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15.54 g/t Au Intersected at Nambija
15.54 g/t Au Intersected at Nambija
About this update from Canuc Resources Corporation
[{"type":"text","content":"\n\n\n\n Aug. 4, 2010 (Canada NewsWire Group) -- \n\n \n \n \nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\nTSX Venture Exchange\nSymbol: CDA\nShares Outstanding: 43,004,598\n\nTORONTO, Aug. 4 /CNW/ - Canuc Resources Corporation ("Canuc" or the "Company") TSXV: CDA is pleased to report that additional assays have been received from drill holes in the El Tierrero (ET) Zone on the Nambija project in Ecuador. Drill hole N10 - 003, intersected geochemically anomalous gold between 1.52 and 15.60 meters averaging 1.158 g/t Au. At a depth of 196.30 meters, the drill hole intersected a 1,0 meter section of metasediment assaying 15.54 g/t Au. This further confirms the presence of gold at depth in the system as demonstrated by Placer Dome drill hole PD-002 which returned a 2 meter intersection assaying 147 g/t gold and 46 g/t silver at a vertical depth of approximately 160 meters below the collar.\nIn drill hole N10 - 004, gold mineralization is also present in the upper portion of the drill hole with anomalous values encountered to a depth of 41.0 meters.\nThe results for drill holes N10 - 003 and N10 - 004 have been returned and are summarized below.\n\n\n >\n\n\nDue to the presence of coarse nuggety gold as well as abundant, very fine "flour" gold near the collars of drill holes N10 - 002, N10 - 003 and N10 - 004, metallic screen fire assaying is being conducted on select pulps and rejects to ensure that the gold is being represented in the assays. Two bulk samples (20 kg. each) have also been collected from a large pit in this area and the material coned and quartered to check both the size fraction of the gold plus the distribution of the gold within the host rock.\nTo better define the mineralization along the ET trend, underground channel sampling is being conducted in areas where accessible on a 10 meter grid with samples collected on both walls.\nAs in many gold systems, copper and silver are also present and locally occur proximal to the gold mine...