Canadian International Minerals Inc - Rare earth, tantalum, silicon exploration targets acquired

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[{"type":"text","content":"\n\n\n\nTrading Symbol CIN-C\n\n\nVANCOUVER, Oct. 14 /CNW/ - Canadian International Minerals Inc (CIN) is\npleased to announce the acquisition of 100% interest in the Ladybug and Sugar\npegmatite claims located in the Monashee region of east central British\nColumbia. Both claim groups lie in the Vernon East Half (GSC) geological map\nsheet, a region of B.C. that has seen very little exploration or detailed\nmapping.\n\n\nThe claim groups were staked to cover drainages with anomalous rare\nearth/tantalum coinciding with low uranium/thorium values in stream sediments\n(B.C. RGS Map 32).\n\n\nThe Ladybug claims cover a large (5 X 2.5km) granitic intrusive that had\nbeen mapped (GSC Open File 658, 1979) as pegmatite. A later geological map\n(GSC Open File 4370), produced in 2004 shows the intrusive as granite to\nquartz monzonite, though, there is no indication on the map that a field\ntraverse actually entered the unit. The Ladybug claims total\n1035.138 hectares.\n\n\nThe Sugar claims lie in an area of no detailed geology, but in a\n1:250,000 scale map complied by B. N. Church of the B.C. Geological Survey\n(B.C. Minfile Map 082LSE) shows the area, as underlain by biotite granite,\nquartz monzonite and leucocratic pegmatite. The Sugar claims total\n1543.15 hectares.\n\n\nBoth claim groups are in areas that have not been logged and are\napproximately 25 km. east, north east of Lumby.\n\n\nCIN paid $5000 each for both claims with no carried interests, share\nissuances, royalties or further commitments other than B.C. government claim\nmaintenance regulations.\n\n\nThe company has also acquired through staking 100% interest in the French\nPegmatite 1 and 2 claims located 90km north of Revelstoke, B.C. These two\nclaims cover the Argonaut Pegmatite Complex and total 860.866 hectares.\n\n\nExcerpts from "Geological description from Geology of the Goldstream Map\nArea" (J.M.Logan, M. Colpron, B.C. Geological Survey. GF 1994. Paper 1995-1)\nabout the Argonaut Pegmatite Complex are as follows:\n\n\n"Abundant sills and dikes of pegmatite (1-5 m wide) intrude the psammitic\nschist exposed east of Argonaut Pass and along the flanks of French Creek";\n\n\n"they are most abundant along the ridge top west of Argonaut Pass and\nalong the western flank of French Creek, where they comprise 50% of the\noutcrops"\n\n\n...

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