Claude,
Anything new here?
NDT VENTURES LTD.
PRESS RELEASE.
September 18, 2000 #00-05
Suite 860 - 625 Howe Street, Vancouver, B.C. V6C 2T6, CANADA Telephone: (604) 687-7545;Facsimile: (604) 689-5041
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CHANNEL SAMPLING CONTINUES ON ANTAÑA PROJECT –
ADDITIONAL METALLURGICAL TESTING SCHEDULED
NDT Ventures Ltd. (CDNX:NDE; OTCBB:NDTVF) is pleased to provide a progress report on the Company’s exploration program at the Antaña project located near the city of Juliaca in southern Peru. Antaña is a large intrusive related gold system acquired by the company earlier this year.
Detailed geological mapping of the concession is in progress and a channel sampling program over the known areas of mineralization and alteration commenced in early September. The sampling and mapping program is designed to better define the distribution and controls of the rhyodacite hosted gold mineralization. Sample lines are oriented north 45 degrees east, with this geometry being approximately normal to the strike of the potential ore zone. The program focuses on the Antaña Ridge zone where known mineralization outcrops over an area of approximately 1,000 by 400 meters. Sampling will also be conducted on outlying outcrop areas that exist up to 500 meters distant from the main ridge. On the Antaña Ridge, lines will be spaced at approximately 50 meter intervals over the exposed rhyodacite with each sample representing a horizontal distance of two meters. Samples from the initial channel lines have been submitted to ALS Chemex for analysis and results will be released once received. Data from this ongoing program will be compiled to aid in the planning of a fourth quarter drilling program.
The Antaña project is being viewed as a potential bulk-minable heap leach operation. Initial cyanide bottle roll tests conducted by the Company on 32 mineralized surface samples, resulted in an average gold recovery of 89.13 percent. These initial tests were performed on sample pulps and the range of recoveries were between 72.3 % and 97.8 %. To advance the Company’s knowledge of the leach characteristics of the rock, additional surface samples are being procured to perform testing on coarser size material ranging form 1/8" to ¾" in diameter. This work will be initiated during the final week of September.
NDT’s President, Fred Hewett, states: “We are pleased to be involved in a project with this potential. Antaña has many of the positive factors needed in the development of a mineral deposit and we look forward with anticipation to the planned drilling.”
Work on the project is being carried out under the supervision of Mr. Tom Burkhart, Vice President Exploration of NDT Ventures Ltd. The company will continue to keep shareholders informed as work progresses on this exciting project.
On Behalf of the Board,
NDT VENTURES LTD.
“F. G. Hewett”
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Fred G. Hewett, President
For further information please contact the Company at (604)687-7545 or (888)338-2200
** INTERNET ADDRESS: www.northair.com/ndt/ ** Email: info@northair.com
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release. This news release may contain forward looking statements which are not historical facts, such as ore reserve estimates, anticipated production, sales, revenues, costs, or discussions of goals and involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production; and project development, ore reserve estimates, and cost engineering estimate risks. See the Company’s Form 6-k and 20(f) reports for a more detailed discussion of factors that may impact expected results. |
