Just be glad that Medinah didn't put out drill results like these. Medinah's Northern neighbor in Chile-Rock Resources really come up with just dirt in the recent drill program released this evening.(The timing is no surprise!) Really makes you appreciate the kind of results Medinah has found!
NEWS RELEASE
June 26, 2000
CORPORATE UPDATE
Rock Resources Ltd. is pleased to announce the drill program results from the primary porphyry copper target on Mount
Tacho. A total of 1,746 metres of core was drilled in a total of six holes. The drilling formed a fence of holes across
the whole Mt. Tacho target. Four of the six holes intersected copper mineralization primarily as chalcopyrite in quartz
veins. These holes and highlights of the assays are documented on the following table:
Drill Hole # From (m) To (m) Width (m) Copper %
DDH00-17 66.0 70.0 4.0 0.29 (2863 ppm)
DDH00-19 15.0 33.0 9.0 0.14 (1329 ppm)
DDH00-20 98.0 100.0 2.0 0.29 (2877 ppm)
DDH00-20 304.0 306.0 2.0 0.19 (1909 ppm)
DDH00-21 37.0 43.0 6.0 0.14 (1407 ppm)
DDH00-21 146.0 148.0 2.0 0.11 (1087 ppm)
All of these intersections contained anomalous amounts of gold, however, less than 0.2 grams/tonne.
The drilling intersected propylitic altered volcanic rocks which were intruded by a thick sill or sheet of weakly altered
to unaltered and unmineralized monzonite. All of the mineralized intersections were in the volcanic rocks. The
geological, geophysical and assay data is presently being compiled and evaluated with the idea that there may be a
mineralized body below the monzonite which is deeper than the depth intersected in the drilling. The monzonite appears to
be later than the phyllic alteration, possible evidence of a porphyry system, and the monzonite has possibly stoped off the
mineralization near surface.
The compiled information will be documented in a report and sent to the several senior mining companies which are
considering joint venturing the property. The next stage in the Coiron program is to test the deep ore model by a program
of deep penetrating geophysics followed by deep hole drilling.
Complete assay details with respect to the six holes will be posted on the Company's website, www.rockresources.com.
In the news releases dated April 19, 2000 and May 5, 2000, Rock released assay results from the drilling of nine holes in
the secondary target of Cerro Macote - Cerro Carmen and a large, strong geophysical anomaly. The drilling on Cerro Macote
- Cerro Carmen demonstrates that the two hills are part of a weakly developed porphyry copper system in its own right,
completely unrelated to the Mount Tacho system. Copper values average approximately 0.07% copper throughout the
mineralized section. Gold values are erratic, however, several samples range from 100 to 1000 ppb Au (0.1 to 1.0 g/tonne
Au). Highlights from the Cerro Carmen - Cerro Macote program are as follows:
Drill Hole # From (m) To (m) Width (m) Cu %
DDH00-8 49.6 55.6 6.0 0.12 (1245 ppm)
94.0 104.0 10.0 0.10 (956 ppm)
119.0 123.2 4.2 0.21 (2072 ppm)
248.0 250.0 2.0 0.55 (5541 ppm)
288.0 290.0 2.0 0.10 (1026 ppm)
DDH00-13 90.1 92.1 2.0 0.25 (2466 ppm)
108 110 2.0 0.17 (1686 ppm)
122.9 126.9 4.0 0.30 (2910 ppm)
DDH00-14 27.0 33.0 6.0 0.17 (1747 ppm)
78.0 80.0 2.0 0.10 (1030 ppm)
129.5 133.5 4.0 0.11 (1107 ppm)
139.5 145.5 6.0 0.17 (1746 ppm)
203.0 207.0 4.0 0.12 (1189 ppm)
DDH00-15 79.0 81.0 2.0 0.15 (1478 ppm)
109.0 152.0 43 0.14 (1360 ppm)
180.0 182.0 2.0 0.16 (1566 ppm)
215.5 217.5 2.0 0.16 (1633 ppm)
DDH00-16 73.0 75.0 2.0 0.10 (1021 ppm)
137.0 139.0 2.0 0.17 (1738 ppm)
246.0 248.0 2.0 0.12 (1228 ppm)
260.0 262.0 2.0 0.12 (1237 ppm)
276.0 282.0 6.0 0.14 (1443 ppm)
286.0 288.0 2.0 0.10 (1026 ppm)
On behalf of the Board of Directors: |
