SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : INTERNATIONAL TAURUS RESOURCES INC. (ITS:VSE)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bob Walsh who wrote (92)3/11/1999 12:11:00 PM
From: Bob Walsh  Read Replies (1) of 123
 
News release: International Taurus extends gold zone at Martinere prospect

International Taurus Resources Inc ITS
Shares issued 28,530,403
Thu 11 Mar 99 News Release
Mr. Robert Blakestad reports
The company has received the preliminary gold assay results from four holes
completed to date from the current drilling program on the Martinere "D"
gold prospect in the Detour Lake-Selbaie region of the northern Abitibi
Belt in Northern Quebec. Partial assay results were reported from two holes
on March 1, 1999.
The following table of new results documents that drilling on the property
continues to demonstrate that the new gold zone extends to depth.
The principal target at Martinere "D" is a zone of gold mineralization in
mafic volcanic rocks and quartz porphyry intrusives associated with a
northeast splay off the Detour deformation zone. Previous drilling had
intercepted 12.5 grams per ton over 2.5 metres and 1.07 g/t gold over 12
metres in a discovery hole (97-6) drilled by Cyprus Canada Inc. The
company's current program has offset the initial Cyprus discovery hole
through drilling nine additional holes totalling 1,869 metres to expand
this new discovery.
The current results reveal the existence of a new zone of strong rock
alteration and gold mineralization averaging about 20 metres in width to
the south of and possibly parallel to the zone discovered by Cyprus Canada
in previous drilling. The results received to date are summarized below.

Previously reported:

Hole Location Interval Length
No. (m) (m)
----- --------- ------- ------
99-11 50 m south 32.9 - 49.1 16.2
and 400 m
west of
97-6
incl. 32.9 - 36.8 3.6
42.7 - 49.2 6.5

99-13 50 m south 76.2 - 80.4 4.2
of 97-6
and 92.0 - 93.9 1.9

Hole Location Assay Values
No. (g/t Au)
----- --------- ------------
99-11 50 m south 3.02
and 400 m
west of
97-6
incl. 3.78
5.11

99-13 50 m south 14.44
of 97-6
and 1.07

New results:

Hole Location Interval Length
No. (m) (m)
----- ---------- ------- ------
99-16 50 m south 106.7 - 129.1 22.4
of 93-13
incl. 106.7 - 112 5.3
116.5 - 122.6 6.1
124.2 - 129.1 4.9

99-17 50 m south 106.2 - 107.7 1.5
of 99-11

Hole Location Assay Values
No. (g/t Au)
----- ---------- ------------
99-11 50 m south 2.18
of 93-13
incl. 5.98
1.17
1.49

99-17 50 m south 1.49
of 99-11
The reported assays are of a preliminary nature and are subject to revision
once verified by the laboratory and check assays. Assay results from more
than 400 samples taken fromn the nine holes are pending from the laboratory
and will be reported when received and evaluated by the company.
The company has suspended drilling until the remaining assay results are
received and evaluated. Drilling at 100-metre spacing along strike of the
current intercepts as well as to depth is planned.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News