Altavista Mines Inc.: Confirmation of a New Gold-Bearing Structure and Substantial Tonnage on Santa Anna.BOUCHERVILLE, QUEBEC--(BUSINESS WIRE)--Feb. 5, 1997-- Altavista (ME AIA AIA - Application Integration Architecture .) Altavista Mines Inc. is pleased to announce new drill results and confirm the presence of a new gold-bearing structure on its Santa Anna property, located 15 kilometres west of La Sarre in Northwestern Quebec. Results obtained to date show that the Santa Anna property contains several million tonnes of reserves. The challenge for Altavista is to establish the grade of the reserves, which is rendered more difficult by the presence of visible gold in most of the drill cores. The Company is consulting with external experts to establish an appropriate sampling method for this type of 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. . The new gold-bearing structure, called Zone 10, lies 100 metres east of Zone 8 and has been traced over more than 200 metres. It remains open at both ends and at depth. This zone is characterized char·ac·ter·ize tr.v. character·ized, character·iz·ing, character·iz·es 1. To describe the qualities or peculiarities of: characterized the warden as ruthless. 2. by a strong silica silica or silicon dioxide, chemical compound, SiO2. It is insoluble in water, slightly soluble in alkalies, and soluble in dilute hydrofluoric acid. Pure silica is colorless to white. and carbonate carbonate (kär`bənāt', –nət), chemical compound containing the carbonate radical or ion, CO3−2. Most familiar carbonates are salts that are formed by reacting an inorganic base (e.g. alteration Modification; changing a thing without obliterating it. An alteration is a variation made in the language or terms of a legal document that affects the rights and obligations of the parties to it. that gives the rock a white appearance. Hole 97-105 intersected the altered zone over more than 80 metres, and returned erratic er·rat·ic adj. 1. Having no fixed or regular course; wandering. 2. Lacking consistency, regularity, or uniformity: an erratic heartbeat. 3. gold values of 1.1 to 13.7 g/t Au. The best intersection intersection /in·ter·sec·tion/ (-sek´shun) a site at which one structure crosses another. intersection a site at which one structure crosses another. was obtained in hole 96-66 with gold values of 8.95 g/t Au (0.261 oz/t Au) over 8.14 metres (26.7 feet). Furthermore, holes drilled on Zone 8, whose discovery was announced on January 14, 1997, show that this zone extends an additional 150 metres to the south (section 4400) and to a minimum depth of 152 metres. A new interpretation of the drill results is presently underway. Preliminary results appear to indicate that Zone 8 extends from section 4400 to 4900, or more than 500 metres, and remains open at both ends and at depth. The structure identified between sections 5200 and 5550 has been named Zone 8-B, as the geology geology, science of the earth's history, composition, and structure, and the associated processes. It draws upon chemistry, biology, physics, astronomy, and mathematics (notably statistics) for support of its formulations. and mineralization of this zone are different from those of Zone 8. Ten holes were drilled on Zone 8-B, and while they intersected the 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. zone, gold values were erratic, varying from 0.5 to 26.7 g/t Au. The best intersection was obtained from hole 96-100, with gold values of 14.58 g/t Au (0.425 oz/t Au) over 2.03 metres (6.7 feet). In January 1997, Altavista Mines optioned 13 additional claims, bringing the total number of claims on the Santa Anna property to 89 for a total area of 3,560 hectares. The following intersections show the continuity of Zones 8 and 10: -0-
Zone Section Hole Vertical Intersection
(metres) depth (metres) g/t oz/t Metres Feet
_____ ________ ____ ______________ _____________________
8 4400 97-125 20.0 2.47 0.072 4.90 16.1
4550 96-109 5.0 1.97 0.057 3.10 10.2
8.5 2.10 0.061 2.74 9.0
4700 96-84 11.0 2.83 0.083 3.61 11.8
16.0 4.07 0.119 3.54 11.6
43.5 4.53 0.132 3.22 10.6
4700 96-98 60.5 14.89 0.434 5.82 19.1
72.0 4.23 0.123 5.61 18.4
4750 97-123 139.0 2.35 0.069 3.90 12.8
152.2 1.00 0.029 3.25 10.7
4800 96-93 63.0 4.74 0.138 5.12 16.8
68.0 1.95 0.057 2.10 6.9
4900 96-110 72.0 5.79 0.169 1.91 6.3
____ ____ ______ ____ ____ _____ ____ ___
10 4475 96-104 18.5 4.70 0.137 2.10 6.9
24.5 2.66 0.078 2.37 7.8
4500 96-105 44.5 5.53 0.161 3.83 12.6
77.0 2.18 0.064 3.73 12.2
4525 96-88 2.0 2.85 0.083 2.70 8.9
15.5 2.00 0.058 7.81 25.6
4600 96-66 23.0 8.95 0.261 8.14 26.7
40.0 2.55 0.074 3.53 11.6
4675 96-106 25.5 1.54 0.045 2.07 6.8
Drilling will resume in early March 1997 to delineate the extensions of Zones 8 and 10 at both ends and at depth. The interruption INTERRUPTION. The effect of some act or circumstance which stops the course of a prescription or act of limitation's. 2. Interruption of the use of a thing is natural or civil. in drilling will permit to update the interpretation of the results and to plan the new drilling program. CONTACT: Altavista Mines Inc. Guy Hebert Guy Andre Hebert (born January 7, 1967 in Troy, New York) is a former professional ice hockey goaltender. Always a proud American, he used the French pronunciation of his first and last names because it "sounded better." He played for the St. , 514/ 641-0775 514/ 641-1601 (FAX) altavista@altavista.com or Altavista Mines Inc. Francois Kalos, 514/ 641-0775 514/ 641-1601 (FAX) altavista@altavista.com or Altavista Mines Inc. Roger Desloges, 416/ 368-5115 416/ 925-7881 (FAX) |
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