Plexmar Resources Inc.: Field Work Update.QUEBEC CITY, Quebec -- Plexmar Resources Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:PLE PLE protein losing enteropathy. ), wishes to inform its shareholders that field work is progressing on its Bolsa del Diablo property. Mapping, sampling and trenching is currently on-going. Over 100 samples are currently being assayed at ALS Als (äls), Ger. Alsen, island, 121 sq mi (313 sq km), Sønderjylland co., S Denmark, in the Lille Bælt, separated from the mainland by the narrow Alensund. Chemex Laboratories in Lima. Results will be released very shortly. Detailed sampling and mapping is currently taking place on a scale of 1:2000 over an area covering over at least 4 km2 which is characterized by low to intense silica and clay hydrothermal alteration.Once the alteration area is clearly defined, a ground geophysics test will be carried out to verify the response to 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. and anomalies will be drilled. Grab, chip and channel samples were taken in pits, trenches in vein type material, intrusive and volcanic rocks over a large area. All artisan workings are being mapped and sampled. Native gold has been spotted in numerous samples. On the Angolos and Molinetes concessions, veins being mined by artisan miners are ranging from 0.10m to 3.0m in width with a 5 to 10 meters spacing. The trenches and pits are as deep as 40 metres in some areas. Heavily altered and fractured stockwork, grading up to 2 g/t Au, is present between the veins. The workings actually cover an area of 4km2 on the Angolos and Molinetes concessions and are presently expanding on Plexmar 100% owned adjacent concessions. According to geologists, in one area covering over 115,000 sq.m, some 150 artisan pits are dug so close together that a resource calculation could be done after receiving assays and evaluating grade and vein continuity. Plexmar controls over 220 km2 of land in Northern Peru near the border with Ecuador. Over 400 artisan miners are pulling gold on a daily basis from trenches or pits located on Plexmar's properties. Most of the miners are located on the Angolos and Molinetes concessions which are both under 100% earn-in options. Artisan workings are now found on adjacent 100% owned properties. In 2005, sixty four rock samples were collected over a length of 2km, including chip, channel, grab rock samples from outcrop as well as dump samples from artisan workings. Three mineralization styles were sampled: 1) quartz veins from artisan workings, 2) argillically altered dacite da·cite n. A light gray volcanic rock containing a mixture of plagioclase and other crystalline minerals in glassy silica, similar in appearance to rhyolite. [After Dacia. with minor quartz veining vein·ing n. Distribution or arrangement of veins or veinlike markings. , and 3) highly 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. unaltered dacite. Gold values ranged from background to 119 g/t gold. The high value was from a selected grab sample of quartz vein material taken at the dump of an artisan working. Argillically altered dacite returned assay values typically under 2 g/t gold, and represent a low grade high tonnage potential in the area. Guy Bedard, acted as the QP for the preparation of this press release. 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. Plexmar Resources Inc. (TSX VENTURE:PLE) |
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