Anatolia Minerals Development Limited: More Good Gold Assays From Anatolia's Copler.TORONTO Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing -- February 2005 Update: New results include 126 meters at 4.9 gpt gold in 2 zones, 67 meters at 3.5 gpt gold and other good results for step-out and in-fill drilling. Manganese manganese (măng`gənēs, măn`–) [Lat.,=magnet], metallic chemical element; symbol Mn; at. no. 25; at. wt. 54.938; m.p. about 1,244°C;; b.p. about 1,962°C;; sp. gr. 7.2 to 7. Mine Zone gold 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. area expands. Anatolia Minerals Development Limited (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :ANO Noun 1. ANO - a Palestinian international terrorist organization that split from the PLO in 1974; has conducted terrorist attacks in 20 countries; "in the 1980s the Fatah-RC was considered the most dangerous and murderous Palestinian terror group" ) ("Anatolia") has focused its 25,000-meter drilling program at the 100%-owned Copler Gold prospect in Turkey on the Manganese Mine zone to date and is generating good gold values in a number of drill holes. This program aims to expand the current 4-million-ounce inferred resource, infill in·fill n. 1. The use of vacant land and property within a built-up area for further construction or development, especially as part of a neighborhood preservation or limited growth program. 2. drill the Marble Contact and Manganese Mine oxide oxide, chemical compound containing oxygen and one other chemical element. Oxides are widely and abundantly distributed in nature. Water is the oxide of hydrogen. Silicon dioxide is the major component of sand and quartz. zones and condemnation Condemnation bell, book, and candle symbols of Catholic excommunication rite. [Christianity: Brewer Note-Book, 85] Bridge of Sighs passage from Doge’s court to execution chamber in Renaissance Venice. [Ital. Hist. drill planned facilities sites. Drilling is expected to run through mid- mid- pref. Middle: midbrain. 2005. The map attached to this news release will be posted to Anatolia's web site (www.anatolia-minerals.com). Through the end of February, 28 reverse-circulation holes and 3 diamond core holes aggregating 5,800 meters were completed in the Manganese Mine area. One group of holes tested the northeast edges of the pit and beyond. Another group of holes tested an under-drilled gap between the 2 resource areas in the planned Manganese-Mine pit or stepped out from the known resource. Preliminary assays have been received for 21 holes, including CRC-249 and CRC-250, previously reported, with summary results given below (generally oxides, except as noted):
MANGANESE MINE ZONE SUMMARY RESULTS:
Near Resource Holes:
--------------------
Drill Intercept Au
Hole (Meters) Gpt Comments
CRC-249 75.0 4.0 56.0 - 119.0 m. and 163.0 - 175.0 m.
CRC-251 64.0 1.0 52.0 - 86.0 m. and 92.0 - 122.0 m.
CRC-252 100.0 1.5 4 zones between 0.0 and 155.0 m.
CRC-253 38.0 3.1 76.0 - 114.0 m.
CRC-255 126.0 4.9 12.0 - 48.0 m.; 48.0 - 77.0 m.
(sulfides);
77.0 - 96.0 m.; and 117.0 - 159.0 m.
CRC-257 42.0 3.3 0.0 - 42.0 m.
CRC-258 31.0 1.1 0.0 - 31.0 m.; plus 31.0 - 166.0 m.
at 0.6 gpt gold
CRC-260 47.0 2.3 0.0 - 39.0 m.; and 79.0 - 87.0 m.
CRC-261 67.0 3.5 0.0 - 63.0 m.; 63.0 - 67.0 m.
(sulfides)
CRC-264 45.0 0.9 0.0 - 45.0 m.; and 45.0 - 150.0 m.
at 0.3 gpt gold
CRC-266 32.0 4.0 2.0 - 31.0 m.; 31.0 - 34.0 m.
(sulfides)
DDH-84 23.0 4.9 0.0 - 23.0 m.; and 53 m.
at 1.0 gpt gold
in 3 zones from 90.0 - 197.0 m.
Edge-Zone Holes:
----------------
Drill Intercept Au
Hole (Meters) Gpt Comments
CRC-250 71.0 0.5 In 3 zones.
CRC-254 62.0 0.5 0.0 - 62.0 m.
CRC-256 48.0 0.3 In 2 zones.
CRC-259 81.0 0.4 In 2 zones.
CRC-262 18.0 0.3 In 3 zones.
CRC-265 51.0 0.3 In 3 zones.
CRC-267 131.0 0.3 0.0 - 131.0 m.
CRC-269 30.0 0.3 In 2 zones to 67.0 m.; and 160.0 -
177.0 m. at 1.3 gpt gold
CRC-271 77.0 0.3 0.0 - 77.0 m.; plus 94.0 - 104.0 m.
at 2.6 gpt gold (mixed oxides/
sulfides)
Richard C. Moores, President of Anatolia, stated, "We are pleased with the results received to date. The holes drilled within the preliminarily planned pit have filled in blank Absent limitation or restriction. The term in blank is used in reference to negotiable instruments, such as checks or promissory notes. When such Commercial Paper is endorsed in blank, the designated payee signs his or her name only. areas with thick, good grade 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. . We're optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op that these holes will upgrade the quality of the currently established resource base and favorably fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. impact both its size and grade. Additional holes to the east, west and south of currently drilled areas are planned." Mr. Moores added, "The holes drilled around and past the edge of the preliminarily planned pit demonstrate that gold mineralization extends beyond the previously known limits and indicates that material classified previously as overburden o·ver·bur·den tr.v. o·ver·bur·dened, o·ver·bur·den·ing, o·ver·bur·dens 1. To burden with too much weight; overload. 2. To subject to an excessive burden or strain; overtax. n. 1. has potential as possible heap leach leach v. leached, leach·ing, leach·es v.tr. 1. To remove soluble or other constituents from by the action of a percolating liquid. 2. feed." Concurrently, Anatolia is advancing the 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. for the oxide portion of the resource. In December 2004, Anatolia announced the results of a study by Hellman & Schofield Pty Ltd PTY LTD Propriety Limited (company structure in Australia) that demonstrate a 0.4 million measured and indicated ounce ounce, in zoology ounce, in zoology: see leopard. ounce, unit of measurement ounce: see English units of measurement. oxide gold resource plus a 1.1 million ounce inferred oxide gold resource. Metallurgical met·al·lur·gy n. 1. The science that deals with procedures used in extracting metals from their ores, purifying and alloying metals, and creating useful objects from metals. 2. tests of material from the oxide zone indicate the leachability of the resource (+80% in the Main and Marble Contact Zones and +90% in the Manganese Mine Zone). Additional metallurgical testing of oxides, continuation of baseline The horizontal line to which the bottoms of lowercase characters (without descenders) are aligned. See typeface. baseline - released version environmental studies, project design and facilities siting studies are proceeding as planned. Anatolia expects to complete the feasibility study and make a production decision later this year.
TABLE 1 - NEAR RESOURCE HOLES
Drill Total From To Intercept Au
Drill Hole Type Depth (Meters) (Meters) (Meters) Gpt
CRC-249 RC Hole 193.0 56.0 113.0 57.0 4.3
113.0 119.0 6.0 5.5
163.0 175.0 12.0 1.9
CRC-251A RC Hole 240.0 7.0 17.0 10.0 0.3
52.0 86.0 34.0 1.1
92.0 122.0 30.0 0.7
130.0 136.0 6.0 0.7
CRC-252 RC Hole 211.0 0.0 4.0 4.0 0.9
30.0 56.0 26.0 3.0
70.0 94.0 24.0 1.7
109.0 155.0 46.0 0.7
CRC-253 RC Hole 146.0 78.0 113.0 34.0 3.4
107.0 113.0 6.0 8.6
113.0 122.0 9.0 0.7
CRC-255 RC Hole 201.0 12.0 48.0 36.0 7.4
48.0 77.0 29.0 5.1(i)
77.0 96.0 19.0 5.2
117.0 159.0 42.0 1.3
CRC-257 RC Hole 135.0 0.0 42.0 42.0 3.4
106.0 123.0 17.0 2.1
CRC-258 RC Hole 187.0 0.0 31.0 31.0 1.1
31.0 166.0 135.0 0.6
179.0 187.0 8.0 0.4
CRC-260 RC Hole 150.0 0.0 39.0 39.0 1.9
20.0 27.0 7.0 5.3
27.0 39.0 12.0 1.0
39.0 79.0 40.0 0.3
79.0 87.0 8.0 4.5
110.0 147.0 37.0 0.5
CRC-261 RC Hole 162.0 0.0 63.0 63.0 3.4
63.0 67.0 4.0 4.6(i)
93.0 95.0 2.0 4.5
CRC-264 RC Hole 150.0 0.0 45.0 45.0 0.9
45.0 150.0 105.0 0.3
CRC-266 RC Hole 136.0 2.0 31.0 29.0 3.6
31.0 34.0 3.0 7.4(i)
116.0 121.0 5.0 3.1
CDD-084 D Hole 320.0 0.0 23.0 23.0 4.9
90.0 104.0 14.0 1.0
111.0 117.0 6.0 2.3
162.0 197.0 35.0 0.7
TABLE 2 - EDGE-ZONE HOLES
Drill Total From To Intercept Au
Drill Hole Type Depth (Meters) (Meters) (Meters) Gpt
CRC-250 RC Hole 241.0 40.0 70.0 30.0 0.4
74.0 84.0 10.0 0.2
114.0 136.0 22.0 0.5
169.0 188.0 19.0 0.4
CRC-254 RC Hole 211.0 0.0 62.0 62.0 0.5
100.0 106.0 6.0 0.4
122.0 133.0 11.0 0.3
CRC-256 RC Hole 152.0 0.0 15.0 15.0 0.2
57.0 105.0 48.0 0.3
CRC-259 RC Hole 215.0 0.0 21.0 21.0 0.5
110.0 170.0 60.0 0.4
CRC-262 RC Hole 245.0 0.0 5.0 5.0 0.3
23.0 32.0 9.0 0.3
48.0 52.0 4.0 0.3
CRC-265 RC Hole 184.0 18.0 27.0 11.0 0.3
33.0 53.0 20.0 0.2
85.0 105.0 20.0 0.2
CRC-267 RC Hole 145.0 0.0 131.0 130.0 0.3
CRC-269 RC Hole 244.0 13.0 24.0 11.0 0.2
48.0 67.0 19.0 0.3
160.0 177.0 17.0 1.3
CRC-271 RC Hole 167.0 0.0 77.0 77.0 0.3
94.0 100.0 6.0 2.2
100.0 104.0 4.0 3.2(i)
(i) Denotes intercepts containing predominately sulfide
mineralization.
Anatolia has been engaged in minerals exploration in Turkey since 1996. In January 2004, Anatolia obtained 100% interest in the 4-million ounce inferred gold resource at Copler. Anatolia is fast-tracking work at Copler to achieve an early production decision for an open pit gold operation for the shallow leachable oxide portion of Copler. The Company also controls approximately 1.1 million hectares within Turkey, including four properties currently under joint exploration with Rio Tinto Rio Tinto may refer to:
Anatolia currently has 49.0 million common shares issued and outstanding, 57.7 million fully diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. . Anatolia trades on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. as ANO. This news release may contain 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. in respect of various matters including upcoming work programs and events. The results or events predicted in these forward-looking statements may differ materially from actual results or events. Anatolia disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Assays are performed by OMAC OMAC Open Modular Architecture Control(ler) OMAC One-Key CBC Mac OMAC One Man Army Corps OMAC Observational Metahuman Activity Construct OMAC Ocala Municipal Arts Commission (Florida) Laboratories, Ireland, and ALS-Chemex, Vancouver, BC, Canada, with quality control of sampling, preparation and assaying overseen by Anatolia, whose President, Richard C. Moores, is a "qualified person" for the purposes of applicable Canadian securities regulations Canadian securities regulation is managed through laws and agencies established by Canada's 13 provincial and territorial governments. Each province and territory has a securities commission or equivalent authority. . The Copler mine area map is available on CCNMatthews' website at the following address: http://www2.ccnmatthews.com/database/fax/2000/ana.pdf Anatolia Minerals Development Limited (TSX:ANO) |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion