Business

Exploration Results

Exploration Results.

articleAlba Mineral Resources PlcFebruary 14, 20063/company/alba-mineral-resources/news/exploration-results-4
Exploration Results

About this update from Alba Mineral Resources Plc

[{"type":"text","content":"\n Alba Mineral Resources PLC\n14 February 2006\n\n\n Alba Mineral Resources plc\n ('Alba' or 'the Company')\n\n Alba Outlines Gold Mineralization at Bohaun\n\n\nAlba Mineral Resources plc (AIM: ALBA), the UK based exploration company,\nreports positive initial exploration results from a rock sampling programme at\nthe Company's Bohaun licence block in Ireland, in which the Company holds a 100%\ninterest. The results confirm Bohaun as a prospective gold target with high\ngrade potential.\n\n\nHighlights\n \n• Results from a reconnaissance rock sampling survey have outlined a large \n and coherent zone of gold bearing, silicified outcrops and boulders,\n measuring 1.25 kilometres in length and 125 metres wide.\n\n• The programme has confirmed previously known mineralization and\n revealed new gold bearing outcrops.\n\n• Sampling to date has returned a number of high-grade gold results including \n 587.1, 51.1 and 19.9 grams per tonne gold ('g/t Au'), with associated\n silver values of 186.2, 10.9 and 1.4g/t respectively.\n\n\nLance O'Neill, Chairman, Alba Mineral Resources commented; 'The initial results\nfrom Bohaun verify high grade gold mineralization, widespread anomalous gold\nvalues and confirm the potential of the licence area. The Company will conduct\ndetailed infill sampling, soil sampling and prospecting to further assess this\nexciting prospect.'\n\n\nRock Sampling\n\nReconnaissance rock sampling was conducted across a north-north-east trending\nsilicified zone, containing variably developed quartz stockworks with minor\ndisseminated sulphides. The siliceous breccia body is hosted within a package\nof meta-sedimentary country rock.\n\nTo date the known extent of the silicification and associated alteration is\ntraceable in outcrop over 1.6 kilometres and is up to 160 metres in width,\ndipping steeply to the west. Chip sampling was conducted (perpendicular to the\ndominant structural trend) across outcrops and a summary of the results from the\nsampling programme are as follows:\n\nTotal samples: 66\nHighest gold values: 587.1 (boulder), 51.1, 19.9 and 2.3 g/t Au\nSamples over 5 g/t Au: 3 (5%)\nSamples between 1 and 5 g/t Au: 5 (8%)\nSamples between 0.1 and 1 g/t Au: 17 (26%).\n\nThe results from the sampling have outlined a large, coherent zone of gold\nbearing outcrops along a strike length of 1.25 kilometres, ...

More updates from Alba Mineral Resources Plc