Jilbey releases high-grade Bissa gold assay results
2004-05-18 08:25 ET - News Release
Mr. Gregory Isenor reports
JILBEY GOLD INTERSECTS 34.50 METERS OF 13.56 G/T GOLD IN BISSA CORE DRILLING
Jilbey Gold Exploration has released additional high-grade gold assay results from its diamond core drilling program on the Bissa deposit located in Burkina Faso, West Africa. Significant drill results from holes 17 through 29 include 13.56 grams per tonne over 34.5 metres, 5.43 g/t over 41.6 metres, 4.34 g/t over 29 metres and 6.16 g/t over 20 metres.
The drill program is designed to define and potentially expand the Bissa deposit (please refer to press releases as reported in Stockwatch March 8, 2004, and May 4, 2004). A total of 80 holes are planned and assays have been received on the first 29 diamond drill holes. Significant results from holes 17 through 29 are reported in Table 1 below. Drilling is continuing and is expected to be completed near the end of May with all assay results received by the end of June. A complete list of diamond drill holes and results will be posted on the Jilbey website at www.jilbey.com.
TABLE 1
BISSA HILL DEPOSIT
SIGNIFICANT RESULTS
HOLES 017 TO 029
Gold intersection
(0.5 g/t Au cut-off grade)
Hole
No. From To Interval Au
(m) (m) (m) (g/t)
BS04-018 3.00 44.6 41.60 5.43
BS04-019 35.00 64.0 29.00 4.34
BS04-020 17.60 22.6 5.00 2.16
and 36.00 70.5 34.50 13.56
BS04-021 16.00 36.0 20.00 6.16
and 49.00 53.2 4.20 3.91
BS04-022 23.00 49.5 26.50 3.61
and 52.40 56.4 4.00 5.90
BS04-023 18.00 44.5 26.50 2.12
BS04-024 15.00 21.0 6.00 4.72
and 34.30 38.5 4.20 4.39
BS04-025 4.45 13.0 8.55 1.87
BS04-026 8.00 16.0 8.00 1.53
BS04-027 17.80 29.3 11.50 1.54
BS04-028 9.00 17.0 8.00 1.61
and 21.00 25.3 4.30 2.11
BS04-029 2.20 23.5 21.30 4.32
Note: Lengths reported are core intersection lengths and do not necessarily represent true widths.
Jilbey controls approximately 800 square kilometres around the Bissa deposit which is located roughly 150 kilometres southwest of High River Gold Mines' planned Taparko mill. The permits contain the 22-kilometre Sabce shear zone in which the Bissa deposit is located as well as several prospective areas which the corporation will be exploring in the impending months.
Preparation and gold analysis of the drilling samples are performed at Abilab West Africa SARL in Bamako, Mali. Samples are analyzed for gold by fire assay on 50-gram subsample with an atomic absorptions spectroscopy (AAS) finish. A gravimetric finish is performed systematically on samples containing more than five g/t Au. In addition to the usual internal laboratory quality assurance and quality control (QA/QC) data, sample grind size data are monitored by Jilbey staff to ensure proper pulverization. During the current drilling campaign, Jilbey has implemented a comprehensive QA/QC program which includes inserting a minimum of 10 per cent control samples (5 per cent blanks and 5 per cent standards) in the sample stream. Blind repeat assaying at the original laboratory and check assaying at a North American accredited laboratory are planed at the end of the drilling campaign. Greg Isenor, PGeo, president of Jilbey Gold Exploration, a qualified person as defined under the Canadian Securities Administrators' National Instrument 43-101, is responsible for program supervision. |
