Columbia River Resources Inc. - Ayaco Drill Results.Business Editors 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)--May 29th, 2001 Columbia River Columbia River River, southwestern Canada and northwestern U.S. Rising in the Canadian Rockies, it flows through Washington state, entering the Pacific Ocean at Astoria, Ore.; it has a total length of 1,240 mi (2,000 km). Resources Inc. is pleased to report additional reverse circulation drill results from its Ayaco Gold Project located in the Republic of Ghana, West Africa West Africa A region of western Africa between the Sahara Desert and the Gulf of Guinea. It was largely controlled by colonial powers until the 20th century. West African adj. & n. . SUMMARY The 306.99 square kilometre Square kilometre (U.S. spelling: square kilometer), symbol km², is a decimal multiple of the SI unit of surface area, the square metre, one of the SI derived units. 1 km² is equal to:
 This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. Licence is 80% owned by Columbia River Resources Inc. and is located in the Brong Ahafo and Ashanti Regions Ashanti is an administrative region in central Ghana. Most of the region's inhabitants are Ashanti people, one of Ghana's major ethnic groups. Most of Ghana's cocoa is grown in Ashanti, and it is also a major site of Ghana's gold-mining industry. of Ghana, 380 kilometres northwest of the capital, Accra. The licence lies directly on-strike, 3 Km northeast of deposits held by Normandy Mining Ltd. and Moydow Mines International Ltd., which host an estimated gold resource of over 8.2 million ounces and represents West Africa's largest undeveloped gold project. Production facility construction on this resource is to begin by mid 2001. The Columbia River Resources holding is the only part of the 140 Km trend not controlled by Normandy. The gold is hosted by Birimian metasediments and granites and is structurally controlled by major northeast-southwest trending shears shears cutting instruments for the removal of wool—sheep shears, or for trimming the hooves of sheep and goats—hoof shears. hoof shears a rugged pair of shears like secateurs but with sharp-pointed blades. . This same 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. projects from the south to the northeast onto the Tanoso licence. The Phase II Exploration Program was designed to further define and test the area of 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. identified in Phase I. Phase II included soil sampling, regional and detailed silt sampling, pitting, 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 and rock sampling, ground magnetic surveying gradient gradient In mathematics, a differential operator applied to a three-dimensional vector-valued function to yield a vector whose three components are the partial derivatives of the function with respect to its three variables. The symbol for gradient is ∇. array IP surveying, real section IP surveying, trenching and 1,572m of RC drilling, at a cost of US$ 253,500 for a total expenditure to date of US$ 431,300. The 5000m program was interrupted in·ter·rupt v. in·ter·rupt·ed, in·ter·rupt·ing, in·ter·rupts v.tr. 1. To break the continuity or uniformity of: Rain interrupted our baseball game. 2. by the requirements under new environmental legislation which requirements have now been satisfied. The remaining 3500m of drilling is scheduled for completion at the end of the rainy rain·y adj. rain·i·er, rain·i·est Characterized by, full of, or bringing rain. rain  i·ness n.Adj. season. Phase II trench trench: see ocean. results for Area I include:
---------------------------------------------------------------
Location Maximum value
Trench (Line) Interval (m) Assay (g/t) (g/t over 1.0m)
===============================================================
5 12900E 34 0.66 25.91
incl. 15 1.11
---------------------------------------------------------------
6 13000E 21 1.08 10.68
incl. 11 1.88
---------------------------------------------------------------
7 13100E 5 0.87 2.97
---------------------------------------------------------------
8/3 13400E 27 0.36 3.66
---------------------------------------------------------------
Drill results for Area I over a strike length of 800 metres and
to a vertical depth of 75 metres include:
---------------------------------------------------------------
Maximum
value
(g/t
Drill Location From To Width Assay over
hole (Line) (m) (m) (m) (g/t) 2.0m)
---------------------------------------------------------------
AYRC-02 12800E 6 34 28 0.43 1.18
incl. 24 32 8 0.62
---------------------------------------------------------------
AYRC-03 12900E 27 55 28 0.88 6.38
incl. 31 55 24 0.99
---------------------------------------------------------------
AYRC-04 13000E 23 38 15 0.96 1.99
incl. 31 38 7 1.31
---------------------------------------------------------------
AYRC-09 13300E 50 76 26 0.21 0.58
---------------------------------------------------------------
AYRC-10 13400E 22 64 42 0.29 1.14
incl. 42 52 10 0.47
---------------------------------------------------------------
AYRC-14 13600E 0 12 12 0.56 1.50
incl. 0 6 6 0.83
---------------------------------------------------------------
AYRC-15 12900E 86 92 6 0.54 3.22
and 100 108 8 1.11
---------------------------------------------------------------
Additional values include:
-------------------------------------------
Location Maximum value
Drillhole (Line) (g/t over 2.0m)
-------------------------------------------
AYRC-05 13000E 1.04
-------------------------------------------
AYRC-06 13100E 1.13
-------------------------------------------
AYRC-13 13500E 3.42
-------------------------------------------
Drilling and trenching indicate continuous and open
mineralization over a strike of 800 metres in Area I. Wide zones
of gold mineralization are hosted in tourmalinised and pyritic
quartz-sericite schists and high-grade quartz veins.
A new discovery in Area I south is exposed in two trenches as
follows:
---------------------------------------------------------------
Maximum value
Location Interval (g/t
Trench (Line) (m) Assay (g/t) over 1.0m)
---------------------------------------------------------------
10 11600E 22 2.25 15.71
and 12 0.60
---------------------------------------------------------------
11 12100E 32 0.32 1.08
incl. 7.5 0.69
---------------------------------------------------------------
Trenching, geological/geochemical and 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. indicate continuous and open mineralization over a strike of 500 metres in Area I South. A Phase III Noun 1. phase III - a large clinical trial of a treatment or drug that in phase I and phase II has been shown to be efficacious with tolerable side effects; after successful conclusion of these clinical trials it will receive formal approval from the FDA work program of consisting of continued trenching and RC drilling in Area I, geological mapping, soil sampling, and silt sampling in Area II, and investigations into the new gold potential of Area IV is recommended at an estimated cost of US$ 225,000. Columbia River Resources Inc. is a Mineral Exploration & Development Company with project emphasis in Western Africa. ON BEHALF OF COLUMBIA RIVER RESOURCES INC. Robert Ferguson, President For further information contact: Robert Ferguson Columbia River Resources Inc. Suite 304 - 856 Homer Street Vancouver, British Columbia V6B 2W5 Tel: (604) 688-1163 Fax: (604) 688-6375 Website: www.columbiariver1.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion