Cream Minerals to Drill High-Grade Gold-Silver Fenix Property, Mexico.VANCOUVER, British Columbia -- Cream Minerals Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE: CMA CMA - Concert Multithread Architecture from DEC. )(OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CRMXF)("Cream") is pleased to advise that it has signed a three hole 600-metre contract to drill under the high-grade gold silver zone on the Fenix property, 60 km southeast of Tepic, in the state of Nayarit, Mexico. As reported in our news release of November 5, 2004, reopening of the old mine located an adit into a gently sloping hillside where sampling by Mr. Fred Holcapek, P.Eng., revealed a 96 meter long drift averaging as follows:
Width Gold Silver
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2.19 metres 11.838 g/t 1,482.51 g/t
which including a 46 meter long high-grade section averaging:
Sample Width Gold Silver
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#182691 to 182696 &
#182708 to 182709 1.60 m 39.73 g/t 4,783.25 g/t
It has been the Company's priority to determine more features of this high-grade zone through an early drilling program, but this was precluded by the present shortage of drill contractors. In the meantime Adv. 1. in the meantime - during the intervening time; "meanwhile I will not think about the problem"; "meantime he was attentive to his other interests"; "in the meantime the police were notified" meantime, meanwhile , prospecting has revealed many other old workings and mineral showings on the property which will require further investigation. This part of the 10,000 hectare Fenix property centres on two historic high-grade gold-silver mines separated by a distance of about 700 meters horizontally and 25 meters vertically. The workings appear to be centered on a fault-brecia zone having an average width of 1.80 meters within a 100 metre wide zone of 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 quartz stockwork. The wall rock is a bedded, silica flooded, rhyolite rhyolite, fine-grained light-colored acidic volcanic rock. Rhyolite is chemically the equivalent of granite, and is thus composed primarily of quartz and orthoclase feldspar with subordinate amounts of plagioclase feldspar, biotite mica, amphiboles, and pyroxenes. tuff, showing sericite and argillic alteration with some secondary feldspar feldspar (fĕl`spär, fĕld`–) or felspar (fĕl`spär), an abundant group of rock-forming minerals which constitute 60% of the earth's crust. . The original workings were accessed by shallow adits. The property is under the supervision of Mr. Ferdinand (Fred) Holcapek, P.Eng. Mr. Holcapek is the Company's "Qualified Person" for the purpose of National Instrument 43-101. For more information about Cream Minerals Ltd. and its mineral property interests, please see our website at www.creamminerals.com. No regulatory authority has approved or disapproved the information contained in this news release. |
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