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Trade Winds Ventures Inc

Publié le 07 juillet 2010

Announces Preliminary Metallurgical Study

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Trade Winds Announces Preliminary Metallurgical Study

Vancouver, BC, July 7, 2010, - Trade Winds Ventures Inc. (TSX-V: TWD, FSE: TVR) ("Trade Winds" or the "Company") is pleased announce that SGS Minerals Services ("SGS") of Lakefield, Ontario has been engaged to provide a preliminary metallurgical study on the Block A property in northeastern Ontario, a 50/50 joint venture (JV) with Detour Gold Corporation ("Detour Gold"). Block A is located adjacent to Detour Gold's Detour Lake gold project, which contains a mineral reserve of 11.4 million ounces of gold. Trade Winds is currently the operator of the JV on Block A.

The study was designed and will be supervised by Mr. Andy Holloway, Senior Associate Process Engineer of Watts, Griffis and McOuat ("WGM"). Samples from the 2010 winter drill program have been submitted to SGS and testwork is expected to commence shortly. The study will include:

  • Chemical characterization by multi-element ICP Scan
  • Ball mill grindability assessment (Bond)
  • Preliminary gravity separation tests
  • Scoping level bottle roll cyanidation tests

Results of this study are expected to be finalized prior to October 2010 and will provide preliminary estimates of process plant gold extraction rate (or metallurgical recovery) for the Block A mineralization to be used in the NI 43-101 technical update planned for the second half of 2010.

ABOUT TRADE WINDS VENTURES INC.
Trade Winds Ventures Inc. is a Canadian gold exploration and developmentcompany focused, as operator, on advancing its Detour Lake properties to the feasibility study stage. The Block A 50% JV and adjacent 100% owned Gowest properties are located in the Detour Lake Mining District, north of the prolific gold mining camp of Timmins, Ontario, Canada. The current NI 43-101 technical reports on Block A and Gowest properties by WGM delineated a total indicated mineral resource of 2,010,711 ounces of gold and an inferred resource of 2,004,585 ounces of gold (includes the 50% portion to Detour Gold on Block A). Contained within this total resource is the in-pit mineral resource estimate shown in the table below.

In-pit Mineral Resource Estimate for Block A (100%) at a Cut-off Grade of 0.5 g/t Au

Resource Category

Tonnes

Grade Capped

Gold Ounces

 

(millions)

(g/t Au)

(000's)

Indicated

36.4

1.02

1,200

Inferred

8.3

1.04

277

The parameters and methodology utilized to produce this resource estimate are described in Trade Winds' May 26, 2009 press release and the July 9, 2009 NI 43-101 technical report by WGM. The material in this news release has been prepared and reviewed by Stephen Wallace, P. Geo., VP Exploration, a Qualified Person as defined in NI 43-101.

FOR FURTHER INFORMATION PLEASE CONTACT:

Ian D. Lambert, CEO/President

(604) 648-6225
Email: info@tradewindsventures.com
Visit our Website at www.tradewindsventures.com

 

Forward Looking Information
Certain information included in this news release constitutes "forward-looking statements". The words "expect", "will", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. The Company cautions the reader that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from the Company's estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to, risks associated with the mining industry such as government regulation, environmental and reclamation risks, title disputes or claims, success of mining activities, future commodity prices, costs of production, possible variation in mineral reserves, mineral resources, grade or recovery rates, failure of plant, equipment or processes to operate as anticipated, accidents, labour disputes, the timing of estimated future production, capital expenditures, financial market fluctuations, requirements for additional capital, conclusions of economic evaluations, limitations on insurance coverage, risks associated with using third-party contractors and inflation. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS PRESS RELEASE.

 


Email: info@tradewindsventures.com ~ Web: http://www.tradewindsventures.com

 

 

Trade Winds Ventures Inc

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Trade Winds est une société d’exploration minière d'or et de cuivre basée au Canada.

Trade Winds détient divers projets d'exploration au Canada et en Chine.

Ses principaux projets en exploration sont DETOUR LAKE, BIRCH LAKE, GOWEST, TURNER LAKE PROPERTY, TREASURE MOUNTAIN, BLOCK A et DARDANELLES au Canada et SILU et TUOLE en Chine.

Trade Winds est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 168,8 millions CA$ (127,4 millions US$, 113,7 millions €).

La valeur de son action a atteint son plus bas niveau récent le 24 octobre 2008 à 0,01 CA$, et son plus haut niveau récent le 04 avril 2014 à 4,75 CA$.

Trade Winds possède 93 240 000 actions en circulation.

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Rapports annuels de Trade Winds Ventures Inc
2007 Annual Report
Projets de Trade Winds Ventures Inc
22/08/2011(Block A)Intersects 3.08 g/t gold over 20.8 metres on Block A
14/07/2011(Block A)Intersects 4.18 g/t gold over 18.4 metres on Block A
05/05/2011(Block A)Trade Winds Ventures Completes Preliminary Metallurgical St...
31/03/2011(Block A)Announces Initial Results of 2011 Drilling on Block A
16/02/2011(Block A)Files Updated NI 43-101 Technical Report for Block A on SED...
03/02/2011(Block A)Reports Assays from Previously Unsampled Core from its Drill...
07/07/2010(Block A)Announces Preliminary Metallurgical Study
19/01/2010(Block A)Begins 2010 Drill Program on Block ARecieved:
15/12/2009(Block A) Plans 2010 Drilling On Block A Recieved:
28/05/2009(Block A)Completes Updated Mineral Resource EstimateRecieved:
27/05/2009(Detour Lake)Executes Joint Venture With Detour GoldRecieved:
19/09/2008Files NI 43-101 Report for Silu Lead-Zinc Property in China
22/07/2008(Detour Lake)Proceeds with NI 43-101
02/10/2007Intersects High Grade Gold, 120.83 grams/tonne over 1.50 met...
Communiqués de Presse de Trade Winds Ventures Inc
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05/01/2015Tweed Marijuana Inc. announces second license renewal and ma...
12/12/2014Canadian medical marijuana company PharmaCan to go public ne...
11/12/2014Tweed Provides Support to The Canadian AIDS Society
26/11/2014Tweed Marijuana Inc. Q3 Results and Operational Highlights
20/11/2014Enertopia Provides Footage of Planned MMPR Facility
19/11/2014Tweed announces license renewal
16/08/2011(Block A)Begins 20,000 Metre Drill Program on Block A
29/07/2011Analysis on Trade Winds Ventures TWD: TSX.V - TWDIF: OTC fro...
02/05/2011(Block A)Completes Preliminary Metallurgical Study on Block A
21/02/2011(Block A)Named to 2011 TSX Venture Top 50 Companies - Ranked 9th in M...
21/11/2008' Thanks You for Attending Online Presentation
12/08/2008Company Update
16/07/2008To Begin Exploration on BC Projects
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