ANDINA Minerals Inc.: Central Zone Drilling Returns 118 Metres Grading 1.397 g/t Gold.TORONTO -- ANDINA Minerals Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:ADM See add/drop multiplexer. (language) ADM - A picture query language, extension of Sequel2. ["An Image-Oriented Database System", Y. Takao et al, in Database Techniques for Pictorial Applications, A. Blaser ed, pp. 527-538]. ) - Higher Grade Core Outlined to Depth ANDINA Minerals Inc. (TSX VENTURE:ADM) ("Andina" or "the Company") is pleased to report further assay results from the ongoing 7,600 metre metre In poetry, the rhythmic pattern of a poetic line. Various principles have been devised to organize poetic lines into rhythmic units. Quantitative verse, the metre of Classical Greek and Latin poetry, measures the length of time required to pronounce syllables, definition and exploration drilling campaign on its Volcan Gold property located 170 kilometres east of Copiapo, Chile. Diamond drill hole DCA-07, drilled into the Central Zone on Section 483900E, returned 118 metres grading 1.397 grams per tonne tonne measure of weight or mass; 1 tonne=1000 kg. See also ton. gold commencing at 242 metres down hole (see Table 1). The drill hole cut the dacitic Adj. 1. dacitic - relating to or consisting of dacite; "dacitic magma is highly viscous" breccia breccia: see conglomerate. breccia Coarse sedimentary rock consisting of angular or nearly angular fragments larger than 0.08 in. (2 mm). Breccia commonly results from processes such as landslides or geologic faulting, in which rocks are fractured. hosted gold mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. 200 metres below the 104 metre interval grading 1.579 grams per tonne returned in reverse circulation drill hole RCA-08 (see Table 2) and 300 metres below surface. The 118 meter interval in DCA-07 contained a 46 metre section grading 2.189 grams per tonne gold confirming the continuity of the higher grade gold mineralization discovered in RCA-08 (30 metres grading 2.971 g/t Au). "The vertical continuity of the mineralization at the Central Zone is impressive" said Carl Hansen Han·sen , Gerhard Henrik Armauer 1746-1845. Norwegian physician and bacteriologist who discovered (1869) the leprosy bacillus. , President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Andina. "Gold mineralization, including a significant higher grade core of +2.0 gram per tonne, has been traced from surface to a depth in excess of 300 metres. With vertical continuity established, we will focusing drilling activities on extending the Central Zone to the southeast where gold grades from surface channel sampling exceeded 2 grams per tonne over 50 metres".
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Table 1 - Summary of Drill Assay Results
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Hole # Zone From To Dist. Grade(a)
(metres) (metres) (metres) (g/t gold)
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DCA-07 Central 242 360 118 1.397
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incl. 300 346 46 2.189
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RCA-06 Central 76 114 38 0.446
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RCA-05 Central 0 142 142 0.348
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and 174 214 40 0.452
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and 266 288 22 0.979
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and 288 306 18 0.316
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and 306 326 20 0.705
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(a) assay intervals based upon a 0.5 g/t cut off grade
Two reverse circulation drill holes, RCA-05 and RCA-06, drilled on Section 483800E 100 metres west of DCA-07, returned numerous intervals of gold mineralization including 22 metres grading 0.979 gram per tonne and 20 metres grading 0.705 gram per tonne from RCA-05 and 38 metres grading 0.446 grams per tonne from RCA-06. Results from the two holes were lower than anticipated; however, a review of recently collected geological ge·ol·o·gy n. pl. ge·ol·o·gies 1. The scientific study of the origin, history, and structure of the earth. 2. The structure of a specific region of the earth's crust. 3. A book on geology. data suggests that the Central Zone is not a single mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. horizon but is composed of two or more distinct structurally controlled mineralized bodies: an eastern gold zone with a northwest strike cut by DCA-07 and RCA-08 and a western gold zone cut by RCA-02 (70 metres grading 0.634 g/t Au). If this interpretation is correct, then the Central Zone has the potential to be larger than initially anticipated. Drilling is underway to confirm this interpretation. In addition to the Central Zone drilling program, a program of definition drilling is ongoing at the East Zone, located 600 metres east northeast of the Central Zone, where Andina previously announced a preliminary inferred resource estimate of 12,300,000 million tonnes grading 1.04 grams per tonne giving 411,700 ounces of gold. Results from the East Zone program are pending. It is anticipated that drilling on both Zones will continue into January with the goal of publishing an updated resource estimate by the end of February 2006. About Andina Minerals Inc. Andina is an Americas focused exploration company with a portfolio of precious metals Precious Metals Valuable metals such as gold, iridium, palladium, platinum, and silver. Notes: Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal. exploration projects in Chile and Mexico which is dedicated to maximizing the value of its exploration assets through a commitment to fiscally responsible exploration. The Company is earning a 100% interest in the Volcan project by undertaking certain work commitments and making a series of escalating payments ending in 2008. Under the guidelines guidelines, n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. of National Instrument 43-101, the qualified person for the Volcan exploration project is Eduardo Margi, Ph.D. in mining engineering (Witwatersrand) and a Fellow of the SAIMM SAIMM South African Institute of Mining and Metallurgy SAIMM Systems Applications International Mesoscale Model SAIMM South African Infrastructure Management Manual with over 30 years of industry experience. Mr. Margi has approved the exploration program and established the quality assurance and quality control program to ensure the accuracy of the collection and analysis of samples. The reverse circulation ("RC") chips and diamond drill core from Andina's ongoing drill campaign are collected at the drill under the direct supervision of Andina staff. RC samples of approximately 70 kilograms in weight are collected over 2 metre intervals. Both the RC samples and drill core are appropriately tagged, secured and transported to the Andina exploration camp and then to Andina's secure sample logging and preparation site near Copiapo, Chile. RC chip samples are riffle split twice to obtain a 15 kilogram kilogram, abbr. kg, fundamental unit of mass in the metric system, defined as the mass of the International Prototype Kilogram, a platinum-iridium cylinder kept at Sèvres, France, near Paris. sample for assay purposes. Representative chips are collected from each sample for logging purposes. Drill core is logged, marked at two metre intervals for sampling and split longitudinally lon·gi·tu·di·nal adj. 1. a. Of or relating to longitude or length: a longitudinal reckoning by the navigator; made longitudinal measurements of the hull. b. with a diamond drill saw. One half of the core is bagged and sample tags attached and the second half of the core is returned to the core boxes. All samples are appropriately tagged and securely stored prior to shipping to Asesoria Minera Geoanalitica Ltda.'s ("Geoanalitica") laboratory in La Serena, Chile La Serena ("the serene one") is the second oldest city in Chile. The city, located 471 km north of Santiago, has a population of 147,815, according to the 2002 census. There are also 12,333 inhabitants of the immediately surrounding countryside. . Samples are processed and analyzed an·a·lyze tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es 1. To examine methodically by separating into parts and studying their interrelations. 2. Chemistry To make a chemical analysis of. 3. for gold using fire assay techniques with atomic absorption finish. Samples which returned gold values greater than 1.00 gram per tonne are re-analyzed by Geoanalitica. using fire assay techniques with a gravimetric gravimetric /grav·i·met·ric/ (grav?i-me´trik) pertaining to measurement by weight; performed by weight, as a gravimetric method of drug assay. grav·i·met·ric adj. 1. finish. Duplicate DUPLICATE. The double of anything. 2. It is usually applied to agreements, letters, receipts, and the like, when two originals are made of either of them. Each copy has the same effect. samples are inserted at a rate of approximately 5%. Andina also inserts standard samples within each sample batch to ensure laboratory quality control procedures. Occasionally Andina requests Geoanalitica ship samples to ALS Als (äls), Ger. Alsen, island, 121 sq mi (313 sq km), Sønderjylland co., S Denmark, in the Lille Bælt, separated from the mainland by the narrow Alensund. Chemex in La Serena La Serena (lä sārā`nä), city (1990 est. pop. 105,600), capital of Coquimbo region, N central Chile, on the Elqui River. A commercial and agricultural center in a region of orchards and vineyards, it is a popular resort. for 47 trace element analysis using ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. . A summary of the work performed by the previous operators, including a discussion of the quality assurance and quality control of the previous drilling programs, is reported within the Company's Technical Report titled "Review of Gold and Copper Exploration Potential of Mineral Properties in Chile" dated November 12, 2004 which was filed at www.sedar.com on November 24, 2004 The statements herein that are not historical facts are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed under the heading "Risk Factors" in the company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected.
Table 2 - Volcan Project Phase II Drilling Summary
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East Zone Drilling Results
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Drill North- Easting Elev. Length Azim. Dip From To Dist. Grade
# ing (me- (me- (me- (me- (me- (g/t-
tres) tres) tres) tres) tres) Au)
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RVA-10 6971371 484880 4860 290 185 57 0 176 176 1.256
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Central Zone Drilling Results
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Drill North- Easting Elev. Length Azim. Dip From To Dist. Grade
# ing (me- (me- (me- (me- (me- (g/t-
tres) tres) tres) tres) tres) Au)
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RCA-02 6971198 483600 4974 350 180 60 200 270 70 0.634
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inclu- 200 222 22 0.859
ding
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and 232 270 38 0.583
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RCA-05 6970961 483800 5026 354 0 60 0 142 142 0.348
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and 174 214 40 0.452
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and 266 288 22 0.979
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and 288 306 18 0.316
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and 306 326 20 0.705
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RCA-06 6971059 483800 5018 250 180 60 76 114 38 0.446
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DCA-07 6970918 483900 5009 402.5 0 66 242 360 118 1.397
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inclu- 300 346 46 2.189
ding
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RCA-08 6971079 483900 5014 288 180 60 36 140 104 1.579
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Inclu- 38 68 30 2.971
ding
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- "R" prefixed Drill #'s are reverse circulation drill holes
- "D" prefixed Drill #'s are diamond drill holes
The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept resp onsibility for the adequacy or accuracy of this release. ANDINA Minerals Inc. (TSX VENTURE:ADM) |
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