Donner Minerals Ltd.: High Grade Nickel Intersected at West Raglan Project.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 8, 2003 Mr. Harvey Keats, President of Donner Minerals Ltd. is pleased to report that Knight Resources Ltd. ('Knight') has announced a significant nickel discovery at the West Raglan Project, located in Northern Quebec. Donner owns approximately 26% of Knight's common shares. The entire Knight news release has been reproduced below. Knight Resources Ltd. announced that high grade nickel sulphides have been intersected on the West Raglan Project located in northern Quebec and operated by Anglo American Exploration (Canada) Limited. Partial assays have been received for three diamond drill holes. Assays for additional holes are pending and will be released as they are received.
--------------------------------------------------------------
Hole Core Length (m) Nickel % Copper % Cobalt %
--------------------------------------------------------------
WR-08 14.75 3.04 1.13 0.08
--------------------------------------------------------------
WR-12 15.50 1.20 0.84 0.04
--------------------------------------------------------------
including 8.50 1.60 1.13 0.05
--------------------------------------------------------------
WR-13 7.62 2.54 1.41 0.09
--------------------------------------------------------------
Assays for platinum and palladium are pending and will be released as they are received. The 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. is hosted by ultramafic ul·tra·maf·ic adj. Ultrabasic. ultramafic Containing mainly mafic minerals. Used of igneous rocks and often used interchangeably with ultrabasic. Dunite is an ultramafic rock. bodies within the lower part of the Chukotat Group and displays a strong similarity in terms of host rocks, textures and grades, to ore bodies currently being mined by Falconbridge Limited at their Raglan operations. Results from this year's drilling program indicate that the Raglan Formation, host to most of the published reserves on Falconbridge Limited's Raglan property, is present at or near surface across most of the West Raglan property. Furthermore, initial drilling has confirmed that, as at Raglan, the ultramafic unit hosts high grade and high tenor magmatic sulphide mineralization. Results to date show that the Raglan Formation identified on the West Raglan property is hosted by a steeply-dipping, locally overturned sequence of massive and pillow basalt basalt (bəsôlt`, băs`ôlt), fine-grained rock of volcanic origin, dark gray, dark green, brown, reddish, or black in color. Basalt is an igneous rock, i.e., one that has congealed from a molten state. flows and interflow In`ter`flow´ v. i. 1. To flow in. sulphidic sediments and cherts. This contrasts with the shallowly north-dipping stratigraphy stratigraphy, branch of geology specifically concerned with the arrangement of layered rocks (see stratification). Stratigraphy is based on the law of superposition, which states that in a normal sequence of rock layers the youngest is on top and the oldest on the observed at Raglan. Drilling, which began in early August, has focused on three general areas referred to as: Frontier, Povungnituk and Rain Day. To date, the drill intersections of greatest interest have all been in the Frontier area, the site of the high grade boulder samples reported in the Company's news release dated July 16, 2003. The Frontier area, located approximately 7 kilometres west of Lac Chukotat, has been further divided into four zones: Frontier East, Frontier Central, Frontier West and Frontier South. Frontier Central is located approximately 650 metres east of Frontier West. Frontier East is located a further 1.1 kilometres east of Frontier Central. Frontier South is approximately 350 metres south of Frontier West. The focus of the drilling is to identify nickel-rich magmatic sulphide deposits similar to those found at Raglan. The ore bodies at Raglan range in size from 10,000 tonnes to 1.7 million tonnes and consist of shallowly plunging ore lenses contained in irregular embayment structures in ultramafic rocks. These ore lenses are difficult exploration targets and typically require multiple, closely-spaced drill holes. Frontier South Frontier South was initially discovered in early August as an outcrop of 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. ultramafic. Seven holes (WR-04/05/06/08/09/10/11), totalling 740 metres have now been drilled into Frontier South. WR-04 and WR-05 intersected weakly mineralized ultramafic. WR-06 intersected graphitic sediments and a large sequence of ultramafic. WR-08, referred to as the Discovery Hole, intersected a 14.75 metre mineralized sequence that includes 11.4 metres of greater than 50% net textured magmatic sulfides. The mineralized sequence began at 17.2 metres. WR-09 was drilled towards the south from the same location as WR-08 and intersected 2.1 metres of greater than 50% net textured magmatic sulfides. Overlying overlying suffocation of piglets by the sow. The piglets may be weak from illness or malnutrition, the sow may be clumsy or ill, the pen may be inadequate in size or poorly designed so that piglets cannot escape. the 2.1 metres of magmatic sulphides, WR-09 intersected approximately 5.0 metres of re-mobilized magmatic and sedimentary massive sulfides intercalated in·ter·ca·lat·ed adj. Inserted between two others; interposed. in·ter  ca·late with sulphidic sediments and
chert chert: see flint. .WR-10 and WR-11 were step-out holes to the west and intersected a sequence of sulphidic sediments containing local massive sulphide beds. The information obtained from these two holes indicated an overturned, south dipping stratigraphy with an embayment structure in ultramafic rocks. Mineralization in WR-04, 05, 06, 10 and 11 will be assayed in due course. Frontier East Frontier East was the site of high grade boulder samples (1.1% - 3.4% nickel) reported in the Company's news release of July 16, 2003. Three holes (WR-02/12/13) totalling 445 metres have now been drilled into Frontier East. WR-02 was the first hole drilled in the Frontier area. The hole was drilled north to south and intersected approximately 30 metres of sulphidic sediments and chert within ultramafics. The location of the conductive conductive having the quality of readily conducting electric current. conductive flooring flooring or floor covering made specially conductive to electrical current, usually by the inclusion of copper wiring that is earthed sediments do not appear to explain the strong surface conductivity Surface conductivity is an additional electric conductivity of fluid in the vicinity of the charged surface. Fluid conductivity is associated with ions motion in electric field. Concentration of ions is higher close to the charged surfaces. noted in the area. As a result of the interpretation at Frontier South, that dips are to the south, WR-12 and WR-13 were collared on a section 100 metres east of WR-02, and were drilled from south to north. WR-12 intersected a mineralized sequence from 15.5 metres to 32.0 meters, including 8.5 metres of greater than 50% net-textured magmatic sulphides and 7.0 metres of 5% to 25% net textured to disseminated magmatic sulphides. WR-13 was collared from the same set-up as WR-12 but drilled at a steeper angle. WR-13 intersected 7.4 metres of massive magmatic sulphide in contact with low grade sedimentary sulphides. Nickel tenors in WR-13 are lower as a result of the sedimentary sulphides. Similar results are seen at Raglan. Frontier Central One hole, WR-14, was drilled from south to north underneath subcrop exposures of mineralized ultramafic and mineralized boulders that assayed between 1.9% and 3.4% nickel. WR-14 intersected an 11.5 metre mineralized sequence of magmatic sulphides, of which 9.0 metres were greater than 50% net textured magmatic sulphides. Drill core from the mineralized sequence intersected in WR-14 has been sent for assay on a rush basis. Assay results will be reported as soon as they are received. Frontier West One hole, WR-03, was drilled on a 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. HLEM HLEM Horizontal-Loop Electromagnetic (system) HLEM High Level Event Manager and magnetic anomaly Magnetic Anomaly may refer to:
Mineralization in WR-03 will be assayed in due course. Rain Day The Rain Day area is located approximately 7.5 kilometres due east of Frontier East. The only hole drilled at Rain Day, WR-01, was drilled to a depth of 152 metres near the site of weakly mineralized boulders (.23% to .26% nickel). WR-01 intersected an 87 metre unit of ultramafic rock with a gabbro gabbro: see basalt. gabbro Any of several medium- or coarse-grained rocks that consist primarily of plagioclase feldspar and pyroxene. Gabbros are found widely on the Earth and on the Moon. hanging wall and a basalt footwall foot·wall n. Geology 1. The mass of rock underlying a mineral deposit in a mine. 2. The underlying block of a fault having an inclined fault plane. . Weak blebbly pyrrhotite pyrrhotite (pĭr`ətīt) or magnetic pyrites, bronze-yellow to bronze-red mineral, a sulfide of iron sometimes containing nickel. It tarnishes easily and is somewhat magnetic. mineralization was intersected between 135 and 144 metres in ultramafic. Recent prospecting approximately one kilometre west of WR-01 has discovered mineralized boulders of ultramafic proximal to unmineralized ultramafic outcrop. Assays for the boulders are pending. Povungnituk The Povungnituk area is located approximately 5 kilometres south of Lac Chukotat. WR-07 was drilled to test a coincident magnetic and HLEM anomaly. WR-07 intersected an ultramafic sequence before intersecting graphitic sediments. Ongoing Work Active exploration continues on the West Raglan Project. Drilling will continue until September Until September is a 1984 romantic drama set in France. It stars Karen Allen as an American tourist in Paris who falls in love with a married Frenchman (Thierry Lhermitte). External links 10th at which time drilling will be suspended due to the onset of winter conditions. In addition to diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral , detailed infill magnetic data is being collected to define magnetic highs within the regionally extensive ultramafic. Ground pulse EM geophysical coverage is ongoing. Downhole pulse EM is carried out on a routine basis. Knight is earning a 49% interest in the West Raglan Project from Anglo American Exploration (Canada) Limited ('AAEC'). The 68,000 hectare project, located in northern Quebec, covers over 60 km of the interpreted western extension of the Raglan Horizon, which hosts the deposits at the Raglan Mine. Resources, reserves and mined to date at Raglan are estimated at 28 million tonnes averaging 2.8% nickel and 0.8% copper with significant platinum group The platinum group (alternatively, the platinum group metals or platinum metals) is a collective name sometimes used for six metallic elements clustered together in the periodic table. elements and cobalt. AAEC AAEC Association of American Editorial Cartoonists AAEC Australian Atomic Energy Commission AAEC Applied Automated Engineering Corporation AAEC Advanced Automated Electronic Classroom AAEC aeromedical evacuation control team is the operator of the West Raglan Project and is responsible for the sampling and submittal of samples for assay. The assaying was carried out and certified by ACME Labs and 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, both of Vancouver, BC. ACME Labs performed all primary assays. A check assay was performed on quarter core of a 1.0 metre interval of WR-08 by ALS Chemex. At ACME Labs the interval assayed 3.23% nickel, 0.91% copper and 0.08% cobalt. At ALS Chemex the interval assayed 3.97% nickel, 1.00% copper and 0.09% cobalt. Further check assaying will be done in due course. The AAEC Qualified Person is Richard Dufresne and the Knight Qualified Person is Kerry Sparkes. Mr. Sparkes is the Qualified Person responsible for the Knight news release. ON BEHALF OF THE BOARD OF DONNER MINERALS LTD. Harvey Keats, President 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. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion