Cumberland Updates Drill Results from Meadowbank Gold Project.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Cumberland Cumberland, former county, England Cumberland, former county, N England. In 1974, Cumberland became part of the nonmetropolitan county of Cumbria. Cumberland, river, United States Cumberland, Resources Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :CLG CLG College CLG Ceiling CLG Collagenase CLG Cumann Lúthchleas Gael (Club of the Gaelic Athletic Association) CLG Community Liaison Group CLG Calling Line CLG Change to Lower Grade (civilian personnel) ) (AMEX AMEX See: American Stock Exchange :CLG) is very pleased to report additional 2004 drill results from the Company's 100% owned Meadowbank Meadowbank can refer to -
Tragic hero who tarries and broods over revenge and suicide. [Br. Lit.: Hamlet] See : Indecision Hamlet introspective, vacillating Prince of Denmark. [Br. Lit. of Baker Lake, Nunavut Baker Lake or Qamani’tuaq (where the river widens) (2006 Population 1,728) (Inuktitut syllabics:ᖃᒪᓂᑦᑐᐊᖅ), is a hamlet in Nunavut on mainland Canada. Territory. The Meadowbank 2004 drill program, with a recently-expanded budget of $5.9 million (see news release NR04-11), is focusing on deposit and open pit expansion, and exploration of new targets within the 25 kilometre gold trend. To date, the 2004 program has completed 90 drill holes in approximately 14,700 metres. At the Goose Island Goose Island may refer to: Places in Australia
n. 1. The use of vacant land and property within a built-up area for further construction or development, especially as part of a neighborhood preservation or limited growth program. 2. approximately 200 metres of the 400 metre metre In poetry, the rhythmic pattern of a poetic line. Various principles have been devised to organize poetic lines into rhythmic units. Quantitative verse, the metre of Classical Greek and Latin poetry, measures the length of time required to pronounce syllables, length of the deposit. Recent highlights from infill drilling at the Goose Island deposit include: 87.88 g/t gold over 4.91 m at 50 m below surface in hole G04-527 97.61 g/t over 4.28 m at 13 m below surface in hole G04-524 15.53 g/t over 3.92 m at 10 m below surface and 8.75 g/t over 2.41 m at 20 m below surface in hole G04-507 12.72 g/t over 11.25 m at 83 m below surface and (i)5.59 g/t over 3.84 m at 113 m below surface in hole G04-509 10.36 g/t over 2.10 m at 41 m below surface in hole G04-519 8.43 g/t over 5.83 m at 87 m below surface and 16.63 g/t over 1.93 m at 110 m below surface in hole G04-521 7.06 over 10.80 m at 95 m below surface in hole G04-522 (i)previously released Additional infill drill results reported on June 8, 2004 (see news release NR04-11) from Goose Island included: (i)119.46 g/t gold over 4.89 m at 65 m below surface in hole G04-511 (i)10.93 g/t over 4.26 m at 110 m below surface in hole G04-504 (i)12.59 g/t over 8.70 m at 80 m below surface in hole G04-505 (i)21.10 g/t over 3.28 m at 130 m below surface in hole G04-508 "Drill holes from the flanks of the Goose Island deposit are returning outstanding intersections and will support the ongoing feasibility with improved resource classification and the potential for higher grades within an expanded open pit design," commented Kerry Kerry, county (1991 pop. 121,894), 1,815 sq mi (4,701 sq km), SW Republic of Ireland. The county town is Tralee. Kerry consists of a series of mountainous peninsulas that extend into the Atlantic. Curtis, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . In 2003, four infill drill holes were completed in the near-surface, southern flank flank (flank) the side of the body between ribs and ilium. flank n. 1. The side of the body between the pelvis or hip and the last rib; the side. 2. of the deposit. Two of the drill holes yielded 18.55 g/t gold over 6.69 metres and 17.52 g/t gold over 6.70 metres at depths of 22 metres and 17 metres, respectively, suggesting a high-grade High-grade Credit quality of AAA or AA. high-grade Of, relating to, or being a bond with little risk of default on the part of the issuer. High-grade is usually reserved for bonds rated AAA or AA by the rating services. core to the deposit (see news release NR03-23). Follow-up follow-up, n the process of monitoring the progress of a patient after a period of active treatment. follow-up subsequent. follow-up plan drilling in 2004 has yielded 119.46 g/t over 4.89 metres, 97.61 g/t over 4.28 metres and 87.88 g/t over 4.91 metres confirming a shallow, very high-grade component of resources in the southern portion of the open pit design (see figure on company's website). In the northern portion of the deposit, a series of 2004 drill holes targeted below the current pit design have also yielded excellent intersections (10.93 g/t gold over 4.26 metres, 12.72 g/t over 11.25 m and 7.06 g/t over 10.80 metres) leading to potential increased grade and a deeper open pit in the north (see map on company's website). A table of the Goose Island deposit results and a drill hole location map are attached to this release. Additional results from the Meadowbank Phase I spring drill program will be announced within the next several weeks and the Phase II summer drill program will continue through September. The Goose Island deposit is one of six closely-spaced, near surface gold deposits at the Meadowbank gold project. Goose Island Deposit Resources - Q1/2004(i) ----------------------------------------------------------------- Resource Category Tonnes Grade (g/t) Ounces Gold ----------------------------------------------------------------- Measured and Indicated 1,924,000 4.8 297,000 ----------------------------------------------------------------- Inferred 2,069,000 4.8 319,000 ----------------------------------------------------------------- The Meadowbank project is host to the third largest undeveloped gold resource in Canada. Meadowbank Project Resources - Q1/2004(i) ----------------------------------------------------------------- Resource Category Tonnes Grade (g/t) Ounces Gold ----------------------------------------------------------------- Measured and Indicated 21,685,000 4.3 2,998,000 ----------------------------------------------------------------- Inferred 5,700,000 4.3 788,000 ----------------------------------------------------------------- Cumberland is completing a feasibility study "A Feasibility Study" is an episode of the original The Outer Limits television show. It first aired on 13 April, 1964, during the first season. It was remade in 1997 as part of the revived The Outer Limits series with a minor title change. on the Meadowbank gold project. Initiated in 2003, completion of the feasibility study The analysis of a problem to determine if it can be solved effectively. The operational (will it work?), economical (costs and benefits) and technical (can it be built?) aspects are part of the study. Results of the study determine whether the solution should be implemented. was extended in early 2004 due to global escalations in fuel, steel and other construction items which impacted the preliminary construction cost estimates for the project. The Company is completing a 2004 drill program to enhance gold resources at Meadowbank and is progressing on an extensive range of feasibility optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. studies with the goal of completing feasibility in the fall of 2004. Cumberland is a well financed mineral exploration and development company which holds interests in two undeveloped gold properties in Nunavut, Canada: Meadowbank (100%) and Meliadine West (22% carried to production). CUMBERLAND RESOURCES LTD. Kerry M. Curtis, B.Sc., P.Geo., President and CEO Roger B. March, P.Geo., is the Senior Project Geologist and designated Q.P. for the Meadowbank Project. Mr. March has supervised su·per·vise tr.v. su·per·vised, su·per·vis·ing, su·per·vis·es To have the charge and direction of; superintend. [Middle English *supervisen, from Medieval Latin drill hole planning, implementation and quality control/quality assurance programs at the Meadowbank Project since 1996. Drill core analysis is performed on split core with standard fire assay procedures and AA finish. QA/QC QA/QC Quality Assurance/Quality Control programs employ random insertion insertion n. the addition of language at a place within an existing typed or written document, which is always suspect unless initialled by all parties. of four internal standards, field duplicates and blank samples. Gravimetric analysis gravimetric analysis n. The determination of the quantities of the constituents of a compound. is performed on any sample yielding greater than 1 g/t gold in fire assay. Primary assaying is performed by IPL (Initial Program Load) Same as boot. 1. IPL - Information Processing Language. 2. IPL - Internet Public Library. 3. IPL - Initial Program Load. 4. IPL - Initial Program Loader. Laboratories, of Vancouver. ACME Analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. Laboratories of Vancouver provides external reference assaying. (i) Mineral resources Noun 1. mineral resources - natural resources in the form of minerals natural resource, natural resources - resources (actual and potential) supplied by nature that are not mineral reserves do not have demonstrated economic viability. Mineral resource estimates do not account for mineability, selectivity selectivity /se·lec·tiv·i·ty/ (se-lek-tiv´i-te) in pharmacology, the degree to which a dose of a drug produces the desired effect in relation to adverse effects. selectivity 1. , mining loss and dilution Dilution A reduction in earnings per share of common stock that occurs through the issuance of additional shares or the conversion of convertible securities. Notes: Adding to the number of shares outstanding reduces the value of holdings of existing shareholders. . These mineral resource estimates include inferred mineral resources that are normally considered too speculative geologically ge·ol·o·gy n. pl. ge·ol·o·gies 1. The scientific study of the origin, history, and structure of the earth. 2. The structure of a specific region of the earth's crust. 3. A book on geology. to have economic considerations applied to them that would enable them to be categorized cat·e·go·rize tr.v. cat·e·go·rized, cat·e·go·riz·ing, cat·e·go·riz·es To put into a category or categories; classify. cat as mineral reserves. There is also no certainty that these inferred resources will be converted to measured and indicated categories through further drilling, or into mineral reserves once economic considerations are applied. The standards employed by AMEC AMEC African Methodist Episcopal Church AMEC Agent Mediated Electronic Commerce AMEC Arctic Military Environmental Cooperation AMEC Advanced Micro-Fabrication Equipment Inc AMEC Association of Media Evaluation Companies in estimating the mineral resources differ significantly from the requirements of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. Securities and Exchange Commission and the resource information reported by United States companies This is a list of companies from the United States:
: . The term "resources" does not equate e·quate v. e·quat·ed, e·quat·ing, e·quates v.tr. 1. To make equal or equivalent. 2. To reduce to a standard or an average; equalize. 3. to "reserve" and normally may not be included in documents filed with the Securities and Exchange Commission. "Resources" are sometimes referred to as "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. " or "mineral deposits". Resource estimates (Q1/2004) were prepared in conformance con·for·mance n. Conformity. Noun 1. conformance - correspondence in form or appearance conformity agreement, correspondence - compatibility of observations; "there was no agreement between theory and with the requirements set out in National Instrument 43-101 by AMEC independent qualified persons as defined by NI 43-101. All resource estimates (except for the PDF (Portable Document Format) The de facto standard for document publishing from Adobe. On the Web, there are countless brochures, data sheets, white papers and technical manuals in the PDF format. deposit which is not included in the current feasibility study) have been prepared by AMEC independent qualified persons as defined by NI 43-101 under the direction of Steve Blower, P.Geo. (ii) True thickness of intersections ranges from 80-100% of intersected widths. This document contains certain forward looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectations implied by these forward looking statements.
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2004 SPRING DIAMOND DRILLING RESULTS: Goose Island Composites
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HOLE - ID LOCATION FROM TO GRADE WIDTH VERTICAL
(m) (m) Au (g/t) (m) DEPTH (m)
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G04-507 1125S 070E 10.08 14.00 15.53 3.92 10
incl 10.45 12.30 31.12 1.85
22.80 25.21 8.75 2.41 20
incl 24.70 25.21 31.70 0.51
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G04-509 1075S 002W 90.50 101.75 12.72 11.25 83
incl 93.75 95.25 38.81 1.49
and 99.19 100.31 42.16 1.12
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G04-512 1075S 041E 56.15 59.63 3.87 3.48 50
incl 56.67 58.55 5.21 1.88
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G04-513 1325S 020E 124.32 126.10 1.34 1.78 103
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G04-514 1075S 079E 30.65 31.83 2.82 1.18 25
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G04-515 1325S 060E 67.40 72.13 2.10 4.73 57
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G04-516 1050S 059E 53.18 59.86 3.21 6.68 47
incl 53.18 56.42 5.25 3.24
and 55.96 56.42 18.20 0.46
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G04-517 1025S 090E 33.85 35.51 27.82 1.66 29
incl 33.85 34.80 35.30 0.95
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G04-518 1325S 100E 13.48 17.85 4.94 4.37 13
incl 13.80 14.72 16.58 0.92
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G04-519 1000S 070E 48.10 50.20 10.36 2.10 41
incl 48.40 49.40 18.30 1.00
52.62 63.98 1.87 11.36 49
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G04-520 1000S 024E 81.24 88.37 4.49 7.13 70
incl 82.21 83.37 12.68 1.16
107.92 109.80 8.18 1.88 90
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G04-521 1025S 002E 96.92 102.75 8.43 5.83 87
incl 97.27 99.03 17.86 1.76
124.01 125.94 16.63 1.93 110
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G04-522 1050S 014W 102.80 113.60 7.06 10.80 95
incl 110.70 112.14 20.40 1.44
and 111.51 111.83 40.60 0.32
115.95 122.73 2.44 6.78 104
130.29 136.50 1.90 6.21 116
137.70 140.47 2.23 2.77 121
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G04-523 975S 068E 47.06 48.00 18.28 0.94 37
50.35 60.46 1.72 10.11 43
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G04-524 1350S 095E 14.60 18.88 97.61 4.28 13
incl 16.24 18.88 157.14 2.64
and 16.24 16.54 1315.65 0.30
and 18.58 18.88 35.55 0.30
22.95 25.42 4.30 2.47 18
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G04-525 1375S 085E 26.87 38.30 2.75 11.43 25
incl 26.87 31.87 3.86 5.00
and 30.66 31.87 7.63 1.21
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G04-526 1375S 050E 81.40 86.87 3.09 5.47 65
incl 85.00 85.91 7.23 0.91
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G04-527 1400S 064E 58.56 63.47 87.88 4.91 50
incl 60.93 63.47 163.32 2.54
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G04-528 1400S 013E 115.33 117.33 1.95 2.00 95
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G04-529 1425S 074E 43.81 48.88 2.39 5.07 38
incl 45.30 45.89 8.92 0.59
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G04-530 1425S 037E NSV
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(i) PREVIOUSLY RELEASED 2004 SPRING DIAMOND DRILLING RESULTS:
Goose Island Composites
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HOLE - ID LOCATION FROM TO GRADE WIDTH VERTICAL
(m) (m) Au (g/t) (m) DEPTH (m)
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(i)G04-501 1200S 166W 382.45 388.95 4.89 6.50 350
incl 384.25 387.35 9.16 3.10
and 386.92 387.35 40.27 0.43
398.78 400.37 7.22 1.59 360
incl 399.84 400.37 18.60 0.53
462.00 462.45 4.90 0.45 420
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(i)G04-502 1025S 050E 57.17 67.00 3.56 9.83 51
incl 57.17 58.79 5.10 1.62
and 62.04 67.00 4.87 4.96
and 62.04 63.49 10.39 1.45
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(i)G04-504 1125S 062W 141.15 145.41 10.93 4.26 110
incl 141.75 142.05 30.40 0.30
and 143.80 145.41 21.38 1.61
178.00 180.74 7.22 2.74 137
incl 178.00 179.00 13.13 1.00
215.64 218.17 3.56 2.53 167
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(i)G04-505 1125S 018W 95.00 103.70 12.59 8.70 80
incl 96.35 100.35 25.68 4.00
107.50 115.00 3.18 7.50 90
incl 110.00 111.00 7.84 1.00
and 113.50 114.00 6.16 0.50
119.00 127.00 4.57 8.00 100
incl 124.64 126.25 14.96 1.61
129.90 137.00 3.58 7.10 110
incl 135.46 136.14 26.30 0.68
145.95 147.70 12.11 1.75 121
incl 145.95 146.50 20.55 0.55
159.75 160.36 18.10 0.61 131
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(i)G04-506 1125S 030E 45.17 53.45 7.98 8.28 40
incl 50.48 53.45 12.65 2.97
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(i)G04-508 1275S 033W 152.07 155.02 7.58 2.32 126
158.07 161.35 21.10 3.28 130
incl 158.07 160.32 29.49 2.25
and 159.81 160.32 46.60 0.51
164.70 172.65 4.06 7.95 138
incl 170.77 172.65 9.85 1.88
and 172.34 172.65 19.00 0.31
194.34 195.86 34.24 1.52 160
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(i)G04-509 1075S 002W 128.20 132.04 5.59 3.84 113
incl 128.20 128.68 37.70 0.48
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(i)G04-510 1275S 007E 105.58 107.46 4.05 1.88 85
110.72 111.57 12.00 0.85 90
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(i)G04-511 1275S 047E 75.93 80.82 119.46 4.89 65
incl 77.00 79.88 201.20 2.88
and 77.91 78.21 1807.60 0.30
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Intercepts reported at 1 g/t gold cut-off with a maximum inclusion of
2 metres.
Higher grade intersections reported a 5 g/t gold cut-off.
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