Leigh Resource - Update on Special Prospecting License 187 West Guadalcanal Island, Solomon Islands.VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--Jan. 7, 1997--Leigh Resource Corpo(VSE See DOS/VSE. VSE - Virtual Storage Extended LRC (Longitudinal Redundancy Check) An error checking method that generates a parity bit from a specified string of bits on a longitudinal track. In a row and column format, such as on magnetic tape, LRC is often used with VRC, which creates a parity bit for each .) Leigh Resource's West Guadalcanal property of some 347 square kilometers, has been subject to a ground survey over part of the area, and the remainder has been covered by a helimag and radiometric survey. An initial ten weeks field season in the Hoilava section of the tenement A comprehensive legal term for any type of property of a permanent nature—including land, houses, and other buildings as well as rights attaching thereto, such as the right to collect rent. was successful in discovering four zones of high level epithermal style gold mineralisation hosted in part within altered limestone and associated sediments. Mineralisation occurs within and associated with major structural features occurring within the tenement, and adjacent to and within areas of past volcanic activity. Stream sediment sampling gave results of up to 1.41 g/t gold in pan concentrate and grab sampling of a trench gave up to 3.30 g/t gold. Mineralisation is known to occur over a strike length of 2 kilometers along a fault zone in the area. The initial prospecting concentrated on the southern section of the zone, towards the lease boundary. Further prospecting will be carried out to the north and east of here, along the direction of the main fault line, where earlier prospecting has shown anomalous a·nom·a·lous adj. 1. Deviating from the normal or common order, form, or rule. 2. Equivocal, as in classification or nature. gold values in stream sediments and widely spread soil sampling. Preliminary results of the helimag/radiometric survey are highly encouraging, with 25 interesting anomalous areas being identified. Some of these areas coincide with known 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. style gold copper mineralisation to the north and east of the Hoilava area, and will be the subject of ground follow up. Leigh Resource Corporation is a Vancouver based junior exploration company with active programs in the Soloman Islands. LEIGH RESOURCE CORPORATION Grayson W. Hand, President -0- The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has neither approved nor disapproved the information contained herein. CONTACT: Leigh Resource Corporation Bill Iny, 604/602-0060 604/331-0885 (FAX) 1-888-355-5656 (North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. ) 1-800-125-623 (Australia) E-Mail - leighvan@axionet.com |
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