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Farallon provides exploration update for first half 2010 - Excellent results from underground drilling continue
Farallon provides exploration update for first half 2010 - Excellent results from underground dri...
About this update from First Atlantic Nickel & Cobalt Corp.
[{"type":"text","content":"\n\n\n\n Aug. 10, 2010 (Canada NewsWire Group) -- \n\n \n \n \nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\n10 m of 31% zinc in Area 8 & 4.2 m of 13.24 grams of gold/tonne in new target area\n\nVANCOUVER, Aug. 10 /CNW/ - Farallon Mining Ltd. ("Farallon" or the "Company") (TSX:FAN) announces that exploration efforts at its G-9 mine in Guerrero State, Mexico, continue to provide excellent results. Several new drill holes - all drilled from underground - along with new interpretations of the geology of the G-9 deposit, have led to several new discoveries adjacent to the G-9 mine and opened up the potential for further discoveries going forward. All of the holes announced in this news release are additive to the Company's resource base and are readily accessible from current workings.\nThe 2010 exploration program has focused on three priorities:\n\n\n >\n\n\nKnowledge of the geology of the G-9 deposit, through underground mapping, opening up of new mining areas and underground stope definition drilling, has led to a reinterpretation of the geology in, and around, the G-9 deposit. This has led to some exciting opportunities, some of which are new and some of which are revisiting previous areas that were thought to have been mined out. The attached map (Figure 1 - http://files.newswire.ca/844/Figure1.pdf) highlights hole locations for the holes announced. Selected results are given in Table 1 with highlights as follows:\n\n\n >\n\n\nDick Whittington, President and C.E.O. commented "With exploration drilling results now available for the first half of the year's program, we are pleased with the progress that is being made on each of our exploration priorities. The G-9 deposit is exhibiting similar characteristics to other polymetallic VMS deposits worldwide. Once in production, the ability to better understand the geology and define targets near the mine increases significantly, as does the potential for exploration success. G-9 is proving the case in point...