AFCAN Mining Corporation: Start of 2005 Exploration Programme at Tanjianshan.TORONTO -- AFCAN AFCAN Antica Fabbrica Ceramiche Artistiche Napoletane (Italy) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :AFK "Away from keyboard." See digispeak. (chat) AFK - away from keyboard. ) is pleased to announce the commencement of its 2005 field exploration programmes at Tanjianshan. At Jinlonggou, the targets are the zones between the main deposit and the satellite deposits of M7 and Pubugou. The work programme, comprising mapping, trenching, surface and underground validation sampling and 5,000 metres of HQ core drilling, is expected to greatly increase total resources by additions not only from Jinlonggou extensions to the M7 and Pubugou deposits, but in the deposits themselves. The previous owners tested M7 and Pubugou by substantial drilling and underground sampling, yet neither deposit is yet included in the current resource inventory. Mapping and sampling validation commenced on the 7th April and drilling is expected to start in early July, following completion of mapping, interpretation and targeting. At Qinlongtan, a 2,000 metres HQ core drilling programme will target the down plunge extensions of the mineralisation to the south and this is expected to greatly increase the high grade resources there. In addition the drilling will test for repetitions of mineralised shoots nearer surface and also try to locate the fault offset, high grade structure at the northern end. Drilling is expected to start at the end of May. Mapping, sampling, ground geophysical methods and 3,000 metres of drilling are planned for some of the more promising of the 23 prospects delineated on the four exploration tenements. The tenement A comprehensive legal term for any type of property of a permanent nature—including land, houses, and other buildings as well as rights attaching thereto, such as the right to collect rent. block covers a total of 338 km2. At Xijingou, old surface mine workings together with limited drilling have identified substantial zones of gold mineralisation. A 12 holes programme of shallow drilling, together with validation sampling is expected to provide appropriate data for resource estimation. One of the more exciting prospects on the tenements is the Huitugou - Palonggou structure. This is a major NNW-SSE trending fault which extends the length of the Tanjianshan range. Sampling from trenches and shafts indicate that the structure is gold mineralised over a substantial strike length. The zone will be explored by mapping, trenching and drilling. The Mantougou Prospect was discovered as part of Afcan's 2004 regional exploration programme and will be sampled underground by excavation of an adit and cross cuts. At Qinlongtan, previous mapping and sampling has indicated that there are a number of other mineralised horizons parallel to the main zone. These will be traced by detailed mapping, trenching, and ground IP/Resistivity geophysical methods. Exploration work on the four tenements is undertaken by Afcan's JV partner, The First Brigade First (1st) Brigade can refer to numerous military formations, usually with long traditions, in various countries. They include:
In addition to work on the Tanjianshan Project, Afcan is also reviewing investment opportunities in other advanced projects within Qinghai Province as well as other Provinces in China. The samples are prepared at an on-site sample preparation laboratory constructed and set up by SGS SGS Société Générale de Surveillance SGS Symantec Gateway Security (appliance) SGS School of Graduate Studies SGS Subgrid Scale SGS Singapore Government Securities SGS Shell Global Solutions Laboratory Services Ltd. Pulp samples of 100gm are sent to Genalysis Laboratories in Perth, Australia Perth may refer to:
All programmes are being carried out under the supervision of Phil Fillis, an independent geological expert and Qualified Person for Afcan. AFCAN is an emerging gold producer in China and owns 85% of the TJS TJS Tajikistan Somoni (ISO currency code) TJS Tactical Jamming System TJS Tommy John Surgery (baseball pitcher's damaged elbow) Project at Tanjianshan in Qinghai Province. A Bankable bank·a·ble adj. 1. Acceptable to or at a bank: bankable funds. 2. Guaranteed to bring profit: a bankable movie star. Feasibility Study The analysis of a problem to determine if it can be solved effectively. The operational (will it work?), economical (costs and benefits) and technical (can it be built?) aspects are part of the study. Results of the study determine whether the solution should be implemented. has been completed on the Project, detailed design has commenced with construction starting shortly. There are an additional 23 anomalies on the licence area of 341 km2 that are being explored.Afcan growth is focused on exploration and development of its advanced projects. THE TORONTO STOCK EXCHANGE Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. AFCAN MINING CORPORATION (TSX:AFK) |
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