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Initial drilling identifies strongly anamalous gold values at Quarter Horse Jerritt Canyon Nevada Project
TSX Venture Exchange Symbol: CTG Frankfurt Exchange
About this update from District Metals Corp.
[{"type":"text","content":"\n\n\n\nTSX Venture Exchange\n\n\nSymbol: CTG\n\n\nFrankfurt Exchange\n\n\nSymbol: DFP.F\n\n\nVANCOUVER, Jan. 30 /CNW/ - Global Minerals Ltd (TSXV:CTG, Frankfurt:DFP)\nis pleased to announce the initial drilling results for its Quarter Horse\nJerritt Canyon Nevada Project:\n\n\nSTRONGLY ANAMALOUS GOLD VALUES ENCOUNTERED\n\n\n------------------------------------------\n\n\nStrongly anomalous gold values within upper plate rocks were returned\nfrom hole QH07-5, including 115 ft @ 136 ppb Au (including, internally, 20 ft\n@ 229 ppb, and 10 ft @ 244 ppb Au). The highest 5-foot interval within this\nzone was 381 ppb Au (0.011 opt). Local, very strongly anomalous\narsenic-antimony intervals were penetrated including 25 ft averaging 424 ppm\nAs and 80 ppm Sb. These levels of gold and trace elements are considered very\nstrongly anomalous in upper plate rocks of the Jerritt District, and may\nrepresent "leakage" from a gold-mineralized system at depth. Please see the\ndrilling results summary below:\n\n\n 2007 Global Minerals Drilling Program Data Summary\n-------------------------------------------------------------------------\n Planned\n Depth T.D. Gold Interval\nHole No. Target (ft) Angle (ft) (ft@ppb Au) (from-to) Comments\n-------------------------------------------------------------------------\nQH07-1 North 1,000 -90 1,000 20'@206 ppb 265'-285' 100+ gpm\n Limb water\n-------------------------------------------------------------------------\n 5'@107 ppb 430'-435'\n-------------------------------------------------------------------------\n 5'@119 ppb 690'-695'\n-------------------------------------------------------------------------\n 5'@142 ppb 800'-805'\n-------------------------------------------------------------------------\n 10'@104 ppb 860'-870'\n-------------------------------------------------------------------------\n 5'@155 ppb 945'-950'\n-------------------------------------------------------------------------\n 5'@232 ppb 965'-970'\n-------------------------------------------------------------------------\nQH07-2 North 1,000 -90 385 5'@106 ppb 335'-340' 100+ gpm\n Limb water,\n lost hole\n-------------------------------------------------------------------------\nQH-3 Main 1,200 -90 0 Not\n Resource Drilled\n-------------------------------------------------------------------------\nQH-4 Main 1,200 -90 0 Not\...