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Attention Business Editors:
HIGH GRADE GOLD INTERSECTIONS AT MELIADINE WEST EXPANDS THE TIRIRUNIAK ZONE
CALGARY, Oct. 7 /CNW/ - COMAPLEX MINERALS CORP. (TSE-CMF) announces
recent drill intersections have yielded outstanding high-grade gold values
within the Tiriruniak Central zone on the Meliadine West Gold Project, as
reported by the operator WMC International Ltd. (``WMC'').
The Meliadine property is located 15 kilometers north-northwest of Rankin
Inlet, N.W.T. and is held 50-50% by Comaplex and Cumberland Resources Ltd. The
western half of the property is currently under option to WMC, who have the
right to acquire up to a 60% interest in the Meliadine West Property by
spending $12.5 million in exploration expenditures. Thereafter, WMC will
provide non-recourse loans to Comaplex and Cumberland for all future
exploration and development expenditures with repayment only from production
cash flow.
Drill results for both recent and previously released holes are listed in
the accompanying table. Several exceptional intersections in the recent holes
are noteworthy and indicate the eastern and down-dip extensions of the
Tiriruniak Central Zone are open in all directions. Drillhole 96-74 tested
the eastern limit of the Tiriruniak Central Zone and returned 71.45 grams per
tonne gold over 5.18 meters. Hole 96-72, located on the lower western margin
of the zone, returned 12.42 grams per tonne gold over 5.42 meters. Two
step-out holes, 275 meters east (DDH96-73) and 600 meters east (DDH96-66) of
the eastern edge of the Tiriruniak Central Zone also intersected significant
gold values. Hole 96-73 returned 3.45 grams per tonne gold over 22.39 meters
and drillhole 96-66 hosted two separate intersections of 17.46 grams per tonne
gold over 3.29 meters and 12.18 grams per tonne gold over 4.53 meters.
To date, the Tiriruniak Central Zone has been drill tested down to the
-385 meter level and is wide open to depth (holes 96-64 assayed 9.3 grams per
tonne gold over 44.8 meters and 96-43 assayed 6.27 grams per tonne gold over
57.93 meters). Based on a 100 meter drill spacing, the zone has an
approximate strike length of 500 meters and plunges gently to the east.
Drilling indicates the Tiriruniak Central Zone mineralization is
concentrated in two parallel gold bearing shear structures that are in close
proximity to one other. The upper, hanging wall structure is a sheared oxide
iron formation horizon; the lower structure is a sheared graphitic
argillite/mafic volcanic contact zone. Economic gold intersections are
generally present in each of the sheared zones. Very high grade gold values
were also returned from a series of mineralized zones located between the two
shear structures. In several drill holes, the occurrence of multiple zones
between the two structures can result in spectacular grades and widths, as
previously reported for holes 37, 39, 42, 43, and 64 as described in the
attached table. The latest drilling confirms this relationship continues to
the east of the zone.
Comaplex is extremely pleased with the results as reported by WMC and we
anticipate an extensive drill program and evaluation will be conducted on the
property in 1997.
MELIADINE WEST GOLD PROJECT - TIRIRUNIAK CENTRAL ZONE
-----------------------------------------------------
(Select 1996 Diamond Drill Results)
gmt Au/m opt Au/ft
-------- ---------
96-37 (x) 4.47 / 39.43 m 0.13 / 129.4 ft
including 19.87 / 4.35 m 0.58 / 14.3 ft
10.57 / 7.0 m 0.31 / 23.0 ft
96-39 (x) 5.95 / 34.82 m 0.17 / 114.2 ft
including 21.91 / 5.59 m 0.64 / 18.3 ft
8.5 / 8.2 m 0.25 / 26.9 ft
96-40 (x) 22.0 / 1.3 m 0.64 / 4.3 ft
96-41 (x) 9.61 / 5.39 m 0.28 / 17.7 ft
96-42 (x) 2.41 / 35.65 m 0.07 / 116.9 ft
including 5.55 / 5.01 m 0.16 / 16.4 ft
11.63 / 4.43 m 0.34 / 14.5 ft
96-43 (x) 6.27 / 57.93 m 0.18 / 190.0 ft
including 13.8 / 4.48 m 0.4 / 14.7 ft
11.52 / 4.25 m 0.34 / 13.9 ft
20.53 / 9.17 m 0.6 / 30.1 ft
96-45 (x) 13.14 / 1.6 m 0.39 / 5.2 ft
and 11.18 / 1.9 m 0.33 / 6.2 ft
96-53 36.94 / 1.21 m 1.08 / 3.97 ft
96-64 (x) 9.26 / 44.79 m 0.27 / 146.9 ft
including 33.02 / 6.3 m 0.96 / 20.7 ft
6.74 / 3.25 m 0.20 / 10.6 ft
14.06 / 5.0 m 0.41 / 16.4 ft
50.55 / 1.67 m 1.47 / 5.38 ft
4.48 / 3.52 m 0.13 / 11.5 ft
96-66 12.18 / 4.53 m 0.35 / 14.9 ft
and 17.46 / 3.29 m 0.51 / 10.8 ft
96-71 6.1 / 5.65 m 0.18 / 18.54 ft
and 8.55 / 0.74 m 0.25 / 2.4 ft
96-72 12.42 / 5.42 m 0.36 / 17.78 ft
96-73 3.45 / 22.39 m 0.10 / 73.46 ft
96-74 56.78 / 6.53 m 1.66 / 21.4 ft
including 71.45 / 5.18 m 2.08 / 17.0 ft
96-76 78.85 / 0.74 m 2.3 / 2.4 ft
Note: true width is estimate at 70-90% of the intersections above. All
values are uncut.
(x) previously released.
A map accompanies this release. For a copy of this map, please call
Canada NewsWire at (403) 269-7605.
For further information: Mr. George Fink, President, (403) 265-2846, Mr.
Murray Pyke, Executive Vice President, or Mr. Phillip Mundry, Vice President
Exploration, Comaplex Minerals Corp.
09:01e 07-OCT-96
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