Canmex Minerals Corporation - El Limon Exploration Update.VANCOUVER, B.c.--(BUSINESS WIRE)--Feb. 15, 1996--CANMEX MINERALS CORP.(VSE See DOS/VSE. VSE - Virtual Storage Extended : CMX CMX Corel Presentation Exchange (file extension) CMX Cisco Mobile Exchange CMX Cloaca Maxima (sewage system of ancient Rome; Finnish rock band) CMX Crisis Management Exercise ) CANMEX MINERALS CORPORATION (the "Company") is pleased to announce that encouraging results from its recent work program have been received on its El Limon gold exploration project located in Sinaloa State, Mexico. Detailed geochemical sampling geared to the identification of potentially economic 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. have identified seven priority targets to date. Other areas of interest are also being examined. Drilling on at least one of these targets is scheduled to commence in March 1996. The sampling program recently completed at the Tesajera target area was conducted over a structurally controlled argillic altered cap of an epithermal gold system and encountered anomalous gold values extending 2 kilometres along the structure with a width averaging 250 metres. Reconnaissance survey samples consisting of grab, reconnaissance chip and continous chip samples, were taken from two independent vein structures that appear to intersect In a relational database, to match two files and produce a third file with records that are common in both. For example, intersecting an American file and a programmer file would yield American programmers. each other in an area of overburden o·ver·bur·den tr.v. o·ver·bur·dened, o·ver·bur·den·ing, o·ver·bur·dens 1. To burden with too much weight; overload. 2. To subject to an excessive burden or strain; overtax. n. 1. cover at the Copales target area. Initial assay results are as follows: -0-
Gold (g/tonne) Silver (g/tonne)
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Vein No. 1
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grab 8.21 102.5 ------------------------------------------------------------ Vein No. 2 ---------- dump 18.00 173.5 continuous chip (1.2 metres) 5.30 28.4 continuous chip (6 metres) 7.28 38.5 -------------------------------------------------------------0- The Company intends to carry out further sampling, mapping and trenching in the Tesajera and Copales areas. Road construction within the Project area has now been substantially completed providing access to most of the important parts of the property. A comprehensive program of sampling, mapping and trenching is now underway with an objective to identify areas with large tonnage potential amenable to open pit mining. 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. testing conducted by American Assay Labs has determined that the material in the El Limon area is readily amenable to cyanide cyanide (sī`ənīd'), chemical compound containing the cyano group, -CN. Cyanides are salts or esters of hydrogen cyanide (hydrocyanic acid, HCN) formed by replacing the hydrogen with a metal (e.g., sodium or potassium) or a radical (e.g. extraction. The Company is also pleased to announce that it has made application for concessions covering open ground to the north, west and south of the existing El Limon concessions. The Company is also in the process of concluding agreements to acquire additional concessions within the El Limon Project area, details of which will be disclosed shortly. The total area under the Company's control at El Limon now exceeds 20,000 hectares and covers the Las Ollitas District which hosted more than 20 former producing gold mines. At the Boleo Project, located in Baja California Baja California, state, Mexico Baja California (Span.: bä`hä kälēfōr`nyä), state (1990 pop. 1,660,855), 27,628 sq mi (71,576 sq km), NW Mexico, on the Baja California peninsula. Mexicali is the capital. , the Company is continuing with its 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. work program in preparation for drilling scheduled to commence in the second calendar quarter. The Company is pleased to announce that Mr. Peter Ronning, M.Sc., P.Eng. has joined the Company as Vice President, Exploration. Mr. Ronning has 25 years of experience in mineral exploration, including several years experience with Latin American projects. Mr. Ronning will oversee the Company's exploration projects from the its bases in Santa Rosalia Saint Rosalia (d. 1166 AD) is the patron saint of Palermo, Sicily, (Italy) and El Hatillo, Miranda (Venezuela). According to legend Rosalia was born in 1130 of a Norman noble family that claimed descent from Charlemagne. and Mazatlan. ON BEHALF OF THE BOARD Lawrence Roulston President CONTACT: Canmex Minerals Corporation Lawrence Roulston President 604/689-7842 604/689-4250 (Fax) |
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