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Vela Minerals Completes Initial Surface Exploration Program at Mavis Bank Jamaica
(via Thenewswire.ca) Vancouver, B.C., Canada, June 26 2013 - Vela Minerals Ltd. (TSX-V: VL...
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[{"type":"text","content":"Vela Minerals Completes Initial Surface Exploration Program at Mavis Bank Jamaica(via Thenewswire.ca)\n \n \nVancouver, B.C., Canada, June 26 2013 - Vela Minerals Ltd. (TSX-V: VLA) (the \"Company\") is pleased to announce the results of a recent exploration program on its Mavis Bank special exclusive prospecting License (SEPL) in Jamaica. The ground exploration program consisted of geological mapping, collection of 501 soil samples on two grids, 84 regional stream samples, and 143 rock samples. Soil grids for both Mavis Bank and Epping were established in order to determine the distribution of base, precious, and pathfinder elements.\n\n \n \nMavis Bank Soil Grid: Sampling results on the Mavis Bank grid feature gold in soil anomalies on the northwest portion which correlate directly with strong copper soil anomalies. Additionally, two soil samples taken in the south portion of the Mavis Bank soil grid area returned 1420 and 1480 ppb Au along with 11.3 and 12.1 ppm Ag, and 6020 and 6200 ppm As respectively. This Au-Ag-As soil anomaly coincides with the location of a geophysical survey residual gravity anomaly that is adjacent to several Pulse-EM geophysical survey conductors that have been interpreted to dip to the west towards the Au-Ag-As soil anomaly. The Au-Ag-As soil anomaly occurs adjacent to a northeast trending creek gully and appears to be structurally related. \n\n \n \nEpping Soil Grid: The Epping grid returned highly anomalous values of 380 to 2010 ppm copper in soils coincident with anomalous gold values of 10 to 166 ppb Au in four different north-northwest trending lineaments. These zones of structural weakness roughly coincide with major fault zones characterized by widespread and locally intense argillic alteration, silicification, chlorite, and carbonate alteration. Although the general trend of mineralization is north-northwest, there is an east-northeast component to the local fabric, which is reflected in the local east-northeast trend of creek gullies where the highest copper in soil anomalies occur (14 soil samples ranging from 338-922 ppm Cu.\n\n \n \nMavis Bank Rock Samples: Copper is highly anomalous in the Mavis Bank area with most samples returning between 429 ppm Cu and 9150 ppm Cu. Thirteen samples returned high-grade copper values of 1.46% - 12.5%. Rock sample number 931383 contains 5.28% Cu, 48.6 g/...