Cumberland Resources - First Drill Results From Suluk Nickel-Copper-Cobalt Zone.VANCOUVER, British Columbia--(BUSINESS WIRE)--June 11, 1996--CUMBERLAND(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : CBD (Component Based Development) Building applications with components (objects). See component software. CBD - component based development ) The Parker Lake Joint Venture, comprised of (50 percent) Cumberland Resources Ltd. (the Operator), (25 percent) Comaplex Minerals Corp. and (25 percent) Manson Creek Resources Ltd. is pleased to announce the results from the first widely spaced drill holes on the Suluk (nickel-copper-cobalt) zone. The zone was traced in 1995, on surface, over a length of 800m, with widths of massive sulphide sulphide: see sulfide. varying from 0 to 4m and averaging 1m. Average grades from surface grab samples 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 yielded 3.90 percent nickel, 2.81 percent copper, and 0.167 percent cobalt Cobalt, town, Canada Cobalt (kō`bôlt), town (1991 pop. 1,470), E Ont., Canada, NE of Sudbury, near Lake Timiskaming. Once a center for cobalt and silver mining, the area is now economically depressed. . The table below lists the intersections from these first four holes. These holes intersected both disseminated disseminated /dis·sem·i·nat·ed/ (-sem´i-nat?ed) scattered; distributed over a considerable area. dis·sem·i·nat·ed adj. Spread over a large area of a body, a tissue, or an organ. and narrow massive sulphides at depths of 70m and 140m below surface on each of the two sections (two holes per section) drilled 250 metres apart. The massive sulphide intersections, (such as Sul 96-4a 157.22 - 157.69m) yielded similar nickel-copper-cobalt values as returned from the surface sampling.
Suluk Zone
Diamond Drilling Results
------------------------------------------------------------------
HOLE COLLAR AZIMUTH DIP INTERVAL ------------------------------------------------------------------
SUL 96-1 2850 W 9+30s 160 -60 73.1 - 77.82
includes
76.2 - 77.82
SUL 96-2 2850 W 8+30s 160 -60 153.81 - 158.81
includes
157.20 - 157.67
SUL 96-3 3100 W 9+93s 160 -65 78.53 - 80.27
SUL 96-4a 3100 W 8+80s 160 -60 153.15 - 157.69
includes
153.86 - 155.84
and
157.22 - 157.69
------------------------------------------------------------------
HOLE WIDTH Cu Ni Co
Percent Percent Percent
------------------------------------------------------------------
SUL 96-1 4.72m 1.00 0.11 0.007
1.62m 1.56 0.26 0.018
SUL 96-2 5.00m 0.53 0.08 0.007
0.47m 2.23 0.12 0.009
SUL 96-3 1.74m 0.52 1.04 0.036 SUL 96-4a 4.54m 1.35 0.52 0.019
1.98m 2.35 0.117 0.009
0.47m 1.56 4.31 0.116
The best intersections are from the western most section (3100 W), where additional drilling will continue to test the zone at depth. In addition to further drilling at the Suluk zone, the Parker Lake Joint Venture has proposed an additional 2000 m of drilling to test numerous targets outlined by airborne geophysics geophysics, study of the structure, composition, and dynamic changes of the earth, its atmosphere, hydrosphere and magnetosphere, based on the principles of physics. flown in the spring. Several of these targets are coincident co·in·ci·dent adj. 1. Occupying the same area in space or happening at the same time: a series of coincident events. See Synonyms at contemporary. 2. with nickel-copper surface 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. . Drilling on the Sandhill A sandhill is an ecological community type found in many parts of the world. Sandhills in the coastal plain of North America This xeric fire-maintained ecosystem features very short fire return intervals, one to five years. zinc-copper zone is currently underway. Additional results will be released as assays become available. CONTACT: Cumberland Resources Ltd. Mr. Glen Dickson, R / Mr. Kerry Curtis Vice President, Corporate Development 604/244-7112 OR Comaplex Minerals Corp. Mr. George Fink fink Slang n. 1. A contemptible person. 2. An informer. 3. A hired strikebreaker. intr.v. finked, fink·ing, finks 1. To inform against another person. , R / Mr. Murray Pyke Executive Vice President OR Mr. Phillip Mudry Vice President, Exploration, 403/265-2846 OR Manson Creek Resources Ltd. Mr. Scott Emerson, 604/689-4006 OR Manson Creek Resources Ltd. Mr. Glen Harper, President, 403/233-0464 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion