CORRECTING and REPLACING/Southwestern Resources Corp.: Drill Results Include a 13.65 Metre Intersection of 30.7 Grams Per Tonne Gold in Hole B04-53 Boka Gold Project, Yunnan.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 -- Please replace the release, dated Jan. 18, 2005, with the following corrected version due to multiple revisions. The corrected release reads: SOUTHWESTERN RESOURCES CORP.: DRILL RESULTS INCLUDE A 13.65 METRE INTERSECTION OF 30.7 GRAMS PER TONNE GOLD IN HOLE B04-53 BOKA BOKA Bold, Original, Kitchen Artistry (Seattle, Washington restaurant) GOLD PROJECT, YUNNAN PROVINCE Noun 1. Yunnan province - a province of southern China Yunnan Cathay, China, Communist China, mainland China, People's Republic of China, PRC, Red China - a communist nation that covers a vast territory in eastern Asia; the most populous country in the world , CHINA Southwestern Resources Corp. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :SWG SWG abbr. standard wire gauge ) is pleased to announce that assay results have been received for drillholes B04-50, B04-51 and B04-53 to B04-58. In the latest results, two high grade intersections were reported: 30.7 grams per tonne gold over 13.65 metres in hole B04-53 and 41.5 grams per tonne gold over 7.2 metres in hole B04-57. Both holes were drilled at the Boka 1 South Gold Zone and confirm a 600 metre southward south·ward adv. & adj. Toward, to, or in the south. n. A southward direction, point, or region. south extension of the high grade 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. that exists at Boka 1 North in tunnels XG-13, XG-15 and XG-23. Each of these higher grade intersections occurs within a thicker, lower grade zone of mineralization. At present, seven rigs are operating on the Property with an eighth rig anticipated to start drilling in two weeks. Drillholes B04-52, B04-59 to B04-67, B04-70, B04-73 and B04-74 are completed and assays are pending. Holes B04-68, B04-69, B04-71, B04-72, B04-75, B04-76 and B04-77 are in progress. The program at Boka is concentrating on drilling the Boka 1 Gold Zone on a 100 metre by 50 metre grid. Several other targets on the Boka Property are also slated for drill testing. The Company recently completed a Transient Electromagnetic survey over the Boka 1 Gold Zone. This survey has clearly defined the conductive conductive having the quality of readily conducting electric current. conductive flooring flooring or floor covering made specially conductive to electrical current, usually by the inclusion of copper wiring that is earthed graphite graphite (grăf`īt), an allotropic form of carbon, known also as plumbago and black lead. It is dark gray or black, crystalline (often in the form of slippery scales), greasy, and soft, with a metallic luster. shear zone which lies directly above the gold mineralization. Interpretation of the data shows this conductive zone continuing at least 1,500 metres downdip. Several stepout drillholes are planned to test this conductor. Latest drill results are listed in the following table. For drillhole locations and data, please visit our website at www.swgold.com.
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Intersection Assay
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Hole From To Interval Grams per
No. Area (metres) (metres) (metres) tonne gold Comments
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B04-50 Boka 1 212.70 258.20 45.5 2.2 quartz-
North carbonate
Stockwork
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including 224.30 231.90 7.6 3.3
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B04-51 Boka 1 Hole abandoned - not assayed
North
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B04-53 Boka 1 63.95 123.60 59.65 9.3 quartz-
South carbonate
------------------------------------------------------- Sulphide
including 65.70 79.35 13.65 30.7 stockwork,
------------------------------------------------------- massive
including 103.30 112.80 9.50 7.9 sulphide and
sulphide
veins
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B05-54 Boka 1 164.30 207.60 43.30 2.9 quartz-
North carbonate
stockwork
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including 172.70 180.00 7.30 9.2 quartz-
------------------------------------------------------- carbonate
238.30 262.02 23.72 2.3 sulphide
------------------------------------------------------- stockwork
291.62 293.92 2.30 1.4
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B04-55 Boka 1 146.35 198.25 51.90 4.1 quartz-
North carbonate
stockwork
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including 176.15 189.45 13.30 10.0 sulphide
veins
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232.35 259.75 27.40 2.7 quartz-
------------------------------------------------------- carbonate
291.10 293.10 2.00 3.1 stockwork
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B04-56 Boka 1 187.20 234.32 47.12 5.3 quartz-
North carbonate
stockwork
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including 193.20 204.95 11.75 15.5 massive
sulphide and
sulphide
veins
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366.00 389.50 23.50 1.9 quartz-
carbonate
stockwork
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B04-57 Boka 1 298.55 350.80 52.25 7.3 quartz-
South carbonate
stockwork
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including 331.00 338.20 7.20 41.5 massive
sulphide and
sulphide
veins
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B04-58 Boka 1 No significant results
North
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The Boka 1 Gold Zone has been traced in trenches, tunnels and drillholes for approximately 1,800 metres along strike and is open to the north, south and downdip. Drilling to date has shown that mineralization continues downdip for 300 metres at Boka 1 North and 500 metres at Boka 1 South. An extensive exploration program is presently being conducted on the Boka Property and several new gold zones discovered through the follow-up of gold in soil anomalies are slated for drill testing. Gold mineralization at Boka is associated with quartz-carbonate stockwork, replacement quartz veins, massive sulphides and massive carbonate replacement. The Company received a Draft Scoping Assessment Report prepared by Hatch Engineering on the Boka Gold Project in December 2004. The Company has expanded the parameters of this study to include underground exploitation. Management is currently reviewing this study, the details of which are expected to be released shortly. Additional studies are ongoing. John Paterson John Paterson may refer to:
stratiform occurring in layers. nature and the continuity of the gold mineralization. The intersections of high grade gold at Boka 1 South now show this type of mineralization extends for at least 600 metres, and we will continue to expand our knowledge of this zone. We are also pleased by the recent announcement by Sino Gold Sino Gold (澳華黃金) are a gold mining company headquartered in Sydney and conducting most of their mining operations in Heilongjiang, Guizhou, and Shaanxi provinces in the People's Republic of China. of the issuance of the Project Permit for the Jinfeng Gold Projects reinforcing the Chinese governments' commitment to foreign development of that country's mineral resources Noun 1. mineral resources - natural resources in the form of minerals natural resource, natural resources - resources (actual and potential) supplied by nature ." Quality Control Southwestern has implemented a quality control program to ensure best practice in lithogeochemical sampling and analysis of tunnel and drill core samples. All samples are shipped directly in security sealed bags to the assay laboratory of the Northwest Non-Ferrous Geology Research Institute (ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9002) located in Xian, Shaanxi Province, China. Drill core samples are prepped to -10 mesh at the Xian facility and 500 gram split samples are air freighted air freight n → flete m por avión air freight n → fret aérien air freight air n → Luftfracht f to Vancouver, BC for screen fire assay by IPL (Initial Program Load) Same as boot. 1. IPL - Information Processing Language. 2. IPL - Internet Public Library. 3. IPL - Initial Program Load. 4. IPL - Initial Program Loader. labs or 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 Laboratories. Exploration samples are assayed by conventional methods at the Langfang Institute of Geochemical and Geophysical ge·o·phys·ics n. (used with a sing. verb) The physics of the earth and its environment, including the physics of fields such as meteorology, oceanography, and seismology. Exploration (ISO 9001) in Beijing and are digested in an aqua regia aqua regia (äk`wə rē`jēə) [Lat.,=royal water], corrosive, fuming yellow liquid prepared by mixing one volume of concentrated nitric acid with three to four volumes of concentrated hydrochloric acid. acid digestion and gold, silver, copper, nickel, arsenic arsenic (är`sənĭk), a semimetallic chemical element; symbol As; at. no. 33; at. wt. 74.9216; m.p. 817°C; (at 28 atmospheres pressure); sublimation point 613°C;; sp. gr. (stable form) 5.73; valence −3, 0, +3, or +5. , antimony antimony (ăn`tĭmō'nē) [Lat. antimoneum], semimetallic chemical element; symbol Sb [Lat. stibium,=a mark]; at. no. 51; at. wt. 121.75; m.p. 630.74°C;; b.p. 1,750°C;; sp. gr. (metallic form) 6. and bismuth bismuth (bĭz`məth) [Ger. Weisse Masse=white mass], metallic chemical element; symbol Bi; at. no. 83; at. wt. 208.9804; m.p. 271.3°C;; b.p. about 1,560°C;; sp. gr. 9.75 at 20°C;; valence +3 or +5. are analyzed by atomic absorption. The Company submits its own standards as a measure of the accuracy of the analysis. Field duplicates and pulp duplicates are routinely analyzed for precision at ALS Chemex located in Vancouver, BC. ALS Chemex is an ISO 9001:2000 registered laboratory and is preparing for ISO 17025 certification. IPL is an ISO 9002 certified See certification. laboratory. Sample results are received in batches and not as assays for an entire drillhole. The exploration program is being carried out by John Zhang, Project Manager and John Paterson, President, Southwestern Resources Corp., (Member, AUSIMM AUSIMM Australasian Institute of Mining and Metallurgy - and the qualified person for the Project). Southwestern Resources Corp. is exploring in several countries for precious and base metals. The Company has a number of significant projects including the Boka Gold Project in China with Team 209, where a major drilling program is being conducted, the Liam Gold-Silver Project in Peru with Newmont Peru Limited and the Antay Porphyry Porphyry, Greek scholar Porphyry (pôr`fĭrē), c.232–c.304, Greek scholar and Neoplatonic philosopher. He studied rhetoric under Cassius Longinus and philosophy under Plotinus. Copper-Gold Project in Peru with Anglo American Exploration Peru S.A. as well as the 100% owned Accha Zinc Project in Peru. The Company is also exploring for porphyry copper-gold in a large area of southwestern Yunnan Province, China under a Joint Venture with Newmont Overseas Exploration Limited. Statements in this release that are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Corporation's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward-looking statement. |
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