Just in folks:
Piskanja assays
Erin Ventures Inc EV
Shares issued 10,713,333 Feb 4 close $1.00
Thu 5 Feb 98 News Release
Mr Tim Daniels reports
The initial assays from the infill drill program on the company's Piskanja borite project in Yugoslavia have met and exceeded expectations.
Four main borite beds were intersected for a total of 23 metres of compact (high grade) borite. The top bed returned a 10 metre intersection of 35.36% B2O3 (boron) including 3.5 metres of 43.18% B2O3; the next bed returned a 2.5 metre intersection with an average grade of 30.94% B2O3; the third bed included a 3 metre intersection with an average grade of 22.25% B2O3; and the last bed included a 3 metre intersection with an average grade of
24.92% B2O3.
As well, these results confirm that the upper two borite beds, discovered during earlier wide spaced drilling, have continuity.
In accordance with the policies of the ASE, the following technical information is provided.
Results are stated as a percentage concentration.
All measurements are metric.
Chemical analysis was conducted by Geozavod-nemetali (Geological Institute of Yugoslavia).
Analytical Methodology: Standard chemical analysis.
Duplicate sample splits and pulps have been sent to Lakefield Research in Lakefield, Ontario for check analysis.
Samples were collected between 06/11/97 and 11/11/97.
Analysis was conducted between 26/01/98 and 28/01/98.
Results presented are from drill hole B-9/97.
Location: Piskanja project, Baljevac, Yugoslavia.
Sample type: Reverse circulation - centre line sampling system.
Azimuth/dip: Vertical hole, 90 degree dip.
Sample interval is 0.5 metres.
Lithology is typical of sedimentary basins, primarily shales, marls and limestone with two primary gently undulating borate beds, mineralization is primarily dense, compact colemanite with some ulexite.
Sample widths: 0.5 metres.
Weighted average grades:
10m of 35.36% B2O3
includes 3.5m of 43.18% B2O3
2.5m of 30.94% B2O3
3m of 22.25% B2O3
3m of 24.92% B2O3 |
