Business
Cogitore completes 2007 drilling program at Scott Lake on high note
TORONTO, Nov. 19 /CNW/ - COGITORE Resources Inc. (the "Company") (WOO: TSX-V) is pleased to provi...
About this update from Copper Road Resources Inc
[{"type":"text","content":"\n\n\n\nTORONTO, Nov. 19 /CNW/ - COGITORE Resources Inc. (the "Company") (WOO:\nTSX-V) is pleased to provide an update on its 2007 drilling program. A total\nof 11,084 metres were drilled at the Scott Lake and Lemoine projects. At the\nScott Lake project a new massive sulphide-bearing horizon was discovered\nduring the deepening of hole SL-90-45, drilled initially in 1990. This new\nhorizon, located 200m above the Selco-Scott deposit, is hosted entirely within\nthe main Scott rhyolite dome complex and consists of a 15 cm thick interval of\nmassive sulphides that graded: 1.36%Cu, 25.1%Zn, 0.11 g/t Au and 7.4 g/t Ag.\nThe massive sulphides are hosted within strongly altered rhyolites and are\nunderlain by disseminated and stringer sulphides which graded 0.45% Cu over\n5.5 metres.\n\n\nAlbeit very thin, the discovery of this horizon is thought to be\nsignificant for the following reasons:\n- the sulphides are typical of so-called "exhalite" horizons that are\n commonly found around massive sulphide deposits and which form distal\n aprons around productive sub-marine hydrothermal discharge zones;\n- the sulphides are very high grade, which speaks well for the quality\n of the mineralizing system;\n- this new horizon is wide open at depth and to the east, and\n constitutes a new target horizon for future drilling.\n\n\nThe intersection confirms the presence of at least four periods of\nmassive sulphide accumulation on the large (57sq km) property. The property is\ncontiguous over 18km and is located midway between Chibougamau and Chapais,\nQuebec, proximal to excellent road, rail and mine service infrastructure.\nDrilling will resume in the winter of 2008 after completion of deep\npenetrating EM surveys to the east of hole SL-90-45 and also to the whole\nwestern part of the property.\n\n\nDr. Gerald Riverin, Cogitore's President and CEO, commented that he is\n"encouraged by the ancient inter-rhyolite environment sampled by drill hole\nSL-45E, which allowed such high grade base metal values to accumulate. Until\nthis point we were used to encountering base metal values that average\n6.6 % zinc and 0.5% copper. The intersection in SL-45E marks a real and\npositive departure. Approximately 80% of the ore mined at the Millenbach Mine\nNoranda, Quebec, where I did my PhD thesis, came from an inter-rhyolite\nhorizo...