To: morrie who wrote (135 ) 11/6/1997 6:54:00 PM From: dean poets Read Replies (3) | Respond to of 3198
Hi guys, Morrie had previously asked about good drill results in the Past? I have put together a bit of info on the Laplata property. LAPLATA PROPERTY A company by the name of Compania Minera Toachi formerly mined the Laplata property from 1975 to 1981. Production amounted to 130,000 tonnes grading 3.6% Cu, 7.1% Zn, 4.1 g/t Au, 65.1 g/t Ag. Feasibilty reports by Metallgesellschaft in 1982 estimated 235,000 tonnes grading 4.4% Cu, 4.8% Zn, 3.9 g/t Au, 43.4 g/t Ag. This mine was reported closed due to the difficulties encountered under the former mining laws. A couple of holes drilled prior to the closure of the mined discovered a potential new lense: MT-22 intersected 41.2 m grading 6.9% Cu, 5.0% Zn, 3.8 g/t Au, 52.6 g/t Ag. MT-26 drilled 18 meters south, intersected 18.4 meters grading ).8% Cu, 5.6% Zn, 5.1 g/t Au, and 44 g/t Ag. Since Cambior has signed a joint venture aggreement with Zappa on the Laplata proerty the following results have been obtained: 96-01 hit 10m of 1.0% Cu, 5.1% Zn, 4.1 g/t Au, and 72.0 g/t Ag. 96-09 intersected 8.7m averaging 3.85% Cu, 12.0% Zn, 11.1 g/t Au, 93.0 g/t Ag, and 2.4% Lead. 97-12 hit 15.0m of 0.3% Cu, 4.1% Zn, 3.3 g/t Au, 43.0 g/t Ag, 0.6% Lead. 97-15 hit a shallow intercept of 1.8m but averaged 4.5% Cu, 2.1% Zn, 4.2 g/t Au, 52.5 g/t Ag. 97-16 hit 2.1m of 11.0% Cu, 3.8% Zn, 8.2 g/t Au, 95 g/t Ag. 97-17 hit 4.2m of 8.4% Cu, 4.2% Zn, 18.9 g/t Au, 119 g/t Ag, and .9% Lead. From the indications I get, the tonnage is now at approximately 1,100,000 tons at about the same grades as above. There are 2 more holes with assays pending in the next week or so! It appears our drill results are more than solid, but we still aren't getting the attention this property deserves! Cambior has also discovered another potential lense below the main lense they are drilling! Lenses are usually found in clusters. We are currently awaiting a decision by Cambior as to whether they will carry on with a major drill program next year! Zappa doesn't have to pay any money for exploration as other companies are paying for the work! Comparing Crosslake minerals results with Zappa's results I personnaly think Zappa results are far superior! It seems like only a matter of time before some promotional machine gets a hold of Zappa! Dean PS. I hope I haven't confused anybody, and I'd appreciate some feed back!