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Hello,Iwould just like to post what was written in the jan 20 issue of the NORTHERN MINER. FAIRSTAR RELEASES RESULTS FROM AMANTIN. A first phase of dimond drilling on the Benso concession in GHANA has identified a gold-bearing shear zone underlying the amantine Prospect. FAIRSTAR EXPLORATIONS(FFR-M)CONDUCTED THE 5-HOLE,1800 METER PROGRAM IN ORDER TO TEST A 1-KM-LONG, GOLD- IN -SAPROLITE anomaly previously identified by a soil and geophysical survey. The latest results indicate the anomaly is underlain by a shear zone up to 200 meters wide and open at depyh, with anomalous gold values throughout. Gold values ranged from 0.1 up to 19.14 grams per tonne, with the highest value being obtained in hole 1 over a lenth of .88 meters. the longest intersection came from hole 3 , which returned 9.6 meters grading0.42 grams gold.The Amantine prospect represents one of three gold prospects found on the Benso concession.The junior will shortly begin testing the second prospect, Subriso,in a 4000 -5000 meter program of dimond drilling.The program will test a 2.5 km-long,, induced-polarization anomaly having coincident gold and copper soil geochemical anomalies. Upon completion of this program,Fairstar will begin testing the remaining Chichiwelli prospect.The Benso property lies on the southeastern side of the ASHANTI GOLD BELT.The drill program are part of an ongoing US 2.8 millon exploration program expectedto be completed by july 1997. Meanwhile,on the Fenelon prospect in the CASA BERADI area of northwestern Quebec,Fairstar has begun a $2 million, 12000-to-14000 meter program of dimond drilling.Initially,short holes will be drilled over the 250-meter-long-by-200-meter deep main zone, with the aim of confirming the current gold inventory pontentially amenable to open pit mining.Previous drilling identified several high grade intersections in the zone,including 5.64 meters of 89.62grams gold.Further drilling will test other targets within the immediate vicinity of the main zone as well as several targets found through the property.CURRENTLY three drill rigs are on site, and drilling is expected to continue until late march. This was written in the northern miner. DAN |
