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Gold/Mining/Energy : Platinum Group Metals (PGMs) -- Ignore unavailable to you. Want to Upgrade?

To: CIMA who wrote (485)	2/2/2002 4:27:14 PM
From: Gord Bolton	Read Replies (1) \| Respond to of 529

DDH 84 This hole was drilled to test an electrical anomaly and a gold anomaly detected by soil geochemistry. The cause of the electrical anomaly was a fault zone found to be rich in graphite. Within 20 m of the fault, a horizon was intersected consisting of graphitic argillite flooded with quartz veins, and mineralized with pyrite (5-10%) and chalcopyrite. The best assay results came from a 2.40-m-thick vein between 189.50 and 191.90 m along the drill core interval. From 185.50 to 193.00 m the drill core interval averaged 517 PPB GOLD OVER 7.50M, INCLUDING A SUB-INTERVAL THAT ASSAYED 911 PPB GOLD OVER 1.90 M. newswire.ca - RLG-D14, located 400 metres south of RLG-D9, intersected a basement conductor within an altered pelitic gneiss. The hole encountered a 40 metre wide graphitic zone, including several zones of massive graphite, 80 metres below the unconformity starting at a depth of 803 metres. Previous downhole EM work on RLG-D9 indicated that another more conductive zone might exist to the south - further analysis of the ground survey data proved that interpretation to be correct. The NE strike of the conductor appears to lead to an area where RLG-D8 intersected a graphitic conductor in 1999. An off-set in the basement rocks of approximately 160 metres exists between the two graphitic zones. Future exploration will attempt to locate the offset which could be the focus of a hydrothermal event newswire.ca Holes NK00-3, 4, 5 and 6 did not intersect mineralization. The targeted geophysical anomalies are attributed to graphite or are unexplained. newswire.ca Lots of companies have located graphite accidently. Their response is typically, NEXT.