Desert Sun Updates Drilling at Pindobacu in Bahia Gold Belt, Brazil.TORONTO -- DESERT SUN MINING CORP. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :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. )(AMEX AMEX See: American Stock Exchange :DEZ DEZ Dezember (German: December) DEZ Disease Eradication Zone DEZ Death Egg Zone (Sonic 2/3 & Knuckes level) DEZ Di-Ethylzinc ) reports that it has received results for an additional 14 holes completed in the Pindobacu target area located 50km north of Jacobina. As previously reported (see press release November 3, 2005) the more recent drill holes at Pindobacu have tested the core area that extends at least 700 metres along strike at a deeper level (100m to 150m) than the original series of 100 metres spaced holes (50-80m). Highlights from new holes at the Pindobacu target include: - 23.63 (13.51 with highs cut to 30 g/t) over a true width of 2.5m in PB-30 - 3.11g Au/t over a true width of 8.0m in PB-27 - 3.02 g Au/t over a true width of 5.1m in PB-35 New results from drilling received to date are shown in Table1. Figure 1 is a plan map showing locations of the drill holes which have tested a total strike length of 1.3km along the 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. structure. "The new results continue to enhance the potential for outlining a significant gold deposit at Pindobacu," commented Dr. Bill Pearson, P. Geo., Vice President, Exploration. In the deeper series of holes, the silicified 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 mineralized zone is wider and more intense, however it is clear that the core of the hydrothermal hydrothermal, hydrothermic relating to the temperature effects of water, as in hot baths. system is likely deeper which will require further geophysical work and drilling to locate." Based on drilling and detailed mapping at the Pindobacu, Entry Point and Fumaca targets the mineralized structure has now been traced over a strike length of 18 km and a new exploration model has been developed for the structural evolution and deposition of gold 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. . Gold occurs as very fine grains of native gold associated with tourmaline tourmaline (t r`məlĭn, –lēn), complex borosilicate mineral with varying amounts of aluminum, iron, magnesium, sodium, lithium, potassium, and sometimes other elements, within fractured, faulted and brecciated brec·ci·ate tr.v. brec·ci·at·ed, brec·ci·at·ing, brec·ci·ates To form (rock) into breccia. brec quartzites in the hinge area of a major fold structure. A 3-D model has been prepared combining geological information with the interpretation of the recently completed induced polarization Induced polarization (IP) is a geophysical imaging technique used to identify subsurface materials, such as ore. The method is similar to electrical resistivity tomography, in that an electric current is induced into the subsurface through two electrodes, and voltage is (IP) geophysical survey Geophysical survey refers to the systematic collection of geophysical data for spatial studies. Geophysical surveys may use a great variety of sensing instruments, and data may be collected from above or below the Earth's surface or from aerial or marine platforms. that was prepared by John Buckle, P.Geo., consulting geophysicist. This model and down-hole IP surveys will be used to guide further drilling at Pindobacu in 2006. Assaying for the program was carried out by Lakefield Geosol, an ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001, 2000 laboratory based in Brazil, using fire assay on 50 gram pulps. Check assaying is routinely carried out, by ALS Als (äls), Ger. Alsen, island, 121 sq mi (313 sq km), Sønderjylland co., S Denmark, in the Lille Bælt, separated from the mainland by the narrow Alensund. Chemex in Vancouver, on 10% of sample pulps and 5% of sample rejects. Independent standard reference samples are also inserted at regular intervals into each batch of analyses. Security is maintained at the core logging and sampling facility. Dr. Bill Pearson, P.Geo. is the Qualified Person as defined under National Instrument 43-101 responsible for the scientific and technical work on the exploration program. Desert Sun Mining is a Canadian gold mining company listed on the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. and the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. with 100% ownership of the Jacobina Mine and the 155 km long Bahia Gold Belt in the state of Bahia, in northeastern Brazil. Proven and Probable mineral reserves in the Jacobina Mine area are 17,620,000 tonnes at 2.11 g Au/t containing 1,200,000 ounces of gold. As a result of the Desert Sun's exploration programs to date, Measured and Indicated resources total 24,800,000 tonnes at 2.53 g Au/t containing 2,050,000 ounces of gold, and Inferred Resources total 22,200,000 tonnes at 2.61 g Au/t containing 1,900,000 ounces of gold. The mineral reserves are included within the Measured and Indicated mineral resources Noun 1. mineral resources - natural resources in the form of minerals natural resource, natural resources - resources (actual and potential) supplied by nature . For additional information, contact Naomi Nemeth, Vice President, Investor Relations Investor relations The process by which the corporation communicates with its investors. at 416-861-5901 (info@desertsunmining.com) or visit Desert Sun's website at www.desertsunmining.com. Statements in this release that are not historical facts are "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Readers are cautioned that any such statements are not guarantees of future performance and that actual developments or results may vary materially from those in these "forward-looking statements". This news release also uses the terms "measured resources", 'indicated resources' and 'inferred resources'. Desert Sun Mining Corp. advises investors that although these terms are recognized and required by Canadian regulations (under National Instrument 43-101 Standards of Disclosure for Mineral Projects), the U.S. Securities and Exchange Commission does not recognize them. Investors are cautioned not to assume that any part or all of the mineral deposits in these categories will ever be converted into reserves. In addition, 'inferred resources' have a great amount of uncertainty as to their existence, and economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or pre-feasibility studies, or economic studies except for Preliminary Assessment as defined under 43-101. Investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable.
Table 1: Significant New Drilling Results for Pindobacu
Depth
True Below
Hole No.(1) From To Gold Interval Width Surface
(m) (m) (g/t) (m) (m) (m)(2)
PINDOBACU
PB-21(3) N8812149 E348945 el 587
Dip -48/az 270 61.70 65.35 4.04 3.65 3.4 55
PB-22 N8812250 E348968 El 558
Dip -50/az 273 No significant results
PB-23 N8812350 E348997 El 533
Dip -50/az 270 76.00 76.92 1.69 0.92 0.8 64
84.08 86.23 2.61 2.15 1.8 71
PB-24 N8811552 E349007 El 619
Dip -50/az 270 53.41 56.00 1.30 2.59 2.4 58
63.50 64.58 2.33 1.08 1.0 69
PB-25 N8811899 E348978 El 617
Dip -50/az 270 95.00 96.64 0.91 1.64 1.5 92
101.84 102.75 2.32 0.91 0.8 98
115.32 116.00 2.03 0.68 0.6 109
122.42 123.40 2.05 0.98 0.9 117
PB-26 N8811800 E348972 El 612
Dip -49/az 269 112.08 113.04 2.34 0.96 0.9 117
121.20 121.65 1.13 0.45 0.4 126
PB-27 N8811700 E348972 El 636
Dip -50/az 270 93.97 102.60 3.11 8.63 8.0 92
PB-28 N8811602 E348974 El 637
Dip -48/az 270 68.00 74.26 1.50 6.26 5.9 71
68.00 71.00 2.49 3.00 2.9 69
PB-29 N8811999 E348999 El 597
Dip -50/az 269 No significant results
PB-30 N8811603 E348917 El 661
Dip -50/az 269 101.73 104.37 23.63 2.64 2.5 88
Highs cut to 30 g/t 13.51
PB-31 N8812100 E348975 El 585
Dip -47/az 270 85.00 90.35 1.21 5.35 5.0 81
PB-32 N8812100 E349027 el 572
Dip -50/az 270 137.67 138.62 2.03 0.95 0.9 131
PB-33 N8812150 E349000 el 572
Dip -49/az 270 99.48 101.10 1.80 1.62 1.6 93
106.62 110.66 1.35 4.04 3.9 100
incl. 106.62 108.13 2.97 1.51 1.4 99
PB-34 N8812200 E349025 el 558
Dip -49/az 270 113.09 115.66 1.59 2.57 2.3 100
PB-35 N8812300 E349025 el 539
114.98 120.88 3.02 5.90 5.1 96
(1) all holes are NQ diamond drill core size; dip and azimuth is
measured in degrees
(2) depth calculated based on midpoint of intersection
(3) results previously released in press release of November 3, 2005
Please click the following link to view the Location of Diamond Drill Holes at Pindobacu: http://www.ccnmatthews.com/docs/dsmmap.pdf Desert Sun Mining Corp. (TSX:DSM) (AMEX:DEZ) |
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