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Gold/Mining/Energy : Christopher James Gold Corp - CJG

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To: jerry janko who wrote ()	1/22/1998 10:50:00 AM
From: jerry janko	Read Replies (1) of 26

From: newsout@canada-stockwatch.com Date: Thu, 22 Jan 1998 02:43:02 -0800 Subject: Stockwatch: Christopher James Gold Corp - News Release To: ajanko@erinet.com Further drill results from Big Kidd project Christopher James Gold Corp CJG Shares issued 4,961,260 Jan 20 close $0.74 Thu 22 Jan 98 News Release Mr E. Brian Higgs reports Further encouraging gold and copper values have been returned from hole BK97-05 drilled on the Big Kidd breccia target. Gold-copper intersections in this hole are summarized in the following table: Hole BK97-05 From To Length Au Cu (m) (m) (m) (g/t) (%) 142.93 200.00 57.07 0.306 0.155 200.00 234.90 34.90 1.953 0.108 Including 215.44 234.90 19.46 3.090 0.113 234.90 258.89 23.99 0.302 0.074 142.93 234.90 91.97 0.931 0.137 142.93 258.89 115.96 0.801 0.124 Note: 30 gram Au geochem. ICP Cu. Eco-Tech Laboratories, Kamloops, BC. Geochem. ppb gold converted to g/t and ICP ppm Cu to % Cu. Hole BK97-05 was a near twin to Placer Dome DDH92-1 drilled by the company to verify previous results and was 43m longer (total depth 288m) to better cover mineralization. The bottom 70m of DDH92-1 averaged 0.75 g/t gold and 0.2% copper within potassic altered intrusion breccia. BK97-05 encountered a broad gold-copper zone 115.96m long (142.93 to 258.89m) that averaged 0.801 g/t gold and 0.124% copper. Within this is a higher grade core zone 19.66m long averaging 3.09 g/t gold and 0.113% copper flanked by broader zones averaging 0.30 g/t gold and 0.07 to 0.16% copper. Within the core zone four 3.00m samples yielded gold values in the 2.2 to 4.6 g/t range with another 1.46m sample at 11.85 g/t gold. All of these higher values are hosted by potassic altered intrusion breccias as in Placer Dome hole DDH92-1. Higher average gold grades in BK97-05 than DDH92-1 can in part be related to less dyke material within the mineralized zone. Gold-copper mineralization within these holes is at similar elevations to that previously reported for hole BK97-04 (59.46m averaging 0.927 g/t gold, 0.178% copper) drilled from the opposite direction and 30 degrees off-section. The higher grade core zones in BK97-05 and 04 are 40m or morec apart horizontally, both lie 100m to 140m vertically below trench 92-2 (32.5m averaging 0.56 g/t gold, 0.112% copper). The potential for a sizable gold (copper) zone in the northern part of the Big Kidd breccia appears excellent. Results from drill holes BK97-06 and 07, drilled approximately 250m south of BK97-05 on the Big Kidd breccia, will be available and released shortly. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

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