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

Niblack Mineral Development Inc.

Publié le 06 septembre 2007

Three Bluffs Drilling Delivers Outstanding Intercepts 19.44 g/t Au over 23.67 metres, 38.59 g/t Au o

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada |
Committee Bay Resources Ltd News Release

September 06, 2007

Three Bluffs Drilling Delivers Outstanding Intercepts 19.44 g/t Au over 23.67 metres, 38.59 g/t Au over 9.34 metres and 9.54g/t Au over 20.94metres Committee Bay Greenstone Belt Project, Nunavut, Canada

EDMONTON, Alberta – Committee Bay Resources Ltd. (CBR: TSXV) (“Committee Bay”) today announced drill results from the initial eight holes of a 24 hole drill program on the Three Bluffs Deposit at the Committee Bay Greenstone Belt Project in Nunavut, Canada. These infill drill holes confirm consistent widths and high grades of the Three Bluffs gold deposit and will be used to upgrade the current Inferred Resource of 487,000 ounces*.

Key Highlight Points:

  • High grade gold intercepts include 19.44 g/t Au over 23.67 metres, 38.59 g/t Au over 9.34 metres, and 9.54g/t Au over 20.94 metres within the high grade “hinge zone”
  • Sections of high grade and broad intervals have potentially expanded the current resource area
  • Additional infill and expansion drill results pending from 16 holes

“The initial gold values from this drill program are outstanding.” stated Committee Bay CEO and President, John Williamson. “Hole 07TB048 has yielded the second highest ‘grade times thickness’ gold value we have encountered since we started exploring the Committee Bay Greenstone Belt.”

These eight holes represent the initial results from Committee Bay’s CDN$5.5 million 2007 program, focused primarily on upgrading and expanding the Three Bluffs resource. In 2007, 3,570 metres in 24 holes have been completed at Three Bluffs, with results from 16 holes pending. Upon receipt of the final assay results, the Company will initiate a new updated resource estimate for the Three Bluffs Deposit.* (See Figures 1 & 2 below for hole pattern). It is anticipated that infill drilling at a nominal 30m by 30m intervals will result in upgrading the resource to indicated status, while deeper, wider spaced step out drilling will add new inferred ounces.

Three Bluffs Deposit

The Three Bluffs Deposit is in the central portion of the Committee Bay Greenstone belt, which is northeast of Baker Lake, Nunavut. The deposit is hosted within a folded iron formation. Previous drilling at Three Bluffs has defined gold mineralization for at least 1 kilometre along strike, with the greatest concentration of gold situated in a shallow east-plunging fold hinge of iron formation. High grade gold mineralization has also been identified in the limbs of the fold, to over 300m below surface, and remains open to depth along the 1 kilometre of identified strike length. Furthermore, additional exploration potential exists to the west and the high grade hinge zone which plunges shallowly east, may extend eastwards below a flat lying diorite intrusion.

*A high grade Inferred Mineral Resource of 1.9 millions tonnes grading 8.0 g/t Au for 487,000 ounces was calculated in 2004, using data from 49 drill holes. Using a lower cutoff grade, the Inferred Mineral Resource is increased to 5.1 million tonnes grading 4.0 g/t Au for 657,000 ounces. (See Company press release dated November 29, 2004)

Table 1. Three Bluffs Drill Results- 2007 Summer Program**


Hole

From (m)

To (m)

Interval (m)

Au g/t

Grade-Thickness (gxm)

Limb

07TB045

62.04

103.00

40.96

5.10

208.90

hinge

including

67.09

88.03

20.94

9.54

199.77

hinge

including

78.22

88.03

9.81

19.07

187.08

hinge

including

79.12

84.17

5.05

16.51

83.38

hinge

07TB046

53.00

103.00

50.00

3.84

192.00

hinge

including

63.00

102.00

39.00

4.76

185.74

hinge

including

73.00

83.00

10.00

11.64

116.35

hinge

including

75.00

79.00

4.00

18.12

72.48

hinge

07TB047

115.00

121.00

6.00

1.73

10.38

S-limb

and

153.66

159.60

6.24

3.51

21.90

N-limb

including

156.00

159.60

3.60

5.73

20.64

N-limb

07TB048

34.33

58.00

23.67

19.44

460.14

hinge

including

36.00

50.50

14.50

30.72

445.44

hinge

07TB049

87.00

96.34

9.34

38.59

360.43

S-limb

07TB050

81.00

83.00

12.00

2.25

27.00

S-limb

and

118.00

128.00

10.00

1.05

10.46

N-limb

07TB051

46.00

74.00

28.00

2.09

58.50

hinge

including

57.00

59.00

2.00

6.55

13.09

hinge

and

70.00

73.00

3.00

4.23

12.69

hinge

07TB052

102.00

126.09

24.09

2.53

60.91

S-limb

including

117.00

123.00

6.00

7.37

44.21

S-limb

 

144.00

156.00

12.00

3.98

47.76

N-limb

including

152.00

155.00

3.00

9.27

27.81

N-limb

**Note: Grade-Thickness calculated utilizing down hole lengths

About Committee Bay Project

The Committee Bay Greenstone Belt is 300 km long, 5 to 50 km wide and geologically comparable to the great Canadian gold producing greenstone belts of Red Lake, Timmins and Kirkland Lake. Drilling at the Three Bluffs prospect in 2004 defined an Inferred Resource of 1.9 million tonnes at 8.0 grams per tonne (g/t) Au for 487,000 contained ounces (*See CBR press release – November 29, 2004). The Committee Bay belt currently hosts more than 40 high-grade gold occurrences but remains one of the longest and least explored greenstone belts in Canada.  Committee Bay currently holds a 100% interest in approximately 640,000 acres if land with prospective geology along the Committee Bay belt

About Committee Bay Resources Ltd.

Committee Bay controls major greenstone belts in Nunavut and Western Australia and has the opportunity to conduct year-round exploration on three continents in order to build on its existing gold resources.

Committee Bay Resources Ltd. maintains an extensive quality control program in the preparation, shipping and checking of all samples from the property.  The program is supervised by Peter Kleespies, P.Geol. who is the Qualified Person as defined by NI 43-101.  A detailed description of Committee Bay’s QA/QC program is provided on the Company’s website at www.committeebay.com.

On behalf of the Board
Committee Bay Resources Ltd.
/s/”John Williamson”
John Williamson, P.Geol.
President, CEO & Director

For further information, please contact Investor Relations:
Derek Iwanaka or Jim Paterson
Dial 604-646-4527 or toll-free 1-888-331-2269
**  WEBSITE: http://www.committeebay.com/ **

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

Certain disclosures in this release, including management's assessment of Committee Bay’s plans and projects, constitute forward-looking statements that are subject to numerous risks, uncertainties and other factors relating to Committee Bay's operation as a mineral exploration company that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements. Committee Bay expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

Figure1. Three Bluffs Deposit Long Section Map – South Limb
(Note: grade-thickness products of 30 gram-metres and above are considered of particular interest)
image1

 

Figure 2. Three Bluffs Deposit Long Section Map – North Limb
(Note: grade-thickness products of 30 gram-metres and above are considered of particular interest)
image2

- -

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

Niblack Mineral Development Inc.

PRODUCTEUR
CODE : NIB.V
ISIN : CA65365X1096
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

Niblack Mineral est une société de production minière de zinc et d'or basée au Canada.

Niblack Mineral détient divers projets d'exploration au Canada et en Australie.

Ses principaux projets en production sont 3 BLUFFS au Canada et JAURDI HILLS en Australie et ses principaux projets en exploration sont BORDEN et NIBLACK au Canada et JAURDI HILLS (BLACK CAT) en Australie.

Niblack Mineral est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 15,5 millions CA$ (15,5 millions US$, 11,6 millions €).

La valeur de son action a atteint son plus haut niveau récent le 23 janvier 2004 à 9,95 CA$, et son plus bas niveau récent le 23 décembre 2011 à 0,16 CA$.

Niblack Mineral possède 35 977 000 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
 
Rapports annuels de Niblack Mineral Development Inc.
2008 Annual Report
Financements de Niblack Mineral Development Inc.
04/01/2012Announces Private Placement
Projets de Niblack Mineral Development Inc.
12/01/2012Announces Security holder Approval for Arrangement with Heat...
01/12/2011(Niblack)Supports As Heatherdale Explores Niblack Project Partnership...
31/08/2011(Niblack)Joint Venture Partner Completes Requirments To Secure 60% In...
22/08/2011Joint Venture Receives Priority Permitting Approval From US ...
16/03/2011(Niblack)Larger Niblack Mine Estimates Released
13/07/2010(Niblack)Expands Precious Metals-Enriched VMS Deposit
06/05/2008(Commitee Bay)Exploration Program Set for 2008 Committee Bay Greenstone Be...
30/04/2008(Coolgardie)Concludes Sale of Coolgardie Gold Project for Total Consider...
15/04/2008(Coolgardie)Focus Minerals Shareholders Approve Acquisition of Committee...
13/03/2008(Commitee Bay)Significant Resource Upgrade for Three Bluffs Deposit Commit...
19/02/2008(Coolgardie)Further Resource Upgrade For High-Grade Perseverance Gold De...
30/01/2008(Redemption)Enters Exclusivity Agreement Redemption Joint Venture Proje...
20/12/2007(Redemption)Perseverance Feasibility Study Yields Positive Result Base C...
12/12/2007Further High Grade Drill Results from Perseverance Deposit
31/10/2007(Commitee Bay)Final 2007 Three Bluffs Drilling Results: 9.29 g/t Au over 8...
09/10/2007Upgraded Resource Within the "Tindals Gold Mining Centre"
13/09/2007(3 Bluffs)Three Bluffs Drilling Continues to Expand Resource Potential
05/09/2007New High Grade Intersections Increase Size Potential of Inuk...
Communiqués de Presse de Niblack Mineral Development Inc.
19/01/2012Announces Acquisition by Heatherdale Resources Ltd.
16/12/2011Mails Information Circular
29/11/2011(Niblack)Joint Venture Announces 31% Increase To Total Mineral Resour...
26/10/2011(Niblack)Definitive Agreement Reached between Niblack and Heatherdale
28/07/2011(Niblack)Drilling Continues To Intersect & Expand Mineralization At N...
07/03/2011Announces 54% Increase to Mineral Resources
06/05/2010Amends Warrant Terms
30/07/2008Acquire Key Areas on Borden Project Airborne Magnetics Surve...
20/06/20082008 Committee Bay Exploration Program Initiated
06/02/2008 Will Be Exhibiting at the 2008 Phoenix Resource Investment ...
06/11/2007 Present at the 2007 Money Talks Conference
05/11/20072007 President'sLetter and Corporate Update
18/10/2007 to present at Toronto and New Orleans Investment Conference...
14/09/2007Drill Program Extended at Three Bluffs Deposit
06/09/2007Three Bluffs Drilling Delivers Outstanding Intercepts 19.44 ...
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (NIB.V)
0,430+1.18%
TSX-V
Cours préc. Ouverture
Bas haut
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  - -100,00%
Volume var. 1 mois
-100,00%
Produit Gold
Développe
Recherche Copper - Diamonds - Gold - Lead - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 23/01/2010
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$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
8,10 AU$-1,28%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
3,08 AU$+4,76%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,84 AU$+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$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
3,40 CA$-7,36%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$+1,72%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,28 AU$+1,82%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,76 CA$-2,22%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
69,92 US$+0,59%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+0,00%Trend Power :