Desert Sun Mining Corp.: New Discovery At Jacobina.Business Editors TORONTO--(BUSINESS WIRE)--Dec. 17, 2002 DESERT SUN MINING CORP. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:DSM 1. DSM - Data Structure Manager. An object-oriented language by J.E. Rumbaugh and M.E. Loomis of GE, similar to C++. It is used in implementation of CAD/CAE software. DSM is written in DSM and C and produces C as output. ) has recently identified extensions of the favourable rock units immediately north of its extensive Jacobina holdings. As a result DSM has applied for an additional 10,500 hectares in exploration licenses in the state of Bahia, Brazil, that cover this large new target area identified in its regional exploration program. The area is located 50 kilometres north of the town of Jacobina and is accessible by road. Satellite imagery and preliminary geological maps prepared by Companhia Bahiana de Pesquisa Mineral (CBPM CBPM Computer Based Performance Monitoring CBPM Chemical/Biological Protective Mask ) indicate that the area is underlain un·der·lain v. Past participle of underlie. by the northern extension of the Jacobina Group sedimentary rocks that underly DSM's property to the south. High resolution magnetic and radiometric airborne geophysical data purchased from CBPM was reprocessed and used to aid in delineation of target areas. DSM has identified a north-south trending zone approximately 300 metres wide, and extending at least 1 kilometre along strike, in which several coarse conglomerate units are interbedded with quartzites of the Rio do Ouro Formation. The conglomerate beds, which are up to 30 metres wide, host extensive 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. shear zones that have had major garimpeiro (free miner) activity. The most extensive garimpo (free miner working) extends for 300 metres along strike, is 1.5 to 2.0 metres wide and goes down to 9 metres in depth. An analysis of mill tailings from the garimpeiro operation returned 8 grams of gold per tonne. Panning of tailings by DSM confirmed the presence of fine visible gold with abundant pyrite pyrite (pī`rīt) or iron pyrites (pīrī`tēz, pə–, pī`rīts), pale brass-yellow mineral, the bisulfide of iron, FeS2. . Quartz-vein stockworks are also present in the vicinity of the shear zones suggesting the possibility of a bulk tonnage target. "This discovery could significantly increase the potential of the Jacobina camp and represents a continuation of the existing 60 kilometres long trend on the Jacobina property. The additional zone could be up to 20 kilometres in length," said Dr. Bill Pearson, V.P., Exploration. DSM plans to carry out a program of trenching, mapping, sampling and additional prospecting to evaluate the grade and extent of this 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. and to outline further targets for drilling in conjunction with its current Phase 1 drilling program on the existing Jacobina property. Desert Sun Mining is a Canadian gold exploration and development company listed on the Toronto Venture Exchange. (www.desertsunmining.com). 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 accept responsibility for the adequacy or accuracy of this release. |
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