Here is the rest of the press release by Bell Resources
Thu Nov 9, 2006 Bell's Sombrero Butte Project Delivers Significant Copper Intersections
-------------------------------------------------------------------------------- Vancouver, British Columbia: Bell Resources Corporation (the "Company" or "Bell") is pleased to announce partial drillcore assays from the Phase I drill program on its Sombrero Butte Project, located in the Copper Creek district, Pinal County, Arizona. The intent of the current drilling program is to test a cluster of nearly twenty breccia pipes, several of which contain high grade copper as chalcocite, bornite, and chalcopyrite. These early assays support the Company's belief that copper mineralization in the breccia pipes may be related to an underlying porphyry copper deposit.
Highlights: Extensive copper intersections including 48 meters (158 feet) of 1.06%
Initial drilling has intersected porphyry intrusions in drill hole SB-02
Based on preliminary results a second more extensive program has been approved to immediately follow the Phase I drill program ------------------------------------- DRILL HOLE# FROM TO METERS % CU ------------------------------------- SB-01 Leached breccia, no significant intercepts ------------------------------------- SB-02 286m 334m 48m 1.06% incl. 318m 328m 10m 2.04% ------------------------------------- SB-03 272m 294m 22m 0.58% ------------------------------------- SB-03 470m 488m 18m 1.14% incl. 480m 488m 8m 2.06% -------------------------------------
All three drillholes were collared from a common drill pad at various angles to test three distinct breccia pipe targets. Drillhole SB-01 was drilled in a southeasterly direction at an inclination of 45° to test the shallow parts of the Magna and Sunset breccia pipes. The oxidized and leached tops of both of these breccia pipes were intersected by the drillhole.
Strong evidence of prior primary copper mineralization in the form of earthy hematite led to the redrilling of the Magna breccia pipe in SB-02, which was also drilled in a southeasterly direction but at an inclination of 82°. This drillhole cut the Magna breccia and demonstrated a significant interval of supergene copper (chrysocolla and chalcocite) enrichment beneath the leached capping. Porphyry intrusions formed the matrix of the breccia in several intervals, reinforcing the concept of a genetic link between the breccia-related mineralization and a possible underlying porphyry copper system.
Drillhole SB-03 was drilled in a northeasterly direction at an inclination of 80°. This hole tested a third target, the Campstool breccia pipe. The drillhole intersected two intervals of significant copper mineralization in the form of chrysocolla, native copper, chalcocite, bornite, and chalcopyrite, accompanied by tourmaline, specular hematite, amythest, and rhodochrosite.
After completion of the drilling which is currently underway to test the Maverick breccia pipe, the drill will move to a new drill site to test the supergene enriched portions of the Sunset breccia pipe. Based on these preliminary results the program has been doubled in size to 10,000 feet of coring. The Company plans to complete additional drillholes on the Victors and Saguaro breccia pipes in the next drilling campaign. This drilling is expected to extend into the 1st Quarter of 2007.
The management of Bell has significant experience in North and South American porphyry copper systems and the relationship between breccias and porphyry copper deposits. Additionally, W. Glen Zinn and Dr. Tim Marsh have extensive experience in the Copper Creek district where previously they were responsible for the identification of a significant copper resource.
"Based on our knowledge and experience in the Copper Creek District we are very excited by these excellent early results and the strong indications they provide of an underlying copper porphyry system". - W. Glen Zinn, President & C.E.O.
Sampling was conducted under the direct supervision of Amy Eichenlaub, B.Sc., Project Geologist, and Rex Evatt III, B.Sc., geological consultant to the Company. Samples are kept in a locked container and are delivered in person to the laboratory by Ms. Eichenlaub. Control samples, including field blanks, copper standards, and duplicate splits of core were inserted into the sample stream at an average rate of one control sample per seven unknowns.
For the purposes of this news release, the Company's Vice President of Exploration, Timothy Marsh, P.E., PhD, is the Qualified Person.
Sombrero Butte Project
The Sombrero Butte Project is located in Pinal County, Arizona. The project represents the first consolidation of these claims since they were mined back in 1920. The Sombrero Butte Project constitutes a significant opportunity to quickly delineate high grade copper breccia resources. A transition with depth from the high grade breccia environment to a larger tonnage porphyry copper system is also expected at Sombrero Butte.
Bell Resources is focused on the exploration and development of a diversified portfolio of North American base metal projects with the most advanced being the past producing Granduc Mine. All projects will be advanced along a path toward potential production enabling Bell Resources to make the transition from explorer to producer.
On Behalf of the Board of Directors of Bell Resources Corporation
"W. Glen Zinn"
W. Glen Zinn, CEO, President & Director |