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 Gold Corporation (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). CAT.)--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 9.22 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 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. 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. 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:
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. R. Michael Jones Mike or Michael Jones may refer to: In sports:
CONTACT: Cathedral Gold Corporation R. Michael Jones, 604/684-4659 |
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