Business
Champion Bear commences resource definition drilling at Eagle Rock Cu-Ni-PGE property in the Dryden area
(TSX Venture: CBA) CALGARY, July 28 /CNW/ - Champion Bear Resources Ltd. ("Champion Bear") has co...
About this update from Champion Bear Resources Ltd.
[{"type":"text","content":"\n\n\n\n(TSX Venture: CBA)\n\n\nCALGARY, July 28 /CNW/ - Champion Bear Resources Ltd. ("Champion Bear")\nhas commenced approximately 10,000 metres of drilling at its wholly-owned\nEagle Rock Property to assess the quality and quantity of the mineralization\nat the property and prepare a resource estimation as warranted at the\nconclusion of the drilling program. In addition to the drilling, the company\nwill also be carrying out a systematic surface trenching and channel sampling\nprogram and extending the previously completed IP and geological mapping\nprogram.\n\n\nDrilling will be completed in two stages, an initial 4,000 metres, and\nthe balance as field conditions permit. The drill program has been designed to\ndrill test the mineralized zone at 50 metre centres both along strike and down\ndip.\n\n\nThree recently completed test drill holes in December 2007 (see full\ndetails in the news release dated February 21, 2008) encountered encouraging\nresults (see Table 1).\n\n\n Table 1 - Summary Table of 2007 Eagle Rock Drill Core Assay Results\n\n-------------------------------------------------------------------------\n Plat- Palla- Nic-\n Inter- Gold inum dium Copper kel\n section g Au/t g Pt/t g Pd/t 3PMs % % Ni\n Hole From To Metres(1) (x) (x) (x) g/t(x) Cu(xx) (xx)\n-------------------------------------------------------------------------\nER-07-47 127.5 202.5 75.0 0.150 0.186 0.337 0.673 0.35 0.06\n-------------------------------------------------------------------------\nincluding 174.5 197.5 23.0 0.239 0.289 0.510 1.038 0.53 0.08\n-------------------------------------------------------------------------\n\n-------------------------------------------------------------------------\nER-07-48 110.5 133.6 23.1 0.197 0.251 0.429 0.877 0.43 0.07\n-------------------------------------------------------------------------\nincluding 112.5 121.5 15.0 0.246 0.318 0.542 1.105 0.55 0.09\n-------------------------------------------------------------------------\n\n-------------------------------------------------------------------------\nER-07-49 148.0 178.0 28.0 0.155 0.181 0.429 0.635 0.22 0.04\n-------------------------------------------------------------------------\nincluding 148.0 152.0 4.0 0.332 0.438 0.691 1.461 0.45 0.06\n-------------------------------------------------------------------------\nincluding 172.0 178....