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Roxmark reports Hardrock Project drilling continues to intersect high grade gold
TORONTO, March 31 /CNW Telbec/ - Roxmark Mines Limited (TSXV-RMK) today reported on the progress ...
About this update from Atlas Salt Inc
[{"type":"text","content":"\n\n\n\nTORONTO, March 31 /CNW Telbec/ - Roxmark Mines Limited (TSXV-RMK) today\nreported on the progress of the drilling program being carried out on the\nHardrock Project joint venture with Premier Gold in Geraldton, Northwestern\nOntario. Drilling by Premier as operator continues to intersect high grade\nopen pit-style mineralization in the EP-Zone target. Intersections that\ninclude 4.56 grams per tonne gold (g/t Au) across 24.5 metres (m) in hole\nEP029, 3.04g/t Au across 31.3m in hole EP031, and 2.63g/t Au across 43.5m in\nhole EP032 suggest strong tonnage potential as drilling progresses into the\nheart of the EP-Zone. These intersections are located 50 m and 100 m west of a\npreviously announced intersection of 2.37g/t Au across 62.7m in hole EP026.\nThis drilling continues to identify significant near-surface (open pit-style)\nmineralization contained within multiple zones and further supports the\noperator's belief that high grade potential exists proximal to mine workings.\nRecent highlights include:\n\n\n- EP-Zone mineralization has been intersected over a minimum strike\n length of 400 metres and remains open in all directions.\n- The above mentioned intersections are contained within the north limb\n of the EP-Zone. Drilling is ongoing in the South Limb (assays pending)\n along strike from a previously announced intersection of 11.83 g/t Au\n across 11.4 m.\n\nEP-ZONE\n-------\n\nThe EP-Zone is comprised of near-surface mineralization proximal to the\nhistoric North Zone mine workings from which nearly one million ounces of gold\nwas produced to a depth of 2,000 feet. Drilling has identified multiple\nsub-zones within the iron formation-hosted South (SL) and North (NL) Limbs of\nthe EP target. Significant mineralization has been intersected over a strike\nlength of 400 metres, to depths of up to 150 metres and remains open in all\ndirections.\n\nThe following table of the results demonstrates continuity and grade\nwithin the EP-Zone, supporting the operator's belief that historic and new\nresults will be utilized in a NI43-101 compliant resource calculation which is\nexpected to be completed in Q4 2009.\n\n-------------------------------------------------------------------------\n HOLE FROM TO INTERVAL GRADE INTERVAL GRADE\n -ID ZONE (m) (m) (m) (x) (g/tonne) (ft) (x) (oz/t)\n---------------------------------------...