Big Valley Resources-Summer Exploration & Development Program Underway on the Lloyd-Nordic & BV Property, In-fill Drilling and Testing of Targets with Large Tonnage Au-Cu Potential.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, announces that definition 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 is continuing on the Lloyd 2 zone located adjacent to the Mount Polley gold-copper ore body of Imperial Metals Corp. 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 . The current nine hole program represents in-fill drilling and is intended to expand the Lloyd 2 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. resource outlined by earlier drilling. Step out drilling to extend the outer dimensions of the Lloyd 2 zone will begin once the in-fill drilling has been successfully completed. Step out drill sites are presently under construction. The core from current drill holes has not been assayed in numerical numerical expressed in numbers, i.e. Arabic numerals of 0 to 9 inclusive. numerical nomenclature a numerical code is used to indicate the words, or other alphabetical signals, intended. order. Assay results will be released as they are received. A summary of the most recent assay results are as follows: -0- Drill Hole Depth Intersection Copper Gold Number (feet) (feet) (Percentage) (oz/ton) ---------- --------- ------------ ------------ -------- DDH 96-50 246 - 475 229 0.44 0.004 incl. 246 - 265 19 0.96 0.008 incl. 318 - 377 59 0.77 0.006 DDH 96-56 12 - 39 27 0.60 0.022 incl. 12 - 20 8 1.860 0.086 incl. 223 - 242 19 0.37 0.007 Detailed assay results for the 12 - 20 foot section of 96-56 are: Drill Hole Depth Intersection Copper Gold Silver Number (feet) (feet) (percent) oz/ton gr/ton ---------- ------- ------------ --------- ------ ------ DDH 96-56 12 - 20 8 1.860 0.086 10.8 Additional assaying for silver will be carried out on both current and earlier drill holes. A location map for the Lloyd-Nordik property can be obtained by contacting Lloyd Tattersall at the above address. Diamond drilling will be ongoing during the summer on the Company's extensive claim block, as there are a number of drill targets that have not yet been tested. A survey grid is presently being established on the BV claims in order to complete geochemical and geophysical surveys Geophysical survey refers to the systematic collection of geophysical data for spatial studies. Geophysical surveys may use a great variety of sensing instruments, and data may be collected from above or below the Earth's surface or from aerial or marine platforms. . The Company is currently negotiating with a number of major mining companies with respect to the Lloyd-Nordik and BV property. ON BEHALF OF THE BOARD Lloyd Tattersall President -0- Note to editors: Location map available from the Company at the phone number (604) 243-2337 listed above. No stock exchange or securities commission has approved or disapproved the form or content of this news release. CONTACT: Big Valley Resources Inc. Mr. Lloyd Tattersall, President (604) 243-2337 (604) 243-2335 (fax) or Big Valley Resources Inc. Ms. 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 , Shareholder Communications (604) 922-6998 or Mr. Barry Lee, Investor Relations Investor relations The process by which the corporation communicates with its investors. (403) 571-7201 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion