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Gold/Mining/Energy : Zappa Resources ZPA vancouver -- Ignore unavailable to you. Want to Upgrade?

To: polish57 who wrote (3192)	9/9/2003 1:44:10 PM
From: gmweber	Respond to of 3198

Zappa expands gold discovery area at Cottonwood Peak Zappa Resources Ltd ZPA Shares issued 21,137,256 Sep 5 close $0.15 Mon 8 Sept 2003 News Release Mr. Albert Gerry reports SAMPLING PROVIDES POSITIVE RESULTS AT COTTONWOOD PEAK NEVADA Zappa Resources has expanded its area of gold discovery at its Cottonwood Peak property located in the Tuscarora Mountains, Elko county, Nevada. Grab and channel sampling continues to provide positive results. Zappa optioned 100-per-cent working interest in Cottonwood Peak from Altair Mineral Corp. of Oregon because of the large altered rock formation depicted from satellite imagery. The first rock outcrop tested within this large alterted rock signature structure produced a grab sample of seven grams of gold per metric ton and was followed up with six other random samples for conformation. The six rocks samples confirmed the presence of significant gold with one to 10 grams of gold per metric ton. The discovery outcrop (S1C), was recently (Aug. 14) sampled by Jim Tuner, PGeo, an independent geologist. Chip samples from the discovery outcrop in one-metre intervals ran as high as 6.21 grams per metric ton. The east-west channel average over five metres is 3.08 grams per metric ton gold. Overburden is not deep and subcrop is abundant. No subcrop was sampled. The mineralization is associated with strong alternation over a wide area. Alteration minerals include scorodite, realgar (arsenic), stibnite (antimony), cinnibar (mercury) and clay minerals. The sampling will now be extended as the showing is open to both the east and west within the identifiable altered structure. Noteworthy is additional prospecting resulted in finding a second outcrop (S3C) 392 metres or 1,286 feet north of the first showing. Here all four random grab samples tested positive and fire assayed at 4.89, 1.22, 3.19 and 1.40 grams of gold per ton. Additional conformation sampling is under way. In addition a third rock outcrop (S7C) was discovered on the side of an old switch back trail 848 meters or 2,700 feet north and along strike of the discovery outcrop (S1C). This showing is identical altered rock type rock that comprises the first showing to the south. The distinctive mineralized rock structure ran over 100 metres in width. One grab sample to date has been fire assayed from this showing and assayed at 1.8 grams gold per ton. Management is extremely encouraged with its early success of meeting its objective. The company has identified the location of a large altered structure within a favourable geological setting in the Tuscarora Mountains. The company's preliminary conclusion is finely disseminated gold mineralization occurs in a near or at surface environment, possibly related to leakage of a deeper Carlin model. The target is a large tonnage disseminated gold deposit similar to Jerritt Canyon that is located 17 kilometres or nine miles directly east of the Cottonwood Peak claims. Further prospecting, geological mapping and sampling will be completed as soon as possible in preparation for a drilling program. WARNING: The company relies upon litigation protection for "forward-looking" statements. (c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com Click here for company snapshot: new.stockwatch.com Click here for recent SEDAR documents: new.stockwatch.com