Blind Creek Reconnaissance Drilling Program Intersects Up To 11.3 g/t Gold and 226.0 g/t Silver near Atlin, BC
2011年11月14日 - 10:30PM
Marketwired
Blind Creek Resources Ltd. (TSX VENTURE:BCK) ("the Company" or
"Blind Creek") reports that reconnaissance drilling at the Wann
River Project in the Atlin Mining Division of northern British
Columbia intersected multiple gold and silver veins grading up to
11.3 g/t gold and 226 g/t silver over 1 meter intersections, 4
kilometres south of the past producing and historic Engineer
gold-silver mine.
The 17 hole, 3,325 metre reconnaissance drill program, occurred
in a zone containing seven newly re-discovered quartz vein systems
within an 800 metre by 180 metre prospective corridor adjacent to
Wann River. Drilling took place from five separate drill pads (WR1
to WR5), set up over a 700 metre NW-SE trend. Targets in the
Company's extensive claim holdings will be for a bulk tonnage
gold-silver mesothermal quartz stockwork porphyry type system as
well as a high grade gold-silver epithermal quartz vein system.
J. Frank Callaghan, President and CEO states, "It is exciting to
have hit multiple occurrences of gold and silver mineralized quartz
veins in these initial reconnaissance drill holes."
Data from 13 drill holes has been received of which nine
indicated mineralized intersections. Data from three holes remain
to be received; one hole (WR05-01-11) was not analyzed. Holes
drilled ranged from vertical to -50 dips; drill directions were 30,
70, 210 or 250 degree azimuths.
Drilled rock intercepts include metamorphosed medium grained
granodiorite, metamorphosed fine grained diorite and metamorphosed
diorite, as well as un-metamorphosed fine to medium grained,
slightly porphyritic quartz diorite. Multiple quartz stock works
sections are present as well as quartz vein intersections up to 3
metres in length. True widths of the intercepts will be determined
after additional drill holes are completed.
On surface, seven quartz vein systems host analytical gold and
silver, as well as visible chalcopyrite, galena, sphalerite,
tetrahedrite in addition to more rare molybdenite and arsenopyrite.
Drill core indicates visible to trace amounts of these minerals
generally in one metre intercepts with sharp cut-offs.
Highlights include:
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Diamond
Drill From To Interval Analyses Assays CALC. MEAN AV.
----------------------------------------------------------------------------
Au Ag Au Ag Au Ag
Hole # (m) (m) (m) ppb ppm g/t g/t ppm ppm
----------------------------------------------------------------------------
Drill pad
WR-01
----------------------------------------------------------------------------
WR-01-01-11 33.85 35 1.15 greater 8.6 1.2
than
1000
----------------------------------------------------------------------------
----------------------------------------------------------------------------
WR-01-02-11 33.00 34 1 greater 20.6 2.34
than
1000
----------------------------------------------------------------------------
39.62 40.2 0.58 990 48.2 56.2
----------------------------------------------------------------------------
----------------------------------------------------------------------------
WR-01-03-11 73 74 1 greater 15.8 1.2
than
1000
----------------------------------------------------------------------------
147 148 1 greater greater 3.47 226
than than 50
1000
----------------------------------------------------------------------------
147 149 2 2.05 120
----------------------------------------------------------------------------
----------------------------------------------------------------------------
WR-01-04-11 31 32 1 greater 13 1.44
than
1000
----------------------------------------------------------------------------
32 33 1 greater 42.4 3.85
than
1000
----------------------------------------------------------------------------
WR-01-04-11 31 33 2 2.6 27.5
----------------------------------------------------------------------------
71 72 1 greater greater 4.45
than than 50
1000
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Drill pad
WR-02 (170
m SE of
Pad WR-01)
----------------------------------------------------------------------------
WR-02-01-11 60 61 1 greater 138
than 50
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Drill pad
WR-03 (65
m SW of
Pad WR-01)
----------------------------------------------------------------------------
WR-03-02-11 45 46 1 greater 44.4 2.29
than
1000
----------------------------------------------------------------------------
78 79 1 greater greater 11.3 76.2
than than 50
1000
----------------------------------------------------------------------------
77 80 3 3.77 17.6
----------------------------------------------------------------------------
112 113 1 greater 25.4 2.5
than
1000
----------------------------------------------------------------------------
----------------------------------------------------------------------------
WR-03-03-11 118 119 1 greater 35.2 3.21
than
1000
----------------------------------------------------------------------------
127 128 1 greater 45.8 4.15
than
1000
----------------------------------------------------------------------------
128 129 1 greater 47.2 1.69
than
1000
----------------------------------------------------------------------------
127 129 2 2.92 46.5
----------------------------------------------------------------------------
----------------------------------------------------------------------------
WR-03-04-11 186 187 1 greater 63.8
than 50
----------------------------------------------------------------------------
187 188 1 43.6
----------------------------------------------------------------------------
188 189 1 28.6
----------------------------------------------------------------------------
189 190 1 32.6
----------------------------------------------------------------------------
186 190 4 42.15
----------------------------------------------------------------------------
----------------------------------------------------------------------------
Drill pad
WR-04
(253m NW
of Pad WR-
01)
----------------------------------------------------------------------------
WR-04-01-11 151 152 1 greater greater 11.3 94.8
than than 50
1000
----------------------------------------------------------------------------
155 156 1 greater 7.6 1
than
1000
----------------------------------------------------------------------------
164.6 166 1 greater 16 1.26
than
1000
----------------------------------------------------------------------------
151 155 5 2.504 22.8
----------------------------------------------------------------------------
151 166 15.59 1.05 9.62
----------------------------------------------------------------------------
Drill core processing included descriptive logging and sampling
for geochemical analyses. The NTW size drill core was diamond sawed
in two halves at the Company's rented facilities in Atlin, BC.
After sample preparations were completed, sample pulps were
forwarded to Eco Tech Laboratory Ltd. in Kamloops, B.C. for ICP 28
element analysis, geochemical gold analysis and fire assay when
returns are over 1000 ppb Gold. Analysis/Assays are made on
requested 50 gram sample.
The technical information in this News Release has been reviewed
by Nicholas Clive Aspinall, P.Eng., a qualified person as defined
in National Instrument 43-101.
The company began staking claims in 2004 around the historic
Engineer mine and in the historic Atlin placer gold camp in the
Atlin mining division of north western British Columbia. The two
claim groups, now known as the Tagish Lake and Atlin claim groups,
have grown to a total of 139,081 hectares of mineral claims. The
Wann River project consists of mineral claims covering an area of
2,271 hectares within the Tagish Lake claim group; it is located
approximately four kilometres south of the historic Engineer mine.
The project area is accessible to sealed roads which lead to the
Alaska Highway, including the White Pass Rail route to Skagway,
Alaska, via 80 kilometres on navigable Tagish Lake.
On behalf of the Board of Directors,
J. Frank Callaghan, President and CEO
This News Release contains forward-looking statements.
Forward-looking statements are statements, which relate to future
events and conditions and therefore involve inherent risks and
uncertainties. These statements are only predictions and involve
known and unknown risks, uncertainties and other factors that may
cause our or our industry's actual results, levels of activity,
performance or achievements to be materially different from any
future results, levels of activity, performance or achievements
expressed or implied by these forward-looking statements. While
these forward-looking statements, and any assumptions upon which
they are based, are made in good faith and reflect our current
judgment regarding the direction of our industry, actual results
will almost always vary, sometimes materially, from any estimates,
predictions, projections, assumptions or other future performance
suggested herein. Except as required by applicable law, the Company
does not intend to update any of the forward-looking statements to
conform these statements to actual results. All phases of the
Company's operations are subject to environmental regulation and
governmental approval and permits and there can be no assurance
that the Company will obtain all the requisite permits for future
development. Mining is an inherently risky business with large
capital expenditures and cyclical metals markets.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Blind Creek Resources Ltd. J. Frank Callaghan
President and CEO 604 669-6463 or Toll Free: 1-800 663-9688 604
669-3041 (FAX)
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