NEWS cerro looks promising
SONOMA RESOURCE CORP. CERRO TORO PROJECT, SAN JUAN PROVINCE, ARGENTINA - UPDATE
VANCOUVER, May 23 /CNW/ - Sonoma Resource Corp. Trading Symbol: SNA (VSE)
Exploration activities at the 100% Company-owned Cerro Toro Project, located in San Juan Province, Argentina, have been completed for this exploration season. With the onset of winter, Sonoma's exploration team is demobilizing the camp facilities and removing equipment. The Company is engaged in discussions regarding possible joint ventures prior to the new exploration season, expected to begin in October 1997. The onset of winter prevented initiation of a planned deep core hole program, designed to investigate a 1600 meter long by 700 meter wide geophysical anomaly mapped near the intersection of the Taguas and San Crispen faults. Of the planned 40 hole program, 18 drill holes have been completed to date, due in part to logistical and mechanical difficulties. Of the assay results from holes one to sixteen, fourteen of the holes encountered mineralization. Holes RC-1, RC-8 and RC-9 encountered water and assay values may have been diluted. Significant silver/zinc/copper/gold values from the core and reverse circulation holes are as follows:
Hole From To Meters Ag Au Cu Zn (m) g/t g/t % % ---------------------------------------------------------------- DDH 1 24 48 24 38.8 0.18 0.07 2.4 114 174 60 118 0.32 0.28 2.4 DDH 2 5 27 22 - - - 0.7 DDH 3 125 143 18 74.5 0.13 0.08 0.9 DDH 4 36 54 18 40.0 0.22 0.11 0.6 83 95 12 6 - - 1.0 RC 1 17 46 29 24 0.11 - 1.7 RC 3 67 74 7 - - - 1.2 86 95 8 10.0 - - 1.2 114 125 11 7 - - 1.0 128 140 12 86 - - 0.8 RC 4 79 94 15 - - - 1.1 RC 5 19 51 32 30.3 0.11 - 1.4 (incl) - - 6 136.5 0.20 0.20 6.0 69 144 75 11.4 - - 0.7 171 189 18 24.3 - - 1.6 237 282 45 15.0 - - 1.0 RC 6 24 60 36 5.0 0.06 0.03 1.0 0 215 215 3.0 - - 0.3 RC 7 69 78 9 10.8 - 0.31 0.4 120 123 3 61.0 - 0.61 1.1 RC 10 102 128 24 10.9 - - 0.8 RC 11 75 87 12 30.0 - - - RC 12 48 54 6 19.8 - 0.23 0.8 66 72 6 21.5 - 0.21 1.3
A preliminary interpretation of the available results indicated the Cerro Toro Project has the potential to host a porphyry system. While interpretation suggests that none of the drilling to date has intersected the porphyry source, it has outlined a belt containing widespread mineralization. Results of three I.P. geophysical surveys appear to be influenced by an abundance of pyrite, increasing at depth in drill holes, that occurs below the zinc/silver/lead values. Sonoma Resource Corp. currently has in excess of $4 million in available capital, and an extensive inventory of exploration stage projects in Argentina. During the next four months, the Company plans to continue field sampling and mapping work at its 100% owned 50,000 hectare Apeleg claim in Chubut province. Early reconnaissance work has been successful in identifying several NE striking structures that contain gold and copper mineralization. Planned work will include systematic sampling and mapping of the structural stockwork zones, some measuring over 3.5 km in length.
On behalf of the Board of Directors of Sonoma Resource Corp.
Daniel J. Kunz President |