Consolidated Gold Hawk Resources Inc. New Gold Discoveries in Abitibi.MONTREAL, Quebec--(BUSINESS WIRE)--Aug. 15, 1997-- (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). CGK CGK Jakarta, Indonesia - Soekarno Hatta International (Airport Code; aka Cenkareng) .) Consolidated Gold Hawk Resources Inc. is pleased to announce that three of its five exploratory holes recently drilled on its wholly owned Barry-Souart property located east of Lebel-sur-Quevillon, Quebec have intersected gold values in altered, silicified 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 lightly sulphide 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. zones contained within a dioritic di·o·rite n. Any of various dark, granite-textured, crystalline rocks rich in plagioclase and having little quartz. [French, from Greek diorizein, to distinguish : dia-, and quartz feldspar feldspar (fĕl`spär, fĕld`–) or felspar (fĕl`spär), an abundant group of rock-forming minerals which constitute 60% of the earth's crust. porphyry Porphyry, Greek scholar Porphyry (pôr`fĭrē), c.232–c.304, Greek scholar and Neoplatonic philosopher. He studied rhetoric under Cassius Longinus and philosophy under Plotinus. . The property has never been drill tested before and the program was intended to check magnetic and I.P. anamolies. The discovery hole, hole 9097-02 returned 6.0 g Au/tonne over a width of 6.7 meters or 0.175 oz Au/ton over 22 feet from 169.10 to 175.8 meters. Two other gold intersections were located higher up in the same hole. - 1.1 g Au/tonne over 2.5 meters (85-87.5 m) and - 1.4 g Au/tonne over 9.9 meters (104.10 - 114.0 m) Gold values were also encountered in the two other holes located on parallel structures. They are: -0-
- Hole 9097-01: -1.5 g Au/tonne over 6.0 m, (134.5 to 140.5 m)
-0.6 g Au/tonne over 5.8 m, (181.6 to 187.4 m)
- Hole 9097-03: -1.9 g Au/tonne over 5.8 m, (26.7 to 30.0 m)
- Hole 9097-04
& 9097-05: -were drilled on separate targets but failed to
return gold values.
- All holes were drilled at a 50 degres to 60 degres angle to the
N.W.
- All samples analyzed by fire assay.
The company is preparing a follow-up program intended to better understand the behaviour and the extent of the gold bearing horizons. CONTACT: Consolidated Gold Hawk Resources Inc. Jean Depatie, 514/ 878-3551 514/ 878-4427 (FAX) or Consolidated Gold Hawk Resources Inc. Mackenzie I. Watson, 514/ 878-3551 514/ 878-4427 (FAX) |
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