WKN:A0B5SR
Amerix drills 15 m of 14.48 g/t Au at Vila Porto Rico
2008-05-21 08:09 ET - News Release
Mr. Jeffrey Reeder reports
AMERIX REPORTS HIGH GRADE GOLD RESULTS FROM THE AUGER DRILLING PROGRAM AND FURTHER DIAMOND DRILL RESULTS FROM VILA PORTO RICO, BRAZIL
Amerix Precious Metals Corp. has provided encouraging results from the augering and the recently completed diamond drilling program at its gold mining prospect Vila Porto Rico (VPR), located in the Tapajos gold province, Brazil. Thirty nine (39) mechanized auger holes and an additional 714 one-meter hand-auger holes have been completed. Assays from 22 mechanized auger holes show 11 of the holes intersected oxide gold mineralization ranging from 4 to 15 meters in thickness, including one hole with 15 meters of 14.48 g/t Au and another with 15 meters of 3.67 g/t Au. Complete assays are also now available for 4 diamond drill holes and partial assays are available for 2 diamond drill holes from the drilling program completed in late February 2008.
Mechanized auger holes were drilled in the Ouro Roxo North and South areas. The mechanized auger holes range in depth from 9 to 21 meters. The purpose of the mechanized auger drilling is to define and extend the known surface mineralization both laterally and down dip. Results have confirmed that the mineralization dips and thickens to the east and southeast. The auger program is ongoing and a second auger has been purchased to advance the program. The following table includes significant assays from the mechanized auger drilling.
Auger hole From To Interval Au g/t
FTOR-3 2.00 7.00 5.00 1.88
12.00 14.00 2.00 1.18
FTOR-5 2.00 10.00 8.00 1.70
FTOR-6 0.00 6.00 6.00 0.72
FTOR-7 0.00 6.00 6.00 1.33
FTOR-8 0.00 15.00 15.00 3.67
FTOR-9 0.00 12.00 12.00 1.73
FTOR-10 0.00 7.00 7.00 5.27
FTOR-11 0.00 15.00 15.00 14.48
FTOR-17 0.00 4.00 4.00 0.57
FTOR-18 0.00 5.00 5.00 1.19
FTOR-19 0.00 4.00 4.00 1.04
Detailed grid mapping and geochemical sampling has recently been completed over the Ouro Roxo North and South areas. The recently completed grid work consisted of detail mapping of more than 13,900 meters of grid lines and the collection of the 714 one-meter hand auger samples. Grid lines are spaced at 100 meters with sampling interval of 20 meters. This project is ongoing, and includes collecting of additional one-meter hand auger samples. Results from the program are pending and anomalies will be followed up by further detailed hand auger sampling and mechanized auger drilling.
The following table includes the assays from diamond-drill holes in Ouro Roxo North (AORN) and Middle (AORM) areas. All diamond drill holes were oriented to the west. As noted in the company's March 25, 2008 news release, new structural interpretation and modeling show that holes drilled prior to AORN-83 may not have been oriented in the optimal drilling direction.
Hole No. From To Interval Au g/t Zone
AORM-69 No significant results Ouro Roxo Middle
AORN-70 199.00 200.00 1.00 1.26 Ouro Roxo North
AORN-74 Partial results Ouro Roxo North
135.00 136.40 1.40 24.10
166.40 167.40 1.00 6.30
AORN-77 No significant results
AORN-79 Partial results Ouro Roxo North
71.53 72.53 1.00 7.46
73.53 74.53 1.00 2.29
AORN-80 115.00 117.50 2.50 1.81 Ouro Roxo North
128.00 129.00 1.00 2.13
155.00 156.00 1.00 1.33
187.00 188.00 1.00 2.54
Assay results from holes AORN-72 and AORS-71, 73, 75, 76, and 78 are pending.
Quality assurance/quality control
Diamond drilling operations were conducted by GEOSOL and Kluane under the direct guidance and supervision of Amerix geologists and management. All cores were split and described at the Amerix field camps near the drill sites. Chemical analyses were performed by SGS Lakefield/Geosol of Belo Horizonte, Brazil, an ISO/IEC 17025 and ISO 9002 certified assayer. Core samples from the diamond drill program and the auger-drill sampling programs maintain quality control using standards, blanks, and duplicates.
We seek Safe Harbor.
grüße
gianni
Zurück
Weiter
Werbung
