The release was made at 6:00 PM EST. SJD property is in Western Ghana next to WGC property which also has great surface results. Both are not that far from GNU's property. Check out WGC website for maps. This will help GNU.
Here is the complete results:
Hwini-Butre drilling results St. Jude Resources Ltd SJD Shares issued 10,914,188 Apr 21 close $4.79 Tue 22 Apr 97 News Release Mr Michael Terrell reports The company's diamond drill (core) drilling is under way on its Hwini-Butre concession in Ghana, West Africa. The drilling has commenced on the Adoikrom prospect and it is anticipated that approximately 3,000 metres of drilling will be completed during this program. Generally, drill results will be released when the exploration manager reports on a series of intersections. These results, as a group, will be plotted on sections in a "fence" format. This "fence" format will allow an overall geological picture to be drawn of the Adoikrom prospect area. However, in the preliminary stages of this drill program, the exploration manager elected to more accurately determine the mineralization as defined by the initial geochemical program. The intention was to test the mineralization for quality and quantity at depth. As a result, an oblique hole, designated DG1, was collared at approximately 2550E-392N, at 280 degrees azimuth and a 60 degree west dip. The geology of the Mpohor Instrusive complex is complicated and deep weathering obliterates all definable structure to significant depths. Hole DG1 was intended to intercept the structure at an oblique/acute angle. Results on the first 100 metres of this drill hole have been received and evaluated by the St Jude field offices in Ghana. The results have been reported as being immediately significant. The average grade over the first 100 metres has been reported to average 5.40 g/t Au. Contained within this zone are some higher grade sections including 7.40 g/t Au over 34 metres and 9.0 g/t Au over 19 metres. Hole DG1 detailed per metre assay results using g/t Au are as follows:
DG1 6.29 DG18 9.23 DG35 8.78 DG2 5.58 DG19 9.23 DG36 2.75 DG3 5.81 DG20 19.40 DG37 6.64 DG4 2.98 DG21 8.58 DG38 6.59 DG5 3.34 DG22 3.72 DG39 3.72 DG6 4.86 DG23 12.20 DG40 30.80 DG7 1.78 DG24 0.84 DG41 7.17 DG8 4.68 DG25 1.25 DG42 5.70 DG9 1.38 DG26 3.51 DG43 2.56 DG10 4.95 DG27 3.23 DG44 4.10 DG11 2.37 DG28 2.08 DG45 3.68 DG12 1.48 DG29 3.29 DG46 4.53 DG13 2.67 DG30 12.40 DG47 8.80 DG14 7.30 DG31 12.40 DG48 1.34 DG15 9.90 DG32 12.40 DG49 0.84 DG16 9.23 DG33 4.05 DG50 0.68 DG17 9.23 DG34 1.98 DG51 0.14
DG52 0.66 DG69 13.20 DG85 2.44 DG53 1.10 DG70 3.90 DG86 0.88 DG54 0.40 DG71 13.50 DG87 0.40 DG55 2.24 DG72 15.70 DG88 3.87 DG56 4.20 DG73 7.80 DG89 12.60 DG57 4.78 DG74 1.20 DG90 2.68 DG58 0.94 DG75 3.18 DG91 0.65 DG59 0.81 DG76 9.58 DG92 12.70 DG60 0.91 DG77 8.57 DG93 0.47 DG61 6.43 DG78 11.70 DG94 0.30 DG62 17.10 DG79 9.68 DG95 1.61 DG63 2.35 DG80 0.50 DG96 4.10 DG64 9.92 DG81 0.24 DG97 0.90 DG65 8.72 DG82 0.30 DG98 1.10 DG66 9.04 DG83 0.20 DG99 0.20 DG67 8.80 DG84 0.32 DG100 2.65
In light of the fact that drill hole 1 intersected the core obliquely, it is not suggested that the true width of the mineralization is in any way proportionate to the length of the intersection. The width of the mineralization will be determined by a further series of drill holes which will attempt to intersect the mineralized zone in a perpendicular fashion. The drill program continues and further results are expected in approximately three weeks. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com |