Rich find for Birim Goldfields in Ghana.MONTREAL--(BUSINESS WIRE)--Nov. 13, 1995--BIRIM GOLDFIELDS n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. (CANADIAN DEALING NETWORK Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. :BIRM BIRM Biological Immune Response Modulator BIRM Bridge Inspector's Reference Manual BIRM Beijing Institute of Radio Metrology and Measurement BIRM.WT) Birim Goldfields' Dunkwa property is living up to expectations. Assay results obtained for the remaining 13 holes of a recently announced (Nov. 7 1995) reverse-circulation drill program on the Mampon prospect confirm the presence of an impressive width of gold-bearing sulphide sulphide: see sulfide. mineralisation containing several high-grade intersections. Virtually continuous mineralisation is encountered in a total of four successive holes spaced at 25 metre intervals along the same line and drilled to a vertical depth of 50 metres from surface. These latest results have allowed Birim to increase the true thickness of the gold mineralisation from 21 metres grading 2.5 g/t Au, as announced last November 7th, to a true width now established at 45 metres grading 6.34 g/t Au. Of particular importance and indicative of the underlying potential of the Mampon prospect is the fact that the two central holes bottomed in high-grade gold mineralisation (15.83 g/t Au over 13.0 metres and 14.77 g/t Au over 8.0 metres). Two other series of holes were drilled 200 metres north and south of the discovery holes. The presence of steady low values in the northern section and the absence of values in the southern section would appear to indicate that the mineralisation is contained in a northward north·ward adv. & adj. Toward, to, or in the north. n. A northern direction, point, or region. north plunging structure. This interpretation is consistent with the surface geochemical pattern and corresponds to the structural style of other mineralised zones encountered elsewhere on the Ashanti Belt. Given the sulphide nature of the mineralisation, Birim intends to proceed immediately with a follow-up 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 program which will have as its objective the confirmation of values thus far obtained as well as the testing of the lateral and vertical extension of this impressive zone. This drilling program is slated to begin on the 14th of November and will include further diamond drill investigation of the adjacent Aboronye zone where a similar style of mineralisation was previously reported (September 27, 1995). The Company's Dunkwa Prospecting Licences cover a contiguous area of 230 sq.km. along the Ashanti Gold belt. The property straddles a 45 km strike zone of highly favourable geological formations and structures identical with those hosting the Ashanti Goldfields mine to the north and Gencor's Bogosu mine to the south. Birim's common shares and series "B" warrants trade on the Canadian Dealing Network (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ), Canada's national over the counter market, under the symbols BIRM and BIRM.WT. CONTACT: Denis Denis, king of Portugal: see Diniz. Simoneau or Stuart Lee 514/393-8611 514/393-1158 (fax) |
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