CORRECTION FROM SOURCE: Mirabel Resources Received the Technical Report for `Courville-Maruska' Narrow Vein Gold Property.Business Editors MONTREAL--(BUSINESS WIRE)--Jan. 26, 2004 In the press release transmitted this morning an error occurred. Throughout the text, the word "centimeter" should have been "meter." The complete and corrected version follows. Mr Normand Allen, Mirabel's president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , is pleased to announce that Mirabel Resources Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:RMB RMB Right Mouse Button RMB Regional Management Board (USACE) RMB Rolf Maier Bode (musician, band) RMB Ren Min Bi (currency of People's Republic of China) ) has received the technical report for the Courville-Maruska Property. The property is comprised of twenty (23) mining claims covering an area of approximately 920 hectares and located on a gold-bearing quartz vein system. It is located in Courville township, approximately 32 Km (20 miles) North-East of Val-d'Or, Quebec Val-d'Or is a city in Quebec, Canada with a population of 32,288 (2006). It is located in the Abitibi-Témiscamingue region near the Vérendrye provincial nature reserve. Gold was discovered in the area in 1923. The name of the town is French for "Valley of Gold. and 16 Km (10 miles) from Barraute, Quebec. The acquisition agreement was signed on Dec. 12, 2003, in consideration of 350,000 shares of Mirabel and a Net Smelter Returns ("NSR NSR abbr. normal sinus rhythm NSR Normal sinus rhythm, see there ") royalty interest royalty interest The proportional ownership interest by the owner of oil and gas rights in income produced by the asset. See also overriding royalty interest. of 1.5%. The technical report following the NI43-101 norm was prepared by Mr. Richard Roy
Richard Roy is a director, actor and screenwriter. Filmography Director
Mr. Edward Maruska made the initial discovery in 1989 on the only outcrop available in the area. The stripping, blasting of outcrop and sampling that ensued returned gold values as high as 62,70, 107,2 and 241,8g/t from a series of 70 selected grab samples which all ran above anomalous. In 1996, a 24-hole diamond drilling program was conducted on the property and helped establishing the continuity at depth and laterally of the main occurrence ranging between 3.07g/t (over 0,91m (3 feet) in hole CM96/05) and 154,6g/t (over 0,30m (1 foot) in hole CM96/25). Some further 6 holes were drilled to test an East- West trending EM conductor to the North of the Maruska showing and resulted in the discovery of a new quartz-vein system with grades between 3,23g/t (over 0,91m (3 feet) in hole CM96/13) and 6,67g/t (over 0,92m (3 feet) in hole CM96/12). Mirabel is very pleased with this most recent acquisition that meet the criteria for selective extraction using the Rocmec technology. Mirabel Resources Inc. is a junior mining exploration company listed on the TSX-V whose primary objective is to develop and bring into production viable gold deposits. Antoine Fournier. P. Geo. M.Sc., director of the company and qualified person under the NI43-101 has read and reviewed this press release. Neither 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. Inc. nor any other regulatory authorities accept responsibility for the adequacy or accuracy of this news release. |
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