Pacific Cascade Intersects 0.136% Molybdenum Over 26.87 Meters With 0.306% Over 9.47 Meters.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 -- Pacific Cascade Minerals Inc. announces the results from the first three drill holes completed on the Crack Moly moly herb given by Hermes to Odysseus to ward off Circe’s spells. [Gk. Myth.: Odyssey] See : Protection Project located northeast of Harrison Lake Harrison Lake is the largest lake in the southern Coast Mountains of Canada, being about 250 square kilometres in area. It is about 60 km in length and at its widest almost 9 km across. Its southern end, at the resort community of Harrison Hot Springs, is c. , BC. These holes are the first three of nine holes completed during the Phase I and partially completed Phase II drill programs. The holes were drilled to test the eastern margins of a deep-seated conductive conductive having the quality of readily conducting electric current. conductive flooring flooring or floor covering made specially conductive to electrical current, usually by the inclusion of copper wiring that is earthed zone defined by the Company's 2005 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 (IP) survey, which indicates chargeable zones extending to depths of approximately 500-600 metres below surface. All holes successfully intersected molybdenite molybdenite (məlĭb`dənīt, mō–), a mineral, molybdenum disulfide, MoS2, blue-gray in color, with a metallic luster and greasy feel. 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. occurring as disseminations, fracture filling, quartz-molybdenite veins and coarse-grained rosettes. Significant results were obtained from hole CM07-03 which returned a weighted average of 0.044% Mo over 233.25 metres and includes high-grade intercepts of 0.136% Mo over 26.87 metres and 0.306% Mo over 9.47 metres. The remaining six holes of this summer's drill program are currently in the lab pending assay. These nine completed drill holes cover a strike length of approximately 700 metres. Preliminary indications suggest that the mineralization is increasing to both the north and west, approaching the deep conductive zones that will be the focus of the next phase of 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 .
A summary of the significant results is presented in the
accompanying table.
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Hole No. From (m) To (m) Length (m) Mo (%) W (%)
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CM07-01 121.95 124.55 2.60 0.109
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187.41 343.51 156.1 0.035
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including 221.59 223.59 2.00 0.386
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including 290.90 305.08 14.18 0.141
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including 301.81 304.80 2.99 0.437
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including 336.90 337.41 0.51 1.426
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CM07-02 29.78 30.84 1.06 0.114
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129.15 130.15 1.00 0.219
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CM07-03 1.25 234.50 233.25 0.044
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36.20 41.17 4.97 0.183
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including 37.20 40.15 2.95 0.300
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64.77 90.53 25.76 0.080
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132.73 159.60 26.87 0.136
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including 140.22 149.69 9.47 0.306
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including 142.65 143.16 0.51 3.320
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202.13 204.10 1.97 0.117
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Notes:
- core size is BQTK (equivalent to B-thinwall).
- sample intervals are generally 1.0-2.0 metres in length.
- values reported are from ICP and assay data by Eco Tech Labs
in Kamloops, BC and are core length intercepts, not true
width. Values reported are Mo, not MoS2 and all samples
reporting (greater than)500ppm from ICP analysis are assayed.
The molybdenite mineralization is found in all lithologies intersected to date and includes granodiorite granodiorite Medium- to coarse-grained rock that is one of the most abundant intrusive rocks. It contains quartz and is distinguished from granite by having more plagioclase feldspar than orthoclase feldspar; its other mineral constituents include hornblende, biotite, and , quartz-feldspar 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. , and both monolithic and heterolithic breccias. Hole CM07-01 was collared as a vertical hole to test both near surface and deeper IP chargeability anomalies and was drilled to a final depth of 343.51 metres. The hole intersected weaker zones of molybdenite in the upper portion of the hole with broad zones of elevated molybdenite in the lower half of the hole. Best results are from the interval 187.41-343.5 metres which assayed 0.035% Mo over 156.09 metres, including 14.18 metres grading 0.141% Mo from 290.90-305.08 metres. Local sample intervals reported anomalous tungsten including 0.368% W over 2.00 metres. Hole CM07-02 was collared from the same setup at an azimuth azimuth (ăz`əməth), in astronomy, one coordinate in the altazimuth coordinate system. It is the angular distance of a body measured westward along the celestial horizon from the observer's south point. of 220 degrees and a dip of -65 degrees; the hole was drilled to a final depth of 255.12 metres. The hole targeted the centre of a zone of high resistivity resistivity Electrical resistance of a conductor of unit cross-sectional area and unit length. The resistivity of a conductor depends on its composition and its temperature. ; the southern edge of this same resistivity target was tested by hole CM07-01. The hole failed to return any broad zones of molybdenite mineralization but did intersect In a relational database, to match two files and produce a third file with records that are common in both. For example, intersecting an American file and a programmer file would yield American programmers. narrower zones of higher-grade molybdenite with assays of 0.114% and 0.219% Mo over 1.00 and 1.06 metres respectively. Hole CM07-03 was collared approximately 350 metres east-northeast of holes CM07-01&02 at an azimuth of 180 degrees and a dip of -65 degrees and drilled to a the final length of 323.70 metres. Multiple zones of both high and low-grade molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. mineralization were intersected throughout the hole. The interval from 1.25-234.5 metres assayed 0.044% Mo over 233.25 metres and includes 0.136% Mo over 26.87 metres and 0.306% Mo over 9.47 metres. One high-grade sample assayed 3.320% Mo over 0.51 metres. Additional conductive zones are indicated approximately 200 metres below the bottom of the hole, the company intends on testing this target at a later date with a larger drill. The casing was left in holes CM07-01 and CM07-03 so that these holes can be extended to test deeper-seated conductive zones that exceeded the depth capability of the drill rig used in the recently completed program. Mr. Wesley Raven P.Geo., is the qualified person for this project and has reviewed and verified the contents of this news release. For more information, please visit www.pacificcasacade.ca. ON BEHALF OF THE BOARD OF DIRECTORS, "Harold Forzley" Harold Forzley President / 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. Pacific Cascade Minerals Inc. 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. has not reviewed and does not accept responsibility for the adequacy or the accuracy of this news release. We seek Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. . |
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