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Bishop Resources has discovered a volcanogenic maasive sulphide project,50km southeast of Prince Rupert, BC. Assays from the first phase of their work program is listed below. Call Andrew Schwab at 250-764-7677 for more details. News Releases. Bishop Resources Inc - Scotia project drill results Bishop Resources Inc BRI.V Shares issued 116494901997-11-24 close $0.9Monday Dec 1 1997Mr Andrew Schwab reports The company has received assay results for the first four holes of a recently completed ten hole drilling program on the Scotia volcanogenic massive sulphide project, 50km southeast of Prince Rupert, BC. The property was acquired by way of an option agreement with Falconbridge Ltd in early 1997. Previous diamond drilling was conducted by Texas Gulf Sulphur, and three successor companies between 1960 and 1988. Falconbridge (1989) reports that previous drilling tested the Scotia deposit, a volcanogenic massive sulphide occurrence, and outlined drill inferred reserve of 187,000 metric tons grading 11.8% zinc, 1.3% lead and 20 g/t silver with 21 drill holes having a total length of 2634m. Disseminated, semi massive and massive base metal (zinc plus or minus lead and copper) intersections were observed in nine of the ten holes completed. Analytical results for the first four inclined holes, which were drilled from two sites, are contained in the following table. Results for the remaining six holes are expected shortly, and an updated resource calculation will be completed subsequently. SCOTIA PROJECT 1997 Significant Intersections - First Four Drill Holes Inter- Hole From - To val Zn Pb No. (m) (m) (%) (%) ------- ----------- ------ ----- ----- S-33-97 47.40-47.80 0.40 6.8 0.9 S-33-97 68.70-90.10 21.40 6.7 1.1 S-33-97 incl 68.70-72.30 3.60 22.6 2.3 S-33-97 incl 79.40-80.00 0.60 4.8 1.4 S-33-97 incl 85.75-90.10 4.35 13.8 2.5 S-33-97 85.75-90.10 4.35 13.2 2.6 S-34-97 62.20-62.60 0.40 18.7 1.9 S-35-97 42.30-46.10 2.80 Pyritic intersection, no significant base/ precious metal S-36-97 10.95-26.23 15.28 7.8 0.1 S-36-97 incl 10.95-13.46 2.51 14.9 0.3 S-36-97 incl 22.75-26.23 3.48 19.3 0.1 S-36-97 74.35-76.12 1.77 11.9 0.4 S-36-97 incl 75.66-76.12 0.46 42.1 0.6 S-36-97 81.12-90.05 8.93 7.2 0.8 S-36-97 incl 81.12-81.61 0.49 32.0 0.4 S-36-97 incl 85.91-90.05 4.14 11.5 0.3 S-36-97 incl 87.00-90.05 3.05 14.7 0.4 Hole Ag Au Cu No. (ppm) (ppb) (%) ------- ----- ------ ----- S-33-97 26.0 120 0.1 S-33-97 25.9 559 0.1 S-33-97 47.0 1206 0.2 incl S-33-97 42.0 745 0.1 incl S-33-97 39.3 284 0.2 incl S-33-97 51.7 298 na S-34-97 47.0 90 0.2 S-35-97 S-36-97 7.9 90 0.2 S-36-97 20.0 115 0.5 incl S-36-97 12.3 134 0.3 incl S-36-97 35.6 185 0.8 S-36-97 15.0 55 0.2 incl S-36-97 18.4 288 0.1 S-36-97 17.0 70 incl S-36-97 9.9 87 incl S-36-97 10.9 79 incl Holes S33-97 and S36-97 were drilled from the same setup on an azimuth of 70 degrees with dips of -66 degrees and -77 degrees, respectively, midway between sections previously drilled by Texas Gulf, and were intended to test the continuity of the zone both along strike and down-dip. S33-97 intersected 21.4m with weighted average grades of 6.7% zinc, 1.1% lead, 25.9 ppm silver and 589 ppb gold. As noted in the accompanying table, this intersection includes three intervals of markedly higher zinc grades to 22.6% and gold values to 1206 ppb. Hole S36-97, designed to test the zone 20m down-dip from the hole S33-97 intersection, encountered three intervals ranging in length from 1.8 to 15.3m that contained zinc grades (up to 42.1%) and other metal values similar to those obtained in S33-97. Holes S34-97 and S35-97 were drilled from a setup 40m north of the S33-97 and S36-97 site. The holes dip -66 degrees and -45 degrees, respectively and S34-97 intersected a 0.4m section grading 18.7% zinc plus lead and silver values. S35-97, more shallowly inclined, encountered altered and pyritized volcanics and may have been drilled above the main massive sulphide lens. A sample audit program was undertaken by Bishop to verify analytical results. Selected pulps were sent to two independent Vancouver-based laboratories and results were duplicated to acceptable levels. Encouraged by its exploration efforts, Bishop started an off-property 200 sq km reconnaissance program on October 29 1997 which identified a number of target areas. Additional mineral claims have been staked and results will be reported at a later date. News Release. Bishop Resources Inc - Scotia drilling project results Bishop Resources Inc BRIShares issued 116494901997-12-04 close $0.58Friday Dec 5 1997Mr Andrew Schawb reports The company has received the assay results for the final six holes of a recently completed ten hole drilling program on the Scotia volcanogenic massive sulphide project, 50 km southeast of Prince Rupert, BC. Holes S-37-97 and S-38-97 were drilled down dip to the west and up dip to the east of drilling completed in 1960 and 1984. Hole S-37-97, drilled at a dip of -72 degrees, intersected four mineralized zones over a composite interval of 26.7m which assayed 9.2% Zn, 1.2% Pb, 0.17% Cu, 20g/t Ag and 259 ppb Au. The best mineralized section occurred between 25.9 to 42.3m which assayed 14.3% Zn over 16.4m. Hole S-37-97 establishes that the zone is open down dip to the west. Hole S-38-97 was drilled at a dip of -45 degrees to the east and intersected three narrow sulphide zones, the best of which assayed 46.4% Zn over 0.67m. This hole was drilled at a shallow angle and may have passed above the main mineralized zone. Hole S-39-97 was drilled at a dip of -72 degrees as a fill-in hole, on approximately a 25m spacing between holes drilled in 1980 and 1984 and intersected multiple sulphide zones, similar to intersections encountered in previous drilling, with the best section grading 16.5% Zn over 3m. Hole S-40-97 was drilled with a dip of -56 degrees east and was targeted to project the zone approximately 15 to 20 metres up dip to the east of previous drilling. The hole intersected lower grade values similar in value to up dip drilling on other sections. A massive sulphide interval of 0.56m at a depth of approximately 82m ran 17.5% Zn. Hole S-41-97 was drilled at a dip of -60 degrees east, to test the deeper western portion of the zone with a step out of approximately 30m down dip from previous 1960 drilling. The hole encountered strongly muscovite altered host rock containing pyrite and several narrow intersections of low grade zinc mineralization. A thick interval of approximately 16m of low grade sphalerite (0.8% Zn) was encountered at a depth of 65m and may represent a footwall stringer zone which was the feeder system for higher up massive sulphide mineralization. Hole S-42-97 was drilled at a dip of -77 degrees east and designed to test the western down dip projection of the zone approximately 30m down dip from Hole S-36-97. The hole encountered several layers which assayed at least 2% Zn over widths generally greater than one metre. The best intervals were at aproximately 93 and 99m, which ran 10% Zn over intervals of 0.7 and 1.2m respectively. This hole establishes that the mineralized zone is open down dip to the west. A geological resource will be reported as soon as available. SCOTIA PROJECT 1997 Significant Intersections - Final Six Drill Holes Hole From - To Interval Zn Pb (m) (m) (%) (%) ------- ----------- -------- --- --- S-37-97 15.57 42.29 26.72 9.2 1.2 S-37-97 incl 21.64 42.29 20.65 11.6 1.4 S-37-97 incl 25.94 27.70 1.76 32.9 4.7 S-37-97 incl 32.97 38.05 5.08 23.0 1.3 S-37-97 incl 40.55 42.29 1.74 22.6 3.7 S-38-97 17.37 18.04 0.67 46.4 3.5 S-38-97 28.05 30.08 2.03 5.0 0.4 S-38-97 36.78 36.96 0.18 24.9 0.0 S-39-97 31.90 32.10 0.20 5.9 1.1 S-39-97 46.50 57.10 10.60 6.0 0.0 S-39-97 incl 46.50 49.50 3.00 16.5 0.4 S-39-97 62.60 65.90 3.30 3.1 1.1 S-39-97 incl 65.10 65.90 0.80 6.8 2.2 S-40-97 40.40 44.04 3.64 2.9 0.7 S-40-97 incl 42.37 44.04 1.67 6.3 1.3 S-40-97 61.95 62.72 0.77 6.8 2.3 S-40-97 81.74 82.30 0.56 17.5 5.0 S-41-97 64.95 80.80 15.85 0.8 0.0 S-41-97 incl 64.95 65.60 0.65 2.7 0.0 S-41-97 incl 80.00 80.80 0.80 1.8 0.1 S-42-97 71.72 78.00 6.28 3.2 0.1 S-42-97 incl 71.72 73.62 1.90 8.5 0.1 S-42-97 incl 77.55 78.00 0.45 7.9 0.1 S-42-97 87.15 104.30 17.15 2.7 0.3 S-42-97 incl 91.73 92.45 0.72 10.2 0.6 S-42-97 incl 99.05 100.27 1.22 10.1 0.1 Hole Ag Au Cu (ppm) (ppb) (%) ------- ---- ----- ---- S-37-97 20.5 259.0 0.17 S-37-97 incl 23.1 289.0 0.18 S-37-97 incl 67.0 425.0 S-37-97 incl 28.5 469.6 0.33 S-37-97 incl 45.7 406.9 0.29 S-38-97 55.0 450.0 S-38-97 9.8 118.9 S-38-97 12.0 25.0 S-39-97 26.0 425.0 0.16 S-39-97 11.7 219.6 S-39-97 incl 14.5 186.7 S-39-97 14.4 103.8 S-39-97 incl 49.4 625.6 S-40-97 19.9 543.0 0.24 S-40-97 incl 36.9 1123.6 0.21 S-40-97 24.0 590.0 S-40-97 61.0 210.0 0.16 S-41-97 5.3 55.5 0.03 S-41-97 incl 7.0 95.0 S-41-97 incl 13.0 160.0 S-42-97 7.7 231.0 0.16 S-42-97 incl 5.4 78.6 0.36 S-42-97 incl 3.0 40.0 S-42-97 11.8 110.0 0.12 S-42-97 incl 12.0 120.0 0.02 S-42-97 incl 18.6 95.0 0.39 Hole Ag Au Cu No. (ppm) (ppb) (%) ------- ----- ------ ----- S-33-97 26.0 120 0.1 S-33-97 25.9 559 0.1 S-33-97 47.0 1206 0.2 incl S-33-97 42.0 745 0.1 incl S-33-97 39.3 284 0.2 incl S-33-97 51.7 298 na S-34-97 47.0 90 0.2 S-35-97 S-36-97 7.9 90 0.2 S-36-97 20.0 115 0.5 incl S-36-97 12.3 134 0.3 incl S-36-97 35.6 185 0.8 S-36-97 15.0 55 0.2 incl S-36-97 18.4 288 0.1 S-36-97 17.0 70 incl S-36-97 9.9 87 incl S-36-97 10.9 79 incl (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com. Mr Metals. | ||||||||||||||
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