Metals X Ltd

Published : August 16th, 2012

Entourage Metals Commences Surface Exploration at the Northern Arm Trend in Hemlo District, Ontario

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Entourage Metals (EMT-TSX:V) Announcement
For Immediate Release
Entourage Metals Commences Surface Exploration at the
Northern Arm Trend in Hemlo District, Ontario

 


Entourage Metals Commences Surface Exploration at the Northern Arm Trend in
Hemlo District, Ontario


Vancouver, British Columbia - August 16th 2012, - Entourage Metals Ltd. (EMT-TSX:V) is pleased to report that soil sampling, mapping and prospecting surveys are underway at the 100% owned Northern Arm Properties within the Hemlo Greenstone Belt.  These properties straddle a 40 km trend comprising a land package of 155 km2, which covers 90% of the trend.   This area has received minimal exploration compared with the main mineralized trend that hosts Hemlo Mines; despite having very similar geology.

Several occurrences of anomalous base and precious metals have been historically identified on Entourage's property with multiple deposit styles (Ontario Geological Survey, Map 2614):

Volcanics:
  • Caravelle No. 4: 7.70% Cu, 0.24% Pb, 4.28 % Zn, 8.23 g/t Au, 116 g/t Ag (grab sample)
  • Kusin Showing: 10.7% Zn, 8.9% Pb and 85.7 g/t Ag (trench, grab sample)
  • Carroll Occurance: 6.85 g/t Au, 0.54% Zn, and 70 g/t Ag (trench, grab sample)
Iron Formations:
  • Season Lake Occurrence: 1.03 g/t Au (stripped outcrop, grab sample)
  • Oued Occurrence: up to 8.85 g/t Au (OGS grab sample)
Porphyries:
  • Hemlo Gold Occurrence: 37.35 g/t Au over 1.0 meter (drill hole)
In Archean greenstone belts throughout the world, there is a well-documented spatial and genetic link between gold deposits and porphyry intrusions.  Of significance are porphyritic intrusions associated with these gold-bearing rocks along this Northern Arm Trend. These intrusions exhibit similarities to the footwall rocks of gold mineralization at Hemlo Mines, termed the Moose Lake Porphyry.  Several historical Diamond drill holes from these porphyries contained significant gold values.  One drill hole ranged from 1.0 g/t to 28.0 g/t (3.9 g/t over 3 meters) and another drill hole intercept assayed 37.35 g/t Au over 1.0 m in a Hemlo "look-alike" porphyry with favorable alteration (Ontario Geological Survey, Map 2614).   Limited drilling and trenching has taken place targeting these occurrences.

Historical geochemical sampling within Entourage's claim group has been limited and erratic.  Prior to consolidation of the Northern Arm by Entourage, the area was staked by multiple entities in many small individual claims and groups.  Entourage has commenced a soil sampling, geologic mapping and prospecting program to comprehensively cover the claim group and develop targets on this lesser known trend in the Hemlo Greenstone Belt.  

The Northern Arm Property is accessible from Route 614, which connects to the Trans-Canada Highway.  This route bisects the property and is linked to logging roads which provides easy cost-effective access to the property.  The Property is located in Northern Ontario, 250 km east-northeast of the City of Thunder Bay, and 35 km northeast of the town of Marathon.

Hemlo was discovered in 1981 and has seen over 20 million ounces of past gold production.  There has been very limited exploration activity in the region after the initial exploration boom which came to a halt in the mid 1990's.  Since Hemlo's discovery, no additional gold deposits have been found and for a greenstone belt with a large deposit (>25 Moz), this is a statistical anomaly.   Entourage feels there is an excellent opportunity to find additional gold deposits in this region that are satellites to Hemlo.

Entourage's exploration activity is under the supervision of John C. Florek, P.Geo, Vice-President Exploration for Entourage Metals.  Mr. Florek is a Qualified Persons as defined by NI 43-101.  Mr. Florek prepared and approved the information contained in this release.
Details on Entourage Metals portfolio can be reviewed at the Company's website at www.entouragemetals.com.


ON BEHALF OF THE BOARD OF DIRECTORS
"Jeff Sundar"


Jeff Sundar    
President and Director    
Suite 1500, 409 Granville Street, Vancouver, BC V6C 1T2
Telephone: 604-484-7855 Fax: 604-484-7155
(Email) js@entouragemetals.com
www.entouragemetals.com


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Entourage Metals

 

Entourage Metals was established to focus on the acquisition and discovery of mineral deposits in the Hemlo District of Northwestern Ontario, Canada.

Entourage will continue to acquire underexplored, highly prospective land packages, and will utilize its geotechnical expertise to define high probability exploration targets, in an attempt to define a resource.

 

Entourage's technical and local experience is being applied to the hunt for the next major gold deposit in the Hemlo belt and beyond.

    

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Contact Us

 

Jeff Sundar 

President & CEO, Director 

Entourage Metals Ltd. 

 

js@entouragemetals.com 

T:  604.484.7855 

F:  604.484.7155

 

Suite 1500

409 Granville St

Vancouver, BC
V6C 1T2

 

 

Copyright (c) 2011 ENTOURAGE METALS LTD. (EMT-TSX:V)

All rights reserved.

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Entourage Metals Ltd | #1500 409 Granville St | Vancouver | British Columbia | V6C 1T2 | Canada
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Metals X Ltd

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CODE : MLX.AX
ISIN : AU000000MLX7
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Metals X is a tin development stage company based in Australia.

Its main exploration property is RENISON in Tasmania.

Metals X is listed in Australia, in Germany and in United States of America. Its market capitalisation is AU$ 266.3 millions as of today (US$ 173.9 millions, € 162.4 millions).

Its stock quote reached its highest recent level on November 28, 2014 at AU$ 2.76, and its lowest recent point on March 20, 2020 at AU$ 0.05.

Metals X has 609 340 032 shares outstanding.

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