Big Valley Resources - Summary of development of property.WILLIAMS LAKE Williams Lake is the name of several places: Canada
n. 1. A pattern of dark lines forming squares on a light background. 2. Cloth woven or printed with this pattern. adj. , president, reports that Big Valley Resources Inc. is planning to expand the current exploration program on its 100 percent owned 26,871 acre Lloyd Nordik and BV copper gold property, located 65 km NE of Williams Lake in Central 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 . (Total acres including options are 40,000) The property adjoins the north and east borders of the Mount Polley Gold/Copper ore body of Imperial Metals which is under construction and scheduled for production in 1997. Big Valley's exploration programs, regionally and over the past have outlined 5 target areas. The Lloyd 1, 2, 3, 4 and the Nordik SE. Exploration has been performed on all targets including various surveys such as geochemical ground soil sampling, aerial aerial: see antenna, in electronics. magnetometer surveys, induced polarization Induced polarization (IP) is a geophysical imaging technique used to identify subsurface materials, such as ore. The method is similar to electrical resistivity tomography, in that an electric current is induced into the subsurface through two electrodes, and voltage is (I.P.), and radiometric surveys. Also an extensive trenching program on the Lloyd 1 resource model, Lloyd 2, 3, 4 and the Nordik SE exposed copper/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. . Various coincident co·in·ci·dent adj. 1. Occupying the same area in space or happening at the same time: a series of coincident events. See Synonyms at contemporary. 2. anomalies
Anomalies is Cephalic Carnage's 4th full-length album. It was released on Relapse Records. The group expanded their sound even more than their previous album, Lucid Interval, and gained more popularity. exist on all target areas. Some preliminary diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral has been conducted on the Lloyd 3 and the Nordik SE targets. The majority of the diamond drilling to date has been carried out on the Lloyd 2 resource development area to test a magnetic high and coincident induced polarization chargeability anomaly Abnormality or deviation. Pronounced "uh-nom-uh-lee," it is a favorite word among computer people when complex systems produce output that is inexplicable. See software conflict and anomaly detection. . During 1994 - 95 a total of 3564 meters (11,693 ft.) of diamond drilling (22 holes) were completed in this area. The results of this drilling program were used for a resource evaluation study carried out by Montgomery Montgomery, city, United States Montgomery, city (1990 pop. 187,106), state capital and seat of Montgomery co., E central Ala., near the head of navigation on the Alabama River just below the confluence of the Coosa and Tallapoosa rivers, and in the rich Consultants Limited of Vancouver Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , BC. The study develops a 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. block model and interpolates grade into blocks using kriging Kriging is group of geostatistical techniques to interpolate the value of a random field (e.g. the elevation Z of the landscape as a function of the geographic location) at an unobserved location from observations of its value at nearby locations. to provide a geologic 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. resource estimate. This result indicated a geologic resource which is presently being developed. To date this season's program has 9 additional holes drilled representing part 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. and 3 step out holes to further define the size and the shape 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. -0- A SUMMARY OF THE MINERALIZED SECTIONS DRILL HOLE DEPTH INTERSECTION CU G/Tonne G/Tonne number in feet in feet percent AU AG DDH 96-50 246-475 229 0.44 0.14 Incl. 246-265 19 0.96 0.27 Incl. 318-377 59 0.77 0.20 DDH 96-51 236-275 39 0.628 0.11 Incl. 302-335 33 0.311 0.08 DDH 96-52 13-111 98 0.204 0.04 1.6 Incl. 13- 85 72 0.231 0.05 1.8 Incl. 223-249 26 0.696 0.23 4.9 DDH 96-53 22-105 83 0.178 0.05 Incl. 203-262 59 0.152 0.02 DDH 96-54 20- 40 20 0.143 0.03 Incl. 203-262 59 0.184 0.04 DDH 96-55 ABANDONED -IN FAULT- DDH 96-56 12- 39 27 0.60 0.75 Incl. 12- 20 8 1.86 2.95 10.8 Incl. 223-242 19 0.37 0.24 DDH 96-57 128-161 33 0.220 0.08 Incl. 311-357 46 0.204 0.09 Incl. 403-449 46 0.144 0.05
DDH 96-58 285-361 66 0.342 0.20
Incl. 312-332 20 0.862 0.51
-0-
As a result of the encouraging results, additional drilling is
warranted to define the ultimate limits of the mineralization.
Additional stepout drill sites are presently being located and
drilling is expected to commence within the week.
It is anticipated that one drill will continue to drill the Lloyd
2 resource area and an additional drill will be used to further test
mineralized anomalies on the Nordik SE and the Lloyd 3 targets.
Also during a review of all the diamond drill hole data, it has
become obvious that assay values of silver, molybdenum and tin appear
to be significant. Further study and assaying is warranted to
evaluate the potential of these metals.
A brief summary of selected sections of the previously reported
22 diamond drill holes within the Lloyd 2 resource area are as
follows:
-0-
DRILL HOLE DEPTH INTERSECTION CU G/Tonne CU/
NUMBER in feet in feet percent AU EQUIVALENT
DDH 94-01 259-377 118 0.09 0.131 0.18 Incl. 482-534 52 0.22 0.298 0.43 DDH 94-02 190-289 99 0.25 0.352 0.50 Incl. 197-259 62 0.33 0.472 0.67 Incl. 387-536 148 0.27 0.348 0.52 Incl. 428-512 86 0.40 0.542 0.78 DDH 94-03 262-364 102 1.95 1.445 2.98 Incl. 272-337 65 2.53 2.005 3.82 DDH 94-04 20-631 611 0.31 0.16 0.41 Incl. 33-249 216 0.56 0.19 0.70 Incl. 179-230 33 2.22 0.68 2.70 Incl. 525-604 79 0.71 0.56 1.12 DDH 94-05 400-420 20 0.43 0.16 0.55 DDH 94-06 25-169 144 0.15 0.06 0.20 Incl. 64- 97 33 0.35 0.16 0.47 Incl. 358-469 111 0.16 0.03 0.20 Incl. 358-380 22 0.29 0.06 0.35 DDH 94-07 95-135 40 0.15 0.06 0.19 DDH 94-08 184-217 33 0.12 0.03 0.15 Incl. 400-440 40 0.29 0.12 0.39 DDH 94-09 230-263 33 0.38 0.06 0.42 Incl. 452-492 40 0.12 0.03 0.15 Incl. 577-676 99 0.23 0.19 0.36 Incl. 289-315 26 0.53 0.50 0.90 DDH 94-11 322-663 341 0.23 0.34 0.469 Incl. 322-427 105 0.50 0.78 1.06 Incl. 610-663 53 0.42 0.51 0.78 DDH 95-14 105-112 07 0.36 0.12 Incl. 217-243 26 0.21 0.03 Incl. 387-407 20 0.19 0.06 Incl. 443-446 03 0.37 0.16 DDH 95-15 151-184 33 0.12 0.06 Incl. 184-190 06 0.21 0.16 Incl. 479-518 39 0.46 0.47 DDH 95-16 39- 99 60 0.24 0.03 Incl. 59- 85 26 0.31 0.03 Incl. 190-197 07 0.37 0.16 Incl. 269-308 39 0.12 0.03 Incl. 364-378 14 0.11 0.03 Incl. 404-485 81 0.10 1.21 Incl. 469-475 07 0.02 13.45 DDH 95-17 75- 89 14 0.41 0.22 Incl. 404-417 13 0.13 0.06 Incl. 482-496 14 0.15 0.08 DDH 95-19 56- 76 20 0.15 0.03 Incl. 128-135 07 0.48 0.37 Incl. 148-154 06 0.14 0.03 Incl. 167-174 07 0.10 0.03-0- Presently line cutting and geochemical sampling is ongoing on the BV claims. In summary our extensive drilling program is on going. The management of Big Valley Resources Inc. also are meeting with major mining companies. ON BEHALF OF THE BOARD Lloyd Tattersall President -0- The Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). has neither approved nor disapproved the information contained herein. CONTACT: Big Valley Resources Inc. Lloyd Tattersall, 604/243-2337, Kelly MacDonald Kelly Macdonald (born February 23 1976) is an Emmy Award-winning Scottish actress, born in Glasgow, Scotland. Personal life Her parents divorced when she was quite young and she and her younger brother were raised by her mother on a council estate in the town of Newton , 604/922-6998 or Barry Lee, 800/408-0018 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion