Business
Emgold announces additional high-grade historical assays
Emgold announces additional high-grade historical assays.
About this update from Emergent Metals Corp
[{"type":"text","content":"\n\n\n\n\nTSX Venture Exchange Symbol: EMR\nOTC Bulletin Board Symbol: EGMCF \nU.S. 20-F Registration: 000-51411\nFrankfurt Stock Exchange Symbol: EML\n\nVANCOUVER, May 3 /CNW/ - Emgold Mining Corporation (EMR-TSX-V) (\"the\nCompany\") is pleased to report that integration of historic mine maps and\nother geologic data into a three-dimensional computer model from data\ncollected during the time the Idaho-Maryland Mine was an active gold mining\noperation from 1851 to 1956 continues to indicate the presence of high-grade\ngold exploration targets at the Company's Idaho-Maryland Gold Mine in Grass\nValley, California.\nWhen completed, this comprehensive model will include geologic units,\nfaults, veins, underground workings, assays and gold resources developed from\nthe historic data, and geologic information from Emgold's two surface drilling\nprograms. The data, which includes 220,000 feet of historic core drilling,\n24,800 feet of core drilling conducted by Emgold, 36,000 assays, and 4,000\nmine maps, is being digitized and entered into the MineSight(R) three-\ndimensional modeling software program. All work is under the supervision of\nMr. Robert Pease, Professional Geologist (California), Chief Geologist for the\nIdaho-Maryland Project and a Qualified Person in accordance with National\nInstrument 43-101.\nHistoric mine maps detailing operations from 1945 to 1947 demonstrate\nthat high-grade intercepts were discovered on the Idaho 23 Vein in the\nnortheastern section of the Idaho mine at the 2000-foot level. In one area, a\ndrift 350 feet in length was excavated and 61 samples were taken along this\nvein that had weighted average grades of 1.0 ounce per ton gold. A raise was\nexcavated approximately 100 feet up the vein and 17 samples were taken up the\nraise that had weighted average grades of 1.8 ounces per ton. In addition, a\nwinze was excavated approximately 100 feet down the vein and 21 samples\nproduced weighted average grades of 0.75 ounce per ton. The total weighted\naverage grade for all samples taken was 1.0 ounce per ton, and the range in\nassays was zero to 14.1 ounces per ton. A small amount of stoping (about\n500 tons) was done along this part of the Idaho 23 Vein, but no other\nproduction was undertaken. This area became known as \"The Rose Garden\". A\ntable of representative grades from the raise, winze and ...