Yes, another 1.5 million inferred. The 7 million has been out there a long time I think. and then they just finished 20,000 meters more or less and have yet to receive results.
redcorp-ventures.com
And including this:
Redcorp Ventures Ltd (C-RDV) - News Release
Redcorp cuts 20.05 m of 45.7 Ag at Tulsequah
2006-06-14 09:23 ET - News Release
Shares issued 87,036,604
RDV Close 2006-06-13 C$ 0.29
Mr. Terence Chandler reports
REDCORP VENTURES LTD.: TULSEQUAH PROJECT DRILLING INTERSECTS HIGH GRADE ZONES
Redcorp Ventures Ltd. and its wholly owned subsidiary Redfern Resources Ltd. have provided initial assay results for the 2006 underground drilling at the Tulsequah project in northwestern British Columbia. A total of seven underground drill holes were completed and results have been received for the first four. These holes were drilled to assess areas of inferred resources in the upper portions of the Tulsequah Chief deposit for feasibility and mine planning purposes.
Esti-
mated
true
From To Length width Au Ag Cu Pb Zn
Hole No. (m) (m) (m) (m) (gpt) (gpt) (%) (%) (%) Lens
TCU06142 118.00 121.50 3.50 2.8 0.43 21.81 0.24 0.8 2.62 H4
plus 131.15 151.20 20.05 16.9 1.42 45.7 2.52 1.08 4.88 H3
Incl. 134.20 139.20 5.00 4.0 3.07 72.32 6.29 0.06 7.11 H3
TCU06143 133.90 141.65 7.75 7.2 1.65 58.13 0.77 1.74 7.36 H3
TCU06144 Intersected pyrite-facies sulphides No significant values
TCU06145 242.20 251.05 8.85 6.8 7.45 464.5 1.54 3.14 16.01 H4
plus 274.40 280.60 6.20 4.8 1.36 49.20 0.39 0.50 2.34 H3
TCU06142 cut both the H4 and H3 massive sulphide lenses. The H4 lens intercept, cut from 118.0 to 121.5 metres, is significant as it is approximately 65 metres up-dip from where the lens was previously modelled and may allow for an increase in mineral resources at shallow depths. The intercept of the H3 lens is particularly copper rich from 131.15 to 151.2 metres. The upper contained high-grade intersection from 134.2 to 139.2 is approximately 80 metres below existing mine workings and accessible to early development in the feasibility study mine planning.
TCU06143 cut the H3 lens and is approximately 42 metres up-dip from TCU06142. Zinc facies mineralization from 133.9 to 141.65 metres sits above a thick intersection (22 metres) of pyrite-facies massive sulphide with lower base-metal values. Elsewhere in the Tulsequah deposit, massive pyrite grades laterally into base-metal-rich massive sulphide. Potential exists to expand the mineralized resources in this area with further drilling. The intersection in this hole is approximately 45 vertical metres below existing workings.
TCU06144 cut a pyritic phase of mineralization within the H3 lens. Metal values were low throughout this interval. While disappointing, previous drill holes (TCU93-55 and TCU06145) in the area of TCU06144 cut significant mineralization in the H3 lens, suggesting that this low-grade mineralization is limited within the overall lens.
TCU06145 cut both the H4 and H3 lenses. Of particular interest is the very-high-grade, gold- and silver-enriched, zinc-facies mineralization cut from 242.2 to 251.05 which is located quite shallow relative to historic workings and may be accessible to development early in the mine plan. In addition, the H3 intercept is at the extreme western edge of the current model of the lens, suggesting the lens remains open to the west.
Holes remaining to be reported are currently being processed by the assay lab. All of the sampling has been conducted by Redfern geologists using established sampling procedures. Samples are shipped directly to Eco-Tech Laboratories in Kamloops for sample preparation, ICP analyses, wet assays for base metals and fire assays for gold and silver using industry-standard procedures. A comprehensive quality assurance/quality control (QA/QC) program is in place to ensure sample and assay integrity including field blanks and duplicate samples and both base-metal and gold standards.
Surface drilling continues at the Big Bull deposit area, nine kilometres south of the Tulsequah Chief mine with two diamond drill rigs. Six holes have been completed to date out of a planned 38-hole program at this target. Logging and sampling of mineralized intersections is in progress and results will be reported once the assay results have been received and compiled.
Megan O'Donnell, PGeo, and Michael Allen, PGeo, are the qualified persons, as defined by National Policy 43-101, supervising the exploration program at the Tulsequah project. Eco-Tech Laboratories of Kamloops, B.C., is an accredited assay laboratory conducting the sample analyses and assays using standard techniques.
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