Committee Bay Resources Ltd.: Advances at the Anuri-Muskox Prospects.VANCOUVER, 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 -- Committee Bay Resources Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:CBR (1) (Computer-Based Reference) Reference materials accessible by computer in order to help people do their jobs quicker. For example, this database on disk! (2) (Constant Bit Rate) A uniform transmission rate. ) is pleased to announce the advancement of the Anuri area at the Committee Bay project. During spring and summer 2005, 1,450 line-km of airborne magnetic and electromagnetic geophysical surveying, in conjunction with detailed geological mapping, prospecting and rock sampling has delineated four spatially separate gold occurrences along the contact between komatiites and mafic volcanic rocks. These occurrences include the Anuri, Anuri East, Anuri Lakes and Muskox musk·ox or musk ox n. pl. musk·ox·en A large, stocky, oxlike bovid (Ovibos moschatus) native to the coastal regions of northern Canada and Greenland, having broad flat horns with curved tips and a long, shaggy, brown or . Initial sampling at Anuri, produced high-grade gold and silver values of 291.2 g/t Au and 1,769.0 g/t Ag. These early samples were from within a north northwest trending boulder train of altered volcanic rocks. In 2005 a total of 423 rock samples were collected at Anuri from the boulder train and from sparse outcrop. These samples returned assay results up to a maximum of 20.68g/t Au and 33 were grater than 2 g/t Au and 14 were greater than 5 g/t Au. Geological mapping in conjunction with airborne and ground geophysical surveying at Anuri indicates that the rocks are at or near one or more structural breaks. Due to poor ground conditions drilling was unable to reach and drill through the complete sequence of komatiite Komatiites are ultramafic mantle-derived volcanic rocks. They have low SiO2, low K2O, low Al2O3, and high to extremely high MgO. Komatiites were named for their type locality along the Komati River in South Africa. and altered volcanics. However, lower grade gold and silver with elevated copper-bismuth zinc-lead and cadmium 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. was intersected in two holes. Additional drilling will be conducted in 2006 with a drill capable of drilling through thick overburden. Anuri East Seven samples of altered volcanic rocks were collected from the Anuri East area located approximately 1.5km east of the main Anuri area. Of these samples, two assayed in excess of 1g/t Au with a maximum of 4.65g/t Au. Anuri Lakes Eleven samples of quartz-veined intrusive rocks were collected from the Anuri Lakes area located approximately 2km east of the Anuri area. Of these samples, five assayed in excess of 1g/t Au, two assayed in excess of 2g/t Au and a maximum assay of 5.79g/t Au was achieved. Muskox Area The Muskox occurrence is 4.5-5km northeast of Anuri. Of the ten samples taken in altered volcanic rocks and iron formation six graded over 1 g/t Au with one samples up to 3.84g/t Au. The Anuri-Muskox area comprises over 6,000 acres of prospective geology characterized by extensive zones of intense calc-silicate alteration, sulphidation and silicification si·lic·i·fy v. si·lic·i·fied, si·lic·i·fy·ing, si·lic·i·fies v.tr. To convert into or impregnate with silica. v.intr. To become converted into or impregnated with silica. . The pyrite-bearing mineralization appears structurally controlled within highly reactive rocks including widespread komatiites, komatiitic basalts and basalts. In addition the area lies immediately northeast of a large intrusive body (central tonalite Tonalite is an igneous, plutonic (intrusive) rock, of felsic composition, with phaneritic texture. Feldspar is present as plagioclase (typically oligoclase or andesine) with 10% or less alkali feldspar. Quartz is present as more than 20% of the rock. ) that predates the major deformation events in the area and has apparently acted as a buttress creating a 'pressure shadow' during deformation. It is likely that this 'pressure shadow' would have undergoing dilation dilation /di·la·tion/ (di-la´shun) 1. the act of dilating or stretching. 2. dilatation. di·la·tion n. 1. or 'opening' during deformation and is thus a highly prospective area for the introduction of potential gold-bearing fluids. This combination of structural dilation, geology and alteration is analogous to famous gold producing districts such as Red Lake, Ontario Red Lake is a municipality and census subdivision 535 km north-west of Thunder Bay, Ontario, Canada. The municipality consists of 6 small towns ( Balmertown, Cochenour, Madsen, McKenzie Island, Red Lake and Staratt-Olsen) and has a local population of approximately 8,500 people. . To view a map of the Anuri-Muskox area please click on the following link: http://www.ccnmatthews.com/docs/1115CBR_map.pdf Committee Bay Resources Ltd maintains an extensive quality control program in the preparation, shipping and checking of all samples from the property. The program is supervised by Dean McDonald, P.Geo. Ph.D., Vice President of the company, who is the Qualified Person as defined by NI 43-101. Committee Bay Resources Ltd. holds greater than 1.6 million acres of prospective ground in the Committee Bay greenstone belt. These results are part of the $C9.0 million exploration program spent with joint venture partner Gold Fields Limited on the Committee Bay project in 2005. On behalf of the Board COMMITTEE BAY RESOURCES LTD /s/ "John Williamson" P.Geol., President 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 resp onsibility for the adequacy or accuracy of this release Committee Bay Resources Ltd. (TSX VENTURE:CBR) |
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