Aurizon Mines Ltd.: Initial Underground Definition Drilling Confirms Continuity and Grade of Zone 113 at Casa Berardi.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 27, 2004 Aurizon Mines Ltd. is pleased to report that results from the first twenty-two definition holes have confirmed the continuity of Zone 113 at its Casa Berardi Project, Quebec. The most significant results returned 13.8 grams of gold per tonne tonne measure of weight or mass; 1 tonne=1000 kg. See also ton. over 39.0 metres and 13.8 grams of gold per tonne over 16.3 metres. All drilling was conducted from the newly developed 550 metre level exploration drift. The current definition drill program confirms the grades and widths indicated by previous surface exploration holes. "These initial results from the underground drilling program have returned higher grades than expected and correlate well with previous surface holes. We have significantly increased our confidence level on the grade and continuity of Zone 113 in the area covered by the drilling. The results move us closer to our primary goal of completing an updated 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. later this year." said David P. Hall, President and Chief Executive Officer. The Definition Drill Program In December of 2002, Aurizon announced an underground exploration program at Casa Berardi to access Zone 113 in order to increase the level of confidence of the grade and continuity of the 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 plan called for the extension of the main ramp from the West Mine to the 550 metre level, the development of a 450 metre exploration drift, the detailed drilling of Zone 113, and the development of 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 to test the continuity of the mineralization and to provide a bulk sample. To date, Aurizon has completed the ramp extension from the 450 metre level to 550 metre level, developed 192 metres of the planned 450 metres of exploration drift, and completed a crosscut of 145 metres through Zone 113 and the Casa Berardi fault. Development of the exploration drift is still in progress. An underground drilling program, using two rigs, was initiated in November, 2003. Initial hole spacing will be 25 metres (lateral) by 50 metres (vertical). Final hole spacing is planned at 25 metres by 25 metres. To date, forty (40) holes have been completed along four different vertical sections and horizontal fan drilling at the 550 metre level. All holes drilled to test Zone 113 have intersected a 40 to 70 metre wide mineralized corridor adjacent to the Casa Berardi fault. All holes have been drilled through the Casa Berardi Fault. Assays have been received for twenty-two (22) holes to date and are reported below:
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Gold Length Gold Length Gold Length
grams/ (metres grams/ (metres grams/ (metres
tonne along tonne along tonne along
Hole (assays the Hole (assays the Hole (assays the
ID uncut) hole) ID uncut) hole) ID uncut) hole)
--------------------- --------------------- ---------------------
U168 6.2 10.5 U300 4.6 9.0 U401 9.5 6.5
U172 2.1 12.4 U301 15.4 6.0 and 7.6 7.4
U173 13.8 39.0 U302 2.2 7.6 U402 6.2 11.6
U175 8.8 9.7 U303 3.2 23.1 U403 32.6 8.5
U176 8.3 9.0 U304 7.3 44.7
U177 14.4 7.5 U307 7.4 8.6
U178 5.9 32.8 U309 6.7 8.2
and 8.3 14.3
U312 13.8 16.3
U313 7.1 18.9
Holes U305, 308, 311 had low values
Comparison of surface to underground drill holes To date, underground drill holes have compared favourably with surface holes drilled during the 1998/1999 campaign. In the drilled area, five holes intersected the mineralized zone within 15 metres of previously reported surface exploration holes. Gold mineralization is found within large quartz veins and associated hanging wall stockwork. The gold mineralization is not restricted to the quartz veins. Quartz veins are oblique o·blique adj. Situated in a slanting position; not transverse or longitudinal. oblique slanting; inclined. to the Casa Berardi fault, which is 0.15 to 2.0 metres wide, as expected.
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Previous surface 2004 underground
exploration holes exploration holes
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Gold Length Gold Length
grams/ (metres grams/ (metres
tonne along tonne along
Hole (assays the Hole (assays the
ID uncut) hole) ID uncut) hole)
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S17B 5.0 19.4 compared with U304 7.3 44.7
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S17A 5.5 4.7 compared with U305 Low
values
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S8 S18 4.3 24.5 compared with U178 5.9 32.8
3.2 21.5
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S6 S6A 6.5 37.6 compared with U173 13.8 39.0
5.0 50.8
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S3 5.8 12.1 compared with U309 6.7 8.2
and 8.3 14.3
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Access to Zone 113 on the 550 level A crosscut from the exploration drift to Zone 113 has been excavated on the 550 metre level, ten (10) metres east of and parallel to the hole U168. The crosscut spans the entire mineralized corridor and ends 10 metres north of the Casa Berardi fault. A lithological section along the crosscut intersected twenty (20) metres of disseminated disseminated /dis·sem·i·nat·ed/ (-sem´i-nat?ed) scattered; distributed over a considerable area. dis·sem·i·nat·ed adj. Spread over a large area of a body, a tissue, or an organ. sulphide sulphide: see sulfide. and vein stockwork followed by a thirty (30) metre wide quartz vein. The first ten (10) metres of the quartz vein contained high grade material. The mineralized zone ends at the Casa Berardi fault which, at this location, is only fifteen to twenty centimetres wide. The mineralized zone excavated during the development is similar to the zone interpreted from surface and underground drilling. Comparative grade estimates of the drift are calculated by length-weight averaging of chip samples taken along both the west and east walls of the drift and by muck samples taken once for every fifteen (15) tonnes of material removed from the drift. Grade estimate comparisons are found in the table below:
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Hole U168 Chip samples Muck samples
Length Gold Gold Gold
Mineralized Zone metres grams/tonne grams/tonne grams/tonne
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Disseminated
sulphide and vein
stockwork 20 1.2 1.4 1.0
High grade quartz 10 6.2 11.5 10.1
Low grade quartz 20 1.3 2.2 3.3
Quality Control Drill core assays are performed on split or core sawed in half, with standard fire assay procedures and 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. finition. Certified See certification. reference material is inserted in the sample sequence for quality control. Assay checking on the pulp and reject samples will be carried out in the coming weeks. Primary assaying is performed 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 Geochemical Laboratories of Rouyn-Noranda. Drill hole planning, implementation and the quality control program is supervised su·per·vise tr.v. su·per·vised, su·per·vis·ing, su·per·vis·es To have the charge and direction of; superintend. [Middle English *supervisen, from Medieval Latin by Robert Crepeau, P.Geol., Principal Mine Geologist, who is an appropriately qualified person as defined by National Instrument 43-101. Additional Information A sketch sketch, a rapidly executed kind of pictorial note-taking. The sketch is not usually intended as an autonomous work of art, although many have been considered masterpieces in their own right. indicating the area covered by the current underground definition drilling program described herein is attached to this news release. If you are unable to view this information, please download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. this news release from Aurizon's website at http://www.aurizon.com or contact the Company at the numbers listed below. All other information previously released on the Casa Berardi project is also available on the Aurizon website. Aurizon is a Canadian-based gold mining company with operations and exploration activities in the Abitibi region of north-western Quebec, one of the world's most prolific gold and base metal regions. Aurizon owns fifty percent (50%) of the Sleeping Giant Sleeping Giant may refer to: In geology:
Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol "ARZ ARZ Allgemeines Rechenzentrum GmbH (Innsbruck, Austria) ARZ Auto-Restricted Zone ARZ Aquatic Ruin Zone (Sonic 2 level) " and on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. under the symbol "AZK AZK Artikel Zur Krankenpflege (German: articles on health care; Willich, Germany) ". This News Release contains "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. ", including, but not limited to, statements regarding the Company's expectations as to the market price of gold, strategic plans, future commercial production, production targets and timetables, mine operating costs operating costs npl → gastos mpl operacionales , capital expenditures, work programs, exploration budgets and mineral reserve and resource estimates. Forward-looking statements express, as at the date of this report, the Company's plans, estimates, forecasts, projections, expectations, or beliefs as to future events or results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Factors that could cause results or events to differ materially from current expectations expressed or implied by the forward-looking statements, include, but are not limited to, factors associated with fluctuations in the market price 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. , mining industry risks and hazards, environmental risks and hazards, uncertainty as to calculation of mineral reserves and resources, requirement of additional financing, risks of delays in construction and other risks more fully described in Aurizon's Annual Report on Form 20-F filed as an alternative form of AIF AIF Annual Information Form AIF Apoptosis-Inducing Factor AIF Agence Intergouvernementale de la Francophonie (French: Intergovernmental Agency for Francophony) AIF Australian Imperial Force with the Securities Commissions of the provinces of British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography , Ontario and Quebec, with the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Securities and Exchange Commission, and with the Toronto Stock Exchange. To view attached map please click on the following link: http://www2.cdn-news.com/database/fax/2000/0227arz.pdf U.S. Registration: (File #0-22672) Form 20-F |
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