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2008 drilling also to test Nortoba-Tyson gold veins - Roxmark plans winter drilling, re-opening of Northern Empire Mine

TORONTO, Nov. 20 /CNW Telbec/ - Roxmark Mines Limited (TSXV - RMK) (CNQ - RMKL) today announced t...

articleAtlas Salt IncNovember 20, 20074/company/atlas-salt-inc/news/2008-drilling-also-to-test-nortoba-tyson-gold-veins-roxmark-plans-winter-drilling-re-opening-of-northern-empire-mine
2008 drilling also to test Nortoba-Tyson gold veins - Roxmark plans winter drilling, re-opening of Northern Empire Mine

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[{"type":"text","content":"\n\n\n\nTORONTO, Nov. 20 /CNW Telbec/ - Roxmark Mines Limited (TSXV - RMK)\n(CNQ - RMKL) today announced that it has scheduled a Winter 2007-08 field\ndrilling program to test the additional known strike length of 1,200 metres\nstill undrilled on the west extension of the Contact Zone at its Northern\nEmpire property. The Company also announced that it is planning to reopen the\nNorthern Empire Mine in late 2008-utilizing existing infrastructure above and\nbelow ground-on the strength of expectations driven by results of historical\nand recent drilling on the mine's east extension and by the conclusions of a\n2006 geological assessment.\n\n\nThe Northern Empire Mine was operated successfully by Newmont Mines from\n1934 to 1941. The mine was serviced by a shaft to a depth of 2,640 feet and\nproduced 149,000 ounces of gold from 426,000 tons of ore at a recovered grade\nof 0.35 oz/t Au. The on-site 200TPD mill (expandable to 500TPD) was built in\n1982 and upgraded and permitted by Roxmark. It processed gold and molybdenum\nores in 2005 and 2006, respectively.\n\n\nIn 2006, SRK Consulting was commissioned to digitize available drilling\nand other information on the mine and to develop a 3D mineralization model\nwhich outlined 150,000 ounces of potential gold resources in the mine area.\nThe SRK assessment is not NI 43-101 compliant.\n\n\nThis past summer, Roxmark carried out a limited 26-hole program totaling\n2,711 metres on a strike length of just 200 metres located 700 metres east of\nthe Northern Empire Mine shaft. This was in addition to the 30 holes\n(16,805 metres) completed in 1986-1987. Peter Bevan, consulting geologist and\na qualified person under NI 43-101, has calculated the resources above the\ndiabase sill to the second level (300 feet) only, as per NI 43-101, although\nmineralization continues at depth and along the strike. Based on a cut-off\ngrade of 3g/t and a minimum horizontal width of 0.92 metres, indicated and\ninferred resources for 200 metres of strike length of the Contact and Power\nzones are as follows:\n\n\n-------------------------------------------------------------------------\n Grade Grade Ounces\n Tonnes g/t. Au oz/t. Au of gold\n-------------------------------------------------------------------------\n\n-------------------------------------------------------------------------\nPower (Indicated) 12...

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