

0.757

           
FG08-363C  

136.72

137.30

0.58

12.000

 

includes

47.05

137.30

90.25

0.321

           
FG08-364C  

189.94

215.90

25.96

0.410

           
FG08-335C; FG08-348C; FG08-365C;
FG08-366C; FG08-367C FG08-340C

No Significant Intersections

           

For lab and assay procedures see news release dated January 28, 2009.

Michael Petrina, P.Eng., the Company’s Vice President of Mining and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.

, ,

No Comments

Improved Interpretation of Mineralization from Lac La Hache with New Assay Results

GWR Resources Inc. has released new assay results for 15 holes drilled in three zones during its fall 2008 exploration program. The holes were drilled to follow up previous drilling results and to test new geophysical and geochemical targets generated by summer soil sampling, induced polarization (IP) and ground magnetometer surveys.

Aurizon South zone

Previous drill testing of a weak IP anomaly located south of the Central Aurizon zone intersected a new zone (Aurizon South) containing 26 metres of very high gold and copper values (hole AZS08-07). Limited drilling (10 holes to date) has shown this mineralization occurs south of an east-west-oriented fault, down dropped to the south.

Both Central and South Aurizon zones are hosted within hydrothermal breccia cutting orange-altered monzonite with low sulphide content (producing only weak IP responses), and both are cut by northwest faults that displace the mineralization. The Aurizon South zone however is highly enriched in gold and contains non-magnetic hematite rather than magnetite.

New core assay results are tabulated. Hole AZS08-09, drilled 50 metres south of high-grade mineralization in AZS08-07, intersected unaltered, unmineralized monzonite and the zone is interpreted to be fault displaced to the east. Hole AZS08-10 cut a second, relatively thick, lower-grade zone lying 130 metres above the high-grade gold-copper in AZS08-07 and is interpreted as a halo. Although IP responses over this zone are weak, they suggest it shallows to the south-southeast.

 

                                                        Inter-
        Northing  Easting  Elev. Az. Dip   EOH  From  To  val Copper Gold
Hole No.   (m)      (m)    (m) (deg) (deg) (m)  (m)   (m) (m)   (%) (g/t)

AZS08-03  5757785  617849  1398  270 -70  481.6  No significant results
AZS08-05  5757796  617890  1396  270 -60  335.2  No significant results
AZS08-06  5757796  617990  1396  270 -60  356.6   47   59  12  0.26  1.27
AZS08-07
(*)       5757791  618090  1385  270 -61  387.1  316  342  26  0.86  6.26
                                       including 316  332  16  1.31  9.20
                                       including 326  332   6  1.92 15.20
AZS08-09  5757737  618092  1385  270 -60  372.0  No significant results
                                                              below
AZS08-10  5757791  618090  1385  270 -45  315.5  209  267  58  0.10  0.65
                                       including 229  267  38  0.20  0.83

(*) Results previously released on Dec. 9, 2008.

 

Holes AZS08-01 to 5 and AZS08-09 were drilled prior to discovery of the new zone, off the trend of mineralization, which has an interpreted plunge to the north-northwest. Future drilling will target this very prospective, open trend.

Central Aurizon zone

Six holes (AZ08-90 to 95) were drilled to define the western boundary of the Central Aurizon zone. Although assays have been received for the first four of these, geology indicates the western boundary lies farther east than previously interpreted, and only hole AZ08-90 has intersected significant grades. Subsequent drilling (AZ08-96 to 98) intersected low-grade mineralization along the western margin of the Aurizon breccia zone, but the first (AZ08-101) of two holes located 50 metres to the east has intersected two interesting zones.

 

Hole No.     From (m)   To (m)    Interval (m)   Copper (%)    Gold (g/t)

AZ08-90       38          52          14             0.30         0.54
AZ08-91        -           -               No significant results
AZ08-92        -           -               No significant results
AZ08-93        -           -               No significant results
AZ08-96       50         120          70             0.19         0.39
AZ08-97      349         463         114       below 0.10         0.65
including    349         389          40             0.33         0.74
AZ08-98      171         243          72       below 0.10         0.56
including    171         195          24             0.23         1.00
AZ08-101      81         131          50             0.44         0.67
             223         275          52             0.36         0.36

 

Peach 1 zone

Drilling here has outlined two east-west-trending subparallel zones of low-grade copper mineralization that appear to have been faulted off to the east but remain open to the west. New results from two holes are shown. It is not expected that further work will be undertaken on the Peach zone until compilation and interpretation of results are completed.

 

                                                         Inter-
                          Elev. Az.   Dip  EOH  From  To  val Copper Gold
Hole No.   N (m)   E (m)   (m) (deg) (deg) (m)  (m)   (m) (m)   (%) (g/t)

PZ08-19  5758408  615250  1351  220  -70  395.7  No significant results
PZ08-21  5758256  615125  1372   40  -60  518.0  248  273  24  0.26  0.75
                                            and  327  405  78  0.20  0.14

 

Peach 2 zone

Interpreted results of new IP surveys indicate the large pyritic, low-copper sulphide body defined by drilling here may cap a deeper, copper-rich zone at a depth of 200 metres. Although no further work is currently planned on the Peach 2 zone, this interpretation may be tested in the future.

The company maintains a rigorous quality assurance/quality control program that conforms to the requirements of National Instrument 43-101. Dr. David G. Bailey, PhD, PGeo, is the qualified person as defined by National Instrument 43-101 who accepts responsibility for the technical content of this news release.

No Comments

Hawthorne Assays 58.24 metres Averaging 1.017 g/t Au Near Surface

Hawthorne Gold and Eureka Resources are pleased to announce the results from 15 additional diamond drill holes (”DDH”) from the 2008 exploration program that consisted of 58 holes (totaling 10,405 metres) on the Frasergold property. The property is located in the Cariboo Gold District of central British Columbia, Canada and is accessible by highway and logging roads year round. Further assaying from the remaining 22 holes is underway and results are expected shortly.

“Hawthorne continues to identify new zones of interest close to surface within the Main Zone, and drilling has increased the gold system to depth. As disclosed in the Company’s press release dated February 5, 2009, the Company identified new mineralization down dip from historical drilling and the mineralized zone continues to increase in size. The Company is currently building a geological model to fully understand the deposit as it works towards the definition of a National Instrument 43-101 compliant resource estimate at Frasergold,” commented Richard Barclay, President & CEO of Hawthorne.

Of interest, DDH FG08-346C intersected 19.70 metres grading 1.098 g/t Au, including 4.45 metres grading 4.000 g/t Au, and DDH FG08-357C intersected 58.24 metres grading 1.017 g/t Au, including 10.50 metres grading 3.858 g/t Au and demonstrated that mineralization continues up dip and to depth. All drill holes intersected estimated true width of the mineralized zones. Drilling also demonstrates that mineralization continues as a wider zone than previously defined by historical drilling, although the extension is at a lower grade. Several of the up dip holes highlight the potential to develop a potential resource by increasing the known width of the known mineralized in the Main Zone and show additional mineralized zones to depth.

“Eureka focused on shallow drilling in the 1980s and 1990s and the true size of the gold system remains unknown. Hawthorne continues to build upon Eureka’s success by expanding the known mineralization in the Main Zone,” stated John J. O’Neill, CEO and President of Eureka.

Highlights of the assay results are presented below:

 Hole No.

 

From

To

Length

Au

 

 

(m)

(m)

(m)

(g/t)

FG08-315C  

41.04

81.07

40.03

0.518

 

includes

43.87

49.58

5.71

2.313

           
FG08-316C  

17.45

30.21

12.76

0.906

   

51.48

96.32

44.84

0.346

 

 

(m)

(m)

(m)

(g/t)

FG08-334C  

7.92

80.27

72.35

0.834

 

includes

21.15

35.36

14.21

2.689

           
FG08-336C  

21.94

53.95

32.01

0.506

 

includes

45.96

52.45

6.49

1.325

           
FG08-339C  

81.38

101.92

20.54

0.533

           
FG08-341C  

16.73

43.06

26.33

0.300

 

includes

26.72

35.18

8.46

0.625

           
FG08-343C  

17.02

148.13

131.11

0.412

 

includes

17.02

44.30

27.28

1.139

           
FG08-346C  

3.05

22.75

19.70

1.098

 

includes

18.30

22.75

4.45

4.000

           
FG08-347C  

7.53

128.17

120.64

0.396

 

includes

11.21

13.38

2.17

2.730

   

 

 

 

 

FG08-352C  

96.97

111.56

14.59

1.983

 

includes

101.80

102.25

0.45

44.190

           
FG08-355C  

30.83

82.26

51.43

0.524

 

includes

75.75

81.31

5.56

2.297

           
FG08-357C  

14.00

72.24

58.24

1.017

 

includes

15.50

26.00

10.50

3.858

           
FG08-338C, FG08-337C, FG08-344C No Significant Intersections
           

For lab and assay procedures see news release dated January 28, 2009.

Michael Petrina, P.Eng., the Company’s Vice President of Mining and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.

, ,

No Comments

2008 Drilling Confirms Gold Mineralization at Frasergold Continues to Depth and Thickness of Main Zone Increases

Hawthorne Gold and Eureka Resources are pleased to announce the results from 14 additional diamond drill holes (”DDH”) from the 2008 exploration program that consisted of 58 holes (totaling 10,405 metres) on the Frasergold property. The property located in the Cariboo Gold District of central British Columbia, Canada and is accessible by highway and logging roads year round. Further assaying from the remaining 37 holes is underway and results are expected shortly.

“Our geological team continues to focus on modelling the deposit to determine the full potential of the system and we are pleased with the success of the drill program to date,” commented Richard Barclay, President & CEO of Hawthorne.

Of interest, DDH FG08-322C intersected 39.77 metres grading 0.952 g/t Au, including 8.59 metres grading 2.528 g/t Au, and DDH FG08-323C intersected 41.93 metres grading 1.503 g/t Au, including 7.00 metres grading 5.909 g/t Au and demonstrated that mineralization continues to depth. All drill holes intersected estimated true width of the mineralized zones. Historical drilling completed in the 1980s and 1990s focused only on defining a mineralized zone close to surface. Hawthorne’s 2007 and 2008 drilling campaigns have demonstrated that mineralization does continue to depth and also extended the known width of the mineralized zone. The goal of the drill program is to work towards the definition of a National Instrument 43-101 compliant gold resource at Frasergold.

“In the 1980s and 1990s our geological teams focused on defining a near surface resource and never fully explored the deposit to depth. Hawthorne is making significant progress at understanding the magnitude of the mineralization that extends for approximately ten kilometres,” stated John J. O’Neill, CEO and President of Eureka.

Highlights from the drill holes are listed in the table given below:

Hole No.

 

From
(m)

To
(m)

Length
(m)

Au
g/t

FG08-312C

 

102.21

128.57

26.36

0.892

 

includes

121.04

128.57

7.53

2.351

 

 

       

FG08-314C

 

143.87

180.89

37.02

0.832

 

includes

145.39

152.34

6.95

4.334

FG08-317C

 

209.09

228.20

19.11

0.498

 

includes

222.98

228.20

5.22

1.079

 

 

(m)

(m)

(m)

g/t

FG08-318C

 

105.35

172.75

67.40

0.527

 

includes

157.78

167.30

9.52

1.444

 

 

       

FG08-320C

 

107.49

141.57

34.08

0.902

 

includes

107.49

115.10

7.61

2.850

 

 

       

FG08-321C

 

132.20

165.90

33.70

0.397

 

includes

158.44

165.90

7.46

0.845

 

 

       

FG08-322C

 

130.32

170.09

39.77

0.952

 

includes

140.06

148.65

8.59

2.528

 

 

       

FG08-323C

 

105.77

147.70

41.93

1.503

 

includes

108.60

115.60

7.00

5.909

 

 

       

FG08-325C

 

147.15

190.09

42.94

0.802

 

includes

164.87

167.92

3.05

2.871

 

 

       

FG08-329C

 

132.90

134.92

2.02

5.200

 

 

       

FG08-331C

 

123.00

155.45

32.45

0.687

 

includes

124.05

136.20

12.15

1.142

 

 

       

FG08-332C

 

127.02

200.61

73.59

0.444

 

includes

157.56

163.37

5.81

1.204

FG08-349C and FG08-310C        No Significant Intersections

For lab and assay procedures see news release dated January 28, 2009.

Michael Petrina, P.Eng., the Company’s Vice President of Mining and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.

, , ,

No Comments

Barker Minerals 2008 Drilling Indentifies Broad Mineralized and Altered VMS Footwall Zone at Frank Creek

BARKER MINERALS 2008 DRILLING IDENTIFIES BROAD MINERALIZED AND ALTERED VOLCANOGENIC MASSIVE SULPHIDE FOOTWALL ZONE AT FRANK CREEK PROJECT

Barker Minerals Ltd.’s 2008 drill program on its 100-per-cent-owned Frank Creek volcanogenic massive sulphide (VMS) project was successful in defining a significant, broad, open-ended zone of inverted VMS stockwork (feeder) mineralization. The VMS stockwork is enriched in precious metal and base metal mineralization with anomalous indicator elements arsenic, cadmium, mercury and barium. Such a feeder zone typically underlies VMS deposits.

The 2008 exploration drilling program, which resulted in a total of 2,375 metres drilled in 13 holes, was part of a continuing systematic and methodical program of testing targets identified on the Titan grid through previously conducted trenching, geological, geophysical and geochemical programs over a small part of the Frank Creek property. The Frank Creek project is located near the historic Likely/Keithley Creek areas of the Cariboo region of British Columbia and hosts excellent access and infrastructure in the immediate area.

Drilling summary

The drilling intercepted broad zones of overturned altered felsic volcanic rocks with variable amounts of alteration and sulphide content. Zones of mineralized altered felsic volcaniclastics include: 23.53 metres in FC08-31 from 22.82 m to 46.35 m which returned results of 0.14 per cent zinc; 10.91 m in FC08-32 from 12.56 m to 23.47 m reported zinc values of 0.28 per cent. Within this 10.91 m intercept an interval of 1.78 m from 17.37 m to 19.15 m returned results of 1.31 per cent zinc. In FC08-35 an intercept from 46.30 m to 70.79 m ran 0.25 per cent zinc over 24.49 m, and in hole FC08-36 a 17.41 m interval from 66.73 m to 84.14 m had values of zinc at 0.10 per cent. Most of the broad intervals are also associated with anomalous to highly anomalous copper, lead, silver and gold, and appear to be syngenetic.

A 4.65 m intercept of semi-massive to massive sulphide with 50 per cent to 90 per cent total metal content was found in hole FC08-34 at a depth of 16.55 m to 21.20 m. The zone carried 0.07 gram per tonne gold, 7.46 g/t silver, 0.14 per cent copper, 0.09 per cent lead and 0.40 per cent zinc with individual values ranging to 17.1 g/t silver and 0.85 per cent lead/zinc over 1.12 m from 20.08 m to 21.2 m. The 4.65 m massive sulphide intercept is in contact with argillites which is indicative of sea floor deposition during a quiescence period during volcanism.

Mineralization in the drill holes occurs in veins, as disseminations, in stringers, and in semi-massive to massive sulphides. Sulphide mineralization consists of variable amounts of pyrite, pyhrrotite, sphalerite, chalcopyrite and some times galena.

Mafic dikes occur in some holes within the felsic and sedimentary units. Siltstone, sandstone and argillites also occur intermittently and in some instances are interfingered (peperitic) with the volcanic rocks. Alteration patterns include variable amounts and combinations of sericite, chlorite, silica, carbonate and chrome mica (fuchsite).

Gold results

Highly anomalous and higher-grade geochemical values in gold, silver, copper, lead and zinc were found within the broad zones of anomalous values. For example, hole FC08-31 carried 2.9 g/t gold over 2.03 m from 26.33 m to 28.36 m and 1.62 g/t gold over 0.21 m from 22.82 m to 23.03 m, both within a highly anomalous halo of 0.14 per cent zinc over 23.53 m from 22.82 m to 46.35 m. Hole FC08-36 carried 4.62 g/t gold over 0.34 m from 79.27 m to 79.61 m within a zone of anomalous zinc that carried 0.10 per cent zinc over 17.41 m from 66.73 m to 84.14 m. The g/t and per cent values given here are translated from INAA and TD-ICP geochemical results respectively.

The inverted VMS model

The overturned nature of the rocks at Frank Creek is supported by drilling, outcrop mapping, and observations and studies conducted by the B.C. Geological Survey (Hoy/Ferri-1998) (Ferri-O’Brien 2002), and independent company consultants. On most of the Titan grid, the large near-surface chargeability anomalies overlie or flank similarly large, strong conductive zones which have a subsurface 3-D nature similar to that of massive sulphide bodies.

This geophysical spacial association is also indicative of an inverted stockwork stringer, or feeder zone, overlying a potentially large massive sulphide deposit. The discovery of broad footwall mineralization near surface would indicate that any massive sulphide deposits which are present below the footwall zone could have most, if not all, of the original deposit still intact subject to folding and faulting.

In an overturned environment, exploration is focused to look for geological footwall indicators on surface, not hangingwall indicators typically sought in non-inverted, right side up environments. Surface trenching and shallow exploration drilling have defined a broad zone of VMS-style footwall mineralization (chargeability highs) and alteration which are co-incident with strong multielement enzyme leach soil anomalies and is open in all directions. The chargeability highs directly overlie large strong compelling conductors (resistivity lows) which are indicative of massive sulphide mineralization or graphite.

Titan Trend A

The Titan Trend A anomaly on the lines 51, 53 and 55 geophysical sections demonstrate a geophysical signature similar to that of an inverted VMS deposit, which is chargeability highs overlying resistivity lows.

Base and precious metal mineralization in the Line 53 discovery area from trenching and drilling is associated with a rhyolite flow/dome complex and intermediate to felsic volcanic flows and tuffs. The presence of rhyolite and bi-modal volcanics, precious and base metals, zonation and grades of metals, alteration patterns and mineralogical associations are all indicative of Kuroko-style volcanogenic massive sulphide deposits.

The next phase of drilling being planned will test the compelling Titan Trend A strong chargeability high footwall zones where they merge with strong resistivity lows, which could represent massive sulphide mineralization. Much more drilling and trenching are required to determine the configuration, continuity, grade and size of the recent exciting drilling discoveries.

The scientific and technical information contained in this news release was prepared under the supervision of Rein Turna, BSc, PGeo, the company’s qualified person under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

, ,

No Comments

Hawthorne and Eureka Assay 4.38 metres averaging 63.05 g/t Au at Frasergold

Hawthorne Gold  and Eureka Resources are pleased to announce significant grade intercepts from the 2008 Frasergold exploration program, which consisted of 58 diamond drill holes (totaling 10,405 metres). The property is in the Cariboo Gold District of central British Columbia, Canada and is accessible by highway and logging roads year round. Of interest, Hole No. 08-319 intersected 2.08 metres averaging 47.36 g/t Au, and hole No. 08-354 intersected 4.38 metres averaging 63.05 g/t Au. Further assaying from the remaining holes continues and results are expected shortly. See hole details below.

“Hawthorne continues to identify a large low-grade mineralized gold system at Frasergold that hosts significant high-grade mineralization. As indicated previously, 54% of all holes in the 2008 drill program encountered visible gold in the core, and 83% of the holes within the northwest zone encountered visible gold. The gold distribution within the Main Zone appears to be structurally controlled and our geological team are confirming a mineralized zone that continues to extend to the northwest outside of the Main Zone,” commented Richard Barclay, President & CEO of Hawthorne.

“Historical drilling completed by Eureka on the Frasergold property indicated the opportunity for bonanza style grades and when combined with the consistent wide lower grade intercepts lend to the potential opportunity of a potential bulk tonnage open pittable deposit. We are very pleased with the progress and results to date from Hawthorne’s exploration activity,” stated John J. O’Neill, CEO and President of Eureka.

Hole No.

 

From

To

Length

Au

 

 

(m)

(m)

(m)

g/t

08-319

and

117.96

203.30

85.34

1.56

 

includes

131.35

133.43

2.08

47.36

 

 

 

 

 

 

08-354

 

7.92

56.69

48.77

5.84

 

includes

7.92

12.30

4.38

63.05

 

 

 

 

 

 

Mineralization continues to fit the orogenic lode-gold deposit model type with higher-grade course gold occurring predominantly within quartz carbonate veins ranging in size from 5 to 60 centimeters. These quartz veins typically contain a carbonate breccia with sulphides found in low abundance (~ 1 to 3 %) which are hosted within the main Knotted Phyllite unit. In addition, gold mineralization within the veins generally occurs along the margins of the veining and preferentially resides within fine fractures suggesting that the higher grade mineralization is late stage.

All logged core samples were collected in segments ranging from 0.30 to 1.5 metres, which were subsequently split using a diamond saw and sent to International Plasma Labs (IPL) for analysis with check assays being performed by ALS Chemex Labs of North Vancouver. A rigorous and time consuming sampling and assay protocol included an initial 30 gram fire assay be performed on all samples, with a subsequent one kilogram metallic screen analysis with triplicate samples of the minus 150 mesh fraction being performed on all fire assay values yielding results >0.1 g/t to ensure the most appropriate assay representation of each gold anomalous sample was obtained. Quality assurance and quality control included blanks and standards randomly inserted throughout the program, while field duplicates and preparation duplicates were also randomly taken throughout the program.

Michael Petrina, P.Eng., the Company’s Vice President of Mining and a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical disclosure contained in this news release.

About the Frasergold Option Agreement

Pursuant to an option agreement dated October 31, 2006 between Hawthorne and Eureka, Hawthorne can earn a 51% interest in the Frasergold property by completing sufficient exploration expenditures totaling $3.5 million (expended), completing a feasibility study by April 30, 2010 and making cash payments totaling $175,000 ($125,000 paid to date) before October 31, 2009. Hawthorne can earn a further 9% (for a total of 60%) by arranging financing for 70% of the estimated capital costs for production.

, , ,

No Comments

Skygold Intersects High Grade Gold at Spanish Creek

Skygold Ventures is pleased to announce the discovery of a new zone of gold mineralization (“Thunder Ridge Showing”) on its 100% owned Spanish Creek Project in central British Columbia.  The Spanish Creek Project is located approximately 100 km southeast of Skygold’s flagship Spanish Mountain Project. An initial phase of drilling, completed late in 2008, returned values up to 223.0 g/t (6.79 oz/t) gold over 0.5 metres. While Skygold continues to focus on advancing the Spanish Mountain Project, the high grade nature of the Thunder Ridge Showing highlights the potential of the Company’s other projects.

Highlights:

  • Hole SC-005 intersects 45.49 g/t gold over 2.5 metres including 223.0 g/t gold over 0.5 metre.
  • Hole SC-007 intersected 1.23 g/t gold over 11.5 metres including 4.83 g/t gold over 1.5 metres and 1.32 g/t gold over 6.5 metres in separate horizons.
  • 5 of the 7 holes intersected anomalous gold mineralization with assays of at least 0.30 g/t gold including hole SC-002 with 28.2 metres of 0.48 g/t gold and hole SC-007 with 28.0 metres of 0.68 g/t gold.
  • A number of sub-parallel structures have been interpreted from the soil geochemical data and drilling results. Holes SC-005 and SC-007 are approximately 600 metres apart.

The Spanish Creek Project is located approximately 50 kilometres northeast of the town of 100 Mile House in central British Columbia.  The property is underlain by a sequence of Triassic black phyllite similar to the rocks that underlie the Main Zone at the Spanish Mountain Property.  Gold mineralization is associated with silica flooding and quartz veining within northeast trending structures.

The 2008 drill program consisted of 7 holes totaling 1552 metres and targeted structures defined by northeast trending soil geochemical anomalies.  The property has been the subject of very little previous exploration, has no outcrop exposures and had never been drilled.  The results from drilling have identified a corridor at least 400 metres wide and 750 metres long that contains numerous sub parallel quartz veins with anomalous gold, silver and arsenic values. The corridor appears to be open in all directions. A map showing the location of drill holes may be viewed by visiting the Company’s website – www.skygold.ca

Brian Groves, President of Skygold stated:  “We are extremely pleased with the results from our initial drilling program at Spanish Creek.  The fact that 5 of 7 holes intersected gold mineralization, with high grades intersected in hole SC-005, in an area that has been the subject of limited previous surface work is very encouraging.  The broad zones of quartz veining and the scale of the initial soil anomaly indicate a very high priority target that warrants further exploration.  While Skygold’s focus remains on the advanced stage exploration project at Spanish Mountain, the new discovery at Thunder Ridge continues to demonstrate the potential of the Company’s portfolio of projects.”

Project Quality Control / Quality Assurance

NQ core samples were logged and cut with a diamond saw on site.  Recoveries were generally better than 90%.  Samples were shipped directly to ALS Chemex.  ALS Chemex  of North Vancouver  BC, a BC accredited laboratory which is independent of the Company, is conducting the sample preparation and analyses of samples. Skygold routinely submits standards, blanks and duplicates into the sample stream to maintain quality control.  All gold analyses will utilize standard screen metallic assay techniques.  Robert Darney, P.Geo. and R. Bob Singh P.Geo are the qualified persons (as defined in NI 43-101) who have reviewed this news release.

, , , ,

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