Stockwatch News Item Comaplex Minerals Corp (C-CMF) - News Release Comaplex and Cumberland complete Meliadine drilling Comaplex Minerals Corp CMF Shares issued 29,356,400 Jun 13 2003 close $ 1.80 Monday June 16 2003 News Release Also Cumberland Resources Ltd (C-CBD) News Release
Mr. George Fink of Comaplex reports DRILLING PROGRAM ON MELIADINE EAST INTERSECTS NUMEROUS KIMBERLITES Comaplex Minerals Corp. and Cumberland Resources have successfully completed the diamond drilling program on the Meliadine East project with kimberlite intersected in 14 of the 16 holes completed. The 1,650-metre program was designed to test discrete magnetic targets outlined by an airborne geophysical survey flown in the fall of 2002. A total of 16 holes was drilled on 12 different magnetic targets that represent a variety of geophysical responses. The initial drill holes in the program were vertical in orientation, with the later holes drilled at an angle to pass through the pipes and into the host rock sediments. Due to the very limited drilling completed to date on any one pipe, the exact shape of the pipes are not known at this time. The bulk of the kimberlitic core is tentatively interpreted to be macrocrystic hypabyssal facies kimberlite. Sections of heterolithic breccia composed of sediment host rock fragments in a kimberlite matrix are locally present and are interpreted as wallrock breccias. Visually observed indicator minerals are of the same species and abundance as those recovered in the till samples taken in the 2002 summer exploration program. The core is presently being logged and mapped and select sections of the kimberlite intersections from each hole will be sent to the Saskatchewan Research Lab in Saskatoon for caustic fusion diamond analysis. Samples are also being collected for additional kimberlite indicator work and petrographic description. Dr. Peter LaCouteur, qualified person for the project with regard to regulatory requirements, is managing the program for the joint venture. Dr. Herman Grutter, of Mineral Services Canada of Vancouver, B.C., was also on site providing assistance and interpretation. Both geologists have extensive diamond exploration experience in Canada and South Africa. The project, located 20 kilometres north of the hamlet of Rankin Inlet, Nunavut, is a 50/50 joint venture between Comaplex and Cumberland. (c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com |