Corner Bay Silver (BAY.T) Message Board

STOCKTALK

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 : Corner Bay Silver (BAY.T)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Claude Cormier who wrote (805)	4/26/2000 1:36:00 PM
From: kidl	Read Replies (2) of 4409

Corner Bay's Dorado yields positive results Corner Bay Minerals Inc BAY Shares issued 11,541,109 Apr 25 close $2.50 Wed 26 Apr 2000 News Release Mr. Peter Mordaunt reports The continuing drilling at the company's Alamo Dorado silver/gold property in Sonora, Mexico, continues to yield positive results. Follow-up drilling on section 4+00 south (south of section 3+50 south where the previously announced high-grade silver hole AD-49 was drilled) has resulted in another high-grade drill intercept. These results are an extension of previous hole AD-12 drilled due east at minus 40 degrees. The high-grade intercept from 237.0 metres to 289.5 metres down the hole averages 341 grams silver per tonne and 0.25 of a gram gold per tonne over 52.5 metres. Within this intercept there is a zone 39 metres wide that grades 442 grams silver per tonne and 0.31 of a gram gold per tonne. This intersection clearly demonstrates continuity of a very high-grade silver core. These grades could be indicative of the feeder system responsible for silver and gold in the deposit. Equally encouraging is the fact that these high-grade silver intercepts appear oxidized and should also be amenable to heap leaching. It now appears that the lower intercept in AD-08 and the extension of AD-13 on section 3+00 south conform to AD-49 and AD-12. As a result of this drilling and confirmation of continuity along strike, the company will continue to drill this area down dip and along strike further to the south looking for the extension of this high-grade silver mineralization. All assaying from the drill program is carried out by Bondar Clegg Intertek Testing Services. In addition to these significant high-grade silver results, drilling within the main zone of mineralization continues to enhance the true width and down dip extension of the known deposit. This is evidenced by recent results listed on the table below. Three holes were drilled at 200-metre spacing along 600 metres of strike length on the southeast anomaly and have returned low-grade values. The company feels more work needs to be done in this area and detailed review of the drill material will assist in the company's understanding of this additional target area. Alamo Dorado Drill Results Equiv. Width Ag Au Ag Drill Hole (m) (g/t) (g/t) (g/t) (2) AD-12 (ext)(3) 52.5 341 0.25 355 Incl. 39.0 442 0.31 459 AD-49 52.5 697 0.41 719 AD-08 96.0 90 0.23 102 Incl. 54.0 116 0.31 133 With extension 139.5 130 0.22 142 AD-07 63.0 50 0.24 63 Incl. 54.0 63 0.26 77 AD-13 (3) 99.0 72 0.19 82 Incl. 46.5 93 0.30 109 Plus lower zone 42.0 90 0.18 100 AD-40 12.0 47 0.01 47 AD-29 229.5 120 0.25 134 Incl. 117.0 222 0.41 244 AD-25 229.5 73 0.22 85 Incl. 64.5 193 0.56 223 With extension 295.5 64 0.28 79 AD-24 156.0 46 0.10 51 Incl. 70.5 78 0.19 88 AD-10 148.5 157 0.31 174 Incl. 132.0 162 0.32 179 With extension 226.5 117 0.25 131 AD-09 115.5 60 0.24 73 Incl. 90.0 71 0.24 84 With extension 195.0 82 0.31 99 AD-14 121.5 27 0.22 39 Incl. 33.0 47 0.23 59 With extension 198.0 49 0.34 67 AD-35 142.5 93 0.26 107 Incl. 105.0 122 0.30 138 AD-34 193.5 92 0.40 114 Incl. 120.0 109 0.54 138 AD-41 147.0 49 0.53 78 Plus lower zone 22.5 22 0.23 AD-43 (3) 67.5 39 0.14 47 Plus upper zone 46.5 42 0.28 57 AD-02 132.0 82 0.37 102 Incl. 64.5 117 0.44 141 With extension 178.5 68 0.31 85 AD-01 139.0 101 0.32 118 Incl. 75.0 136 0.51 164 With extension 234.0 71 0.23 83 AD-15 133.5 27 0.22 39 Incl. 66.0 39 0.35 58 AD-31 105.0 20 0.18 30 Incl. 51.0 29 0.25 43 AD-30 52.0 42 0.08 46 Incl. 27.0 72 0.03 74 AD-27 166.5 57 0.20 68 Incl. 69.0 78 0.18 88 AD-26 184.5 43 0.20 54 Incl. 46.5 54 0.54 83 AD-37 90.0 44 0.10 49 Plus lower zone 49.5 27 0.11 33 AD-06 81.0 65 0.18 75 Incl. 54.0 84 0.23 96 With extension 186.0 57 0.20 68 AD-05 102.0 72 0.17 81 Incl. 76.5 87 0.21 98 With extension 223.5 52 0.12 58 AD-16 100.5 22 0.11 28 AD-47 25.5 28 0.08 32 AD-33 198.0 51 0.16 60 Incl. 127.5 64 0.20 75 AD-32 135.0 68 0.15 76 Incl. 106.5 80 0.16 89 AD-38 22.5 46 0.12 52 AD-04 73.5 22 0.10 27 Incl. 22.5 36 0.10 41 With extension 141.0 25 0.09 30 AD-03 100.0 29 0.21 40 Incl. 78.0 30 0.30 46 Plus lower zone 22.5 24 0.06 27 AD-17 117.0 48 0.08 52 Incl. 75.0 70 0.10 75 AD-39 81.0 51 0.40 73 AD-44 43.5 52 0.20 63 AD-45 63 36 0.08 40 Plus lower zone 40.5 23 0.06 26 Northwest area AD-23 18.0 19 0.04 20 AD-22 117.0 18 0.04 20 (1) Holes presented shallowest to deepest intercept on section. (2) Equivalents based on $5.50 (U.S.) per ounce Ag and $300 per ounce Au. (3) Newly released drill holes. Metallurgical test work is continuing under the direction of the company's metallurgical consultant Metcon Research and currently there are seven columns that have been under leach as part of 120-day leach cycles. These columns are investigating the extraction rates of an overall composite that includes high- and low-grade material from all four diamond drill holes completed for the metallurgical test, as well as columns leaching higher grade ores from the phase one pit area (DDH-04). In addition, six other columns have been loaded in the past two weeks that are now looking specifically at: 1) various column heights and the effect if any on extraction; plus 2) investigating the specific extraction rates for low-grade and higher grade material (that is 10 to 25 grams silver and greater than 25 grams silver) which at this time are treated differently in the mine plan. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next