Erin Ventures provides Stope Baby assay results
Erin Ventures Inc
EV
Shares issued 21,611,450
2000-10-06 close $0.2
Tuesday Oct 10 2000
News Release
Mr. Blake Falls reports
Recent exploration on the Stope Baby project, located in the
Quesnel trench of central British Columbia, has returned
some encouraging results. Low water conditions have
permitted resumption of geologic mapping and sampling in
Moffit Canyon adjoining the previously announced high-grade
polymetallic discovery. A total of four new mineralized zones
has been discovered to the west of the discovery showing, all
of which carry significant mineralization over widths of 15 to
25 centimetres. The mineralized zone now exceeds 100
metres in width, and occurs in Triassic volcanics, with a
well-developed quartz-carbonate stockwork. Although lack of
rock exposure has prevented mapping of the lateral extension
of this mineralized zone, it appears to be defined by a
resistivity anomaly which is centrally located within a broad,
low-grade chargeability anomaly. It is intended that the current
diamond drilling program will be expanded to test this target
area. Sampling of the new zones returned the following assay
values:
Cu Pb Zn Ag Au
% % % g/t g/t
Sample No. 058609
1.032 0.06 1.06 9.3 0.94
Sample No. 056810
0.961 0.08 0.42 13.2 0.94
Sample No. 056811
0.156 0.32 17.76 6.7 7.47
Sample No. 056812
0.138 0.10 10.42 4.7 3.37
Sample No. 056813
0.372 0.04 18.23 4.6 1.59
Sample No. 056814
0.114 0.06 0.48 2.3 2.67
In addition, two diamond drill holes have been drilled to date
to test the discovery showing. Drill hole 1-2000 was drilled to
the southeast at negative 45 degrees and shows significant
quartz and carbonate stockwork in the volcanics from near
surface to hole bottom at 556 feet. The target zone was
encountered from 119.9 to 121.7 metres, and consisted of
semi-massive sphalerite enclosing blebs of galena and
chalcopyrite within a grey-green carbonate zone. Assay
results for this interval returned values of 0.13 per cent Cu,
0.10 per cent Pb, 3.57 per cent Zn, 9.1 grams per tonne (g/t)
Ag and 0.42 g/t Au.
All assaying was conducted by Acme Laboratories of
Vancouver, B.C. The gold and silver values are the result of
fire assaying, while the lead, zinc and copper values were
produced by wet chemical assaying methods. |
