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West Timmins Mining Inc.

Publié le 24 juin 2009

Intersects 83,40 metres grading 12,75 g/t

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Mots clés associés :   Canada | Zinc |
June 24, 2009

    WTM INTERSECTS 83.40 METRES (273.55 FEET) GRADING 12.75 g/t (0.37 oz/t)

GOLD ON THUNDER CREEK PROPERTY, TIMMINS, ONTARIO

 

  • High Grade Intercept Includes 38.22 g/t (1.11 oz/t) gold over 11.00 metres (36.08 feet) 

(Vancouver, June 24, 2009) - West Timmins Mining Inc. (WTM:TSX) ("WTM" or the "Company") today announced the broadest high grade gold intercept ever reported from the West Timmins District - an impressive 83.40 metres (273.55 feet) grading 12.75 g/t (0.37 oz/t) gold - from hole TC-09-68b on its Thunder Creek Joint Venture in Timmins, Ontario. High-grade gold mineralization occurs throughout the entire width of the host syenite porphyry and contains a number of broad, higher grade sub-zones, including 38.22 g/t (1.11 oz/t) gold over 11.00 metres (36.08 feet).  

 "This is one of the broadest, high-grade gold intercepts ever reported from the Timmins Gold Camp, which ranks as the largest gold camp in North America with over 70 million ounces of gold produced over the last century" said Darin Wagner, President and CEO of West Timmins Mining Inc. "Broad high-grade gold intercepts like the one reported today, are very rare and characteristic of only a very few special situations in the Camp, including the world-class 32 million ounce Hollinger-McIntyre gold system. The Thunder Creek gold system continues to exhibit many of the hallmarks of the Hollinger-McIntyre system including abundant coarse-grained visible gold mineralization, gold mineralization over extremely broad widths in multiple zones proximal to and hosted within a porphyritic intrusion and the association of the gold mineralization with a suite of base metals including tungsten, molybdenum, zinc and lead."   

Hole TC09-68b is located 50 metres above, and was wedged from the same collar as hole TC09-68, intersecting both the Rusk and Porphyry Zones with the intersections centered at approximately 750 vertical metres. The Rusk Zone in hole TC09-68b returned a 4.90 metre gold mineralized intersection including 2.20 metres grading 9.50 g/t, further confirming the continuity and grade of the Rusk Zone.  

Hole

From

To

Interval

Gold

Section

Zone

Number

(metres) 

(metres)

(metres)

g/t

 

 

TC08-63

558.80

559.80

1.00

2.82

8900N

Syenite

 

 

 

 

 

 

 

TC08-65

24.00

25.00

1.00

1.23

8900N

Syenite

 

 

 

 

 

 

 

TC09-68b

866.30

871.20

4.90

5.62

9550N

Rusk Zone

incl.

869.00

871.20

2.20

9.50

 

 

 

 

 

 

 

 

 

 

889.40

972.80

83.40

12.75

 

Porphyry

incl.

888.00

901.00

13.00

24.68

 

Sub Zone 1

 

909.65

911.00

1.35

16.18

 

Sub Zone 2

 

914.50

923.00

8.50

26.78

 

Sub Zone 3

 

928.00

939.00

11.00

38.22

 

Sub Zone 4

 

949.00

956.50

7.50

5.06

 

Sub Zone 5

 

964.00

965.50

1.50

5.74

 

Sub Zone 6

 

 

 

 

 

 

 

 TC09-72

542.20

542.60

0.40

6.30

9600N

Porphyry Zone 

Note: No significant intersections in holes TC08-66, TC08-67 or TC09-71. Due to uncertainties in zone orientations, true widths are not known at this time.  

 

The Rusk and Porphyry Gold Zones are located less than 800 metres from the 1.3 million ounce Timmins (West) gold deposit. Both zones are potentially accessible from the underground workings currently under development by joint venture partner and project operator Lake Shore Gold at Timmins (West). The Thunder Creek gold system can be traced for over 750 metres down-plunge and for over 175 metres along strike at the 750 vertical level. The Porphyry Zone intercept in hole TC09-72 is the shallowest intercept to date and confirms the up-dip extension of the zone. The Rusk and Porphyry Zones remain open to depth. 

Four drills are currently active on the Thunder Creek Property testing the lateral and vertical extensions of the Rusk and Porphyry Zones and other exploration targets on the Property. The identification of anomalous gold mineralization (holes TC08-63 and TC08-65) within a syenite body located approximately 1.0 kilometre to the south of the Rusk and Porphyry Zones, and within 900 metres of WTM's wholly owned and porphyry-hosted Hwy 144 gold discovery, is also viewed as an encouraging development. Strong alteration was also observed over several hundred metres in hole TC09-71 indicating that the Thunder Creek mineralized system remains open in this direction.

WTM holds a 40% interest in the Thunder Creek Property in joint venture with project operator Lake Shore Gold. WTM also holds a 100% interest in, and is actively drill testing, the adjoining Hwy 144 and Thorne Properties located along the extension of the Timmins (West)-Thunder Creek gold trend.

Quality Control

The Thunder Creek Joint Venture is operated by Lake Shore Gold. Mr. Jacques Samson (P.Geo.) is Lake Shore Gold's qualified person ("QP") for the Thunder Creek Property. As QP, he has prepared or supervised the preparation of the scientific or technical information for the Property and has verified the data disclosed in this press release. Mr. Darin Wagner (P.Geo.), President and CEO of the Company, and QP for WTM, has examined the drill intercepts reported. No quality control data were supplied to the Company or Mr. Wagner by Lake Shore Gold prior to this release and the Company is therefore relying on information supplied by the project operator in this regard.

Lake Shore Gold employs a quality control program to ensure best practices in the sampling and analysis of drill core. Assays have been completed using a standard fire assay with a 30-gram aliquot. For samples that return a value greater than three grams per tonne gold, another pulp is taken and fire assayed with a gravimetric finish. Zones with visible gold are tested by pulp metallic analysis. NQ size drill core is saw cut and half the drill core is sampled in standard intervals. The remaining half of the core is stored in a secure location. The drill core is transported in security-sealed bags for preparation at ALS Chemex Prep Lab located in Timmins, Ontario, and the pulps shipped to ALS Chemex Assay Laboratory in Vancouver, B.C. ALS Chemex is an ISO 9001-2000 registered laboratory preparing for ISO 17025 certification.


About West Timmins Mining Inc.
(www.westtimminsmining.com):

WTM is focussed on the exploration and development of district-scale gold projects in the major gold camps of North America. The Company is advancing the high-grade Rusk and Porphyry Gold discoveries on its Thunder Creek joint venture in Timmins, Ontario and continues to test the nearby 5.0 kilometre long Golden River Trend, host to 11 known zones of gold mineralization. West Timmins Mining is based in Vancouver, British Columbia, Canada and trades on the Toronto Stock Exchange under the symbol WTM.

-30-

On behalf of the Board of
West Timmins Mining Inc.

"Darin W. Wagner"

Darin W. Wagner
President and Chief Executive Officer

For further information contact:
John Toporowski, Manager, Investor Relations
West Timmins Mining Inc., Vancouver
Tel: (604) 685-8311 / Toll Free: (866) 685-8311
E-mail: jtoporowski@westtimminsmining.com

The TSX has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.

For further details on West Timmins Mining Inc. please refer to prior disclosure at http://www.sedar.com/. The securities described in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended, or under any U.S. state securities laws, and such securities may not be offered or sold in the United States absent an exemption from such registration requirements.

This press release contains forward looking statements within the meaning of applicable Canadian and U.S. securities regulation, including statements regarding the future activities of the Company. Forward looking statements reflect the current beliefs and expectations of management and are identified by the use of words including "will", "expected to", "plans", "planned" and other similar words. Actual results may differ significantly. The achievement of the results expressed in forward looking statements is subject to a number of risks, including those described in the Company's annual information form as filed with the Canadian securities regulators which are available at www.sedar.com. Investors are cautioned not to place undue reliance upon forward looking statements.

     

   

  

. <
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West Timmins Mining Inc.

CODE : WTM.TO
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West Timmins est une société d’exploration minière basée au Canada.

West Timmins est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 422,2 millions CA$ (404,2 millions US$, 269,5 millions €).

La valeur de son action a atteint son plus bas niveau récent le 28 novembre 2008 à 0,13 CA$, et son plus haut niveau récent le 13 novembre 2009 à 3,18 CA$.

West Timmins possède 140 255 000 actions en circulation.

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Rapports annuels de West Timmins Mining Inc.
Annual Report 2008
2008 Annual Report
Financements de West Timmins Mining Inc.
12/08/2009Receives $7.83 Million Through Exercise of Warrants
04/06/2009ANNOUNCES CLOSING OF $11.5 MILLION BOUGHT DEAL PRIVATE PLACE...
21/05/2009Announces Increase in Size of Bought Deal Private Placement ...
21/05/2009Announces $9 Million Bought Deal Private Placement
05/02/2009Announces Final Closing of Brokered Private Placement
03/02/2009WTM Announces Non-Brokered Private Placement
13/01/2009Announces $2 Million Private Placement
13/08/2008COMPLETES $1,950,000 NON-BROKERED, FLOW-THROUGH PRIVATE PLAC...
07/08/2008ANNOUNCES NON-BROKERED, FLOW-THROUGH PRIVATE PLACEMENT TO RA...
06/08/2008TO GRANT 12 MONTH EXTENSION TO AUGUST 9, 2008 WARRANTS
09/08/2007Closes $13 Million Private Placement Financing
23/07/2007Receives $2,217,547 From Early Exercise of Warrants
20/07/2007Announces $13 Million Private Placement Financing
Nominations de West Timmins Mining Inc.
17/09/2008Message from WTM's Investor Relations Manager
22/11/2007Appoints Manager, Investor Relations
Projets de West Timmins Mining Inc.
14/02/2011Melkior to Resume Drilling at Carscallen Gold Project in Wes...
04/11/2009 Intersects 118.20 Metres Grading 1.03 g/t Gold at Golden Ri...
28/10/2009Drilling Extends North Zone Gold System, Returns Multiple Hi...
06/07/2009(Thorne Property)Intersects 11.15 g/t (0.33 oz/t) Gold Over 7.30 Metres (23.9...
25/06/2009(Thunder Creek)Red Pine Exploration Updates Location Map of Costello Proper...
24/06/2009(Thunder Creek)Intersects 83,40 metres grading 12,75 g/t
09/06/2009(West Timmins)Third and Fourth Drills Added onWTM's Thunder Creek Gold Pro...
10/03/2009WTM INTERSECTS 60.50 METRES GRADING 1.03 g/t GOLD IN EXPANSI...
21/01/2009(West Timmins)DRILLING PROGRAM ACCELERATED ONWTM?S THUNDER CREEK GOLD PROP...
02/12/2008WTM REPORTS NEW HIGH GRADE INTERCEPTS FROM THE GOLDEN RIVER ...
27/11/2008(La Bufa)WTM To Seek New Partner for La Bufa Gold-Copper-Silver Proje...
24/11/2008(Allerston)WTM VESTS 51% INTEREST IN ALLERSTON GOLD PROPERTY,TIMMINS, O...
19/11/2008High Grade Rusk Gold Discovery in 3D - New Video on The Webs...
03/11/2008(Montaña De Oro)WTM VESTS 100% INTEREST INMONTA=D1ADE ORO PROJECT, SONORA, M...
09/09/2008(Lluvia De Oro)UNDERGROUND SAMPLING RETURNS AVERAGE GRADE OF 4.65 g/t GOLD,...
25/08/2008(Montaña De Oro)INTERSECTS MULTIPLE GOLD-SILVER ZONES? LA VIOLETTA OPTION=2C...
05/08/2008(Thunder Creek)22,000 Metre Diamond Drill Program Commences On WTM's Thunde...
28/05/2008(Montaña De Oro)INTERSECTS COPPER MINERALIZATION OVER 267 METRES AT MONTAÑA ...
13/05/2008(Montaña De Oro) Secures Surface Rights and Access for Exploration and Futur...
15/04/2008(Yoquivo) Retain 100% Interest in Yoquivo Gold-Silver Project
31/03/2008(Thunder Creek)Reports 8.57 g/t Gold Over 9.00 Metres from Follow-Up Drilli...
03/03/2008(La Dura West) Intersects 21.23 metres grading 1.03 g/t Gold at La Dura We...
14/02/2008(La Dura West) Intersects Additional Porphyry-style Copper-Gold-Silver Min...
13/02/2008(La Dura West)Intersects 16.64 Metres Grading 5.87% Zinc, 0.58% Copper, 20...
29/01/2008(La Dura West) Extends La Dura East Mineralized System to Three Kilometres
09/01/2008(Montaña De Oro)Drilling Returns 44.60% Zinc from WestTimmins? La Dura West ...
28/11/2007(La Dura West)Reports Highest Grade, Widest Intercepts to Date From La Dur...
18/10/2007(La Dura West) Intersects Zinc-Rich Massive Sulphide Mineralization at La ...
17/10/2007Identifies High Grade Copper-Silver Vein System at La Bufa; ...
25/09/2007(Montaña De Oro)Montañade Oro Project Update, Sonora, Mexico
06/09/2007Reports New High Grade Gold Discovery at Thunder Creek Prope...
01/08/2007High-Grade Gold Intersected on WestTimmins?Thunder Creek Pro...
14/06/2007(Montaña De Oro)Reports 18.35 Metres Grading 5.15% Zinc, 0.45% Copper, 25.65...
12/06/2007Intersects Gold-Silver Mineralization at Yoquivo
29/05/2007(Montaña De Oro)Intersects Lead-Zinc Mineralization Over 95.75 Metres atMont...
26/04/2007Intersects Massive Sulphide Zone atMontañade Oro
28/03/2007Intersects High Grade Gold Mineralization from 4800 Zone, Th...
20/03/2007(Montaña De Oro)Adds Second Drill on Montaña de Oro Project, Mexico; Announc...
Communiqués de Presse de West Timmins Mining Inc.
05/11/2009Shareholders Approve Business Combination Agreement With Lak...
22/10/2009RiskMetrics Group and Glass Lewis & Co=2E
04/09/2009 Announces Record and Voting Dates for...
25/08/2009Acquires 10 Additional Properties in the West Timmins Gold D...
17/08/2009WTM Announces Approval of Shareholder Rights and Stock Optio...
29/07/2009New Link to BNN Interview
28/07/2009WTM President Interviewed on Recent Spectacular Drilling Res...
10/07/2009WTM VESTS 100% OWNERSHIP OF LLUVIA DE ORO GOLD-SILVER PROJEC...
26/06/2009Names New Director
24/06/2009Adopts Shareholder Rights Plan
11/06/2009Announces No Material Change
30/01/2009Announces First Closing of Private Placement at $2.5 Million
22/12/2008New 3-D model of Rusk Gold Zone, Thunder Creek available on ...
16/12/2008 REPORTS 11.20 g/t GOLD OVER 10.40 METRES AT THUNDER CREEK, ...
16/12/2008WTM REPORTS 11.20 g/t GOLD OVER 10.40 METRES AT THUNDER CREE...
06/11/2008WTM REPORTS 40.75 METRES GRADING 1.88 g/t GOLD, 18.29 g/t SI...
29/09/2008EXTENDS LA DURA COPPER ZONE TO OVER 1,000 METRES,MONTA=D1ADE...
22/09/2008MULTIPLE ZONES OF GOLD MINERALIZATION INTERSECTED ON WTM'S T...
05/09/2008ON THE CUTTING EDGE OF GOLD EXPLORATION RESEARCH"
04/09/2008FINALIZES SURFACE RIGHTS ACCESS AGREEMENT?LLUVIA DE ORO, MEX...
19/08/2008A PICTURE IS WORTH A THOUSAND WORDS – THUNDER CREEK
12/08/2008EXPANDS MANAGEMENT TEAM
05/08/200822,000_Metre_Diamond_Drill_Program_Commences_On_Wtm=92s_Th?=...
08/07/2008ACQUIRES 325,000 HECTARES ALONG CAMINO ROJO – PEÑASQUITO – U...
21/05/2008Warrant Exercise and Property Sale Generate $874,000
10/04/2008Intercepts Continue to Expand WTM’s La Dura Discovery
20/02/2008Prominent Gold Miner Makes Major Investment in West Timmins ...
07/02/2008Drilling Extends Pond and West Gold Zones, West Timmins Gold...
07/01/2008Plans an Active 2008
19/12/2007Vends Trout Bay Option Position
04/12/200724.61 Grams Gold Per Tonne Intersected Over 7.0 Metres on We...
04/12/2007and Trelawney Resources Expand La Bufa Copper-Gold Project, ...
15/11/2007 to Initiate Drilling on Highway 144 Gold Property, Timmins,...
15/10/2007Drilling on WTM's Yoquivo Project Continues to Intersect Sil...
20/09/2007Launches New Website on First Anniversary
13/09/2007Continues to Intersect Gold Mineralization on Thorne Propert...
18/07/2007 Acquires One ofMexico?sHighest Grade Historic Gold Producer...
11/07/2007Gold Project Exploration Update
28/06/2007Acquires Carlin Trend Analogue in Central Mexico
26/06/2007Expands La Dura East Discovery
01/05/2007- Underground Development Begins in West Timmins District
11/04/20075 Drills Turning on WTM Gold Projects
05/04/20078,000 Metre Drill Program Begins on West Timmins’ Thunder Cr...
13/03/2007Potential on Thunder Creek
06/03/2007Drilling in Canada and Mexico Continues to Intersect Gold Mi...
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TORONTO (WTM.TO)OTHER OTC (WTMNF)
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