EuroZinc Announces High Grade Copper - Zinc Intersections from Zambujal Orebody at Neves-Corvo.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- EuroZinc Mining Corporation (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :EZM) (the "Company") is pleased to announce selected high grade copper and zinc intersections of its undeveloped Zambujal orebody. The Zambujal orebody is one of five polymetallic massive sulphide sulphide: see sulfide. orebodies comprising the company's wholly owned Neves-Corvo mine in southern Portugal. Highlights from the underground diamond drill program at the Zambujal orebody are provided in the table below.
Selected high grade copper - zinc intersections from the Zambujal
orebody, Neves-Corvo mine
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True
Drill From To Interval Width Mineral Cu Pb Zn
Hole Metres Metres Metres Metres Type % % %
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FZ198 147.75 150.00 2.25 2.00 Stockwork 10.59 0.08 0.40
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FZ131 84.00 91.90 7.90 7.70 Stockwork 3.64 0.20 1.05
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FZ107 62.00 76.00 14.00 13.40 Massive
Sulphide 0.54 1.29 6.64
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FZ306 159.00 182.70 23.70 16.40 Massive
Sulphide 24.80 0.14 7.78
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FZ286 116.00 127.30 11.30 8.50 Massive
Sulphide 4.15 0.63 2.28
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FZ290 94.00 99.00 5.00 4.50 Massive
Sulphide 6.46 0.20 1.56
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FZ291 73.00 82.00 9.00 7.50 Massive
Sulphide 4.99 0.17 1.27
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FZ295 47.00 60.00 13.00 10.90 Massive
Sulphide 5.92 0.18 1.87
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FZ301 75.00 93.00 18.00 15.90 Massive
Sulphide 13.51 0.30 8.68
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FZ305 76.15 87.10 10.95 10.60 Massive
Sulphide 5.69 0.35 2.58
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FZ314 108.00 119.00 11.00 10.30 Massive
Sulphide 6.91 1.18 1.76
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FZ314 146.00 155.00 9.00 8.50 Massive
Sulphide 0.49 0.45 7.25
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FZ303 138.60 144.00 5.40 5.40 Massive
Sulphide 4.54 0.42 3.68
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FZ278 157.00 169.00 12.00 12.00 Massive
Sulphide 4.61 0.88 5.12
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The infill in·fill n. 1. The use of vacant land and property within a built-up area for further construction or development, especially as part of a neighborhood preservation or limited growth program. 2. drill program, while focussed on upgrading inferred resources to the indicated category and defining the limits of the deposit, has identified higher grade copper and zinc zones within the orebody, which remains open to the southeast. For a complete table of drill intersections and a plan map showing their location, please visit the company website at www.eurozinc.com. Joao Carrelo, the newly appointed Managing Director of Somincor regarded this "welcoming gift" as "confirmation of the tremendous potential of the Neves-Corvo deposit which continues to deliver high grade 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. as the company pursues a strong exploration program within the mine lease and the extensive surrounding exploration concessions. The 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 and underground development program at Zambujal will continue through 2005 with production from this orebody scheduled in 2006." The orebody is located above the main haulage level in the mine and therefore the ore will not need to be handled by the underground conveying system. At present it is estimated that the current mineral resource at Zambujal will provide at least 10% of Neves-Corvo's copper production for the next 10 years. An update on the contribution of this orebody will be determined when this phase of the drilling program is complete and the year end mineral resource estimate is completed. EuroZinc Mining Corporation is a Canadian based company engaged in the acquisition, exploration, development and mining of base metal deposits internationally. Garnet L. Dawson, P.Geo. is Vice-President of Exploration for EuroZinc Mining Corporation and the designated Qualified Person for Mineral Resource estimates at the Neves Corvo Mine. He has reviewed the drilling, quality assurance - quality control, and data verification programs that were used in this estimate. Drill core samples are analyzed an·a·lyze tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es 1. To examine methodically by separating into parts and studying their interrelations. 2. Chemistry To make a chemical analysis of. 3. at the company's fully accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. 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. mine site laboratory by x-ray fluorescence X-ray fluorescence (XRF) is the emission of characteristic "secondary" (or fluorescent) X-rays from a material that has been excited by bombarding with high-energy X-rays or gamma rays. (copper, lead, zinc, sulphur, iron, tin, arsenic arsenic (är`sənĭk), a semimetallic chemical element; symbol As; at. no. 33; at. wt. 74.9216; m.p. 817°C; (at 28 atmospheres pressure); sublimation point 613°C;; sp. gr. (stable form) 5.73; valence −3, 0, +3, or +5. , antimony antimony (ăn`tĭmō'nē) [Lat. antimoneum], semimetallic chemical element; symbol Sb [Lat. stibium,=a mark]; at. no. 51; at. wt. 121.75; m.p. 630.74°C;; b.p. 1,750°C;; sp. gr. (metallic form) 6. and bismuth bismuth (bĭz`məth) [Ger. Weisse Masse=white mass], metallic chemical element; symbol Bi; at. no. 83; at. wt. 208.9804; m.p. 271.3°C;; b.p. about 1,560°C;; sp. gr. 9.75 at 20°C;; valence +3 or +5. ), electrogravimetry (copper), or atomic absorption (silver, mercury). Samples with greater than 2 % copper are re-analyzed by electrogravimetry. Certain of the information contained herein constitutes "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. " within the meaning of the Private Litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. Reform Act of 1995 of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of EuroZinc Mining Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, metal price volatility, economic and political events affecting metal supply and demand, fluctuations in ore grade Ore grade is a measure that describes the concentration of a valuable natural material (such as metals or minerals) in its surrounding ore. Ore grade is used to assess the economic feasibility of a mining operation: the cost of extracting a natural material from its ore is directly , tonnes of ore milled, geological, technical, and mining or processing problems. Although EuroZinc Mining Corporation has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause actual results not to be anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, prospective investors should not place undue reliance on forward-looking statements. The TSX has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. EuroZinc Mining Corporation (TSX:EZM) |
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