Still say, this is where this Company will come back from the grave,
Easter is coming, remember that one, rose from the Dead.
I got my ashes, bought a Shamrock plant, what more can you do. but buy more stock.??
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here it is.
NEWS RELEASE
1999 Release Number 9
July 2, 1999
Standard Mining Corporation
Suite 710 - 800 West Pender Street
Vancouver, BC Canada V6C 2V6
Tele: (604) 689-0489 Fax: (604) 681-5910
TSE Symbol: SDM
SAMPLE RESULTS RELEASED
STANDARD MINING CORPORATION is pleased to announce that soil sampling at
Standard?s 150 square kilometre Zopilote gold property in Honduras has revealed an
extensive new gold soil anomaly. The new anomaly occurs mainly along the Calpules
lineament and is larger than the existing gold anomaly over the known Zopilote gold deposit
that currently has a combined gold resource of 446,000 ounces of gold. Since January of this
year, additional reconnaissance soil samples have been collected on 100 metre spacing over
3 kilometres. Assay results show excellent correlation of anomalous gold values along liner
trends. The Zopilote property lies within the NE-trending ?Motagua Gold Trend? which
encompasses Geomaque?s nearby Vueltas del Rio gold deposit (under development),
Greenstone?s new San Andres gold mine, and Glamis Gold?s discovery at Cerro Blanco in
Guatemala. This gold trend hosts significant gold resources and reserves. The trend is over
300 kilometres in length and is only partially explored.
CALPULES SOIL ANOMOLY - Reconnaissance soil sampling has identified a
continuous gold anomaly (>100ppb Au) along the east-west Calpules topographic lineament.
The anomaly is 3,000 metres in length, up to 500 metres in width, and remains open to the
east along the trace of the lineament. Soil values are commonly 200 to 700+ ppb Au with a
high value to date of 1.62 gpt Au. Local soils are thin (15 to 25 cm) and rest directly on
shattered quartz-feldspar-muscovite gneiss of the Cacaguapa Schist (Paleozoic basement).
The conspicuous Calpules lineament projects across the main access road on the property
where 105 metres of anomalous bedrock (0.3 gpt Au) are exposed. The Calpules lineament
represents a large new target and appears extremely prospective where it locally intersects
the NE-trending Limones lineament.
ZOPILOTE SOIL ANOMALY - Continued soil sampling in the vicinity of the Zopilote
gold resource (446,000 oz. Au) has extended the NE-trending Zopilote gold soil anomaly by
an additional 500 metres to an overall length of 2,200 metres with a width of 150 to 400
metres. Ore-grade gold mineralization is present in numerous drill holes and surface
trenches. Drilling has tested less than 30% of the Zopilote soil anomaly.
As well, soil sampling at Cerro Caliche has revealed a linear gold soil anomaly that extends
for 800 metres along the suspected contact between gneissic basement rocks and a local
limestone unit. This gold anomaly represents a new geologic target at Zopilote.
These new anomalies represent a significant opportunity for Standard to increase its
resource base in Honduras. A drill program has been recommended to test these areas.
Standard Mining Corporation presently has interests in gold, base metal, and diamond
properties in the U.S. , Canada, and Central America and is seeking joint venture partners.
For further information, contact Mr. Paul Saxton, President and CEO of Standard Mining
Corporation Phone (604)-689-0489 or Fax (604) 681-5910.
Standard is an exploration and mine development company traded on the TSE with its head
office located in Vancouver, BC.
just need some money from somewhere to see what is in Honduras.
Hoping for the best.
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This is it, could be a big deal here.
CALPULES SOIL ANOMOLY - Reconnaissance soil sampling has identified a
continuous gold anomaly (>100ppb Au) along the east-west Calpules topographic lineament.
The anomaly is 3,000 metres in length, up to 500 metres in width, and remains open to the
east along the trace of the lineament. Soil values are commonly 200 to 700+ ppb Au with a
high value to date of 1.62 gpt Au. Local soils are thin (15 to 25 cm) and rest directly on
shattered quartz-feldspar-muscovite gneiss of the Cacaguapa Schist (Paleozoic basement).
The conspicuous Calpules lineament projects across the main access road on the property
where 105 metres of anomalous bedrock (0.3 gpt Au) are exposed. The Calpules lineament
represents a large new target and appears extremely prospective where it locally intersects
the NE-trending Limones lineament. |
