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Cathedral Gold Corp. corrects... Correction from source: Cathedral Gold additional drilling results from Porcher Island Project, British Columbia.


VANCOUVER Vancouver, city, Canada
Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border.
, BRITISH COLUMBIA--(BUSINESS WIRE)--April 23, 1997-- Cathedral cathedral, church in which a bishop presides. The designation is not dependent on the size or magnificence of a church edifice, but is entirely a matter of its assignment as the church in which the bishop shall officiate.  Gold Corp. (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
 CAT.)

Correction CORRECTION,punishment. Chastisement by one having authority of a person who has committed some offence, for the purpose of bringing him to legal subjection.
     2. It is chiefly exercised in a parental manner, by parents, or those who are placed in loco parentis.
 from source: In the news release transmitted earlier today (April 23, 1997) for CATHEDRAL GOLD CORPORATION, an error occurred in the first table. For drill hole 97-105, interval 106.38-106.59, in AU (oz/ton) column, it should have read 0.22, not 9.22.

The complete and corrected version follows:

Additional assay ASSAY. A chemical examination of metals, by which the quantity of valuable or precious metal contained in any mineral or metallic mixture is ascertained. 2. By the acts of Congress of March 3, 1823, 3 Story's L. U. S. 1924; of June 25, 1834, 4 Shars. cont. Story's L. U. S.  results have been received from the 1996 and 1997 core drilling program carried out by Porcher Island Porcher Island is an island in the Hecate Strait, British Columbia, Canada. It has an area of 522 km².

Coordinates:

Geography
With an area of 200 square miles, Porcher Island
 Gold Corporation on the Porcher Island gold project, and these results indicate further potential for adding to reserves outside the established reserves at the AT Zone. Porcher Island Gold Corporation has completed 3,486 metres (11,435 feet) of drilling in 22 holes.

Assay results for the following new significant gold intercepts have recently been received: -0-

DRILL    INTERVAL     WIDTH   WIDTH   AU      AU     ZONE
HOLE NO.  metres      metres  feet  (oz/ton) (g/t)

96-95   67.23-67.31    0.08   0.26   3.77    129.2
       193.84-194.25   0.41   1.34   0.98     33.67  60/70

97-105  23.54-23.67    0.13   0.43   0.78     26.81  60/70
        83.71-84.43    0.72   2.36   0.11      3.60
       106.38-106.59   0.21   0.69   0.22      7.63

97-106  13.96-19.20    5.24  17.2    0.27      9.31  60/70
Incl.   13.96-14.20    0.24   0.79   5.41    185.55
Incl.   19.14-19.20    0.06   0.20   1.89     65.01

97-107  32.71-36.26    3.55  11.6    0.10      3.57  Slope
Incl.   35.76-36.26    0.50   1.64   0.97     33.33

97-108  95.03-96.05    1.02   3.35   0.22      7.51  AT SW
        46.38-46.53    0.15   0.49   3.00    103.15

97-109  40.27-45.58    5.31  17.4    0.03      1.01  AT SW

97-110  65.30-68.53    3.23  10.6    0.04      1.48  AT SW




These results, combined with the previously released drill results (released February February: see month.  13, 1997) shown below, indicate significant potential outside of the AT Zone where Cathedral has established a geological ge·ol·o·gy  
n. pl. ge·ol·o·gies
1. The scientific study of the origin, history, and structure of the earth.

2. The structure of a specific region of the earth's crust.

3. A book on geology.
 resource of 1,500,000 tons (Transparent Optical Networking Services) A marketing term for providing dark fiber to a customer. The customer is responsible for generating the transmission signal and interpreting it at the other end. See dark fiber.  grading 0.2 ounces gold per ton.

Holes 93, 94, and 105, 106 on the 60/70 Zone are of particular interest since they are well outside the AT Zone and are located along the existing underground adit, and may extend to surface. Potential for open pit resources in this area has not been previously investigated.

The significance of the three holes in the AT SW Zone is that they were drilled on a previously unrecognized, fault-offset extension of the AT Zone. Two of the three holes contained narrow vein intercepts grading over 1 oz/ton gold, typical of the AT Zone. More drilling is required there. -0-

DRILL    INTERVAL     WIDTH   WIDTH   AU      AU     ZONE
HOLE NO.  metres      metres  feet  (oz/ton) (g/t)

96-93   75.05-85.11   10.06    33.0   0.15    5.06   60/70
incl.   75.05-75.19    0.14     0.5   4.23  144.85
incl.   75.05-77.69    2.64     8.7   0.46   15.87

96-94   94.93-109.77  14.84    48.7   0.11    3.87   60/70
incl.   94.93-95.32    0.39     1.3   4.11  140.72

96-97   71.19-71.31    0.12     0.4   0.37   12.79  AT West
96-97  134.58-134.77   0.19     0.6   0.27    9.12
96-97  138.81-138.98   0.17     0.6   0.74   25.17
96-98   26.83-27.27    0.44     1.4   0.31   10.59  AT West
96-98   30.69-30.95    0.26     0.9   0.15    5.21
96-101  96.57-97.53    0.96     3.2   0.23    8.03   Slope

96-102 118.18-118.98   0.80     2.6   0.64   21.75   Slope
96-102 126.10-126.49   0.39     1.28  0.35   12.10




The Porcher Island project is located 40 kilometers southwest Southwest or south west is the ordinal direction halfway between south and west, the opposite of northeast.

Southwest or south west may also refer to:
  • The Southwestern United States
  • Southwest China
 of Prince Rupert, British Columbia For other uses, see Prince Rupert (disambiguation).

Prince Rupert is a port city in the province of British Columbia, Canada. It is the land, air, and water transportation hub of British Columbia's north coast, and home to some 12,815 people (Statistics Canada, 2006).
. Significant development work including underground access to the AT Zone, underground development testing of reserve continuity and bulk sampling of underground reserves has been completed by Cathedral.

Total expenditures by Porcher Island Gold on the project to date are over $1,000,000. Porcher Island Gold Corporation can earn a 65 percent interest in the Porcher Island Property from Cathedral Gold Corporation (CAT - TSE) by completing $2 million in expenditures and making cash payments of $175,000 over four years. The Porcher Island Gold program has expanded the potential of the property. Further drilling during 1997 is recommended.

CONTACT: Cathedral Gold Corp., Vancouver

R. Michael Jones Mike or Michael Jones may refer to:

In sports:
  • Michael Jones (footballer) (born 1987), English footballer
  • Michael Niko Jones (born 1965), rugby union player and coach
  • Mike Jones (linebacker) (born 1965), American football player
, 604/684-4659
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Correction Notice
Date:Apr 23, 1997
Words:781
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