North Atlantic Resources Ltd.: Gold Projects, Republic Of Mali; Drilling Results, Kantela Project, Sadiola Area, Western Mali.TORONTO Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing -- Dr. Jon JON Jonah JON Jesus of Nazareth JON Job Order Number JON Johnston Island, US, Outlying Islands (Airport Code) North, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of North Atlantic Resources Ltd.(TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension : NAC See network access control. ) ("North Atlantic") is pleased to report the results from 58 reverse circulation drill holes (a total of 5,300 meters) at Zone 2 and 42 air core holes (a total of 2,812 meters) drilled on widely-spaced reconnaissance  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. targets north of Zone 2. Zone 2 Zone 2 is a 1.5 km long gold in soil geochemical 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. . Previous results indicate that Zone 2 is a 50 m wide zone of disseminated disseminated /dis·sem·i·nat·ed/ (-sem´i-nat?ed) scattered; distributed over a considerable area. dis·sem·i·nat·ed adj. Spread over a large area of a body, a tissue, or an organ. 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. (see press release January January: see month. 14, 2004).The current drilling provides an assessment of the continuity and grade of a 400 m long segment of the zone (sections 7810 to 8210) with drill holes on a 50 x 50 m spacing. Zone 2 is 5 km south of the FE-4 pit at Sadiola Sadiola is a town in north-western Mali, south of Kayes. It is home to the largest gold mine in West Africa, the Sadiola Hill gold mine operated by Anglogold-Ashanti. where the cut off grade used in inferred resource calculations has varied from 0.4 g/t gold in 1999 to 0.7 g/t in 2003 (Technical Report on the Sadiola Gold Mine, Mali, IAMgold Corporation, May 31, 2004 filed on SEDAR SEDAR System for Electronic Document Analysis and Retrieval SEDAR Southeast Data, Assessment, and Review ). Drill intersections with greater than 0.5 g/t gold are emphasized em·pha·size tr.v. em·pha·sized, em·pha·siz·ing, em·pha·siz·es To give emphasis to; stress. [From emphasis.] Adj. 1. in the attached table (see attached drill plan and section maps). The drilling results are set out in the attached table. Interpretation of Zone 2 results Since May 2003, 135 drill holes (11,500 meters) have been completed at Zone 2.The drill holes have consistently intersected granitic gran·ite n. 1. A common, coarse-grained, light-colored, hard igneous rock consisting chiefly of quartz, orthoclase or microcline, and mica, used in monuments and for building. 2. saprolite sap·ro·lite n. Soft, partially decomposed rock rich in clay and remaining in its original place. saprolite containing oxide minerals oxide mineral Any naturally occurring inorganic compound with a structure based on close-packed oxygen atoms in which smaller, positively charged metal or other ions occur. Oxide minerals are common in all rock types, whether igneous, sedimentary, or metamorphic. such as hematite hematite (hĕm`ətīt), mineral, an oxide of iron, Fe2O3, containing about 70% metal, occurring in nature in red to reddish-brown earthy masses and in steel-gray to black crystalline forms. boxworks after pyrite pyrite (pī`rīt) or iron pyrites (pīrī`tēz, pə–, pī`rīts), pale brass-yellow mineral, the bisulfide of iron, FeS2. and scorolite after arsenopyrite arsenopyrite (är'sĭnōpī`rīt, ärsĕn`ō–) or mispickel (mĭs`pĭkəl), silver-white to steel-gray mineral with the metallic luster characteristic of a pyrite. . The mineralogy mineralogy Scientific study of minerals, including their physical properties, chemical composition, internal crystal structure, occurrence and distribution in nature, and origins or conditions of formation. of the Zone and its even gold grade distribution indicates that this is the southernmost "disseminated-type" gold occurrence known on the Sadiola trend. Substantially all of the holes drilled at Zone 2 have been drilled at -50 degrees and have nominal Trifling, token, or slight; not real or substantial; in name only. Nominal capital, for example, refers to extremely small or negligible funds, the use of which in a particular business is incidental. NOMINAL. Relating to a name. lengths of 90 meters, hence, the vertical depth of exploration is limited to 70 meters. The Zone has a strike length of over 200 meters and variable width, with areas more than 50 meters wide grading greater than 0.5 g/t gold and including separate intersections of 38 m @ 1.34 g/t Au on section 8010 and 14 meters @ 2.27 g/t Au on section 8060.Note that on sections 8010 and 8060 the holes terminate Terminate (terminat.exe) was a shareware modem terminal and host program for MS-DOS and compatible operating systems developed from the early to the late 1990s by the Dane Bo Bendtsen. The last release (5. in 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. rock. The results of this phase of drilling warrants a continued program of drilling which will include diamond drill holes to expand the size of this mineralized zone to at least the 100 meter meter, unit of measure meter, abbr. m, fundamental unit of length in the metric system. The meter was originally defined as 1/10,000,000 of the distance between the equator and either pole; however, the original survey was inaccurate and the meter was later depth and to determine its detailed geological ge·ol·o·gy n. pl. ge·ol·o·gies 1. The scientific study of the origin, history, and structure of the earth. 2. The structure of a specific region of the earth's crust. 3. A book on geology. characteristics. In addition, an induced polarization Induced polarization (IP) is a geophysical imaging technique used to identify subsurface materials, such as ore. The method is similar to electrical resistivity tomography, in that an electric current is induced into the subsurface through two electrodes, and voltage is survey has been commissioned to explore the full strike length of the zone and down dip dip, in agriculture, method of treating animals (chiefly livestock) infested with skin parasites such as mites, ticks, and warbles. The animal is dipped into or forced to swim through a tank filled with an insecticide solution. dimensions. Reconnaissance drill holes Forty-two air core holes (2,812 meters) have been completed in two widely separated areas north of Zone 2.Two of the holes contained the following intersections: 2 meters @ 2.33 g/t Au in hole 04-KAC-38 6 meters @ 0.98 g/t Au in 04-KAC-35. The drilling at the Kantela project is being completed by the professional staff of West African West Africa A region of western Africa between the Sahara Desert and the Gulf of Guinea. It was largely controlled by colonial powers until the 20th century. West African adj. & n. Drilling Services.Samples are collected every 2 meters of hole length and homogenized ho·mog·e·nize v. ho·mog·e·nized, ho·mog·e·niz·ing, ho·mog·e·niz·es v.tr. 1. To make homogeneous. 2. a. To reduce to particles and disperse throughout a fluid. b. and split at the drill site.Analabs SARL SARL South African Radio League SARL Société Anonyme à Responsabilité Limitée (French: limited liability company) SARL Salem Animal Rescue League (Salem, NH) SARL Sociedade Anónima de Responsabilidade Limitada is completing the gold analyses at their Kayes Kayes (kāz), town (1993 est. pop. 50,000), W Mali, a port on the Senegal River. It is the administrative and commercial center for a region where peanuts and gum arabic are produced. The town has tanneries and livestock is raised. facility by fire assay-AA on a 50 gram sample charge. Five percent of the submitted samples are internal standards and blanks inserted in·sert tr.v. in·sert·ed, in·sert·ing, in·serts 1. To put or set into, between, or among: inserted the key in the lock. See Synonyms at introduce. 2. by the Company for laboratory quality control. The technical information contained in this release and the technical work is being supervised su·per·vise tr.v. su·per·vised, su·per·vis·ing, su·per·vis·es To have the charge and direction of; superintend. [Middle English *supervisen, from Medieval Latin by Jon North, Ph.D., P. Geo., who is a Qualified Person as defined by National Instrument 43-101. North Atlantic is engaged in the research, area selection, acquisition, and exploration of gold deposits in the Republic of Mali, west Africa West Africa A region of western Africa between the Sahara Desert and the Gulf of Guinea. It was largely controlled by colonial powers until the 20th century. West African adj. & n. . North Atlantic has 17,001,510 common shares issued and outstanding (23,323,049 on a fully diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. basis).
Drilling results Kantela Zone 2
The sections are listed from south to north.
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Drill Hole Section from (m) to (m) width (m) g/t Au Total
(northing) Length
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04 -KRC -65 7810 NSV 90
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04 -KRC -64 7810 NSV 72
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04 -KRC -63 7810 40 44 4 1.02 90
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04 -KRC -62 7810 NSV 90
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04 -KRC -61 7810 44 46 2 3.33 90
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54 56 2 0.53
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74 76 2 0.51
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86 88 2 0.51
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04 -KRC -60 7810 NSV 90
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04 -KRC -54 7860 NSV 90
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04 -KRC -55 7860 0 28 28 0.19 90
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44 46 2 0.53
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04 -KRC -56 7860 NSV 90
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04 -KRC -57 7860 NSV 90
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04 -KRC -58 7860 32 48 16 1.02 90
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04 -KRC -59 7860 NSV 90
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04 -KRC -53 7910 NSV 90
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04 -KRC -52 7910 NSV 90
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04 -KRC -51 7910 44 46 2 0.54 90
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03 -KRC -01 7910 10 28 18 0.56 120
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82 120 38 0.62
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03 -KRC -13 7910 30 90 60 .68 90
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including 32 36 4 1.19
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42 48 6 1.77
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80 90 10 1.13
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04 -KRC -50 7910 NSV 90
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04 -KRC -12 7960 NSV 100
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04 -KRC -13 7960 NSV 100
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04 -KRC -14 7960 0 28 28 0.31 100
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28 72 44 0.52
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04 -KRC -15 7960 0 100 100 0.41 100
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including 6 20 14 0.61
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64 70 6 0.66
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04 -KRC -16 7960 0 100 100 0.36 100
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including 4 40 36 0.65
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including 6 32 26 0.76
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14 24 10 1.16
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04 -KRC -17 7960 12 14 2 1.45 100
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44 100 56 0.92
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including 46 74 28 1.07
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and 88 100 12 1.03
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04 -KRC -18 7960 26 66 40 0.35 72
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including 26 32 6 0.48
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and 58 66 8 0.54
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04 -KRC -20 8010 44 46 2 1.64 100
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04 -KRC -19 8010 12 30 18 0.90 100
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including 22 30 8 1.53
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04 -KRC -49 8010 4 42 38 0.56 90
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including 4 22 18 0.64
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03 -KRC -19 8010 0 90 90 .86 90
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including 52 90 38 1.19
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03 -KRC -29 8010 0 90 90 .83 90
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including 38 76 38 1.34
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03 -KRC -30 8010 32 34 2 .62 90
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04 -KRC -21 8060 10 24 14 2.27 100
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including 10 14 4 4.90
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and 20 24 4 2.83
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62 70 8 0.75
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04 -KRC -22 8060 2 40 38 0.78 78
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including 2 10 8 1.67
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30 40 10 1.07
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54 60 6 0.52
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04 -KRC -23 8060 0 100 100 0.61 100
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including 12 60 48 0.70
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including 12 18 6 1.07
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and 80 100 20 0.88
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including 80 90 10 1.25
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04 -KRC -24 8060 14 84 70 0.87 84
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including 14 38 24 1.39
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including 32 38 6 2.96
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54 64 10 0.50
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80 84 4 3.54
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04 -KRC -25 8060 6 14 8 0.74 100
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38 48 10 0.68
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66 92 26 0.57
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04 -KRC -45 8110 84 86 2 2.16 96
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04 -KRC -46 8110 NSV 90
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04 -KRC -47 8110 64 72 8 0.49 84
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04 -KRC -48 8110 60 74 14 1.41 90
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including 60 68 8 2.17
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04 -KRC -26 8160 NSV 100
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04 -KRC -27 8160 NSV 90
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04 -KRC -28 8160 NSV 90
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04 -KRC -29 8160 NSV 90
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04 -KRC -30 8160 NSV 90
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04 -KRC -31 8160 NSV 90
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04 -KRC -32 8160 NSV 90
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04 -KRC -33 8160 NSV 90
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04 -KRC -34 8160 NSV 82
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04 -KRC -35 8160 NSV 90
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04 -KRC -36 8160 NSV 100
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04 -KRC -37 8160 18 20 2 4.82 100
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26 30 4 0.64
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04 -KRC -38 8160 20 22 2 0.52 100
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78 82 4 0.61
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04 -KRC -39 8160 50 62 12 1.05 100
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96 98 2 0.51
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04 -KRC -40 8160 36 40 4 0.66 100
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82 90 8 2.26
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04 -KRC -41 8160 8 10 2 0.62 92
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88 92 4 3.76
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04 -KRC -66 8210 NSV 60
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04 -KRC -67 8210 58 66 8 1.33 90
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68 72 4 0.57
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78 80 2 1.3
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04 -KRC -68 8210 46 50 4 0.78 90
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54 58 4 1.71
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88 90 2 2.4
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04 -KRC -69 8210 62 72 10 1.16 90
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04 -KRC -70 8210 NSV 90
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04 -KRC -71 8210 NSV 90
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04 -KRC -72 8210 NSV 90
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Notes:
1.NSV means no significant values
2.Coordinates in UTM Zone 29, WGS 84 datum
3.The hole sequence in each section starts with the westernmost hole
4.04-KRC series holes were drilled at -50 degrees grid west, collars
are spaced 50 meters apart
5.03-KRC series holes were drilled at -50 degrees grid east, those
results were described in prior press releases
Please visit http://www2.cdn-news.com/database/fax/2000/Kantela.pdf to view maps and more project details This press release was prepared by North Atlantic resources Ltd. and no regulatory authority Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities has approved or disapproved the information contained herein. |
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