Full Metal Announces 2006 Exploration Program at Lucky Shot.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 -- Full Metal Minerals (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:FMM FMM Federation of Malaysian Manufacturers FMM Fast Multipole Method FMM Franciscan Missionaries of Mary (religious order) FMM Fast Marching Method (computer graphics) FMM Financial Management Manual ) is pleased to announce the details of its 2006 Exploration Program for the 100% owned Lucky Shot project, located 90 km north of Anchorage, Alaska. Commencing in late April 2006, Full Metal plans to drill a minimum of 10,000 meters in approximately 60 diamond drill holes. In the summer of 2005, the Company discovered a high-grade extension of the historic Lucky Shot Shear (see FMM 2005 - NR #16). Lucky Shot Highlights: - 2005 Intercepts include 219.1 g/t Au over 4.0 meters true width and 62.23 g/t Au over 3.05 meters true width - Extension to past-producing mine with 250,000 oz. produced at an average grade of 1.5 oz/ton Au(1) - Lucky Shot Shear open to expansion in multiple directions - Multiple undrilled gold-bearing structures throughout property - Potential for 'stacked structures' - Road access with power and infrastructure nearby 1. Compiled from Company and Alaska Department of Mines Records from 1921 to 1940. The primary objectives for the 2006 Exploration Program are to delineate the Lucky Shot shear in the vicinity of the 2005 drilling with the objective of producing a NI43-101 compliant Resource Estimation, and to expand the extent of 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. to the west and northwest. Drill holes completed by Full Metal as well as historic drill holes have all intersected the Lucky Shot Shear approximately 250m (820ft) up-dip of the historic workings and 250m (820ft) along strike. Additionally, other structures will be drill tested, including: the Dewitt Vein, Hope Vein and Nippon Vein. Full Metal will also commence environmental baseline and engineering studies. The Lucky Shot project is located in the historic Willow Creek Willow Creek may refer to: In Christianity:
Gold-bearing structures at Lucky Shot occur within a granitoid batholith batholith, enormous mass of intrusive igneous rock, that is, rock made of once-molten material that has solidified below the earth's surface (see rock). Batholiths usually are granitic (see granite) in composition, have steeply inclined walls, have no visible floors, , similar to the Grass Valley deposits in the famous Motherlode Camp, California. Historic mining exploited shallow-dipping, one to two meter wide gold-bearing quartz veins, however the recent drilling has revealed the veins occur within wider shear zones, with an average true width of three to five meters. These shears are comprised of 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. cataclasites and altered granite, as well as quartz veins with strong visible gold and telluride Telluride (tĕl`yərīd), town (1990 pop. 1,309), seat of San Miguel co., SW Colo., on the San Miguel River in the San Juan Mts., inc. 1887. mineralization with minor amounts of sulphides. Full Metal completed surface sampling on additional 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. structures on the Lucky Shot Property during the 2005 program. A single grab sample Noun 1. grab sample - a single sample or measurement taken at a specific time or over as short a period as feasible sample - a small part of something intended as representative of the whole of mineralized material from an old dump at the Nippon Vein, located 6km east of Lucky Shot averaged 56.6 g/t Au. A channel sample within a steeply dipping fault zone located south of the Nippon Vein averaged 2.69 g/t Au over 6.1m, confirming the potential for a mineralized feeder system. Full Metal's 2006 exploration program will be supervised by Robert McLeod, P.Geo., Vice President Exploration, for Full Metal Minerals Ltd., and a qualified person as defined by NI 43-101. Analysis will be performed by ALS-Chemex Labs of Vancouver, B.C. A sample quality control/quality assurance program will be implemented. Further information from Lucky Shot including maps and cross sections can be viewed on Full Metal's website at www.fullmetalminerals.com. Full Metal Minerals will be announcing further plans for the 2006 field season in Alaska, including a minimum of six diamond drill programs totaling $6 million in exploration. The Company has Joint Venture agreements with Metallica Resources, Triex Minerals Corp., and Fury Explorations. ON BEHALF OF THE BOARD OF DIRECTORS Michael Williams, President and Director 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. does not accept responsibility for the ad equacy or accuracy of this release. Full Metal Minerals Ltd. (TSX VENTURE:FMM) |
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