Printer Friendly
The Free Library
7,774,290 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Buffalo Intersects Copper-Gold Mineralisation on the Red Property.


VANCOUVER, British Columbia -- 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.

.U) is pleased to announce drill results from its Phase I drill program on the Red Property in northern British Columbia. The Red Property is a copper-gold porphyry prospect within the northwest trending Quesnel terrane ter·rane also ter·rain  
n.
1. A series of related rock formations.

2. An area having a preponderance of a particular rock or rock groups.



[Alteration of terrain.]
 of the Intermontane Belt of northern British Columbia, Canada, approximately forty kilometres southeast of Northgate's Kemess Mine.

The Phase I drill program consisted of four drill holes totalling 626 metres. Three separate targets were tested during the program.

Drill hole R05-01 (042az/-55dip) was collared to test a coincident I.P. chargeability anomaly and copper in soil geochemical anomaly approximately 150 metres west of drill hole R04-14, drilled in 2004 which intersected 36.5 metres at 0.26% copper and 0.12 g/t Au. Drill hole R05-01 intersected alteration and 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.
 similar to that seen in R04-14 but the visible chalcopyrite content was somewhat less. Hole R05-01 returned the following significant intervals;
-----------------------------------------------------
                         Interval(i)
Hole    From     To         (metres)  Cu (%)  Au (ppb)
-----------------------------------------------------
R05-01   5.6   21.6            16.0    0.20        98
-----------------------------------------------------
        86.6  145.7            59.1    0.14        79
-----------------------------------------------------
       166.8  177.8            11.0    0.13        50
-----------------------------------------------------
(i)There is insufficient information to determine
   whether intervals represent true widths



Drill Hole R05-02 (042az/-55dip) was collared to test a northwest trending gold and copper MMI (Man Machine Interface) See HMI.

1. MMI - Man-Machine Interface.
2. (company) MMI - The company which developed the first Programmable Array Logic devices. MMI was bought by AMD.
 anomaly which lies immediately south of and sub-parallel to the main trend of copper mineralization in the Main Target Area (See Buffalo Gold Ltd. Press Release, April 18, 2005). Hole R05-02 returned the following significant intervals:
-----------------------------------------------------
                         Interval(i)
Hole    From     To         (metres)  Cu (%)  Au (ppb)
-----------------------------------------------------
R05-02  13.1   22.7             9.6   0.085        50
-----------------------------------------------------
(i) There is insufficient information to determine
    whether intervals represent true widths



Drill Holes R05-03 (230az/-55dip) and R05-04 (042az/-45dip) were collared to test the southwest trending contact zone between ultramafic intrusive unit to the southwest and dioritic di·o·rite  
n.
Any of various dark, granite-textured, crystalline rocks rich in plagioclase and having little quartz.



[French, from Greek diorizein, to distinguish : dia-,
 intrusive and Takla volcanic rocks to the northeast. Both holes were collared from the same site immediately south of the contact zone.

Hole R05-03 was drilled to the southwest into the ultramafic unit and intersected anomalous intervals of nickel values (605 ppm Ni over 24.5 metres and 884 ppm Ni over 13.7 metres).

Hole R05-04 was drilled to the northeast through the contact zone and into the dioritic intrusives and Takla volcanic rocks. The contact zone was intersected at 23.8 metres and consisted of a 10-metre wide mylonitised zone. From this contact zone a thick sequence of altered, 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.
 and variably porphyritic por·phy·rit·ic   also por·phy·rit·i·cal
adj.
1. Of or containing porphyry.

2. Containing relatively large isolated crystals in a mass of fine texture.

Adj. 1.
 dioritic and andesitic rocks was present and the hole terminated at 143.26 metres still in copper mineralization. The following significant intervals were intersected:
-----------------------------------------------------
                         Interval(i)
Hole    From     To         (metres)  Cu (%)  Au (ppb)
-----------------------------------------------------
R05-04  33.5   56.0            22.5    0.11        24
-----------------------------------------------------
        65.0  112.9            47.9    0.16        45
-----------------------------------------------------
       115.8  124.8             9.0    0.53       266
-----------------------------------------------------
       128.2 143.26 (eoh)      15.0    0.17        60
-----------------------------------------------------
(i) There is insufficient information to determine
    whether intervals represent true widths



The narrow unmineralized intervals between the reported mineralized intervals above correlated with porphyritic diorite diorite

Medium- to coarse-grained igneous rock that commonly is composed of about two-thirds plagioclase feldspar and one-third dark-coloured minerals, such as hornblende or biotite.
 dykes.

The 2005 drill program at the Red Property was completed under the supervision of Dean Besserer P. Geo. of Apex Geoscience ge·o·sci·ence  
n.
Any one of the sciences, such as geology or geochemistry, that deals with the earth.



ge
 Ltd. All drill core was split on site and a split half of the entire drill core was shipped to TSL TSL Texas State Library
TSL Transport Layer Security
TSL Techsideline.com (website)
TSL Teen Second Life (website)
TSL The Svedberg Laboratory (Uppsala, Sweden) 
 Laboratories of Saskatoon Saskatoon (săskətn`), city (1991 pop. 186,058), S central Sask., Canada, on the South Saskatchewan River. , Saskatchewan for analyses. Check analyses were performed on 5% of the core by ALS Als (äls), Ger. Alsen, island, 121 sq mi (313 sq km), Sønderjylland co., S Denmark, in the Lille Bælt, separated from the mainland by the narrow Alensund.  Chemex in Vancouver. Both TSL Laboratories and ALS Chemex perform repeat and standard analyses as part of their in-house QA/QC QA/QC Quality Assurance/Quality Control  program. The technical content presented in this release was compiled and reviewed by Douglas Turnbull, P. Geo., a qualified person as defined in National Instrument 43-101.

Buffalo has been granted an option to acquire a 60% interest in the Red Property. The Red Property is presently held under option by Gitennes Exploration Inc. that can acquire a 100% interest in the Red Property, subject to a 1.5% net smelter return royalty.

On behalf of the Board of Directors of

BUFFALO GOLD LTD.

John V. Tully, President

About BUF.U:

Buffalo Gold Ltd., headquartered in Vancouver, Canada is actively engaged in exploring and developing mineral properties globally. Management is dedicated to maximising shareholder value through growth strategies that emphasise careful opportunity assessment and vigilant project management.

To find out more about Buffalo Gold Ltd. (TSX VENTURE:BUF.U) please visit our website at www.buffalogold.ca.

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.

Buffalo Gold Ltd. (TSX VENTURE:BUF.U)
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1CANA
Date:Jan 6, 2006
Words:771
Previous Article:Q2 2006 Ruby Tuesday Earnings Conference Call - Abstract.
Next Article:Millennium to Webcast Business Update In Advance of 24th Annual JPMorgan Healthcare Conference - Abstract.
Topics:



Related Articles
Leigh Resource Corporation-Additional Assay Results Received.
Expatriate Resumes Drilling on Islena Silver-Copper-Zinc Mineralization in Chile.
Buffalo Finalizes Plan of Reactivation.
Buffalo Mobilizes Drill Rig to Red Property.
Drilling Confirms Continuity of High-Grade Mineralization on Entree's Copper Flats.
Fronteer Discovers New Gold-Silver-Copper Zone, Also Intersects 5.23 g/t Gold Over 25.5 Metres at the Agi Dagi Project, Turkey.
Asia Gold Intersects 70 Metres Grading 0.67% Copper and 0.16 g/t Gold at Khongor, Mongolia.
Aurelian Reports Porphyry Copper Targets For The Condor Project.
Acero-Martin Exploration Inc.: Eight Holes Intersect Significant Gold and Copper Mineralization.
VIDEO: WCP Resources Ltd - Funding Secured For Lake Torrens JV.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles