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Non-Tech : IAMR - InterAmerican Resources, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Evan who wrote (179)12/5/2001 2:14:16 PM
From: Chuca Marsh  Read Replies (1) | Respond to of 208
 
A 180 Degrees? Mo a 360 degree shift of value understanding. This Moly Metals Bulk Project just came out within the 1hr at CSW, and we have SO MUCH MORE than they have declared they will look for this season at IAMR we have the Targets. We have the ROADS, we have the drills in process and the Old Stuff from Exxon( it is not ENRON lol)and we have DOUBLE the Copper Numbers if not tripple those in bold below to shwo what WE HAVE.
SO:
Christopher James Gold Corp - News Release
Christopher James Gold confirms Au-Mo porphyry system
Christopher James Gold Corp CJG
Shares issued 6,866,099 Nov 30 2001 close $.250
Wednesday Dec 5 2001 News Release

Mr. David Taylor reports
The 2001 field program on the Worldstock porphyry target (Silver Lake property) 17 kilometres northwest of Little Fort, B.C., has recently been completed. This target lies in the eastern claims and is bisected by a main logging road, 10 kilometres from Highway 24. The 2001 program consisted of geophysical-induced polarization and magnetic surveys in the winter. Target definition in early summer included geological mapping, prospecting and soils followed by limited trenching and road building. A preliminary seven-hole diamond drill program totalling 879 metres was completed in July. This was the first recorded drilling in this area. Core logging and sampling was put on hold during the highly successful discovery program in the southwestern property area (see earlier company press releases). Project consulting geologist R.C. Wells reports the following:
QUOTE
2001 EXPLORATION AT WORLDSTOCK HAS CONFIRMED A NEW HIGH LEVEL AND ZONED COPPER-SILVER (AU, MO) PORPHYRY STYLE SYSTEM. Exploration is still at an early stage, all the features observed to date are consistent with this model. The high level porphyry features include:
- Large (greater than 1km by up to 700m) semi-coincident IP. chargeability and copper (local Ag, Au, Mo, Zn) in soil anomalies. These are open to the north and south.
- The soil anomaly area features parallel zones of phyllic-argillic alteration with narrow core areas of potassic alteration centred on crowded feldspar porphyry dikes (potassic). The highest copper-silver (local Au) are associated with the latter. Quartz-carbonate vein stockworks cutting argillic alteration are commonly vuggy and locally chalcedonic.
- Outboard from the soil anomaly occur extensive areas of pyritic propylitic alteration with elevated copper values and local quartz-carbonate vein zones with Pb, Zn, Cu and local Mo.

The grid area has low topographic relief and is covered by a blanket of glacial till of variable thickness. Large parts of the southern grid are obscured by swamp. Trenching in June was hampered by water conditions, however, SIGNIFICANT COPPER VALUES WERE RETURNED FROM THE 2 TRENCHES AND PITS ON THE SOIL ANOMALY.
- TRENCH#1 cutting the original Worldstock showing (0.78% Cu panel sample) returned 24 METRES AVERAGING 0.19% CU,
INCLUDING 10M @0.28% CU, 2.4G/T SILVER.
- PIT#2, 250m to the southeast featured considerable quartz-carbonate veining and patchy chalcopyrite mineralization. COPPER VALUES OF 0.22%, 0.84% AND 2.69% (UP TO 31.5 G/T AG) WERE RETURNED FROM LARGE GRAB SAMPLES.
The seven 2001 holes tested the soil anomaly on 4 widely spaced sections between 200 and 250 meters apart. These holes were however drilled in two directions with variable dips in order to maximize coverage. Strongly anomalous copper values were associated with pyritic, propylitic, argillic-phyllic and potassic alteration zones which appear to be centred on crowded feldspar porphyry dikes. The copper mineralization is extensive and often difficult to identify because of the abundant pyrite. Some fill-in core sampling is required.
- HOLE #1 BENEATH TRENCH#1 INTERSECTED 10.4M. (59.00-69.4M) AVERAGING 0.38% CU, 2.6 G/T AG INCLUDING 1.41M. @ 0.935% CU IN A NARROW PORPHYRY DIKE. A MORE PERIPHERAL ALTERATION ZONE NEAR THE TOP OF THE HOLE AVERAGED 0.14% ZINC WITH LOWER CU OVER 18.25 METERS.
- HOLE#7 (-68) 250M. TO THE NORTH INTERSECTED 20.9M (34.4-55.3M), AVERAGING 0.17% CU, 2.6 G/T AG. HOLE#3 (-55) ABOVE #7, INTERSECTED 18.5M @ 0.09% CU.
- THE OTHER FOUR HOLES ALL ENCOUNTERED STRONGLY ANOMALOUS CU VALUES COMMONLY IN THE 200 TO 1500 PPM. RANGE WITH LOCAL AU UP TO 250PPB AND MO UP TO 150PPM.
FURTHER DRILLING IS CLEARLY WARRANTED. ONLY A SMALL AREA ON THIS LARGE ANOMALY HAS BEEN TESTED AT SHALLOW DEPTH. THERE IS GOOD POTENTIAL FOR HIGHER GRADE AND INTRUSIVE CENTRED, BULK TONNAGE COPPER-SILVER (+AU AND/OR MO) ZONES AT DEPTH AND ALONG THE NORTHWEST TREND.
THE WORLDSTOCK PORPHYRY IS THE FIRST HIGH LEVEL, ZONED PORPHYRY TARGET TO BE RECOGNIZED IN THE LITTLE FORT SECTION OF THE NICOLA BELT. THIS BELT HOSTS MANY OF THE PAST AND PRESENT PORPHYRY CU, CU-AU AND CU-MO PRODUCERS IN BC.


(c) Copyright 2001 Canjex Publishing Ltd. canada-stockwatch.com

old url (better for printing
Chucka