Committee Bay Resources Ltd.: New Reconnaissance High Grade Gold Intersections at West Plains.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 -- DH 5WP004 intercepts 6.04 g/t Au over a length of 36.77m Including 14.76 g/t Au over a length of 8.73m and 25.33 g/t Au over a length of 3.07m 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 high grade intersections at the Lowlands showing within the West Plains area in the southwestern portion of the Committee Bay project. The last hole of a four hole reconnaissance drill program has confirmed the high grade gold identified in surface outcrop and airborne EM anomaly with a broad intercept of 6.04 g/t Au over a length of 36.77m containing two separate high grade intervals of 25.3 g/t Au over 3.07m and 13.39 g/t Au over 3.04m. Drilling at West Plains is part of a program to evaluate high grade surface showings along the Committee Bay belt and includes drill programs at Raven, Anuri, Antler antler: see horn. and Three Bluffs. At the West Plains area surface mapping and airborne geophysics has identified a series of north northeast-trending iron formations that extend for a combined 8km. Along the western-most iron formation trend surface sampling of outcrop produced grades of 18.65 g/t Au and 11.99 g/t Au and an additional 8 samples over 5 g/t Au based on 165 samples. Outcrop along a strike length of over 500m is characterized by local intense 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. and sulphidation of silicate silicate, chemical compound containing silicon, oxygen, and one or more metals, e.g., aluminum, barium, beryllium, calcium, iron, magnesium, manganese, potassium, sodium, or zirconium. Silicates may be considered chemically as salts of the various silicic acids. and lesser oxide iron formation with a series of strong, coincident EM anomalies. This iron formation converges with a thicker iron formation to the south and coincides at that junction with a regional shear zone. The first two drill holes in the West Plains area (5WP001 and 5WP002) are located at the northeast extent of a 3km long EM geophysical anomaly. Both holes intersected a thick silicate iron formation with patches of 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. that corresponds to low grade gold values. The Lowlands showing (Drillhole 5WP004) is located 1.2km southwest of those holes and intersected a 45m wide zone of silicate iron formation containing broad bands of semi-massive pyrrhotite cut by cm to m scale quartz veins. These veins are locally banded and contain up to 15% pyrrhotite. The high grade zones are silica flooded with fine grain pyrrhotite disseminated throughout.
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Length Gold Gold
Area Hole # From (m) To (m) (m) (g/t) (oz/t)
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West Plains 5WP001 70.44 71.85 1.41 0.3 0.01
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West Plains 5WP002 113.13 113.62 0.49 1.1 0.03
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West Plains 5WP003 no intercept
significant
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Lowlands 5WP004 28.81 65.58 36.77 6.04 0.18
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including 56.85 65.58 8.73 14.76 0.43
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LL-West Zone 5WP004 44.42 47.46 3.04 13.39 0.39
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LL-West Zone including 44.42 45.79 1.37 21.68 0.63
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LL- East Zone 5WP004 60.59 65.58 4.99 17.79 0.52
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LL- East Zone including 62.51 65.58 3.07 25.33 0.74
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The third hole (5WP003) evaluated a sub-parallel EM anomaly 500m west of holes 5WP001 and 5WP002 coincident with a sheared sheared adj. Shaped or finished by shearing, especially cut or trimmed to a uniform length: a sheared fur coat. Adj. 1. and altered sedimentary rock sedimentary rock: see rock; sediment. sedimentary rock Rock formed at or near the Earth's surface by the accumulation and lithification of fragments of preexisting rocks or by precipitation from solution at normal surface temperatures. containing pyrite pyrite (pī`rīt) or iron pyrites (pīrī`tēz, pə–, pī`rīts), pale brass-yellow mineral, the bisulfide of iron, FeS2. and arsenopyrite arsenopyrite (är'sĭnōpī`rīt, ärsĕn`ō–) or mispickel (mĭs`pĭkəl), silver-white to steel-gray mineral with the metallic luster characteristic of a pyrite. . Although surface sampling produced a grab sample Noun 1. grab sample - a single sample or measurement taken at a specific time or over as short a period as feasible sample - a small part of something intended as representative of the whole of 6.95 g/t Au the underlying drill intersection identified several areas of narrow quartz veins with up to 5% sulphides but had only anomalous gold values. Additional drilling to follow-up the high grade intersections at 5WP004 is being designed. CBR 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. The Committee Bay greenstone belt is 300 km long and is one of the longest and least explored greenstone belts in Canada. CBR holds greater than 1,620,000 acres of land with prospective geology in the Committee Bay area and controls 85% of the belt. 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 responsibility for the adequacy or accuracy of this release Committee Bay Resources Ltd. (TSX VENTURE:CBR) |
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