Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en
Vena Discovers High Grade Silver-Gold Zone at Esquilache Project, Intersects Include 22.0 Metres Grading 348.4 gpt AG and 0.93 gpt AU
Published : June 08, 2011
( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Facebook | Manganese | Zinc |

TORONTO, ONTARIO--(Marketwire - June 8, 2011) -

NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE US. 

Vena Resources Inc. ("Vena" or the "Company") (News - Market indicators)(LIMA:VEM)(FRANKFURT:V1R)(OTCBB:VNARF)(Xetra®:V1R.DE), a Company with strong partnerships with some of the world's largest mining companies, is pleased to provide additional drill results from the continuing exploration program at the Esquilache project. The latest results include significant intersects of 12.0 metres of 481.3 grams per tonne (gpt) silver and 1.48 gpt gold, as well as 1.2 metres of 2,293.0 gpt silver, 11.04 gpt gold and 4.60% zinc at Cerro Mamacocha.

To date, Vena has completed 2,511.3 metres of diamond drilling in 14 holes during this first stage of the 2011 campaign. This release describes the results from the most recent seven holes that are testing the Franja de Oro zone flanking Cerro Mamacocha. The widths in the table below are core lengths - not true widths.

DRILL HOLE ESH-24-2011
            Au   Ag   Ag   Cu   Pb   Zn
From (m)   To (m)   Width (m)   ppm   ppm   opt   %   %   %
4.00   6.00   2.00   1.31   26   0.84   0.05   0.19   0.02
6.00   8.00   2.00   0.74   11.5   0.37   0.03   0.12   0.03
10.00   12.00   2.00   0.59   8   0.26   0.02   0.28   0.03
12.00   14.00   2.00   0.95   25.2   0.81   0.02   0.31   0.04
14.00   16.00   2.00   1.52   23   0.74   0.03   0.34   0.05
                                 
92.10   94.00   1.90   0.17   134   4.31   0.06   0.16   0.94
94.00   95.60   1.60   0.18   295   9.48   0.22   2.55   7.45
                                 
102.00   104.00   2.00   0.22   340   10.93   0.14   0.89   2.84
104.00   106.00   2.00   0.33   177   5.69   0.08   0.45   1.48
106.00   108.00   2.00   0.59   149   4.79   0.12   1.66   4.37
108.00   110.00   2.00   0.09   134   4.31   0.12   1.46   4.16
110.00   112.00   2.00   0.09   141   4.53   0.09   0.47   1.83
112.00   114.00   2.00   0.63   300   9.65   0.07   0.46   1.74
114.00   116.00   2.00   0.72   235   7.56   0.12   0.52   1.30
116.00   118.00   2.00   1.23   502   16.14   0.07   0.35   1.39
118.00   120.00   2.00   1.39   771   24.79   0.07   0.46   1.62
120.00   122.00   2.00   2.05   616   19.80   0.07   0.35   1.27
122.00   124.00   2.00   2.86   467   15.01   0.08   0.44   1.69
                                 
164.00   166.00   2.00   1.19   188   6.04   0.05   0.15   0.93
166.00   167.20   1.20   11.04   2293   73.72   0.19   1.13   4.60

"The large intervals of high grade silver mineralization, and the higher-than-expected gold values in this first hole testing the Franja de Oro feeder breccia is very encouraging for the project. Vena's technical team is currently reviewing an aggressive drill program to expand these zones further along strike and to depth", commented Juan Vegarra, CEO of Vena. The entire team of Vena Resources would like to congratulate the elected Peruvian president - Mr. Humala. We strongly believe Peru will continue to be a great place to do business given its strong mining culture. We look forward to working with Mr. Humala's team -- his moderate posture should encourage additional investments in Peru increasing our opportunity to add value to our shareholders.

To view the "Franja de Oro Cerro Mamacocha Esquilache Project" map, please visit the following link: http://media3.marketwire.com/docs/vem_f1_608.jpg

The Franja de Oro (Gold Zone), presented on the accompanying map, is located along the northwestern flank of Cerro Mamacocha and was discovered in 2009 in drill holes testing the Haydee-Ivet structure. Low grade epithermal gold-silver mineralization was found to occur in a 50+ metre wide zone of low sulfidation epithermal quartz veinlets trending northeast-southwest parallel to the Ivet and Elvira structures. Detailed channel sampling of the limited outcrop in the area confirmed the values. The 2011 program was designed to test the oxide zone to the southwest under overburden. Hole ESH-23, located 80 metres southwest of the Haydee-Ivet workings, was halted when it became apparent that it was sited too far to the southeast to test the zone. Hole ESH-24 (reported above), located a further 80 metres southeast of ESH-23, intersected 75.1 metres core length (92.1 metres – 167.2 metres) of hydrothermal breccia in what is interpreted to be the feeder zone to the Franja de Oro. Mineralization is within the chalcedonic quartz matrix of the breccia with oxidation decreasing down hole and consists of pyrite (limonite), siderite, galena, sphalerite, manganese oxides and minor chalcopyrite. The higher grade silver-gold mineralization is concentrated near the top and bottom of the intersection indicating that the hole transected the feeder zone at an oblique angle. It should be noted that the hole terminated in an old working at 167.2 metres that is approximately 20 metres above the Mamacocha adit level which is presumed to be the depth limit of workings in the area. 

To follow up on this discovery, the program has been modified to bracket hole ESH-24 to determine the true width of the feeder zone and assess continuity of the mineralization. To date, holes ESH-27, ESH-28 and ESH-29 have been completed. Hole ESH-27 was drilled on the same section as ESH-24 but in the opposite direction (azimuth 140°) and transected the breccia approximately 50 metres above the Mamacocha adit level. The hole intersected several vein and narrow breccia zones in the hanging wall before intersecting the feeder breccia structure over a core length of 11.7 metres (48.4 metres – 60.1 metres) and assays are reported in the accompanying table. ESH-28 was drilled parallel with ESH-27 on a section 80 metres to the southwest and intersected 17 metres core length (58.4 metres – 75.4 metres) of similar mineralized breccias (assays pending). Hole ESH-29 was also drilled parallel to ESH-27 on a section 80 metres to the northeast and intersected 14.4 metres core length (70.8 metres – 85.2 metres) of the feeder breccia (assays pending). ESH-30 is currently being drilled at azimuth 140° on the same section as ESH-24 and 27 and is planned to intersect the breccia feeder zone at approximately 50 to 70 metres below the Mamacocha adit level.

DRILL HOLE ES-27-2011   Au   Ag   Cu   Pb   Zn
From (m)   To (m)   Width (m)   ppm   ppm   %   %   %
4.00   6.00   2.00   1.003   19   0.039   0.4473   0.435
                             
22.00   24.00   2.00   0.428   76.5   0.039   0.2284   1.460
24.00   25.35   1.35   0.197   20.6   0.010   0.0780   0.182
25.35   27.00   1.65   0.081   2.7   0.005   0.0501   0.171
27.00   29.00   2.00   4.158   9.1   0.024   0.0984   0.188
29.00   31.00   2.00   0.554   6.7   0.014   0.1112   0.212
31.00   33.00   2.00   3.298   10.2   0.014   0.2453   0.315
33.00   35.00   2.00   0.741   3.4   0.013   0.1436   0.277
35.00   35.76   0.76   2.746   14.4   0.037   0.1225   0.227
35.76   36.40   0.64   0.466   80.1   0.052   0.1822   0.838
                             
44.00   46.00   2.00   1.145   7.8   0.029   0.1955   0.311
46.00   48.00   2.00   0.749   4.6   0.020   0.1251   0.236
48.00   48.75   0.75   0.123   3.8   0.016   0.1636   0.300
48.75   50.00   1.25   0.588   37.8   0.027   0.1568   0.488
50.00   52.00   2.00   0.405   23.6   0.018   0.1281   0.593
52.00   54.00   2.00   0.548   23.4   0.013   0.1203   0.693
54.00   56.00   2.00   0.261   57.0   0.025   0.0883   0.681
56.00   58.00   2.00   0.775   66.5   0.026   0.0851   0.746
58.00   59.00   1.00   0.645   93.5   0.030   0.1757   0.996

In summary, the breccia zone that is being explored is a silica flooded fault zone that is formed at the convergence of the Ivet and Elvira structures under cover to the southwest of the old surface workings. The structure is from 12 metres to 17 metres wide and dips steeply to the northwest. The hanging wall is formed of tuffs and andesite porphyry and the footwall is microdiorite intrusive. The breccia structure is the feeder zone to the epithermal Au-Ag zone in the hanging wall tuff. At Esquilache these fault breccia veins are dominantly mesothermal and precious metal mineralization is known to continue to depths exceeding 500 metres below surface in the mine workings at Cerro Creston.

David Bent, Vice President Exploration, stated "The initial seven holes of the 2011 program tested three large breccia/ porphyry targets on the San Antonio de Esquilache property: Cerro Mercedes, Mamacocha NE Stockwork and the Cerro Senor Ccollo breccia. The most significant results were at Cerro Mercedes where low grade Pb-Zn-Cu mineralization was intersected in multiple hydrothermal breccias with potassic alteration indicating proximity to a porphyry system. A couple of deep (+600m) drill holes are planned to test Cerro Mercedes during the second round of drilling later in the year in coordination with the follow up drilling of the Franja de Oro zone."

This press release has been reviewed and approved by David Bent, P. Geo., Vena's Vice President of Exploration and Qualified Person as defined by NI 43-101. Vena's exploration and development programs are being supervised by Mr. Bent. All core samples are being prepared and analyzed by CIMM Peru, an ISO certified laboratory in Lima, Peru. The program is designed to include a comprehensive analytical quality control routine comprising the systematic use of standards, blanks and field duplicate samples. A secondary laboratory will be used for check assaying.

For further information on Vena Resources, please visit the Company website at www.venaresources.com, or its Facebook page.

Statements in this press release regarding the Company's business, plans, intentions, proposed Offering and use of proceeds thereof, which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements. These forward-looking statements are made as of the date hereof and the Company disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. Information identifying risks and uncertainties relating to the Company's business are contained under the heading "Risk Factors" in the Company's current Annual Information Form and its other filings with the various Canadian Securities Regulators, which are available online at www.sedar.

Shares Outstanding: 124,601,658

Fully-Diluted: 159,041,664

The TSX does not accept the responsibility for the adequacy or accuracy of this release.

Vena Resources
Juan Vegarra
Chairman & CEO
(416) 364-7739, ext. 120
jvegarra@venaresources.com
www.venaresources.com

Vena Resources Inc.

PRODUCTEUR
CODE : VEM.V
ISIN : CA9225893044
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Vena Res. est une société de production minière de zinc basée au Canada.

Vena Res. est productrice de zinc, de manganese au Perou, et détient divers projets d'exploration au Perou.

Son principal projet en production est AZULCOCHA au Perou et ses principaux projets en exploration sont ESQUILACHE, CARHUAZ, COMPIN, HUARANCHAL, HUARAZ, MASMA, PALLASCA, SANTIAGO DE CHUCO, HUAMACHUCO, AUCAMPAMPA PROSPECT, LAS PRINCESAS, PUCARA, MACUSANI, LAGUNILLAS, MUNANI et HUACHON au Perou.

Vena Res. est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 115,7 millions CA$ (110,3 millions US$, 82,0 millions €).

La valeur de son action a atteint son plus bas niveau récent le 24 décembre 2004 à 0,20 CA$, et son plus haut niveau récent le 23 février 2007 à 1,91 CA$.

Vena Res. possède 86 970 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Financements de Vena Resources Inc.
12/05/2011Announces Board Changes and Extends Warrant Expiry Date
Rapports Financiers de Vena Resources Inc.
16/08/2011Files Second Quarter 2011 Financials and Updates Operations
Projets de Vena Resources Inc.
31/07/2015(Azulcocha)Provides Update With Regards to the Arbitration Concerning t...
16/01/2015(Esquilache)Intersects 5.65 Metres of 304 g/t Ag Including 2.0 Metres of...
10/02/2014(Las Princesas)Enhances JV Agreement on Las Princesas Au/Ag Project
03/06/2013(Esquilache)Cancels Non=2Dbinding Option on Esquilache=2C Pucara and Ama...
15/01/2013(Esquilache)Announces Positive Results of Surface Sampling at the Esquil...
07/01/2013(Esquilache)Announces Positive Metallurgical Test Results from the Esqui...
19/10/2012(Compin)Options Compin Property for $1+ Million in Cash Payments and...
24/09/2012(Azulcocha)Provides Update on Azulcocha Mining Project
30/04/2012Junior Focus=3A Candelaria Silver =2D early=2Dstage Peruvian...
23/01/2012Urban Select Capital Corp. and Vena Resources Inc.
19/01/2012You are Invited! Come and Visit us at the Vancouver Resource...
23/06/2011(Azulcocha)and Trafigura Improve Strategic Agreement for Azulcocha Mine
05/05/2011(Azulcocha)Fast-tracks Azulcocha Construction after Obtaining EIA Appro...
14/03/2011(Macusani)Uranium Resource Expansion Program in Macusani Successfully ...
25/02/2008(Azulcocha)2008 Technical report
Communiqués de Presse de Vena Resources Inc.
13/06/2016Vena Resources Closes $360,000 Private Placement, Files Cont...
29/01/2016TSX Delisting Review - Vena Resources Inc. (Symbol: VEM)
18/01/2016Vena Provides Update on TSX De-Listing Review
15/01/2016TSX Delisting Review - Vena Resources Inc. (Symbol: VEM)
11/01/2016IIROC Trade Resumption - VEM
11/01/2016Vena Receives Peruvian Court Decision on Azulcocha West Arbi...
08/01/2016IIROC Trading Halt - VEM
17/12/2015TSX Delisting Review - Vena Resources Inc. (Symbol: VEM)
21/10/2015TSX Delisting Review - Vena Resources Inc. (Symbol: VEM)
13/08/2015Vena Resources Provides Corporate Update
13/08/2015Vena Provides Update with Regards to the Arbitration Concern...
31/07/2015IIROC Trade Resumption - VEM
31/07/2015Vena Provides Update With Regards to the Arbitration Concern...
31/07/2015IIROC Trading Halt - VEM
24/06/2015Announces Results of 2015 Annual General Meeting
26/02/2015/C O R R E C T I O N from Source -- Vena Resources Inc./
26/02/2015Vena Intersects 24.2 Metres of 131 g/t Ag and 0.4 g/t Au Inc...
26/02/2015Intersects 24.2 Metres of 131 g/t Ag and 0.4 g/t Au Includin...
09/02/2015Vena Clarifies and Retracts Certain Statements Made Related ...
07/02/2015Vena Clarifies and Retracts Certain Statements Made Related ...
16/01/2015Vena Intersects 5.65 Metres of 304 g/t Ag Including 2.0 Metr...
16/01/2015IIROC Trade Resumption - VEM; SVY; LYD
15/01/2015IIROC Trading Halt - VEM
30/12/2014TSX Delisting Review - Vena Resources Inc. (Symbol: VEM)
18/12/2014Vena Announces Positive High-Grade Results from Ongoing Dril...
18/12/2014(Esquilache)Announces Positive High-Grade Results from Ongoing Drill Pro...
29/11/2014Vena Announces Closing of Shares for Debt
26/11/2014TSX Delisting Review - Vena Resources Inc. (Symbol: VEM)
25/11/2014Vena Announces Closing of Private Placement Financing
10/11/2014Vena to Drill Major Veins at the Esquilache Polymetallic Pro...
16/01/2014Closes Sale of Uranium Assets to Azincourt Uranium
02/12/2013Improves Balance Sheet Significantly - Working Capital Incre...
22/11/2013Enters Agreement to Sell Uranium Assets to Azincourt Uranium
21/08/2013Issues Shares to Settle Debt and Provides Board Update
25/06/2013Announces Annual and Special Meeting Voting Results
26/04/2013Issues Shares to Settle Debt
12/12/2012(Esquilache)Obtains Community Permits to Advance Esquilache
08/11/2012(Azulcocha)Completes Sale of Azulcocha Mining to Trafigura
05/10/2012Consolidates Shares
03/07/2012Andr=C3=A9 Gauthier joins Vena Resources Board of Directors
15/03/2012(Azulcocha)Acquires Historical Drill Data Indicating Significant New Zi...
01/03/2012(Azulcocha)Confirms High-Grade Polymetallic Structures at Azulcocha Min...
23/02/2012You are Invited! Come and Visit us at the PDAC!
16/02/2012to Drill Promising Gold Target on its Gianderi Project, Peru
08/02/2012(Azulcocha)Partner Trafigura Invests US$7 Million to Move Azulcocha Zin...
16/01/2012Files NI 43-101 Report for Granja Gold on the Granja Nueva P...
19/12/2011Files NI 43-101 Technical Report on Pukara Property
14/12/2011Receives Shareholder Approval to Spin-Out Candelaria Silver ...
26/10/2011and Gold Fields to Commence Drilling on Amantina Property in...
11/10/2011(Esquilache)Registers 60% Ownership and Files NI 43-101 Report on Esquil...
13/09/2011(Macusani)Significantly Upgrades Resources at Macusani Uranium Project
25/07/2011Intersects 5.85 Metres of 506 gpt AG in Veta Mamacocha and E...
08/06/2011(Esquilache)Discovers High Grade Silver-Gold Zone at Esquilache Project,...
25/05/2011(Macusani)Discovers Higher Grade Zone at Isivilla-Macusani Uranium Pro...
07/04/2011and Gold Fields Identify Significant Targets on Amantina JV ...
24/02/2011Closes $12 Million Financing
22/02/2011Vena Resources Files Prospectus Supplement for $12 Million F...
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (VEM.V)FRANKFURT (V1R.F)
1,33-12.50%0,108+0.00%
TSX-V
Cours préc. Ouverture
Bas haut
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  - -
Volume var. 1 mois
-
Produit Manganese - Zinc
Développe
Recherche Copper - Gold - Lead - Silver - Uranium
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 12/01/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
8,24 AU$+0,92%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
3,02 AU$-1,95%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,84 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
0,50 US$-3,27%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,70 GBX-4,39%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,02 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
3,20 CA$-5,88%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
10,65 CA$-1,30%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,30 CA$+0,00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,26 AU$-7,02%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
2,30 CA$+6,48%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
71,21 US$+1,84%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$-6,67%Trend Power :