SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Comaplex Minerals (CMF.t)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert Saito who wrote (7)10/9/1996 1:32:00 PM
From: Bobby Yellin   of 33
 
Canada NewsWire

Give us your message. We'll give you the world.

Attention Business Editors:

PARKER LAKE PROJECT UPDATE

CALGARY, Oct. 9 /CNW/ - COMAPLEX MINERALS CORP. (CMF-TSE) reports
drilling of the gravity anomaly associated with the Suluk gabbro on the Parker
Lake project intersected thick layered mafic intrusive rocks. Geochemically
anomalous nickel-copper values are associated with parts of the intrusive,
however the cause of the anomaly was not explained during the drilling. The
Parker Lake project is centered 100 kilometers west of Rankin Inlet and is a
joint venture between Comaplex (25%), Cumberland (50%), and Manson Creek
Resources Ltd. (25%).
Elsewhere on the Parker Lake project, high-grade surface gold values
associated with iron formation have been discovered over a strike length of
460 meters. Reconnaissance drilling in widely spaced (125 meters) holes,
intersected up to 7.6 grams per tonne gold over 0.76 meters. Further work is
warranted to evaluate the iron formation package hosting this gold occurrence.
Diamond exploration field studies on the project have yielded over 460
samples which are currently being analyzed for indicator minerals. Results
are expected late in the year.
Although the 1996 drill program did not intersect economic concentrations
of mineralization, the diversity of the mineral occurrences discovered to date
continues to be of interest. A compilation of the data will be conducted to
attempt to better understand the unique and complex geology to determine the
direction and extent of the 1997 program.

For further information: Mr. George Fink (President), Mr. Murray Pyke (Executive Vice President), or Mr. Phillip Mudry
(Vice President Exploration), Comaplex Minerals Corp., (403) 265-2846

12:59e 09-OCT-96

To view other releases from this company



Advertising Information.
Powered By:
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News