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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: maxncompany who wrote (51533)10/28/2007 7:08:32 PM
From: heinz44  Respond to of 78419
 
2007-09-25 05:14 ONT Ontex Resources Ltd 0.20 News Release Ontex drills two metres of 7.8 g/t at Brookbank

ONTEX INTERSECTS ADDITIONAL GOLD MINERALIZATION

Ontex Resources Ltd. has released recent drill results from the Brookbank gold deposit, located 180 kilometres northeast of the city of Thunder Bay, Ont.

During the period of July 13, 2007, to July 28, 2007, Ontex completed a diamond drilling campaign on the Brookbank gold deposit. A total of seven holes, B-07-01 to B-07-6, including B-07-05.1, were located on geological targets, for a total of 1,208 linear metres. The drilling program was aimed at detailing open-pit potential and extending the main gold-bearing structures along a possible ramp access route to the main zone.

All six holes intersected gold mineralization. Holes B-07-01 to B-07-03 targeted the mineralization intersected in the 2006 drilling program located about 250 metres to the east of the main Brookbank zone. B-07-01 and B-07-03 respectively returned assays of 4.7 grams per tonne (g/t) Au over 3.5 metres and 2.7 g/t Au over 3.6 metres within a mineralized envelope of 1.9 g/t Au over 11.3 metres.

Hole B-07-05 drilled into the Main Brookbank target area and intersected 7.8 g/t Au over two metres, including 19.7 g/t Au over 0.5 metre and also intersected 1.7 g/t Au over 6.7 metres in the Hanging Wall zone (HW). Holes B-07-04 and B-07-06 were drilled to the east and west of the main zone of mineralization and still intersected 2.7 g/t Au over two metres and 1.3 g/t Au over 0.7 metre, respectively. The mineralized zone remains open to depth and to the east. This zone requires further evaluation drilling.