Drilling scheduled for October; Sleeper extension gold project Humboldt County, Nevada; 100 percent X-CAL Resources Ltd.VANCOUVER, B.C.--(BUSINESS WIRE)--Sept. 15, 1995--A 5,000 ft. drill program consisting of approximately 12 holes will begin drill testing Area 1 and Area 3 on X-Cal's Sleeper Sleeper Stock in which there is little investor interest but that has significant potential to gain in price once its attractions are recognized. Antithesis of high flyer. Extension Gold Project in October. AREA 1 Economic grade 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. has been exposed by trenching: - 80 ft. at 0.034 oz per ton Gold - 45 ft. at 0.024 oz per ton Gold - 70 ft. at 0.028 oz per ton Gold - 20 ft. at 0.017 oz per ton Gold (last sample at end of trench) The present strike length of Area 1 is 800 ft. open along strike to both the North and South. Drilling will test the down dip extension of the structure as well as the strike extensions. AREA 3 Road cuts have exposed 45 ft. of 0.027 oz per ton Gold in a structural zone that is hosted by tertiary rhyolite rhyolite, fine-grained light-colored acidic volcanic rock. Rhyolite is chemically the equivalent of granite, and is thus composed primarily of quartz and orthoclase feldspar with subordinate amounts of plagioclase feldspar, biotite mica, amphiboles, and pyroxenes. flows. Geochemical signatures are consistent with distal distal /dis·tal/ (-t'l) remote; farther from any point of reference. dis·tal adj. 1. Anatomically located far from a point of reference, such as an origin or a point of attachment. Sleeper style mineralization. Drilling will begin testing of this new area. The discovery of Area 3 underneath a low level soil anomaly Abnormality or deviation. Pronounced "uh-nom-uh-lee," it is a favorite word among computer people when complex systems produce output that is inexplicable. See software conflict and anomaly detection. has indicated good probability for additional discoveries elsewhere on the property in areas with similar geology and geochemistry geochemistry, study of the chemical changes on the earth. More specifically, it is the study of the absolute and relative abundances of chemical elements in the minerals, soils, ores, rocks, water, and atmosphere of the earth and the distribution and movement of . A detailed report describing both Areas 1 and 3 is being completed at this time. X-Cal's Sleeper Extension Gold Project is located adjacent to the Amax Gold Sleeper mine. -0- Note: X-Cal Resources Ltd. can be referenced through the Standard & Poors Directory. The 1995 Annual Report is available through X-Cal Resources Ltd. CONTACT: Shawn Kennedy, President (604) 662-8245 (604) 932-3954 (Fax) |
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