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

Brett Resources Inc

Publié le 08 mars 2010

Drilling Continues to Confirm Continuity of Mineralization Along Known Trends

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada | K Street | Precious Metals |
Home  |  Corporate  |  Sustainability  |  Properties  |  Investors  |  News  |  Investors  |  Contact
News Release Monday, March 08, 2010

Brett Drilling Continues to Confirm Continuity of Mineralization Along Known Trends


News Release 10-07

Brett Resources Inc. ("Brett") (TSX Venture Exchange -- BBR) is pleased to provide an update on assay results from the continued drilling of its Hammond Reef Project, in northwestern Ontario. Three of the better intersections in this set of assays include BR179 which ran 100.50m of 1.39 grams per tonne ("g/t") gold, BR182 which ran 114.0m of 1.33 g/t gold, and BR183 which reported 190.50m of 0.84 g/t gold.

All holes completed prior to the Christmas break were reported in Brett's January 14, 2010, news release "Brett's In-Fill Drilling Continues to Intersect Significant Widths and Grades at Hammond Reef ". The number of drills at Hammond Reef has been increased to five and two more are expected before mid March.

Since drilling resumed in January, more than 36 diamond drill holes have been completed. Results are available for 20 of these holes. The completed holes are part of a definition drill program that consists of both in-fill holes and holes to test the open, down dip limits of the mineralization which defines the current resource. This drill program is being undertaken in both the A-Zone and 41-Zone.

In early February, once ice thickness was sufficiently built-up, Brett moved four drills onto Mitta Lake. These drills are working to complete a 50-metre spaced drill pattern that will provide more information in the sparsely drilled area between the A and 41 Zones. Lake and wet muskeg drilling is a priority for the balance of the winter program.

Patrick Soares, President and CEO comments, "I am pleased that our Hammond Reef project has been ramped up with additional drills and that our new facility is able to support a multi drill program. I am also pleased that good assay results continue to confirm the continuity of the mineralization."

A Zone and Mitta Lake Drilling

The A Zone drilling results presented in Table 1 should be read in conjunction with Figure 1, which is a plan view that shows the location of the holes. The majority of the holes were designed to better define the northeast trend of the mineralization. Two holes (BR-175 and BR-177) were completed at specific orientations to test the continuity of mineralization between cross sections. These two holes also tested for any mineralized cross structures that would not have been readily recognized based on the orientation of previous holes.

These two holes have verified our belief that the Hammond Reef mineralization has good three-dimensional continuity, and further suggest our current resource model does not have any grade bias derived by any unrecognized controls. Also encouraging is the fact that new drilling has demonstrated excellent grade thickness values to the northeast, to Section 2020E, as demonstrated by holes BR-179, BR-180 and BR-183. Drilling beyond Section 2020E may continue to confirm this trend, and further drilling this winter will test this area.

TABLE 1 Summary of Significant A Zone and Mitta Lake Assay Results.

Hole-ID From To Length (m) Gold (g/t)
BR-164 147.50 185.00 37.50 0.70
           
BR-165 242.00 324.50 82.50 0.34
           
BR-167 134.00 155.00 21.00 0.61
    164.00 201.50 37.50 0.36
    314.00 326.00 12.00 0.81
           
BR-171 155.00 200.00 45.00 0.38
  218.00 275.00 57.00 0.56
  293.00 371.00 78.00 0.60
         
BR-175 57.50 87.50 30.00** 0.40
    96.50 320.00 223.50** 1.02
  Incl 107.00 122.00 15.00** 2.03
  Incl 212.00 225.50 13.50** 2.32
           
BR-177 69.50 114.50 45.00** 0.30
    153.50 392.00 238.50** 1.11
  Incl 182.00 197.00 15.00** 2.19
           
BR-179 185.00 212.00 27.00 0.58
    228.50 329.00 100.50 1.39
  Incl 303.50 327.50 24.00 2.43
           
BR180 191.00 245.00 54.00 0.48
    258.50 372.50 114.00 1.33
  Incl 290.00 296.00 6.00 5.57
  Incl 305.00 333.50 28.50 2.10
           
BR182 147.50 165.50 18.00 0.89
  179.00 207.50 28.50 0.82
  Incl 189.50 197.00 7.50 2.09
    216.50 270.50 54.00 0.97
    302.00 335.00 33.00 0.58
           
BR183 120.50 311.00 190.50 0.84
  Incl 282.50 302.00 19.50 2.26


** Not true thickness, holes completed in an orientation that is not perpendicular to the main trend of mineralization.

The balance of the holes to be reported here are from the 41 Zone with two holes (BR-170 and BR-174) testing the area between down dip portion of the 41 Zone and the RAB Zone.

Very poor productivity has been obtained from the drill assigned to test the RAB Area, a new exploration trend. This drill has been replaced, and better productivity is noted with the new rig.

Hole BR-170, encountered moderate alteration and gold mineralization up to 24.0 metres of 0.46 g/t Au, but potential exists to locate additional gold mineralization down dip in this hole.

Hole BR 174 returned only narrow intervals of anomalous gold levels.

The location of the holes in the area of the 41 Zone is illustrated on Figure 2 with the summary of significant assay intervals presented below:

TABLE 2. Summary of Significant 41 Zone Assay Results.

Hole-ID From (m) To (m) Length (m) Gold (g/t)
BR-166 84.50 144.50 60.00 0.43
    218.00 233.00 15.00 1.15
           
BR-168 72.50 102.50 30.00 0.45
    158.00 186.50 28.50 0.43
           
BR-169 68.00 184.63 116.63 0.83
  Incl 102.50 120.50 18.00 2.46
           
BR-170 36.50 53.00 16.50 0.54
    105.50 129.50 24.00 0.46
           
BR-172 21.50 125.00 103.50 0.87
           
BR-173 68.00 180.50 112.50 0.99
  Incl 122.00 132.50 10.50 4.04
  Incl 122.00 123.50 1.50 19.40
    191.00 198.50 7.50 1.06
         
BR-176 24.50 59.00 34.50 0.81
    104.00 194.00 90.00 0.74
           
BR-178 68.00 171.50 103.50 1.00
  Incl 68.00 77.00 9.00 2.31
  Incl 162.50 164.00 1.50 13.70


Quality Assurance and Quality Control

The Company utilizes standard industry practices in quality control and quality assurance with insertion of blind standards, blanks, and duplicates, in addition to the quality assurance and quality control practiced by the assay laboratory. Sample preparation and analysis are conducted by ALS Chemex Laboratories with sample preparation in Thunder Bay, ON, and analyses of pulps in North Vancouver, BC, ISO/IEC guideline 17025 accredited facilities. The geologist and Qualified Person under the terms of National Instrument 43-101 responsible for the verification of work and data acquisition at Hammond Reef is John Zbeetnoff, P. Geo.

Assay results used in this news release have some minor out of range control samples, as such, these control samples as well as some of their related core samples are currently undergoing analytical rerun analyses for gold at the analytical lab. The assay results for these reruns are expected within four to six weeks. It is not expected that there will be any noticeable impact on the final length weighted grade calculations. All significant grade changes will be reported in future new releases, minor changes will be posted on the website.

The Qualified Person responsible for this news release under the terms of National Instrument 43-101 is Patrick Soares, P.Geo.

About Brett Resources Inc.

Brett Resources Inc. is a Canadian minerals exploration company whose primary mandate is the discovery, acquisition, and development of precious metals systems, with particular expertise in Canada and Latin America. Since 2006 Brett's primary focus has been the 100 percent owned Hammond Reef Gold Deposit in Ontario where a C.I.M. Inferred Resource of 6.70 million ounces of gold, 259.4 million tonnes at a grade of 0.8 grams per tonne utilizing a 0.3 gram per tonne gold cut-off has been outlined. The Company will continue to advance this flagship Project.

Patrick Soares,
President & CEO

Neither TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Contact: Tony Perri, Manager, Investor Relations at 604-488-0008
or Raju Wani of Wani Capital at 403-240-0555
Brett Resources Inc. Suite 611 - 675 West Hastings Street, Vancouver, BC V6B 1N2
Tel: (604) 488-0008 Fax: (604) 669-2543 tperri@brettresources.com www.brettresources.com

You can also view this News Release on our website at:
http://www.brettresources.com/s/NewsReleases.asp?ReportID=388690
 

Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Brett Resources Inc

CODE : BBR.V
CUSIP : 10737B
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

Brett Res. est une société d’exploration minière basée au Canada.

Brett Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 414,2 millions CA$ (409,8 millions US$, 321,4 millions €).

La valeur de son action a atteint son plus bas niveau récent le 30 décembre 2005 à 0,11 CA$, et son plus haut niveau récent le 13 août 2010 à 4,89 CA$.

Brett Res. possède 86 654 000 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
 
Dans les médias de Brett Resources Inc
30/03/2006Management Refocuses Brett
Rapports annuels de Brett Resources Inc
2008 Annual Report
2007 Annual Report
Financements de Brett Resources Inc
10/07/2009Completes $14,030,000 Bought Deal Financing
19/06/2009Increases Bought Deal Offering to $12.2 Million
17/06/2009Announces $10 Million "Bought Deal" Financing
30/06/2008Closes $3.0 Million Non-Brokered Private Placement
24/06/2008Closes $6.75 Million Brokered Private Placement
04/06/2008Increases Private Placement Financing to $9.75 million
14/01/2008 Announces Early Expiry of Warrants
Attributions d'options de Brett Resources Inc
21/03/2006announces stock options
Nominations de Brett Resources Inc
17/07/2009Appoints New Board Member and Grants Options
Projets de Brett Resources Inc
03/09/2009(Hammond Reef)Hammond Reef Project to Recover 93% of the Gold
23/07/2009(Hammond Reef)Hammond Reef Inferred Gold Resource Grows to 5.2 Million Oun...
08/06/2009(Hammond Reef)Awards Scoping Study Contract for Hammond Reef, Ontario
05/02/2009(Hammond Reef)Step-out Drilling Looks to Expand the 4.8 Million Ounce Gold...
02/06/2008(Hammond Reef)and Kinross Complete Hammond Reef Purchase Agreement
27/05/2008(Hammond Reef)Drilling Expands Mineralization along Strike
27/03/2008(Hammond Reef)Consolidates Ownership of Hammond Reef Project and Forms Str...
02/08/2007Intersects 244.5 metres of 1.04 g/t Gold at Hammond Reef
25/06/2006(Coal Creek)2006 Technical report
15/06/2006(Hammond Reef)2006 Technical report
12/06/2006commences drilling on Santa Clara project, El Salvador
02/03/2006(Sleitat)2006 Technical report
Communiqués de Presse de Brett Resources Inc
09/03/2010Signs Agreement In Principle For A Formal Impact And Benefit...
08/03/2010Drilling Continues to Confirm Continuity of Mineralization A...
08/09/2009Signs Memorandum of Understanding with the Fort Frances Chie...
21/08/2009Hires Investor Communications Consultant
03/06/2009Announces Incentive Stock Option Grant
20/01/2009Hires VP of Operations
04/12/2008Drilling Expands and Verifies Resource Model
04/11/2008Announces Incentive Stock Option Grant
30/08/2008Director Resigns to join Dundee Securities as Mining Analyst
14/07/2008Drills 123 metres of 1.40 g/t Au
04/06/2008Announces $9,000,000 Financing
16/05/2008Annual General and Special Meeting Results
02/01/2008 Makes Changes to its Board
26/11/2007 Enhances Management Team
16/10/2007 Adds Prospective Showings to Hammond Reef Property
11/10/2007Moves to Tier One
02/10/2007Intercepts 267 metres of 1.02 g/t Gold at Hammond Reef
26/02/2007Brett's 2007 Drilling at Hammond Reef Confirming Potential t...
24/03/2006(Hammond Reef)announces acquisition within Hammond Reef property
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (BBR.V)Other OTC (BBRRF)
4,78+1.27%4,59+0.00%
Dernières informations avant suppression de la cote
Cours préc. Ouverture
4,72 4,74
Bas haut
4,73 4,89
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  4,78 -%
Volume var. 1 mois
0 -%
Produit
Développe
Recherche
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 12/04/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
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$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,72 AU$-0,39%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+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
12,26 US$+2,68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,53 GBX-1,87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,64 CA$-1,86%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
16,23 CA$+4,04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,24 CA$+4,26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,21 AU$+10,53%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,88 CA$+0,53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
52,71 US$+0,19%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+5,56%Trend Power :