Coronation Minerals Inc.: Press Release.TORONTO -- Coronation Minerals Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:CMV CMV cytomegalovirus. CMV abbr. 1. controlled mechanical ventilation 2. cytomegalovirus Cytomegalovirus (CMV) ) has received assay results of the last two holes of a seven-hole drill program on the Dot 47 copper-silver deposit in NW Nunavut. The assays are tabulated as follows:
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Hole Intercept From To Length Copper Silver
Number (m) (m) (m) (%) (g/t)
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2005-47-09 1 356.88 377.30 20.42 1.17 4.98
includes 361.13 363.84 2.71 2.36 8.58
includes 365.95 368.96 3.01 2.98 16.74
2 461.24 469.96 8.72 1.68 9.31
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2005-47-10 1 30.50 36.09 5.59 0.47 2.84
2 48.11 50.30 2.19 0.67 5.70
3 190.75 202.87 12.12 0.61 3.38
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Hole 47-09 is situated at the northeastern end of the study area, Hole 47-10 at the southwestern end. As reported previously (Press Release November 9, 2005), the length of the deposit so defined measures 660 metres and is traced along the regional northeasterly north·east·er·ly adj. 1. Situated toward the northeast. 2. Coming or being from the northeast. north·east striking Teshierpi Fault Zone. Two drill holes were also completed along the northwesterly north·west·er·ly adj. 1. Situated toward the northwest. 2. Coming or being from the northwest. north·west trending Strike Lake Fault on the company's North Claim Block, holes 2005-SL-01 and 02. The holes were sited in an area of numerous high grade copper and silver frost heave and glacial boulders. The holes did not intersect significant sulphide 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. , however extensive tectonic breccia breccia: see conglomerate. breccia Coarse sedimentary rock consisting of angular or nearly angular fragments larger than 0.08 in. (2 mm). Breccia commonly results from processes such as landslides or geologic faulting, in which rocks are fractured. and carbonate-epidote alteration with some minor veining vein·ing n. Distribution or arrangement of veins or veinlike markings. are noted indicating proximity to or within the trace of the Strike Lake Fault structure. This area represents a significant copper-silver target warranting additional exploration. The drilling program was carried out and reviewed under the direction of Mr. Neil Willoughby, a qualified person under the meaning of National Instrument 43-101. Mr. Willoughby has reviewed the exploration results contained in this news release. Drill core is split with half sent to Loring Laboratories of Calgary for analysis. 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 take respon sibility for the adequacy or accuracy of this release. Coronation Minerals Inc. (TSX VENTURE:CMV) |
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