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 : Tan Range

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: HARLEY II who wrote (11)8/18/1997 11:27:00 AM
From: traacs   of 122
 
Tan Range Exploration Corp -

Drilling begins in Tanzania

Tan Range Exploration Corp
TNX
Shares issued 32181633
1997-08-13 close $0.9
Thursday Aug 14 1997
Mr Marek Kreczmer reports
Diamond drilling has begun on the company's Itetemia property in central Tanzania. As previously
announced, independent contractor Hennie Blignault & Associates of Johannesburg, South Africa
confirmed that the area exposed by illegal miners on the Itetemia property contains a significant
mineralized zone, indicating an extension of the structure hosting Sutton Resources' Bulyanhulu gold
deposit.
The illegal miners had excavated approximately 180 pits, of which 155 were accessible for examination.
Findings revealed a highly mineralized zone of at least four sub-parallel quartz veins hosted within
mineralized sheared volcanic rocks. Gold mineralization was confirmed in both the host rock and the
quartz veins. Each vein is approximately 1m thick. The gold bearing volcanic shear zone is roughly 10m
thick.
Based on the 155 pits sampled, the mineralized zone has now been confirmed across a length of 380m.
This gold-bearing zone is truncated against granite toward the south-east and is open to the north-west.
An induced polarization geophysical survey conducted over the workings revealed that a strong metal
factor anomaly continues for another 800m to the north-west, indicating a zone approaching a length of
1200m.
Diamond drilling will continue with assays to follow.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext