Donner Minerals Ltd -
Preliminary drilling results from South Voisey Bay
Donner Minerals Ltd
DML
Shares issued 26161058
1998-05-13 close $2.33
Thursday May 14 1998
See Northern Abitibi Mining Corp (NAI) News Release
Mr. Glen Harper reports
Northern Abitibi has been informed of interim diamond drilling results by Donner
Minerals, the operator of their jointly owned base metals property in Labrador.
Harvey Keats, Donner's president, reports that the company has received
preliminary diamond drilling results from the $14.8-million, South Voisey Bay,
exploration program. Two drill rigs are currently drilling the first two holes on the
Donner Minerals/Northern Abitibi joint venture property. Hole 98-98, designed to
test the eastern trend of the UTEM geophysical anomaly, intersected 19.7 metres
of mineralization at the base of the olivine gabbro intrusion, including 18.5 metres
with 2 to 4 per cent pyrrhotite and minor chalcopyrite and 1.2 metres of
semi-massive sulphide containing 30 per cent pyrrhotite and trace chalcopyrite.
The hole is presently at a depth of 181 metres, in the footwall gneiss. Hole 98-99,
designed to test the extent of mineralization in hole 97-96, based on the UTEM
survey, intersected 8.5 metres of mineralization with 2 to 4 per cent pyrrhotite and
trace chalcopyrite at the base of the olivine gabbro. The hole is presently at a
depth of 191 metres, in the footwall gneiss. Both holes will be continued to
approximately 100 metres into the footwall gneiss to test for high grade
mineralization similar to that found in hole 97-75.
The first two holes are part of a 22,500 metre, phase 1 exploration program,
which includes 9,400 metres of diamond drilling on the Donner Minerals/Northern
Abitibi joint venture property. Drilling will continue with three drill rigs to follow up
on the massive sulphides discovered on the Donner Minerals/Northern Abitibi
property during 1997 in holes 97-96, 97-75, and 97-67 and to explore additional
targets throughout the project area.
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