Consolidated Magna - Strong Airborne Geophysical Anomalies Identified at Tasialuk North Property, Adjoining the Dentonia Discovery.VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 12, 1995-- Consolidated Magna Ventures Ltd. (VSE See DOS/VSE. VSE - Virtual Storage Extended :CMV CMV cytomegalovirus. CMV abbr. 1. controlled mechanical ventilation 2. cytomegalovirus Cytomegalovirus (CMV) ) 50 percent and Econ Ventures Ltd. (EOV EOV End Of Volume EOV Emergency Operations Vehicle EOV Electrically Operated Valve EOV Economic Order Van EOV Employee-Owned Vehicle EOV Enxebre Orde da Vieira (Madrid, Spain) .VSE) 50 percent have identified three areas of coincident airborne magnetic and electromagnetic anomalies at their Tasialuk North property, located 70 Km. northwest of Voisey Bay, Labrador. The primary airborne geophysical target (Anomaly X) lies in the northernmost part of the property. Four moderate airborne electromagnetic anomalies straddle a strong north-trending magnetic high that transects the claims. Dentonia, Dragoon dragoon In late 16th-century Europe, a mounted soldier who fought as a light cavalryman on attack and as a dismounted infantryman on defense. The term derived from his weapon, a short musket called the dragoon. and Consolidated Brenzac recently announced the discovery of significant sulfide zones in their first two drill holes on the neighboring property only 1 to 2 Km. to the north along strike. A secondary airborne magnetic-electromagnetic anomaly (Anomaly Y) trends from the northwest property boundary easterly to intersect Anomaly X at its most southerly point. This east-trending magnetic high is marked by seven moderate to strong airborne conductors. Both Anomalies X and Y can be interpreted as possible basic dikes, 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. with sulfides, cross-cutting the Nain Plutonic plu·ton·ic adj. Of deep igneous or magmatic origin: plutonic rocks. [From Latin Pl Complex "granites". Two lake sediment sample sites immediately west and east of Anomalies X and Y returned highly anomalous Ni-Cu-Co values in the regional geochemical survey of Labrador, confirming that Anomalies X and Y also appear to be a local source of metals. Anomaly Z, located in the southwest part of the property, consists of more than 20 weak to moderate electromagnetic conductors trending northwest parallel to the assumed contact of the NPC 1. (complexity) NPC - NP-complete. 2. (architecture) NPC - Next Program Counter. "granites" with the surrounding Tasiuyak and Churchill gneisses. This airborne anomaly is considered to be a tertiary target possibly related to weak magnetic and conductive zones within the gneisses. A detailed ground geophysical and prospecting program has been recommended to advance the property to the drilling stage. Consolidated Magna Ventures Ltd. is a growth-oriented mineral exploration company listed on the Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). (Symbol- CMV.VSE). The Company holds options on 630 claims comprising 8 properties in the Voisey Bay area and a further 1246 claims in six properties near Goose Bay, Labrador. -0- NOTE: Location map available from the Company at the phone number listed above. -0- THE VANCOUVER STOCK EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE CONTENTS OF THIS NEWS RELEASE WHICH WAS PREPARED SOLELY AT THE DISCRETION OF MANAGEMENT. CONTACT: Consolidated Magna Ventures Ltd. Clayten Vance, 604/685-9700 or 800/460-0535 |
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