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Pacifica Resources Confirms Selwyn Project Mineral Resources
Pacifica Resources Confirms Selwyn Project Mineral Resources.
About this update from Edm Resources Inc
[{"type":"text","content":"\n\n\n\n\nTrading Symbol: PAX.TSX-V \n\nVANCOUVER, Feb. 9 /CNW/ - Pacifica Resources Ltd. (PAX.TSX-V) is pleased\nto announce an updated, National Instrument 43-101 compliant mineral resource\nestimate for the Selwyn Project, Yukon and Northwest Territories including the\nHoward's Pass zinc-lead deposit. The new mineral resource estimate\nincorporates information collected during the 2005 exploration program\nincluding 53 diamond drill holes totaling 8,317 metres. The new mineral\nresource estimate was prepared by Independent Qualified Person John Nilsson,\nP.Eng. of Nilsson Mine Services Ltd. of Pitt Meadows, BC, Canada together with\nJohn J. O'Donnell, P.Geo. the onsite Qualified Person for Pacifica.\n\nHighlights:\n\n- New independent NI 43-101 compliant mineral resource estimate\n completed for Howard's Pass zinc-lead deposit that confirms overall\n continuity and distribution of stratiform sulphide mineralization.\n\n- Indicated category: 33.50 million tonnes grading 5.52% zinc and\n 2.10% lead.\n\n- Inferred category: 112.91 million tonnes containing 5.40% zinc and\n 2.14% lead.\n\nHistorical mineral resource estimates can be viewed in detail in the June\n2005 NI-43-101 report on the Howard's Pass property (www.sedar.com).\nHistorical drilling and resource estimates, at the XY and Anniv deposits, by\nprevious operators defined an \"Indicated Mineral Inventory\" of 115.4 million\ntonnes grading 5.38% zinc (Zn) and 2.08% lead (Pb) utilizing a 4.00% Zn+Pb \ncut-off grade. The historical report also reported, for the same 4.00% Zn+Pb\ncut-off grade, an \"Inferred Mineral Inventory\" of 367.1 million tonnes grading\n5.12% Zn and 1.90 % Pb. These estimates pre-date NI 43-101.\nDiamond drilling and underground development have demonstrated the\ngeologic continuity of the Howard's Pass deposit. Prior to the 2005 field\nseason a total of 218 drill holes totaling 36,359 metres had been drilled on\nthe Howard's Pass property, by previous operators, over two separate periods:\n1973 to 1981 and 2000.\nAll known zinc and lead mineralization is hosted within the Active\nMember. Recent drilling by Pacifica suggests that mineralization within the\nActive Member is laterally continuous over a distance exceeding 30 kilometres.\nThe areas included in this resource estimate represent a relatively small\nportion of the indicated extent of the A...