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Constitution
Mining Begins Production Testing on Gold Sands Project in Peru
Lima, Peru -
October 26, 2009 - Constitution Mining Corp. (CMIN.OB) announces the continuation of
the Bangka drilling and test pitting program at its Gold Sands project in
northeast Peru.
In addition to the above program, the Company is evaluating geophysical
methods to better define the location of the mineralized sands and gravels.
The goal is to more accurately assess whether the economic recoverability
of gold is possible from the alluvial sands and gravels of the Company’s
382 square kilometer (230 square mile) project
area.
The pitting is being
carried out by one 6-man crew that manually excavates the test pits to a
depth of up to 6 meters.
Where a Bangka drill hole intersects
significant mineralization, the crew will excavate a pit measuring
1.5-meter square to the gravel horizon. A one cubic meter (approximately 3
ton) sample is collected and processed on site producing a concentrate from
which the gold is recovered at Constitution’s laboratory in Saramiriza. At the laboratory, the recovered gold is
weighed and a calculated grade in milligrams per cubic meter is determined.
The purpose of the
pitting and drilling is to determine an accurate gold grade. The quantity
of gold collected from the excavated material should reflect the amount of
gold that would potentially be recovered in a full scale dredging
operation. Samples from each pit will also be sent to an independent
commercial laboratory to determine the fineness of the gold grains and
trace element analysis including silver.
Pitting will progress
by following the path of drilling on selected traverses across the
Company’s 380 square kilometer Gold Sands
property. The Company intends to announce results from the Bangka drilling and test pitting as they become
available during the coming weeks.
Gary Artmont, Constitution Mining’s CEO, commented:
“Locally, informal miners are busy in the area digging from surface and
processing gold using sluice boxes and monitors. We will use our drills to
locate the gold-enriched gravel and sand and then dig pits to accurately
measure the amounts of recoverable gold.”
“It’s an exercise that
is intended to leave little doubt about the gold grades present. For our
purposes, the method provides a high level of reliability, since there’s
not much difference between pitting results and recovery from a full-scale
dredging operation.”
Artmont continued: “Drilling isn’t
enough. Alluvial deposits characteristically are erratic. So there is no
sense in relying on 6”
wide drill cores regardless of how encouraging they may look. The only
prudent way to assess the economic viability of an alluvial project is to
hopefully produce gold from large bulk samples.”
About
Constitution Mining Corp.
Our goal is to locate a commercially viable gold deposit and continuously
increase the amount of gold underlying each of our outstanding shares. To
build such value, we are focusing on the rapidly developing Gold Sands
region of Peru,
where we have optioned 382 square kilometers
(147.5 square miles) of mining properties - the largest such block in the
district.
The Gold Sands of Peru
were laid down by eons of alluvial erosion. For millions of years, the
waters of the Santiago and the Maranon rivers have been carving their way
through the gold-rich mountain canyons of the Andes, carrying off vast
amounts of gold and depositing much of the treasure in loose gravels and
sands - Gold Sands - below the Manseriche gorge
in Northeastern Peru. There the rivers reach a
broad flood plain, slow to a crawl and release their cargo.
Historical drilling and
sampling data from more than 500 test holes in the “Discovery Area” located
on Constitution Mining's properties indicates the presence of significant
alluvial gold in the region. We have designed programs to confirm the
accuracy of this historical data with the intent of capturing the profit
potential of the area by applying recently enhanced mining technologies
that are especially well suited to low-density, near-surface deposits. These
green-mining technologies are energy-efficient and environmentally friendly
-- features that support their profitable use. The implementation of these
programs will require the company to secure additional financing.
For further details,
please see today’s current Form 8-K filing.
Further information
about Constitution Mining Corp may be found at www.ConstitutionMining.com.
On behalf of
the Board:
Gary Artmont - CEO & Director
Constitution Mining Corp.
Investor
Inquiries:
Toll Free: 888-475-0070
Direct Dial: 646-755-3352
Email: Info@ConstitutionMining.com
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