Dia Bras: Copper/Zinc Production at Bolivar Meets Objectives.MONTREAL -- Dia Bras Exploration (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:DIB (1) (Directory Information Base) Also called "white pages," a database of names in an X.500 system. (2) (Device Independent B ) announced today it has met its production targets on the mining and milling operation at the Bolivar project in Northern Mexico. The Company's objective is to mill 9,000 metric tons of high grade material at 4% copper and 20% zinc zinc, metallic chemical element; symbol Zn; at. no. 30; at. wt. 65.38; m.p. 419.58°C;; b.p. 907°C;; sp. gr. 7.133 at 25°C;; valence +2. Zinc is a lustrous bluish-white metal. It is found in Group 12 of the periodic table. by September. The high grade zones around holes 85 and 87 with grades up to 6% copper and 28% zinc will be reached within 30 days. Another pod pod, in botany pod or legume, dehiscent fruit of a member of the family Leguminosae (pulse family). At maturity the pod splits along its two seams and releases the enclosed seeds. of similar grade has been intercepted over 25 meters by the sixth level drift. Operating Results The Bolivar property produced 5,100 metric tons in April. Current production is from only two faces at Level Six.Development at Level One is now on stream and two more working faces will be opened up next week. The objective is to mine the deposit from five economic faces by July. The Malpaso mill has a capacity of 200 tpd and during April it processed 3,509 metric tons of ore at an average head grade of 1.91% Cu and 6.80% Zn. All ore shipped to the mill was development ore. During April, 379 dry metric tons (DMT See DSL. ) of zinc concentrate Zinc concentrate is a highly hazardous product used in the production of zinc metal and zinc alloys, which is the result of a flotation process after the zinc ore has been mined and milled. and 176 DMT of copper concentrate were produced. An additional 251 DMT of zinc concentrate were shipped to the Manzanillo port facilities. The new equipment for the expansion of the mill to 300 tpd has been purchased; the installation will begin shortly with completion scheduled for September. The company expects to mill 5,000 metric tons at grades improving to 3% Cu and 11% Zn in the month of May, 4% Cu and 16% Zn in June, and grades of 4% Cu and 20% Zn starting in July. Exploration and Mine Development The drill program has tested the New Bolivar South Zone where Cu, Ag, Au 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. in skarn skarn In geology, a metamorphic zone developed in the contact area around igneous rock intrusions when carbonate sedimentary rocks are invaded by and replaced with chemical elements that originate from the igneous rock mass nearby. was discovered and excellent results were obtained as indicated in the table below. The next drill program is targeted in the deposit area to increase the size of the higher grade material readily available by underground workings. Exploration will also continue in the surroundings to evaluate the Lilly, Cascada and Rosario prospects.In order to better understand the skarn system at Bolivar, a mineralogical min·er·al·o·gy n. pl. min·er·al·o·gies 1. The study of minerals, including their distribution, identification, and properties. 2. A book or treatise on mineralogy. study will be performed by Dr. Meinert. This study will be the foundation of the next exploration program in the Bolivar district. --------------------------------------------------------------------- --------------------------------------------------------------------- Hole From To Thickness Au Ag Cu No. Segment (m) (m) (m) g/t g/t % --------------------------------------------------------------------- DIA-111-05(i) 150.60 151.60 1.00 0.092 18.70 0.51 --------------------------------------------------------------------- DIA-112-05 A 241.00 251.00 10.00 0.4733 11.9643 1.2740 --------------------------------------------------------------------- DIA-113-05 A 102.00 104.00 2.00 0.2370 19.0500 0.6075 --------------------------------------------------------------------- DIA-118-05 A 125.00 127.00 2.00 1.8325 17.7750 1.2250 --------------------------------------------------------------------- DIA-118-05 B 141.00 142.00 1.00 0.4400 17.8000 1.7400 --------------------------------------------------------------------- DIA-121-05 A 200.00 215.00 15.00 0.1339 27.8400 1.2466 --------------------------------------------------------------------- DIA-122-05 A 126.00 128.00 2.00 0.9075 20.0000 1.8700 --------------------------------------------------------------------- DIA-124-05 A 233.50 241.50 8.00 0.4134 23.2600 1.2958 --------------------------------------------------------------------- DIA-124-05 B 246.50 247.50 1.00 0.3040 7.2000 1.3100 --------------------------------------------------------------------- DIA-125-05 B 160.00 171.00 11.00 1.1900 0.0600 1.6900 --------------------------------------------------------------------- DIA-125-05 C 180.00 181.00 1.00 1.5150 40.2000 1.5800 --------------------------------------------------------------------- --------------------------------------------------------------------- (i) Results were previously announced on April 13, 2005 About Dia Bras Dia Bras is a Canadian mining exploration company focused on precious and base metals in the State of Chihuahua, Mexico. The Company continues exploration and the active development of its two key projects - Bolivar and Promontorio - located in the Sierra Madre Sierra Madre, city, United States Sierra Madre (sēĕr`ə mä`drā), residential city (1990 pop. 10,762), Los Angeles co., S Calif., at the foot of Mt. Wilson; inc. 1907. There is some light manufacturing. precious metal belt. The Company is traded on 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. , under the symbol "DIB". Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. :Except for statements of historical fact, all statements in this news release, without limitation, regarding new projects, acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release. DIA BRAS EXPLORATION INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (TSX VENTURE:DIB) |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion