SKN Resources Ltd.: New Bonanza Ag-Pb-Zn Vein S2 Discovered.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 -- SKN SKN St. Kitts & Nevis (Caribbean) SKN Skeen SKN Spezial Kommando Nord (gaming clan) SKN Stock Keeping Number Resources Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:SRL 1. SRL - Bharat Jayaraman. ["Towards a Broader Basis for Logic Programming", B. Jayaraman, TR CS Dept, SUNY Buffalo, 1990]. 2. SRL - Schema Representation language. 3. SRL - Structured Robot Language. C. Blume & W. Jacob, U Karlsruhe. ) S14, S16E, and S16W Veins Continue showing Bonanza Bonanza saga of the Cartwright family. [TV: Terrace, I, 111–112] See : Wild West Grades at the Ying Silver Project, Henan Province, China SKN Resources Ltd. ("SKN") is pleased to provide a progress report on the Company's high-grade Ying Silver Project, Henan Province, China for the months of November and December 2004: - A total of 738 metres ("m") of drifting, 284 m of declines and raises and 540 m of underground drilling were completed. - A new bonanza silver (Ag)-lead (Pb)-Zinc (Zn) vein, S2, was discovered which contains massive galena galena (gəlē`nə) or lead glance, lustrous, blue-gray mineral crystallizing usually in cubes, sometimes in octahedrons. It is the most important ore and the principal source of lead. sheets (MGS MGS Mars Global Surveyor MGS Metal Gear Solid MGS Microsoft Game Studios MGS Ministry of Government Services (Ontario, Canada) MGS Maryland Geological Survey MGS Malaysian Government Securities MGS Minnesota Geological Survey ) up to 0.9 m in thickness with extremely high Ag and Pb grades. - At present 10 veins, S1, S2, S4, S5, S6, 14, S16E, S16W, S17 and S22 can be accessed through main tunnels CM103 and CM102. - Tunnel CM102 is expected to 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. veins S7 and S8 by advancing a further 30 m and 210 m respectively (see "tunnel plan map" on www.sknresources.com). - Newly completed drifts along the previously reported S14, S16E and S16W veins (see October 6th and November 8th, 2004 Press Releases), have shown excellent continuity of high grade MGS. - The most significant interval from newly completed drifts was from the S14 Vein, returning 4,780 gram per tonne tonne measure of weight or mass; 1 tonne=1000 kg. See also ton. (g/t) or 153.68 ounce per tonne (oz/t) Ag and 76.54% Pb. This equates to 257.84 oz/t of Ag-equivalent grade over 0.3 m width (calculated throughout on the basis of US$6.5/oz Ag, US$0.40/lb for Pb, and US$0.45/lb for Zn). S2 Vein The S2 vein was previously mapped by surface trenching and limited tunneling tunneling, quantum-mechanical effect by which a particle can penetrate a barrier into a region of space that would be forbidden by ordinary classical mechanics. . The vein structure extends northeasterly north·east·er·ly adj. 1. Situated toward the northeast. 2. Coming or being from the northeast. north·east over 1.15 kilometres (km) and dips steeply to the southwest, like the S14 vein. The S2 vein was intersected at 496 m elevation elevation, vertical distance from a datum plane, usually mean sea level to a point above the earth. Often used synonymously with altitude, elevation is the height on the earth's surface and altitude, the height in space above the surface. by a 100 m decline driven from the 549 m elevation of CM103. 103 m drifting was then completed along the vein. The MGS in the S2 vein shows excellent continuity, as is represented by the rate of 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. : MGS is exposed and confirmed by assay in 87 m of the 103 m completed drift,- an 84% rate of MGS mineralization along strike with widths ranging from 0.15 m to 0.90 m. The assay results average about 3921g/t or 126.06 oz/t Ag-equivalent grade with an average width of 0.43m. Further drifting is being completed on the S2 vein to test its extension. S14 Vein During the last two months, exploration work on the S14 vein included 240 m of drifting along the 518 m elevation and a 20 m raise on the 555 m elevation. The MGS in the S14 vein continues to show good continuity / high rate of mineralization: MGS is exposed and confirmed by assay in 744 m of the 1,095 m of drifting completed along S14 vein on three different levels - a 68% rate of MGS mineralization. The rate of mineralization / continuity of MGS appears to increase with depth from about 45.3% at the 555 m elevation to 85.6% (431 m of MGS over a 504 m drift) at the lowest drift on the 518 m elevation. The acuminated average silver equivalent grade along 744 m accumulated ac·cu·mu·late v. ac·cu·mu·lat·ed, ac·cu·mu·lat·ing, ac·cu·mu·lates v.tr. To gather or pile up; amass. See Synonyms at gather. v.intr. To mount up; increase. length of MGS in the S14 vein is 4,101 g/t or 131.81 oz/t with an average width of 0.42 m (see "S14 vein longitude longitude (lŏn`jĭt  d'), angular distance on the earth's surface measured along any latitude line such as the equator east or west of the prime meridian. section" and photos at
www.sknresources.com).Five underground drill holes totaling 540 m have been completed from the 518 m elevation to test the S14 down-dip MGS continuity at the 480 m and 440 m elevations. All five holes intersected MGS, with results to be reported to be spoken of; to be mentioned, whether favorably or unfavorably. See also: Report when available. Continuing exploration work on the S14 vein includes: drifting southward south·ward adv. & adj. Toward, to, or in the south. n. A southward direction, point, or region. south at the 518 m elevation to trace its south extension; completing a decline from the 518 m elevation to the 470 m elevation to develop drifts at that level; and further underground drilling to test extension of the S14 MGS at greater depth. S16E and S16W Veins S16E and S16W are two north-striking and east-dipping veins that were originally mapped as two branches of the S16 vein, merging to single vein at about 50 m north of CM102. The MGS in the two veins also shows excellent continuity: MGS is exposed and confirmed by assay in 516 m of the 671 m of drifting on the two veins at the 555 m elevation - a 76.9% rate of mineralization. The MGS materials from the two veins continue to show excellent Ag, Pb and Zn grades (see Table below) and higher zinc zinc, metallic chemical element; symbol Zn; at. no. 30; at. wt. 65.38; m.p. 419.58°C;; b.p. 907°C;; sp. gr. 7.133 at 25°C;; valence +2. Zinc is a lustrous bluish-white metal. It is found in Group 12 of the periodic table. grades relative to the other veins. The acuminated average silver equivalent grades for MGS in the S16E are 3,465 g/t (111.41 oz/t) over an average width of 0.42m, and for the S16W are 2621 g/t (84.26 oz/t) over an average width of 0.37m.
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Dist-
ance
South Ag Ag
Minera- Elev- (North) Wid- Equiv. Equiv.
lized ation of th Ag Ag Pb Zn (g/t) (oz/t)
Vein (m) CM103 (m) (g/t) (oz/t) (%) (%) (i) (i)
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S2 496 -107.3 0.4 2212 71.13 17.44 17.53 3780 121.5
-111.3 0.25 2062 66.28 11.1 19.03 3433 110.38
-104 0.5 590 18.96 16.44 8.66 1695 54.48
-99.2 0.5 3511 112.87 8.96 8.57 4295 138.1
-95.8 0.5 1975 63.49 1.93 3.22 2209 71.03
-89.5 0.2 1664 53.51 60.31 7.94 4586 147.45
-86 0.3 1893 60.85 31.28 14.51 3901 125.43
-82 0.8 2395 77.01 59.07 6.13 5179 166.5
-77.8 0.9 1676 53.9 32.64 12.56 3650 117.34
-76 0.3 2136 68.68 57 2.77 4673 150.23
-74.3 0.3 2198 70.66 58.01 5.76 4919 158.16
-68.8 0.15 1643 52.81 15.16 6.1 2572 82.69
-34.8 0.5 2652 85.25 55.9 8.56 5417 174.15
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Weighted Average 0.43 2078 66.8 33.25 9.27 3921 126.06
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S14 570 392 0.5 2165 69.61 56.92 0.21 4577 147.15
407 0.3 1482 47.64 57.4 0.9 3947 126.89
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560 240 0.3 2056 66.09 54.87 14.43 5056 162.56
260 0.2 2783 89.48 58.33 0.91 5287 169.99
268 0.1 3398 109.23 57.56 3.36 5986 192.46
388 0.5 1271 40.86 16.35 1.38 2027 65.15
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518 12.8 0.4 2249 72.32 57.02 1.5 4727 151.97
18.2 0.55 2269 72.94 57.18 0.04 4683 150.58
22.5 0.55 2416 77.66 59.4 0.77 4959 159.42
28 0.4 1317 42.35 17.97 17.34 2899 93.19
29.8 0.5 2687 86.39 53.21 2.46 5049 162.34
31.5 0.95 1364 43.86 58.26 4.2 4022 129.3
33.1 1.05 1103 35.46 22.93 4.28 2274 73.1
35.6 0.6 2803 90.11 53.43 3.18 5208 167.44
39.5 0.4 2565 82.48 50.86 1.79 4797 154.21
40.9 0.75 2377 76.43 47.1 3.91 4551 146.31
42.7 0.5 2144 68.93 54.51 1.23 4503 144.76
44.9 0.5 1274 40.95 12.62 11.6 2357 75.78
48.9 0.65 2650 85.2 77.82 1.17 5989 192.56
50.9 0.7 1130 36.33 36.85 2.23 2791 89.73
53.3 0.7 1400 45.01 38.82 3.45 3202 102.94
54.3 0.4 960 30.86 30.7 3.58 2425 77.98
123 0.55 608 19.55 18.92 2.92 1545 49.68
124 0.25 693 22.27 62.73 2.26 3447 110.84
128.5 0.1 392 12.59 53.27 5.2 2887 92.81
129.5 0.15 603 19.39 2.75 25.11 1911 61.45
130.7 0.4 1956 62.88 6.5 6.84 2555 82.15
132.6 0.15 320 10.29 0.51 20.18 1299 41.78
136.5 0.6 1117 35.91 0.64 24.03 2285 73.45
158 0.35 520 16.73 16.25 1 1253 40.29
163.4 1 833 26.78 16.77 1.22 1599 51.4
165.1 0.6 3699 118.94 28 1.54 4966 159.65
168 1 1511 48.59 40.2 6.31 3507 112.74
171 0.2 831 26.71 55.96 6.62 3507 112.75
172 0.55 1664 53.51 33 1.27 3099 99.63
175.5 0.15 710 22.83 52.43 0.71 2956 95.04
179.4 0.3 2240 72.02 70.23 0.51 5228 168.08
182.3 0.1 2855 91.79 77.86 0.83 6180 198.69
184.2 0.15 1110 35.69 33.25 0.81 2552 82.03
185.8 0.6 2050 65.91 47.23 13.26 4672 150.22
187.3 0.3 4780 153.68 76.54 0.21 8020 257.84
189.3 0.25 2480 79.73 41.76 1.13 4296 138.11
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Acuminated Weighted
Average of 99 Samples 0.37 1972 63.39 46.23 3.75 4101 131.84
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S16E 587 302 0.7 2828 90.92 60.64 3.78 5567 178.97
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555 -10.4 0.1 325 10.45 6.73 31.57 2108 67.76
9.1 0.18 297 9.55 7.43 32.7 2163 69.54
493.7 0.8 1050 33.76 15.39 3.47 1864 59.93
499.4 0.2 980 31.51 9.79 19.52 2320 74.58
503.9 0.6 485 15.59 22.58 14.22 2113 67.93
613.5 0.2 2715 87.28 12.01 3.8 3402 109.38
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Acuminated Weighted
Average of 15 Samples 0.42 1271 40.87 34.78 15.3 3465 111.41
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S16W 555 -68.2 0.5 396 12.74 61.1 14.24 3650 117.37
-66.4 0.2 785 25.23 14.83 12.84 2020 64.94
-62.4 0.2 656 21.09 24.38 14.18 2358 75.81
-56.8 0.2 531 17.08 10.46 11.34 1511 48.58
-51.5 0.1 507 16.29 18.14 17.08 2083 66.97
-47.5 0.1 810 26.03 54.79 12.98 3738 120.17
-44 0.3 336 10.81 0.92 27.21 1667 53.58
-38.9 0.4 186 5.98 19.63 10.09 1494 48.02
-34 0.7 796 25.58 9.46 11.96 1763 56.67
-29.7 0.6 293 9.42 10.61 24.7 1913 61.5
-28 0.6 362 11.65 11.64 19.89 1798 57.8
-24 1 401 12.91 18.6 7.64 1549 49.79
-21.1 0.7 376 12.1 12.01 13.51 1525 49.03
-18.1 0.38 1035 33.28 11.98 23.26 2645 85.03
-16.3 0.1 643 20.67 15.85 17.95 2164 69.57
11.3 1 565 18.17 21.76 11.83 2045 65.74
26.8 0.15 348 11.19 38.21 5.78 2235 71.85
30.4 1 843 27.09 23.77 10.79 2358 75.8
31.9 0.6 2595 83.43 48.69 13.79 5304 170.52
35.4 0.9 330 10.61 21.56 13.14 1864 59.92
41.1 0.7 1430 45.97 56.37 13.55 4452 143.14
45.8 0.35 1181 37.97 55.5 13.88 4182 134.45
47.5 0.2 157 5.06 8.84 27.59 1840 59.16
50.8 0.7 1064 34.22 41.32 9.87 3276 105.34
52.9 1 785 25.22 15.7 10.3 1936 62.25
55 0.4 422 13.57 20.27 12.69 1880 60.44
59.8 0.3 1391 44.73 55.81 8.86 4167 133.96
70.4 0.4 1188 38.2 14.88 17.98 2670 85.83
74.6 0.7 644 20.7 20.39 12.62 2103 67.61
80.5 0.3 558 17.93 8.76 25.05 2117 68.06
88 0.2 566 18.21 54.25 19.55 3784 121.65
94 0.1 2068 66.47 57.47 10.86 5008 161.02
101.7 0.2 351 11.27 19.85 6.76 1509 48.52
147 0.4 489 29.5 6.5 9.88 1661 53.39
457.2 0.3 1990 63.98 18.82 11.96 3352 107.77
464 1.1 881 28.32 21.5 8.71 2202 70.79
487.2 0.4 228 7.33 4.36 37.65 2199 70.71
694.5 0.25 1268 40.76 18.93 17.93 2918 93.81
696.2 1.5 777 24.99 9.33 5.12 1414 45.46
697.6 0.3 931 29.94 5.31 8.17 1543 49.62
700.2 0.45 779 25.06 9.29 5.71 1442 46.38
702 0.5 2227 71.58 58.33 14.03 5354 172.14
703.8 0.15 1644 52.85 19.61 17.28 3292 105.84
705.5 1.1 1321 42.47 11.04 18.76 2677 86.08
707.6 0.32 1207 38.81 14.39 18.98 2715 87.3
711.6 0.1 1932 62.13 19.85 10.14 3252 104.54
713.5 0.1 2220 71.38 19.95 20.74 4046 130.09
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Acuminated Weighted
Average of 70 Samples 0.38 972 31.47 25.15 12.96 2655 85.37
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(i) Silver equivalent grade is calculated on the basis of US$6.5/oz
Ag, US$0.40/lb for Pb, and US$0.45/lb for Zn
Quality Control Rock samples were collected by channel sampling the face of the undercut undercut, n 1. the portion of a tooth that lies between its height of contour and the gingivae, only if that portion is of less circumference than the height of contour. 2. drifts. The channels were usually cut 10 cm in width and 5 cm in depth producing a sample weighing approximately 2 kg to 10 kg for each 0.10 to 1.00 m intervals depending on the thickness of mineralization. The Company has implemented a quality control program to ensure best practice in sampling and analysis of the tunnel samples. The samples are shipped directly in security sealed bags to two labs: Analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. lab No. 6 Team of Henan Non-Ferrous Metals 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. and Mineral Resources Noun 1. mineral resources - natural resources in the form of minerals natural resource, natural resources - resources (actual and potential) supplied by nature Bureau in Luoyang located 125km by road northeast of the Ying Project Area and the Langfang Institute of Geochemical and Geophysical ge·o·phys·ics n. (used with a sing. verb) The physics of the earth and its environment, including the physics of fields such as meteorology, oceanography, and seismology. Exploration (Certification ISO (1) See ISO speed. (2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI. 9001), a well-regarded analytical laboratory in Langfang, Hebei Province Noun 1. Hebei province - a populous province in northeastern China Hebei, Hopeh, Hopei Cathay, China, Communist China, mainland China, People's Republic of China, PRC, Red China - a communist nation that covers a vast territory in eastern Asia; the most , approximately 60 km from Beijing The sample preparation consists of drying, crushing crushing deaths of newborn animals, especially those in litters, caused by the mother lying on them accidentally. Contributed to by weakness of the neonate or awkward accommodation. A problem in piglets and puppies. Called also overlying. , splitting of the sample to 150 grams, then the sample is pulverized pul·ver·ize v. pul·ver·ized, pul·ver·iz·ing, pul·ver·iz·es v.tr. 1. To pound, crush, or grind to a powder or dust. 2. To demolish. v.intr. to 200 mesh Refers to an interconnect architecture that cross- connects several devices. See mesh network, wireless mesh network and switch fabric. (character) mesh - The INTERCAL name for hash. . Ag, Pb and Zn were analyzed an·a·lyze tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es 1. To examine methodically by separating into parts and studying their interrelations. 2. Chemistry To make a chemical analysis of. 3. by a 3 hour hot aqua regia aqua regia (äk`wə rē`jēə) [Lat.,=royal water], corrosive, fuming yellow liquid prepared by mixing one volume of concentrated nitric acid with three to four volumes of concentrated hydrochloric acid. digestion digestion Process of dissolving and chemically converting food for absorption by cells. In the mouth, food is chewed, mixed with saliva, which begins to break down starches, and kneaded by the tongue into a ball for swallowing. on 30 gram samples with an AA finish. Check samples including field duplicates and pulps are routinely sent to 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 Vancouver Canada for assay accuracy and sample contamination. Myles Gao, P.Geo, President of SKN, is overseeing the YING exploration program, and is the Qualified Person on the Project. Statements in this press release other than purely historical information, including statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the Company's future plans and objectives or expected results, constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in mineral exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements. 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 accuracy or this release. SKN Resources Ltd. (TSX VENTURE:SRL) |
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