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Cogitore provides update on the Scott Lake and Lemoine Projects
Cogitore provides update on the Scott Lake and Lemoine Projects.
About this update from Copper Road Resources Inc
[{"type":"text","content":"\n\n\n\nTORONTO, Feb. 12 /CNW/ - COGITORE Resources Inc. (the \"Company\") (WOO:\nTSX-V) is pleased to provide an update on its exploration programs at the\nCompany's 100% owned Scott Lake and Lemoine Projects in Quebec. Drilling will\nresume at Scott Lake once other Cogitore projects, which can be better\naccessed during the winter months, are completed.\n\n\nSCOTT LAKE\n\n\nA total of 18 holes, including the deepening of a few historic holes,\ntotalling 11,497 metres were completed on the Scott Lake Property in 2006.\nWhile the Chibougamau Pluton is now interpreted to cut-off portions of the new\nzinc-rich massive sulphide lens discovered along the Selco horizon in July\n2006 (press releases dated July 17 and August 11, 2006), the lens remains open\ndown plunge and up-plunge to the east (see attached longitudinal section).\nFour holes of the 2006 program intersected wide zones of stringer sulphides\ncarrying anomalous copper and zinc values above the targeted \"Selco horizon\",\nwhich suggests that massive sulphides may also be located at a second interval\nabove the Selco horizon.\n\n\nThe Company's President, Gerald Riverin, says he is \"encouraged by the\ncopper and precious metal assays obtained in SL-91-100E, in particular the\nmiddle interval which displays grades and widths that are comparable to those\nobtained in SL-93-105E located 300 metres below (press release dated\nAugust 17, 2006). At today's metal prices, combined base and precious metals\nin the 4.14 m interval in Sl-91-100E represent grades that would be of\ninterest in active mining operations.\"\n\n\nIn Riverin's view \"the copper assays and 200-300 metre spacing between\nholes SL-91-100E, SC-11 and SL-93-105E represent a significant copper-bearing\nmineralized envelope which reflects a robust hydrothermal system that could be\nassociated with a large deposit yet to be discovered at Scott Lake. Following\nthe discovery of these copper stringer zones and of massive sulphides in 2006,\nthe Company is very encouraged by the Scott Lake project and additional\ndrilling is scheduled to start in the second quarter of 2007.\"\n\n\nThe attached longitudinal section\n(http://files.newswire.ca/512/ScottLake.jpg) shows the location of the\nCogitore holes and of previous drilling that tested the Selco horizon. The\noverall favourable volcanic stratigraphy hosting the di...