PARTIAL ASSAYS – SILVER QUEEN
High grade assay result received from the sample shown on the website (refer to the website image with the Tooney). Drill Hole 11S-13 ended in good mineralization at 777m with casing from intact for re-entry to deepen the hole.
DDH 11S-13 From 172.6 to 172.82 m, H size core length of 22 cm assayed Mo 3.9%, Cu 0.179%
Drilling directed at the Titan Target A was defined by geophysics programs conducted earlier in the year. Holes 11S-02, -04, -05, -07, -08 and 11, totaling 1723.5 meters, did not encounter significant intersections. The target areas were defined by the combined use of Geotech’s ZTEM airborne and Quantec’s Titan 24 DCIP and MT ground geophysics. Due to the wide spacing of the Titan 24 lines, there is some uncertainty about the strike of Target A. Drill results to date for Target A have do not appear to have intersected a likely source of the geophysical anomaly and the anomaly remains untested. The geophysical data and drilling done to date is being assessed to determine how to best test this anomaly.
Table 1: Silver Queen 2011 Diamond Drilling, Target A |
|
|
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HOLEID |
EAST |
NORTH |
ELEV (m) |
LENGTH (m) |
AZIMUTH (UTM) |
DIP |
11S-02 |
649422 |
5994430 |
846 |
503.5 |
83 |
-70 |
11S-04 |
649815 |
5994535 |
865 |
278 |
231 |
-70 |
11S-05 |
649815 |
5994535 |
865 |
260 |
230.5 |
-45.5 |
11S-07 |
649798 |
5994522 |
864.5 |
275 |
312 |
-70.8 |
11S-08 |
649798 |
5994522 |
864.5 |
212 |
272 |
-70 |
11S-11 |
649879 |
5994283 |
823.5 |
195 |
270 |
-70 |
Results from Target A holes are presented in summary form below:
Table 2: Assay Summaries, Target A: |
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From (m) |
To (m) |
Length (m) |
Au (g/t) |
Cu (%) |
Mo (%) |
Cu Equiv (%) |
11S-02 |
|
|
|
|
|
|
194.5 |
218.5 |
24 |
0.080 |
0.0081 |
0.0007 |
0.067 |
449.5 |
461.5 |
12 |
0.434 |
0.016 |
0.0006 |
0.324 |
480 |
492.9 |
12.9 |
0.061 |
0.019 |
0.0015 |
0.068 |
11S-04 |
|
|
|
|
|
|
80 |
92 |
12 |
0.094 |
0.0073 |
0.0004 |
0.075 |
110 |
122 |
12 |
0.055 |
0.011 |
0.0011 |
0.054 |
209 |
215 |
6 |
0.104 |
0.029 |
0.0024 |
0.112 |
11S-05 |
|
|
|
|
|
|
203 |
206 |
3 |
0.06 |
0.026 |
0.0004 |
0.069 |
206 |
218 |
12 |
0.13 |
0.098 |
0.0005 |
0.194 |
11S-07 |
no significant values |
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|
|
||
11S-08 |
|
|
|
|
|
|
134 |
140 |
6 |
0.07 |
0.006 |
0.0005 |
0.058 |
140 |
152 |
12 |
0.20 |
0.004 |
0.0008 |
0.148 |
11S-11 |
|
|
|
|
|
|
110 |
152 |
42 |
0.20 |
0.022 |
0.0019 |
0.170 |
including: |
|
|
|
|
|
|
131 |
143 |
12 |
0.60 |
0.053 |
0.003 |
0.489 |
Copper equivalent values are provided for comparison purposes only, and do not take into account differences in metal recoveries or smelter charges, or price changes or other factors which could affect the actual value of the mineralized material. Copper equivalent values stated here are based on the following prices, current as of
Au: $55.00 USD/g
Cu: $7.80 USD/kg
Mo: $30.00 USD/kg
Interpretation of geophysical data at the Silver Queen project is ongoing at the Advanced Geophysical Interpretation Centre of Mira Geoscience in
This news release has been reviewed by
ON BEHALF OF THE BOARD
“Signed”
Ellen Clements,
President and Chief Executive Officer
For further information please visit the website at www.nadina.com
or contact
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