Originaltext
Diese Übersetzung bewerten
Mit deinem Feedback können wir Google Übersetzer weiter verbessern
Home
Champion Bear Resources Ltd.
Western extension of main gold horizon confirmed at Champion Bear's Plomp Farm gold project in Dryden
Published Sep 14 2005
3 min read

Western extension of main gold horizon confirmed at Champion Bear's Plomp Farm gold project in Dryden

CALGARY, Sept. 14 /CNW/ - Champion Bear Resources Ltd. ("Champion Bear"
or the "Company") is pleased to announce that a recently completed ground
magnetic survey confirms the extension of the main gold horizon over the
Company's entire Plomp Farm Property (including the western claims optioned
from Teck-Cominco), a distance of more than 4 kilometres. The magnetic survey
results show a continuous pattern (a moderate low response) (see the hatched
area in the attached Figure 1 (to view, click
http://files.newswire.ca/363/bear1.pdf), which has been interpreted as the
expression of the mineralized horizon. The central 1.4 kilometre portion of
this magnetic zone coincides with the projected surface expression of gold
mineralization encountered in the diamond drilling completed to date and as
shown in the attached Figure 2 (to view, click
http://files.newswire.ca/363/bear2.pdf) (previously released June 1, 2005).
The Company is encouraged by the magnetic survey results which support the
current interpretation that the mineralized horizon continues and plunges to
the west. The current interpretation is based on geochemical and geological
parameters.
Champion Bear has also completed an IP survey and selected quantitative
sections covering the same grid. This data is currently being interpreted in
conjunction with the ground magnetic data and available geological data to
help target the next phase of drilling. The ground magnetic surveys were
conducted by Vision Exploration on grid lines at 100 metre intervals with
readings at 12.5 metre intervals.
Champion Bear is planning a two-pronged exploration program for the Plomp
Farm Property including geological and structural surface mapping and an
extensive 8,000 plus metre diamond drilling program to test the gold
mineralization down plunge and to the southwest at vertical depths of 400 to
900 metres. The field mapping and diamond drilling are expected to commence in
October.
Joe Hinzer, P. Geo. of Watts, Griffis and McOuat Limited, is also the
qualified person responsible for the technical aspects of this news release.

Champion Bear is a mineral exploration company focused exclusively on the
historically prospective regions of Ontario. The Company's primary targets are
platinum group and precious metals and to a lesser extent polymetallic base
metal and pegmatite-hosted tantalum deposits. Champion Bear's aim is to create
shareholder value through selective property acquisition and joint venture
followed by focused exploration emphasizing drilling. The Company has
assembled a large land position in the Dryden and Sudbury areas, totalling
over 16,000 hectares.

Forward-looking statements - statements included in this news release
that are not historical facts may be considered "forward-looking statements".
All estimates and statements that describe the Company's objectives, goals or
future plans are forward-looking statements. Forward-looking statements
involve inherent risks and uncertainties where actual results could differ
materially from those currently anticipated.

       The TSX Venture Exchange has not reviewed and does not
 accept responsibility for the adequacy or accuracy of this release.