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Attention Business Editors:
COMAPLEX MINERALS CORP. - NEW GOLD ZONE DISCOVERED ON NOOMUT PROPERTY
CALGARY, Oct. 17 /CNW/ - COMAPLEX MINERALS CORP. (CMF-TSE) announces the results of the 1996 Noomut Gold Project. The 40,000 hectare property, centered 170 kilometers west of the hamlet of Arviat N.W.T., is 100% owned and operated by Comaplex Minerals Corp. Mineralization along the 40 kilometer gold trend is related to a major east-north-east trending structure called the Ironside Shear Zone that was discovered by Comaplex in 1994. Two zones of gold mineralization; the Napartok Zone and the Ironside Zone (see map), were drilled this year. Reconnaissance prospecting and geological mapping has established other areas of gold mineralization that returned gold values ranging up to 84 grams per tonne gold from surface grab samples.
Napartok Zone ------------- An airborne electromagnetic and magnetic survey conducted early in 1996 led to the discovery of the eight kilometer long Napartok Zone. Surface work revealed a gold-bearing shear zone developed near the contact of mafic volcanic rocks and meta-sedimentary rocks. Strong iron-carbonate - arsenopyrite - quartz vein alteration associated with the zone is exposed over a strike length exceeding 4 kilometers with widths up to 75 meters. Seven widely spaced drill holes targeting geological, geochemical and geophysical anomalies were completed over 6 kilometers of the trend. The best result returned 20.37 grams per tonne gold over 3.0 meters (uncut) from DDH 96-6 (see table).
Ironside Zone ------------- Gold mineralization at the Ironside Zone is associated with quartz veins within chert-magnetite banded iron formation. Five diamond drill holes were completed on this zone. Results include 5.75 grams per tonne gold over 3.0 meters in DDH 96-1 (see table). Drilling has not fully accounted for the high grade surface samples which were collected over a 1.5 kilometer strike length.
Reconnaissance Work ------------------- Reconnaissance mapping and prospecting identified several new areas of gold mineralization. The River Zone is hosted by mineralized sediments and iron formation near the eastern end of the Noomut Gold Trend. Surface grab samples returned assay results ranging to 84 grams per tonne gold. The 1996 results from the Noomut Gold Project confirm the presence of a major gold-bearing structural break within which several new gold zones have been identified. Comaplex is convinced this area has excellent potential to host economic concentrations of gold mineralization and will be conducting future programs.
NOOMUT GOLD PROJECT DIAMOND DRILL RESULTS
------------------------------------------------------------------------- DDH Zone Interval (meters) Grams per Ounces per Tonne Gold ton Gold ------ ----------------------------------------------------------------- 96-1 IRONSIDE 67.18 - 70.18 5.75 / 3.0 M 0.17 / 9 FT 67.18 - 74.7 3.05 / 7.5 M 0.09 / 23 FT
96-2 IRONSIDE 46.19 - 48.2 2.61 / 2 M. 0.08 / 6.1 FT
96-4 IRONSIDE 77.0 - 81.0 1.49 / 4.0 M 0.04 / 12.2 FT 79.7 - 81.0 2.55 / 1.3 M 0.07 / 4 FT
96-6 NAPARTOK 11.0 - 14.0 4.41 / 3.0 M 0.13 / 9FT 70.75 - 73.75 20.37 / 3.0 M 0.59 / 9 FT
96-7 NAPARTOK 115.52 - 116.3 3.85 / 0.8 M 0.11 / 2.4 FT 131.0 - 133.5 2.00 / 2.5 M 0.06 / 7.6 FT 154.0 - 155.75 1.54 / 1.75 M 0.04 / 5.3 FT -------------------------------------------------------------------------
NOTE TO EDITORS: A map accompanies this press release. For a copy of this map, please call Canada NewsWire at (403) 269-7605.
For further information: Mr. George Fink, President or Mr. Murray Pyke, Executive Vice President or Mr. Phillip Mudry, Vice President Exploration, Comaplex Minerals Corp., (403) 265-2846
08:01e 17-OCT-96
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