Central Asia Announces Additional Results from the Southern Ashiktas Deposit, Kazakstan.TORONTO--(BUSINESS WIRE)--Sept. 24, 1996--CENTRAL ASIA Asia (ā`zhə), the world's largest continent, 17,139,000 sq mi (44,390,000 sq km), with about 3.3 billion people, nearly three fifths of the world's total population. (ME: CGZ CGZ.PR.A) Central Asia Goldfields n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. Corporation is pleased to announce additional encouraging results from the on-going drilling program on its 70 percent owned Ashiktas gold prospect located in central Kazakstan. Assay data received from the latest two holes, CA96-8 and CA96-9, located at the Southern Ashiktas prospect are listed below. The holes were completed to the east and west of a fence of 4 holes from the Soviet era (map available). These results, together with those released previously, confirm the strike and depth continuity of the zone. -0-
Southern Ashiktas, Kazakstan: Drill Assays
Latest Results --------------
Core Length Grade
-----------
From To (m) g Au/T
---- -- --- ------
CA96-8 28.6 49.8 21.2 2.2
103.3 116.3 13.0 6.5
CA96-9 142.3 194.5 52.2 2.7
including 184.8 192.2 7.4 5.3
Previous Drilling
-----------------
Core Grade
----
From To Length (m) g Au/T
---- -- ---------- ------
Soviet Holes ------------
C420 0 18 18.0 2.5
22 28 6.0 2.8
30 43 13.0 3.0
C426 0 40 40.0 1.5
C401 8 23 15.0 1.4
59 95 36.0 13.3
including 72 86 14.0 17.3
C419 114 128 14.0 1.9
C423 50 64.2 14.2 3.9
including 5.2 8.0
C427 70 76 6.0 6.9
Central Asia Holes ------------------ CA-4 148.0 154.8 6.8 2.5 CA-5 81.5 84.8 3.3 2.7
CA-7 71.0 95.8 24.8 1.4
including 6.8 2.0
5.1 4.2
Hole CA96-8, located 25 metres to the east of the 4-hole fence, undercut undercut, n 1. the portion of a tooth that lies between its height of contour and the gingivae, only if that portion is of less circumference than the height of contour. 2. two prior holes, (CA96-7 and C423) by 75 metres (see note below on cross-sectional map), doubling the depth of the known 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. . A prior hole, CA96-7, yielded a mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. interval averaging 1.4 g Au/T over a core length of 24.8 metres with higher grade intervals of 2 g Au/T over 6.8 metres and 4.2 g Au/T over 5.1 metres. C423 yielded 3.9 g Au/T over a core length of 14.2 metres (including 8 g Au/T over 5.2 metres). However, two additional zones of mineralization were intersected higher up in the hole. The first interval averaged 2.2 Au/T over 21 metres and appears to reflect the depth continuation of a separate mineralized interval previously located in a trench trench: see ocean. . The second interval averaged 6.5 g Au/T over 13 metres and could be a separate zone. Hole CA96-9 is located 40 metres the west of the 4-hole fence and undercut a zone of weak mineralization exposed in a trench. A wide mineralized intersection intersection /in·ter·sec·tion/ (-sek´shun) a site at which one structure crosses another. intersection a site at which one structure crosses another. was penetrated which returned values of 2.7 g Au/Tonne over a core length of 52.2 metres including a higher grade interval of 5.3 g Au/Tonne over 7.4 metres. Drilling continues on the Ashiktas prospect with two Soviet drills. Exploration is being carried out in the 700-800 metre metre In poetry, the rhythmic pattern of a poetic line. Various principles have been devised to organize poetic lines into rhythmic units. Quantitative verse, the metre of Classical Greek and Latin poetry, measures the length of time required to pronounce syllables, long area known as Southern Ashiktas, and also on a second separate area, Western Ashiktas, where similar geology geology, science of the earth's history, composition, and structure, and the associated processes. It draws upon chemistry, biology, physics, astronomy, and mathematics (notably statistics) for support of its formulations. has been identified. The two areas are on strike and separated by approximately 1 kilometre of untested ground. Both areas of interest are located along a 17 kilometre geochemically anomalous a·nom·a·lous adj. 1. Deviating from the normal or common order, form, or rule. 2. Equivocal, as in classification or nature. trend. Recent geophysical surveys Geophysical survey refers to the systematic collection of geophysical data for spatial studies. Geophysical surveys may use a great variety of sensing instruments, and data may be collected from above or below the Earth's surface or from aerial or marine platforms. have identified several drill targets along strike to the west and east. Central Asia's objective in the Ashiktas region is the delineation of a resource containing in excess of 1 million ounces of gold, suitable for open-pit mining Open-pit mining, also known as opencast mining, refers to a method of extracting rock or minerals from the earth by their removal from an open pit or borrow. and heap-leaching technologies. Drilling has identified an oxidized oxidized having been modified by the process of oxidation. oxidized cellulose see absorbable cellulose. cap locally, well in excess of 100 metres thick. In addition to drilling activity at Ashiktas, Central Asia has 8 drills operating on 6 separate prospects within its extensive 12.5 million acre exploration licenses. The Company's news releases and cross-sectional map are now available through Canadian Corporate News' Internet Home Page: http://www.cdn-news.com There is a cross-sectional map available by contacting the company at the number above. CONTACT: Central Asia Goldfields Corporation Ken Webb, 416/867-2936 www.griffisint.com (website) |
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