Business
Wildcat Exploration Ltd. - High Zn-Pb-Ag Anomalies Identified
Wildcat Exploration Ltd. - High Zn-Pb-Ag Anomalies Identified.
About this update from Fuse Battery Metals Inc
[{"type":"text","content":"\n\n\n\nFoster River Project, Saskatchewan - Anomalous Mobile Metal Ions (MMI-M)\n\n\nSoil Geochemical Anomalies Identified Along a Four Kilometer Grid\n\n\nWINNIPEG, April 24 /CNW/ - Wildcat Exploration Ltd. (WEL - TSX.V).\n\n\nThe company is pleased to announce the results of a large Mobile Metal\nIons (MMI) soil geochemical survey undertaken on the Foster River Zn-Pb-Ag\nproperty, 120 km north of La Ronge, Saskatchewan, Canada, in 2006. This survey\ndocumented the presence of high-contrast multi-element and multi-sample, base\nand precious metal anomalies.\n\n\nThe anomalies comprise Pb, Zn and Ag with maximum concentrations of\n88,000 ppb (or 2528 times background), 8,750 ppb (or 875 times background) and\n351 ppb (or 702 times background). These highly anomalous results are\npersistent and extensive. For Ag, a total of 50 samples or 5.2% of the total\nsample population have responses greater than 25 ppb signifying a strongly\nelevated anomaly. Comparable results for Pb (37 samples or 4% of the total\npopulation have responses greater than 1700 ppb) and for Zn (44 samples or 5%\nof total population have responses greater than 500 ppb) were obtained and\nsignify a large anomalous response for these elements. Anomalies occur in both\nareas of known mineralization and areas that received minimal exploration over\na 4.8 kilometer strike length.\n\n\nA sample spacing of 25 meters along 100 meter spaced lines was determined\nadequate to determine significant base metal responses for the soil survey. A\ntotal of 1,094 samples were collected from the grid.\n\n\nThe Pb-Zn-Ag anomalies attain widths of up to 150 m and form coincident\nanomalous responses on the survey grid. This element assemblage is interpreted\nto be significant in terms of the Broken Hill-type of sediment-hosted base and\nprecious metal mineralization documented from the property.\n\n\nThe report and data were received April 20, 2007 and the results are\ncurrently being integrated with Wildcat's geophysical and geological database.\n\n\n"The strong results using this technique add another significant level of\ninformation to our understanding of the potential size of this project."\ncommented Jerrold Siemens, President and CEO. "Coupled with the ongoing\nsuccess of our activities in the Rice Lake Mineral Belt on the Jeep\nAu-Cu-Ni-PGE Project, we are...