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Rainbow Resources Inc. Announces Ongoing Exploration Work at the Big Strike West Kootenay Area Properties
(via Thenewswire.ca) TORONTO, ONTARIO - (November 19, 2013) Rainbow Resources Inc. ('Rainbo...
About this update from Canadian Critical Minerals Inc
[{"type":"text","content":"Rainbow Resources Inc. Announces Ongoing Exploration Work at the Big Strike West Kootenay Area Properties(via Thenewswire.ca)\n\n \nTORONTO, ONTARIO - (November 19, 2013) Rainbow Resources Inc. ('Rainbow' or 'the Company') (TSX VENTURE:RBW)(OTCQX:RIINF) is pleased to report continuing project work at its Big Strike Project in the West Kootenay Mining District near Nelson, British Columbia, Canada.\n\n \n\nClick Image To View Full Size\n\n \n \n\nRainbow Resources is focusing on the Gold Viking, Whitewater and Referendum properties where vein systems were mapped and sampled at all three sites and 43 samples demonstrating strong mineralization or alteration have been sent to the lab for analysis. Company geologists have conducted further geological and structural mapping which will contribute to upcoming core drilling programs planned for spring 2014. \n\n \n \nMapping was concentrated on evaluating the extent of Au bearing quartz vein systems. Underground workings at the Gold Viking property show dense mineralized quartz veining with open extent along strike (N30?E) and steeply dipping East. Past sampling and drilling demonstrate a strong trend for future targeting of this vein system at large. Mineralization included galena, sphalerite, chalcopyrite and pyrite.\n\n\n \nShowings and adits at the Whitewater site exhibit continuous banded veins from .5 - 2m exposed on a continuous trend over 500m. NE striking vein systems with variable steep dips trending east showed strong mineralization of chalcopyrite, pyrite, pyrrhotite and molybdenum. Road access and vein exposure will contribute to successful targeting and exploration development at this site. \n\n\n \nVein exposures at the Referendum indicate the presence of an echelon shear filling mineralized zone. Numerous trenches expose vertical banded quartz veins up to 2m in width and more than 400m extending East to West. Visible gold was present in dark banded quartz veins. \n\n\n \nFuture drilling is anticipated at all three sites. Drill targeting will take into account upcoming analysis and field observations as well as thorough historical data review.\n\n\n \nMr. Jim Decker, P. Eng., Director of Rainbow Resources Inc. and a Qualified Person as defined by National Instrument 43-101, has reviewed the contents of this news release. \n\n\n \nFinancing Update:\n\n\n \nRainbow recently...