Business
39.2 g/t (1.14 oz/t) gold over 4.8 metres (15.7 feet) - Roxmark reports results from deep drilling at Hardrock Project
39.2 g/t (1.14 oz/t) gold over 4.8 metres (15.7 feet) - Roxmark reports results from deep drillin...
About this update from Atlas Salt Inc
[{"type":"text","content":"\n\n\n\nDec. 1, 2009 (Canada NewsWire Group) -- TORONTO, Dec. 1 /CNW Telbec/ -- Roxmark Mines Limited (TSXV-RMK) today announced that deep drilling carried out in the Hardrock Project's North Zone by Premier Gold Mines Limited (TSX-PG) as operator has intersected multiple high-grade gold zones below the bottom level of the historically mined North Zone. Highlights include an intercept of 39.20 grams per tonne gold (g/t Au) across 4.8 metres (m) or 1.14 oz/ton across 15.7 feet (ft). This hole has confirmed that the North Zone deposit is wide open at depth, with intersections as deep as 40 metres below historic workings.In addition, Premier has announced that final work is being done in advance of releasing an initial NI 43-101 resource calculation on open pit style deposits in the Hardrock Project - a Joint Venture between Roxmark and Premier, near Geraldton in the Geraldton-Beardmore Greenstone Belt of Northwestern Ontario in which Roxmark holds a 30% carried interest.North Zone Deeps----------------The first hole drilled to test the down-dip potential of the mine, MM050,has intersected multiple zones of high-grade gold mineralization immediatelybelow the mined portion of the North Zone.Significant intercepts include:- 39.20 g/t across 4.8 m (1.14 oz/ton across 15.7 ft) from 662.7 m to667.5 m- 3.65 g/t Au across 3.0 m (0.11 oz/ton across 9.8 ft) from 681.0 m to684.0 m- 4.03 g/t Au across 6.9 m (0.12 oz/ton across 22.6 ft) from 703.9m to710.8m- Includes 7.90 g/t Au across 2.6 m (0.23 oz/ton across 8.5 ft) from703.9m to 706.5m.Additional drilling to test the extension of the North Zone continues tointersect multiple mineralized zones including a broad mineral-richsection down dip from hole MM050.The North Zone was previously mined to a depth of 2,000 feet (610 m) with production of 2.97 million tons at a recovered grade of 0.22 oz/ton (7.54g/t Au). Mining in the West Zone, a part of the North Zone horizon, resulted in the extraction of 532,254 tons with a recovered grade of 0.23 oz/ton (7.85 g/t Au). Premier has completed a second deep hole, MM079, from which several wedge holes are planned to further define the depth potential of the North Zone.Ongoing work at Hardrock is testing both open pit and underground type targets. Several potential open pit zones have been delineated to be included into a NI 43-101 compliant resource cal...