Buffalo Begins Mt. Kare Drill Program.VANCOUVER, 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 -- Buffalo Gold Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:BUF (BUFfer gate) A logic gate that generates the same output as the input. It is used as a relay to increase power, to add some delay in the circuit and to isolate signals. See logic gate. ə, –y . The drill programme is part of the pre-feasibility study being carried out on the Western Roscoelite Zone ("WRZ WRZ Western Roscoelite Zone (mining) ") which, from previous work by joint venture partner Madison Minerals, appears to be the higher-grade portion of the overall Mt. Kare mineralisation. As reported in Buffalo's news release of February 13, 2006, the drill programme will consist of between 5,000 and 6,000 metres diamond drilling in 50 to 60 drill holes, of which a minimum of 3,000 metres should be completed by the end of July. The basic aim behind the programme is to reduce the spacing of the drill intersections on the ore horizon to 30 metres both along strike and down dip. This will meet two main objectives: --To increase the confidence level in the historical resource. --To gain a better understanding of the structural controls on the higher grade portions of the ore zone. Buffalo is well equipped to carry out this task with a highly experienced group of geoscientists, headed by President John Tully. Vice President Exploration Greg Moseley, Field Manager John Keenan John Keenan is a fictional character in the BBC police drama HolbyBlue. The character is portrayed by actor Cal Macaninch. Overview John Keenan is a dedicated Detective Inspector at Holby South police station, willing to go to great lengths to uphold order and and Senior Geologist Agnes Keenan have worked together as a team since 1993 and have extensive experience in evaluating structurally complex, variable grade gold deposits in various terranes including epithermal deposits such as Mt. Kare. They have been involved in the discovery and evaluation of several producing mines. This experienced group is further assisted by two Papua New Guinean geologists. The same team will concurrently be initiating the evaluation of several thus far unexplored targets previously known to exist on the property and several newly identified targets. These include: Previously known targets: --Extensions of known ore bodies - all of the currently known mineralised zones, viz: Western Roscoelite Zone, Central Zone, C9 Zone, Black Zone and the Pump Creek Zone have the potential to be extended by detailed drilling both along strike and down dip. --Red Hill - large magnetic anomaly Magnetic Anomaly may refer to:
adj. 1. Of, relating to, or characteristic of fire. 2. Geology a. Formed by solidification from a molten state. Used of rocks. b. Of or relating to rock so formed; pyrogenic. suite, with associated brecciation brec·ci·ate tr.v. brec·ci·at·ed, brec·ci·at·ing, brec·ci·ates To form (rock) into breccia. brec and gold mineralisation that is currently being artisanally worked by informal miners. --Lubu Creek - alluvial miming area some 4.5 kilometres southwest of the Mount Kare mineralised zones where rock samples have assayed as high as 520 g/t gold. --Lower Maratane Zone - area defined by soil and alluvial geochemical sampling and trench and bedrock samples which indicate similar mineralisation to the WRZ. With float samples grading up to 8.9 g/t. This is potentially an extension of the WRZ. --Orosa Creek - a relatively unknown quantity, this target is a strong northwest trending magnetic high some two kilometres east of the main project area. There is some alluvial mining associated with this structure. New Targets: --Geophysical anomalies - as part of the review of the previous work, Buffalo is carrying out a re-processing and re-interpretation of the existing geophysical data set. Considerable value has thus far been obtained from this on-going exercise in the form of a number of other discrete anomalies which have been interpreted to represent potential intrusive bodies. Each of these identified intrusives may represent additional targets for exploration. It is expected that as this re-working of the data proceeds and is refined, more targets will be forthcoming both from the geophysics and from the structural refinement which is the consequence of this study. It is considered critical that the structure be well understood in order to optimise the ore resource prior to a full scale 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. . Buffalo's President, John V. Tully, P. Geo., is the qualified person for the purposes of NI43-101 that was responsible for the preparation of the technical information disclosed in this news release. To find out more about Buffalo Gold Ltd. (TSX VENTURE:BUF.U) please visit our website at www.buffalogold.ca. On behalf of the Board of Directors of BUFFALO GOLD LTD. Damien Reynolds, Chairman of the Board of Directors and Chief Executive Officer The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. has not reviewed and does not accept responsibility for the accuracy of this press release. |
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