Business
Trade Winds Reports Assays from Previously Unsampled Core from its Drilling Campaigns
Feb. 3, 2011 (Filing Services Canada) -- Trade Winds Ventures Inc. (TWD - TSX Venture, TVR - FW...
About this update from Daura Gold Corp.
[{"type":"text","content":"\nTrade Winds Reports Assays from Previously Unsampled Core from its Drilling Campaigns\n\n\n Feb. 3, 2011 (Filing Services Canada) -- Trade Winds Ventures Inc. (TWD - TSX Venture, TVR - FWB), is pleased to announce the initial results from the sampling program of unassayed core from previous drilling programs in and near the M Zone deposit pit shell on Block A, which is located adjacent to Detour Gold's Detour Lake gold project in northeastern Ontario that now contains mineral reserves of 14.9 million ounces of gold.  The Joint Venture partners (50% Trade Winds / 50% Detour Gold) have approved a program to assay core that was not previously sampled in previous drilling campaigns by Trade Winds. Trade Winds is the operator of the Joint Venture exploration program. Sampling of Unassayed CoreSince the completion of the 2010 drill program, Trade Winds has undertaken a program of relocation and permanent storage of core and pulps, together with commencing sampling of up to 13,000 metres of previously drilled core in and near the pit shells that has not yet been sampled or assayed.  The total sampling program consists of various sections of 141 previously drilled holes totaling 10,689 metres from 117 holes in Main Pit area and 2,660 metres from 24 drill holes in NWL area.  This infill sampling work was on-going between September and December 2010 and will continue until completion as time and personnel permits.  Initial assay results have been received from approximately 70% of the 4,977 samples selected from the first 41 holes processed near or within the Main Pit and NWL areas.  Prior to the infill sampling program, these sample segments represented zones that the block model identified as waste rock.  These results will be incorporated into the Block A resource block model and will contribute to the next mineral resource update. A significant number of results from the samples assayed have returned grades above the 0.4 grams/tonne Au cut-off grade of the current constrained open pit mineral resource estimate.  The following table presents those samples that individually or as a composite assayed greater than the estimated average grade of 0.85 grams/tonne Au of the mineral resource.----------------------------------------------------------TWDDH   ...