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Santa Barbara Expands Gold Zone at Sancos, Peru
Jan. 19, 2011 (Filing Services Canada) -- Santa Barbara Resources Limited (SBL - TSX Venture), ...
About this update from Barrick Mining Corporation
[{"type":"text","content":"\nSanta Barbara Expands Gold Zone at Sancos, Peru\n\n\n Jan. 19, 2011 (Filing Services Canada) -- Santa Barbara Resources Limited (SBL - TSX Venture), is pleased to report gold intersections from an additional seven drill holes of the November, December 2010 drill program conducted at its Sancos Project in Peru.  Results from the final six holes of the program drilled in January 2011 will be released when available.  Santa Barbara's President Christoph Lassl stated: \"The Sancos Project continues to deliver very encouraging exploration results given that this is the initial drill program by Santa Barbara on the property.  Specific areas of interest for a planned follow-up drill program in the future will be identified based on resultant geologic and geochemical vectors determined from this program.  The initial drilling at Sancos Central, and also Sancos West, reveals mineralization over long intervals as well as over significant lateral dimensions, occurring within siliceous alteration zones.  The host rock is typically oxidized to significant depths, and this is an important factor for potential leach recovery.  The current drill program has been finished with an additional six drill holes. The follow-up drill program on Sancos will be planned after thorough evaluation of all new information being generated currently, and will expand on the initial success of the current program.\"Drill Program UpdateOf the seven reverse circulation drill holes reported in this release, three have targeted Sancos East, two Sancos Central and two Sancos West, for a total of 1,088 metres (m).  The results of the first eleven holes of the November and December 2010 drill program were reported on January 5, 2011.The holes drilled in Sancos West and Sancos Central returned wide intervals of gold mineralization hosted in granular silica, massive silica, vuggy silica and hydrothermal breccias whereas the holes in Sancos East did not intersect significant mineralization. At Sancos Central, drill hole SARC 012 returned 136 m at an average grade of 0.20 grams per tonne (g/t) gold, including 18 m @ 0.47 g/t gold. The hole ends in mineralization. Other holes located within the same zone at Sancos Central include SARC 011 where 154 m was intersected at an average grade of 0.45 g/t gold, ...