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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (5958)5/21/2014 2:59:45 PM
From: Goose94Read Replies (1) of 203167
 
Freyja Resources (FRA-V) May 21, '14 has released the latest results of its continuing sampling program the Las Cristinas copper-silver project located about 200 kilometres from Chihuahua, Mexico.

  • Assay results from 24 samples deliver results of up to 14.45% copper and 1,580 g/t silver
  • Results show evidence of mineralization up to five kilometers to the north of the Las Cristinas Area
  • Additional sampling results around the North Mount indicate two anomalies over a width of 200 meters


Freyja Resources announced today the latest results of its ongoing sampling program the Las Cristinas copper/silver project located about 200 kilometers from Chihuahua, Mexico.

The primary purpose of this latest phase of the ongoing sampling program was to provide evidence that the mineralized corridor extends to the north of the property. Additional samples were also taken around the Las Cristinas Area to further test two anomalies over a width of 200 meters to the southwest of the North Mount. The sampling program consisted mainly of grab and channel sample intervals.

To the north of the Las Cristinas Area, the company took a total fourteen samples in two areas where small scale copper production took place in the late 60s. These two areas are named La Parrita (nine samples taken three kilometers north of the Las Cristinas Area) and La Lagrima (five samples taken five kilometers north of the Las Cristinas Area). To the southwest of the North Mount the company took ten samples. The results are as follows:


Location
Average
Cu (%)
Average
Ag (g/t)
LocationAverage
Cu (%)
Average
Ag (g/t)
La Parrita3.7039 La Parrita0.373
La Parrita0.901 La Parrita0.050
La Parrita3.192 La Parrita0.221
La Parrita2.7113 La Parrita8.3610
La Parrita7.5121 La Lagrima1.04124
La Lagrima0.3845 La Lagrima9.25792
La Lagrima14.451,580 La Lagrima0.4151
North Mount0.100 North Mount0.600.9
North Mount0.5963.9 North Mount2.526.7
North Mount0.9829 North Mount0.4915
North Mount1.256.7 North Mount1.906
North Mount1.724.1 North Mount0.970.6
President and CEO Andre St Michel commented that “the results announced today confirm that the mineralized corridor extends up to five kilometers to the north of the principal exploration area and that the width of the anomalies around the South Mount reaches up to 200 meters.” Mr St Michel concluded: “We have spent considerable time over the last few weeks analyzing all sampling results to date and planning our drilling campaign. We expect to start a three phase drilling program totaling 4,000 meters in early June. We will focus the drilling program on the Las Cristinas Area of the property, namely the North Mount and the South Mount.”

The sampling program consisted of over 24 grab and channel samples ranging from three kg to five kg per sample with a length varying from 0.8 to 1.2 meter. The samples were delivered, in secure tagged bags, directly to the analytical facility for analysis, namely the laboratory of ALS Chemex de Mexico, located in Chihuahua City, Mexico. The samples were weighed, identified and photographed prior to sample preparation. All samples are analyzed by ME-ICP61 for 31 elements, Au-ICP21 for gold, Ag-OG62 when Ag is greater than 100g/t, Cu-OG62 when copper is greater than 1% and by Cu-AA07n to obtain the oxide portion of copper. In addition, the Company continues to conduct metallurgic tests to determine the recovery rates of copper and silver.
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