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Brett Drills 123 metres of 1.40 g/t Au
News Release 08-17
Brett Resources Inc. (TSX Venture Exchange -- BBR) is pleased to report the remaining drill results from its initial 2008 drill program on the Hammond Reef Property, located 22 kilometres northeast of Atikokan, Ontario. Results reported below are from the eastern portion of the A Zone, and from three holes located along strike to the northeast on Mitta Lake. Highlights from the A Zone drill holes include hole BR-099 with 162 metres of 1.23 g/t Au, hole BR-104 grading 1.19 g/t Au over 102 metres and drill hole BR-109 containing 123 metres of 1.40 g/t Au. See drill plan map for locations of the holes reported herein.
|
SUMMARY OF INTERVALS |
|
Hole |
From |
To |
Length |
Au |
Location |
|
|
(m) |
(m) |
(m) |
(g/t) |
|
|
A Zone |
|
|
|
|
|
|
|
|
|
|
|
|
|
BR-099 |
46.5 |
54.0 |
7.5 |
1.24 |
Sec 1650E |
|
|
138.0 |
148.5 |
10.5 |
1.23 |
|
|
|
177.0 |
339.0 |
162.0 |
1.23 |
|
|
incl. |
289.5 |
304.5 |
15.0 |
4.25 |
|
|
|
|
|
|
|
|
|
BR-103 |
193.5 |
229.5 |
36.0 |
0.66 |
Sec 1800E |
|
|
238.5 |
264.0 |
25.5 |
0.99 |
|
|
|
|
|
|
|
|
|
BR-104 |
37.5 |
46.5 |
9.0 |
1.37 |
Sec 1650E |
|
|
138.0 |
240.0 |
102.0 |
1.19 |
|
|
incl. |
174.0 |
196.5 |
22.5 |
1.64 |
|
|
and |
223.5 |
238.5 |
15.0 |
2.15 |
|
|
|
|
|
|
|
|
|
BR-105 |
91.5 |
114.0 |
22.5 |
0.74 |
Sec 1600E |
|
|
139.5 |
205.5 |
66.0 |
1.13 |
|
|
|
211.5 |
291.0 |
79.5 |
0.90 |
|
|
|
|
|
|
|
|
|
BR-107 |
186.0 |
193.5 |
7.5 |
1.17 |
Sec 1600E |
|
|
205.5 |
234.0 |
28.5 |
0.73 |
|
|
|
270.0 |
277.5 |
7.5 |
1.15 |
|
|
|
|
|
|
|
|
|
BR-109 |
28.5 |
42.0 |
13.5 |
1.32 |
Sec 1700E |
|
|
130.5 |
253.5 |
123.0 |
1.40 |
|
|
Inc. |
132.0 |
150.0 |
18.0 |
2.51 |
|
|
Inc. |
162.0 |
181.5 |
19.5 |
2.79 |
|
Reported intervals are calculated using a 0.3 g/t Au cutoff over 6 metres and represent down hole lengths, which are roughly perpendicular to mineralization as interpreted on cross section.
Results from hole BR-099, on section 1650E, indicate that the A Zone mineralization is still open down dip to the southeast, and that near surface hanging wall intervals of good grade mineralization continue to be encountered. Drill holes BR-104 and BR-109 are located within a low lying area in the northeastern portion of the A Zone, in an area that had no historic drilling. Results from these holes and other previously reported adjacent holes continue to expand the A Zone mineralization in this area.
Also of significance are the results from drill hole BR-108, located on Mitta Lake. As shown below, it returned 1.50 g/t Au over 36 metres followed closely by an intercept of 1.08 g/t over 34.5 metres. Hole BR-108 is located along the northeast strike of mineralization, indicating that the Hammond Reef deposit is still open in this direction as well. Hole BR-110, also located on Mitta Lake, was abandoned due to deteriorating ice conditions as it was just entering mineralization. Drilling has resumed on the project with more holes planned to test for further extensions of mineralization.
|
Hole |
From |
To |
Length |
Au |
Location |
|
|
(m) |
(m) |
(m) |
(g/t) |
|
|
Mitta Lake |
|
|
|
|
|
|
|
|
|
|
|
|
BR-100a |
93.0 |
117.0 |
24.0 |
1.05 |
Sec 2000E |
|
|
169.5 |
198.0 |
28.5 |
0.61 |
|
|
|
207.0 |
262.5 |
55.5 |
1.04 |
|
|
|
|
|
|
|
|
|
BR-108 |
159.0 |
195.0 |
36.0 |
1.50 |
Sec 2050E |
|
|
202.5 |
237.0 |
34.5 |
1.08 |
|
|
|
297.0 |
310.5 |
13.5 |
0.96 |
|
|
|
366.0 |
381.0 |
15.0 |
2.05 |
|
|
|
|
|
|
|
|
|
BR-110 |
57.0 |
64.5 |
7.5 |
0.72 |
Sec 2150E |
|
|
72.0 |
84.0 |
12.0 |
0.91 |
EOH - abandoned |
Brett's President and CEO Patrick Soares comments "These results continue to indicate that the Hammond Reef Deposit extends eastward towards the 41 Zone. Our current phase of drilling is focusing on expanding the physical limits of the deposit on strike as well as at depth. New exploration targets delineated by trenching in 2007 will also be targeted as part of the exploration drill program. All drilling completed to the end of April 2008, will be incorporated into the model being prepared for a NI 43-101 compliant gold resource estimate for Hammond Reef. The new resource estimate is anticipated in late summer."
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, Ont. and analyses of pulps in North Vancouver, BC ISO/IEC guideline 17025 accredited facilities. The Project Manager and Qualified Person under the terms of National Instrument 43-101 responsible for the conduct of work and data acquisition at Hammond Reef is Denis Villeneuve, P.Geol.
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. Opportunities in the acquisition of tin and tungsten resources in North America and gold in Ontario have provided diversification to its asset portfolio.
ON BEHALF OF THE BOARD OF DIRECTORS OF
BRETT RESOURCES INC.
"Patrick Soares"
Patrick Soares, President & CEO
Cautionary Statements on Forward-Looking Information.
The statements made in this News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Contact: Patrick Soares, President or Tony Perri, Manager, Investor Relations
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
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http://www.brettresources.com/s/NewsReleases.asp?ReportID=311510 |