Blue Pearl Set to Drill at Davidson Molybdenum Deposit.TORONTO -- Reissuing release to correct ticker symbols for searching purposes. The ticker symbols for Blue Pearl should be (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :BLE) and (TSX:BLE.WT). The corrected release reads: BLUE PEARL SET TO DRILL AT DAVIDSON MOLYBDENUM molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. DEPOSIT Blue Pearl Mining Ltd. (TSX:BLE)(TSX:BLE.WT) is pleased to announce that it will begin a 5,000 metre underground drilling program in November at the Davidson molybdenum deposit near Smithers Smithers is a surname, and may refer to: People People with the surname Smithers
Blue Pearl is currently undertaking a feasibility study "A Feasibility Study" is an episode of the original The Outer Limits television show. It first aired on 13 April, 1964, during the first season. It was remade in 1997 as part of the revived The Outer Limits series with a minor title change. on the Davidson deposit. Based on work by past operators, and using a cut-off cut-off Anesthesiology The point at which elongation of the carbon chain of the 1-alkanol family of anesthetics results in a precipitous drop in the anesthetic potential of these agents–eg, at > 12 carbons in length, there is little anesthetic activity, grade of 0.2% MoS2, the property is estimated to contain a measured and indicated mineral resource of 75 million tonnes grading 0.18% molybdenum, containing 293 million pounds of molybdenum (please refer to the Company's Material Change Report dated January 26, 2005, and Technical Report dated February 16, 2005, and filed on SEDAR SEDAR System for Electronic Document Analysis and Retrieval SEDAR Southeast Data, Assessment, and Review on March 7, 2005). There are three phases to the current drilling program. One will test a potentially high grade zone located 300 metres below the existing deposit at approximately the same elevation as a proposed second adit. Six new holes will test the lateral extensions of this zone, which was discovered in 1980 with two drill holes. Those holes were drilled 50 metres apart and intersected 48.4 metres grading 0.46% MoS2 (0.27% Mo) and 36.6 metres grading 0.37% MoS2 (0.22% Mo). No drilling has been undertaken on this zone since 1980. The location of this potential new orebody could impact the ultimate design of the underground workings. A second phase of the drill program will consist of 18 short holes into the high grade core of the existing deposit. This drilling is designed to provide information for final mine planning, as well as fresh drill core for detailed 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. and environmental test work. Phase three involves the drilling of a horizontal surface Noun 1. horizontal surface - a flat surface at right angles to a plumb line; "park the car on the level" level floor, flooring - the inside lower horizontal surface (as of a room, hallway, tent, or other structure); "they needed rugs to cover the bare hole along the path of the proposed lower adit at the 700 metre elevation, approximately 350 metres below the existing workings. This is for environmental test work. All drilling, with the exception of the phase three hole, will be from the current underground workings. The existing 2,000-metre adit and 600 metres of crosscuts will provide access. The adit, which was reopened in September, 2005, is in excellent condition after lying dormant for 25 years, indicating very stable ground conditions. A mining contractor is installing new ventilation ducts into the adit. Existing rails are also in excellent condition and are being used for underground access. New underground drill stations will be cut into the existing workings. The drill contract has been awarded to Hy-Tech Drilling Ltd. of Smithers, B.C. Gary Giroux, P. Eng P. ENG Professional Engineer P. ENG process engineer ., is the independent qualified person in accordance with National Instrument 43-101 and has read and approved this news release. Blue Pearl Mining is a Canadian-based mining development company whose sole focus is on developing the Davidson molybdenum deposit. For further information on Blue Pearl, please visit our web site at www.bluepearl.ca. Blue Pearl Mining Ltd. (TSX:BLE)(TSX:BLE.WT) |
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