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Wildcat Exploration Ltd.- More High Grade Gold at the Jeep Project
Wildcat Exploration Ltd.- More High Grade Gold at the Jeep Project.
About this update from Fuse Battery Metals Inc
[{"type":"text","content":"\n\n\n\nWINNIPEG, MB, May 23 /CNW/ - Wildcat Exploration Ltd. (WEL: TSX-V) The\nCompany is pleased to announce additional results from the diamond drill\nprogram conducted on the Jeep Project in the Rice Lake Greenstone Belt in\nsoutheastern Manitoba. Significant gold values include 36.04 gpt gold over\n0.30 metres intersected from 99.17 to 99.47 metres in hole JP-07-18.\n\n\nThis portion of Wildcat's Jeep Project 2007 drill program targeted the\narea immediately southeast of the historic Jeep mine to 1) test the\nsoutheastern prolongation of the No.1 gold-bearing quartz vein system of the\nhistoric Jeep Gold mine, and 2) outline and extend the strike and width of\nrecently discovered nickel-copper-PGE mineralization associated with both the\nNo. 1 quartz vein and a magnetic anomaly.\n\n\nDrill holes JP-07-12, (264.6 metres) and JP-07-13 (233.1 metres),\ncollared between holes JP-06-06 and JP-06-07(see News Release March 19, 2007)\n330 metres southeast of the Jeep mine shaft were drilled from one location at\na dip of -58, and -45, degrees respectively. Both drill holes intersected the\nNo.1 quartz vein structure. Hole JP-06-13 intersected 0.39 gpt gold over 0.40\nmetres from 148.8 to 149.2 metres depth. No significant assays were\nintersected in hole JP-07-12.\n\n\nHoles JP-07-14 (278.3 metres), JP-07-15 (241.7 metres), and JP-07-16\n(313.6 metres), were drilled from one location at a dip of -58, -45, and -68\ndegrees respectively, and collared 50 metres northwest of JP-06-01 (135 metres\nsoutheast of the Jeep mine shaft). Although all holes intersected the No. 1\nvein quartz structure, no significant gold assays were returned.\n\n\nHoles JP-07-17 (168.51 metres), JP-07-18 (120.7 metres), and JP-07-19\n(142.0 metres) were drilled from one location, 50 metres southeast of the\nhistoric Jeep mine shaft, at a dip of -50, -67, and -77 degrees respectively.\nThese were the closest drill holes to the old mine workings. All holes\nintersected the No. 1 quartz vein, with hole JP-07-18 intersecting significant\ngold mineralization of 36.04 gpt gold over 0.30 metres from 99.17 to\n99.47 metres. Hole JP-07-19 intersection of the No. 1 quartz vein assayed 1.19\ngpt gold over 0.2 metres from 123.2 to 123.5 metres. No significant gold\nassays were intersected in hole JP-07-17.\n\n\nHoles JP-07-20 (161.3 metres) and JP-07-21 (154.2 metres) we...