NEW RELEASE
Donner Minerals Ltd -
Preliminary drilling results from South Voisey Bay
Donner Minerals Ltd DMLShares issued 261610581998-05-13 close $2.33Thursday May 14 1998See 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. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
Mr Metals |
