Columbia Metals Corporation Limited: Update on P11 Colorado Project.TORONTO -- Columbia Metals Corporation Limited (the "Company") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:COL col (kol) a depression in the interdental tissues just below the interproximal contact area, connecting the buccal and lingual papillae. col n. ) is pleased to provide an update on progress at its P11 Colorado project ("P11 Colorado"). A National Instrument 43-101 compliant report has been completed by S. Sears, P. Geol., and the report has been filed on SEDAR SEDAR System for Electronic Document Analysis and Retrieval SEDAR Southeast Data, Assessment, and Review and will also be available on the Company's website. Following the acquisition of the P11 Colorado Property, the Company's Mexican Mexican named after or originating in Mexico. Mexican axolotl see ambystomamexicanum. Mexican beaded lizard (Heloderma horridum geologists A geologist is a contributor to the science of geology. Geologists are also known as earth scientists or geoscientists. The following is a list of famous or notable geologists. , who, for the purposes of National Instrument 43-101 are not Qualified Persons, (they are graduate geologists), carried out a program of boot and hammer prospecting and reconnaissance  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. 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. mapping. The prospecting program continued to return anomalous a·nom·a·lous adj. 1. Deviating from the normal or common order, form, or rule. 2. Equivocal, as in classification or nature. gold, silver and base metal values from andesitic and rhyolitic rocks and a calc-silicate skarn skarn In geology, a metamorphic zone developed in the contact area around igneous rock intrusions when carbonate sedimentary rocks are invaded by and replaced with chemical elements that originate from the igneous rock mass nearby. zone. Three additional claim blocks, two partially internal to the Company's main claim, were purchased and a third block, east of the main block, was purchased as was a fourth block contiguous Adjacent or touching. Contrast with fragmentation. See contiguous file. to the western boundary of the main block to cover anomalous features discovered as a result of the reconnaissance mapping and prospecting. Two further claim blocks were acquired by staking. The first is located south of the main block and the second is located to the west of the main block. The Company's land holdings now consist of seven claim blocks, 3 claim blocks acquired by staking and four smaller blocks acquired by purchase. Total project holdings amount to 1,638 hectares.
Table 1 - List of Claim, P 11 Colorado Project
--------------------------------------------------------------
Claims # Name Hectares Status
--------------------------------------------------------------
E82/28851 Pescadero 11 580.0000 Wholly owned
--------------------------------------------------------------
E82/28976 Pescadero 1 235.0000 Wholly owned
--------------------------------------------------------------
E82/27818 El Llano 74.1712 Wholly owned
--------------------------------------------------------------
E82/28263 El Gato 30.0000 Wholly owned
--------------------------------------------------------------
E82/27010 El Yukon 100.0000 Wholly owned
--------------------------------------------------------------
E82/28883 Luis 570.0000 Wholly owned
--------------------------------------------------------------
E82/28021 Zinc 49.0000 Wholly owned
--------------------------------------------------------------
Total: 7 claims totalling approximately 1,638.0000 ha
S. Sears, P. Geol. visited the property, re-sampled some of the
sites previously sampled by the Company personnel and confirmed the
anomalous nature of the sulphide occurrences on the Company's claims.
He recommended systematic reconnaissance mapping, geochemical soil
sampling, and outcrop sampling along 500 metre spaced lines.
Table 2 - Sample Descriptions and Summary Results
---------------------------------------------------------------------
Zone Bag Au Ag Pb% Zn% Cu% Description
ID (g/t) (g/t) (greater
than
0.1)
---------------------------------------------------------------------
Zinc Skarn 31875 0.23 207 3.41 6.27 0.13 Zinc
mineralization
from pile #1
---------------------------------------------------------------------
31876 0.18 183 1.41 greater N/A Honey zinc and
than galena from
30 pile #2
---------------------------------------------------------------------
31877 0.15 56.4 0.88 greater N/A High coloured,
than high grade
30 zinc from pile
#2
---------------------------------------------------------------------
31878 0.01 1.7 0.01 0.37 N/A Chips from,
adit
(gossanous)
---------------------------------------------------------------------
31879 0.13 55.3 0.73 2.08 0.47 Siliceous
footwall pit
south of
monument
---------------------------------------------------------------------
Creek Zone 31880 0.01 1 N/A 0.05 N/A Sample #2 of
PII Colorado
zone: altered
porphyritic
andesite with
Po, Py and Cpy
---------------------------------------------------------------------
31881 0.01 2.2 N/A 0.06 N/A 17 g/t zone,
PII Colorado
(chip sample)
---------------------------------------------------------------------
31882 0.01 0.9 N/A 0.01 N/A Dam site;
sulphides in
fractured,
altered
porphyritic
andesite
---------------------------------------------------------------------
31884 trace 0.8 N/A 0.01 N/A Boulder
altered
andesite
porphyry with
Py, Po, Cpy
---------------------------------------------------------------------
31885 0.01 0.8 N/A N/A N/A Dam site chip
sample (down
stream)
---------------------------------------------------------------------
31886 trace 0.6 N/A N/A N/A Altered
porphyry at
dyke site
---------------------------------------------------------------------
31887 trace trace N/A N/A N/A Siliceous fine
grain dyke
(aplite)
---------------------------------------------------------------------
31888 4.13 2.3 N/A 0.013 0.13 Old gossan pit
NE end
---------------------------------------------------------------------
Pyrrhotite 31889 0.31 1.3 N/A 0.07 N/A Gossan breccia
old trench
near
pyrrhotite
skarn zone
---------------------------------------------------------------------
Skarn 31890 0.03 0.2 N/A 0.02 N/A Hydrothermal
vein near
pyrrhotite
skarn zone
---------------------------------------------------------------------
31891 0.05 1 N/A N/A N/A Main showing;
pyrrhotite
skarn
---------------------------------------------------------------------
31892 0.03 1.3 N/A N/A N/A Main showing;
pyrrhotite
skarn
---------------------------------------------------------------------
31893 0.01 0.3 N/A N/A N/A Skarn (between
skarn &
molybdenite
pit); calcic,
minor Py
---------------------------------------------------------------------
Llano 11 32029 0.11 2.7 N/A N/A N/A Top of hill
3x5 pit, chip
across 3m, Cu
staining
(malachite),
sheared,
fractured, SSE
trenching
shear
(613180E319
8567N)
---------------------------------------------------------------------
32031 0.03 2.2 N/A N/A N/A Red gossanous
rock, calcite,
red oxide
(boulder)
(613718E319
8538N)
---------------------------------------------------------------------
32032 nil 0.5 N/A N/A N/A Pyrite zone
chip
representing
5m wide zone;
pyrite,
silica, felsic
volcanic
---------------------------------------------------------------------
32033 nil 0.2 N/A N/A N/A Grab sample
from 10m North
of 32032,
pyrite, silica
in felsic
volcanic
---------------------------------------------------------------------
32034 nil 0.3 N/A N/A N/A Grabs from
small
fragments of
"hydrothermal
quartz"
---------------------------------------------------------------------
32035 0.01 0.3 N/A N/A N/A Boulder of
silicified
porphyritic
andesite
(613248E319
8804N)
---------------------------------------------------------------------
Subsequently, S. Sears re-visited the property and produced a NI-43-101 compliant report which has been SEDAR filed and will be posted to the company's website. Excerpts from the Sears Report are found below: "The P11 Property of Columbia Metals Corp. Limited is located within a north west trending belt of Cenozoic aged volcanic rocks rocks which have been produced from the discharges of volcanic matter, as the various kinds of basalt, trachyte, scoria, obsidian, etc., whether compact, scoriaceous, or vitreous. See also: Volcanic emplaced within an older sequence of carbonates, calcareous calcareous /cal·car·e·ous/ (kal-kar´e-us) pertaining to or containing lime; chalky. cal·car·e·ous adj. sediments and granite granite, coarse-grained igneous rock of even texture and light color, composed chiefly of quartz and feldspars. It usually contains small quantities of mica or hornblende, and minor accessory minerals may be present. rocks. The belt occurs on the extreme western side of the Sierra Madre Occidental Sierra Madre Oc·ci·den·tal A mountain range of northwest Mexico running parallel to the Pacific coastline and adjoining the Mexican plateau. It extends for about 1,609 km (1,000 mi) southward from the border of Arizona. Noun 1. mountain range in the eastern part of the State of Sonora, Mexico. Twenty four (24) rock samples were collected during a site visit to the property in June of 2004. Assay results from these samples confirm the presence of gold, silver, zinc zinc, metallic chemical element; symbol Zn; at. no. 30; at. wt. 65.38; m.p. 419.58°C;; b.p. 907°C;; sp. gr. 7.133 at 25°C;; valence +2. Zinc is a lustrous bluish-white metal. It is found in Group 12 of the periodic table. and lead in three target areas.Five samples from one of these zones, referred to as the "Zinc Zone" contained zinc assays ranging from 0.37% Zn to greater than 30% Zn (beyond the upper detection limit of the analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. method used). These samples also contained silver (from 1.7 to 207 g/t), lead (0.01 to 3.41%) and gold (0.005 to 0.233 g/t). One of five samples from a second skarn zone the "Pyrrhotite pyrrhotite (pĭr`ətīt) or magnetic pyrites, bronze-yellow to bronze-red mineral, a sulfide of iron sometimes containing nickel. It tarnishes easily and is somewhat magnetic. Skarn" contained 0.306 g/t gold. Eight samples from an altered, brecciated brec·ci·ate tr.v. brec·ci·at·ed, brec·ci·at·ing, brec·ci·ates To form (rock) into breccia. brec and sulphide sulphide: see sulfide. rich porphyritic por·phy·rit·ic also por·phy·rit·i·cal adj. 1. Of or containing porphyry. 2. Containing relatively large isolated crystals in a mass of fine texture. Adj. 1. andesite andesite Any member of a large family of rocks that occur in most of the world's volcanic areas, mainly as surface deposits and to a lesser extent as dikes and small plugs. referred to as "Creek Zone contained from trace to 4.13 g/t gold. Earlier sampling by staff of the Columbia Metals' Mexican subsidiary had returned gold values from trace to 11.7 g/t gold. A detailed sampling program is required on this prospect to determine the true gold values associated with this extensive sulphide-bearing zone. The P11 Colorado Property has excellent potential for skarn hosted zinc-lead-silver-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. , volcanogenic vol·ca·no·gen·ic adj. Of volcanic origin. massive sulphides, and gold mineralization in altered and brecciated andesite. A multi-phased exploration program is highly recommended on the property. The first phase, estimated to cost$189,000, should involve geological mapping, rock and soil geochemical sampling and ground 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. .The second phase involving an airborne airborne /air·borne/ (ar´born) suspended in, transported by, or spread by air. airborne, adj carried through the air. In health care settings, viruses or bacteria may become airborne, e.g. geophysical survey, stripping and diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral estimated to cost $269,000 should be contingent upon Adj. 1. contingent upon - determined by conditions or circumstances that follow; "arms sales contingent on the approval of congress" contingent on, dependant on, dependant upon, dependent on, dependent upon, depending on, contingent the successful completion of Phase I.Additional drilling and more advanced exploration work will be required if the results from the first two phases are positive." All of the samples were collected by S. Sears or, when assisted, under his direct supervision. Once collected (in security sealed bags), the samples were driven in the same vehicle as Sears and locked in Sears's motel room until delivery to the laboratory. The samples were personally delivered to the ALS Als (äls), Ger. Alsen, island, 121 sq mi (313 sq km), Sønderjylland co., S Denmark, in the Lille Bælt, separated from the mainland by the narrow Alensund. Chemex Laboratory in Hermosillo, Mexico a sample preparation facility, by Sears. The prepared samples were sent to the ALS Chemex Laboratory in Vancouver, B.C. for analysis. ALS Chemex has an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9002 registration at all of its North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. Laboratories and is a leader and active participant in the Assayer Certification Program in British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography (Canada). Gold values were determined by a standard fire assay technique using a 30 gram sample aliquot aliquot (al-ee-kwoh) adj. a definite fractional share, usually applied when dividing and distributing a dead person's estate or trust assets. (See: share) with an ICP (1) (Internet Cache Protocol) A protocol used by one proxy server to query another for a cached Web page without having to go to the Internet to retrieve it. See CARP and proxy server. finish. In addition to the ALS Chemex "in house" quality controls, four (4) certified See certification. gold standards were inserted amongst the 48 samples that were submitted for analysis. Complete details of analytical methods used and assay checks against certified standards are available in the Sears report. In keeping with the above recommendations geological and geochemical surveys have been implemented, the results of which will be available shortly and reported on immediately thereafter. This news release was prepared by J. E. Steers, P. Eng P. ENG Professional Engineer P. ENG process engineer ., V.P. Exploration, QP and reviewed by S. Sears, P. Geol., QP. Shares Outstanding: 33,432,077 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. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. COLUMBIA METALS CORPORATION LIMITED (TSX VENTURE:COL) |
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