Laminco - gold and copper deposits at San Antonio property.VANCOUVER, BC--(BUSINESS WIRE)--Oct. 5, 1995-- Laminco Resources Inc. updates the status of its exploration program at its property in the San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. mining district in eastern Sonora, Mexico. Surface exploration and drilling conducted to date by Laminco on approximately 5 square miles A square mil is a unit of area, equal to the area of a square with sides of length one mil. A mil is one thousandth of an international inch. This unit of area is usually used in specifying the area of the cross section of a wire or cable. of its 150 square mile property indicates that multiple pulses of mineralizing fluids of differing composition have deposited several distinct deposits of gold and of copper. The current on-going geologic mapping, geochemical sampling and drilling program is being conducted to determine the number and size of these deposits. The 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. occurs in structurally controlled brecciated brec·ci·ate tr.v. brec·ci·at·ed, brec·ci·at·ing, brec·ci·ates To form (rock) into breccia. brec sedimentary rocks (Geol.) See See also: Sedimentary at the intersections of major faults. Only the Central California Central California can refer to one of several divisions or regions of the U.S state of California:
tr.v. de·lin·e·at·ed, de·lin·e·at·ing, de·lin·e·ates 1. To draw or trace the outline of; sketch out. 2. To represent pictorially; depict. 3. the Central California zone. Gold mineralization from diamond drill core across the Central California brecciated sedimentary zone averaged 0.045 ounces of gold per ton over 339 feet which is the approximate north - south width of the zone. Prior drilling had delineated this zone for approximately 600 feet on an east - west axis. Surface exploration, in the five central square mile area, has identified numerous additional gold targets with large surface expression. As part of the current program a number of these targets will be drilled. In addition, results from wide spaced drilling at El Tigre El Tigre is a city in the eastern Venezuelan state of Anzoátegui. This city is the shire town of the Simón Rodríguez Municipality and, according to the 2001 Venezuelan census, the municipality has a population of 147,800. , which were reported on October 2, 1995, give an indication of a potential major disseminated copper deposit similar to many of those in northern Mexico and Arizona. More drilling is required to determine the full copper potential, but early drilling results indicate that the explored area may host a series of large relatively flat lying enriched copper deposits in a porphyry Porphyry, Greek scholar Porphyry (pôr`fĭrē), c.232–c.304, Greek scholar and Neoplatonic philosopher. He studied rhetoric under Cassius Longinus and philosophy under Plotinus. copper environment. In summary, management considers the exploration results to extremely favourable. The potential occurrence of separate multiple major gold and copper deposits could transform this area into a large mining district. Many large intersections of gold and copper mineralization have been encountered in the early stage drilling program on a small percentage of the property. Laminco is continuing an aggressive drilling program with two drills to evaluate the gold and copper targets outlined as well as a surface exploration program to develop additional targets on the remaining 95% of its property. The new discovery greatly enhances the potential of the San Antonio mining district for Laminco and its shareholders. With two drills operating, Laminco expects further drill results will be available in the near future. LAMINCO RESOURCES INC. Kelsey L. Boltz President and C.E.O. CONTACT: LAMINCO RESOURCES INC. 604/684-6508 604/682-6508 (Fax) |
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