Tribute Commences Drilling.TORONTO -- Tribute Minerals Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:TBM TBM abbr. tactical ballistic missile ) announces it will resume drilling on its Garnet Lake Property Arrow Zone. The program will be testing previously detected borehole geophysical anomalies directly down plunge from hole GL-2004-03 (2.20 % Zinc, 1.29 % Copper, 1.06 g/t Gold, 18.54 g/t Silver, 67.1 g/t Indium and 43.4 g/t Gallium, over 7.5 metres, March 8, 2005 News Release). Results from the three remaining holes of the winter program are as follows; GL-2005-14A, drilled 100 metres along strike east of GL-2004-03, intersected 96 metres of highly altered footwall foot·wall n. Geology 1. The mass of rock underlying a mineral deposit in a mine. 2. The underlying block of a fault having an inclined fault plane. volcanic rocks with intermittent zones of sulphidization including a four metre section containing fine grained sphalerite sphalerite (sfăl`ərīt, sfā`–), mineral composed of zinc sulfide, usually containing some iron and a little cadmium. It occurs in crystals of the isometric system but more generally in cleavable, compact masses. stringers. GL-2005-15, drilled up dip of GL-2004-09, intersected 4.25 metres of massive to semi-massive pyrite and pyrrhotite pyrrhotite (pĭr`ətīt) or magnetic pyrites, bronze-yellow to bronze-red mineral, a sulfide of iron sometimes containing nickel. It tarnishes easily and is somewhat magnetic. , with magnetite and disseminated sphalerite. GL-2005-16 drilled west from GL-2004-04 did not intersect the Arrow Zone. Assays for these holes although encouraging, did not return significant values. Tribute is also planning a program of geological mapping and prospecting this summer on its Shebandowan Property consisting of 272 units in 18 claims located in Moss Township adjacent to the Freewest Resources Larose Gold showing and within the same geological belt as its recent Sungold Cu-Zn discovery. (March 16, 2005 Freewest News Release). The Garnet Lake exploration program is under the direction of Trevor Boyd, Ph.D., P.Geo., Consultant, Tribute Minerals; and a qualified person (QP) for the purposes of NI 43-101. The Company currently has 39,656,910 common shares issued and outstanding. 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 adequacy or accuracy of this release. Tribute Minerals Inc. (TSX VENTURE:TBM) |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion