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Pinnacle encouraged by positive surface sampling results
Continues exploration on Rio Minas Property, Oaxaca, Mexico Trading Symbols: TSX.V-PNL and O7M - ...
About this update from Jayden Resources Inc
[{"type":"text","content":"\n\n\n\nContinues exploration on Rio Minas Property, Oaxaca, Mexico\n\n\nTrading Symbols: TSX.V-PNL\n\n\nand O7M - Frankfurt Stock Exchange\n\n\nVANCOUVER, April 29 /CNW/ - Pinnacle Mines Ltd. ("Pinnacle" or the\n"Company") is continuing exploration work on the Rio Minas property located\napproximately 90 kilometers southeast of Oaxaca City. Pinnacle has an option\nwith its joint-venture partner Chesapeake Gold Corp. to acquire up to 70% of\nboth its La Calavera and Rio Minas projects in the state of Oaxaca.\n\n\nRio Minas is a large property consisting of two concessions totaling\n19,510 hectares. The target is a silver-rich, poly-metallic skarn hosted in\ncretaceous limestone adjacent to a granodiorite intrusive. Five skarn zones\nhave been identified.\n\n\nPinnacle is continuing a soil sampling program in rough terrain covering\na 3.75 km2 area. The program consists of 13 parallel sample lines on 100 m\nspacing with sample stations every 25 m. Assays have been received for\n568 samples and 161 additional samples have been submitted for analysis.\nAssays received to date reveal large copper and silver anomalies with soil\nassays ranging up to 0.3% copper and up to 36 gpt silver. Over 40% of the soil\nsampling program has been completed.\n\n\nThe Zapoteca prospect (follow this link to view map:\nhttp://files.newswire.ca/708/Map.JPG) falls within the southwestern portion of\nthe soil sampling area and awaits planned sampling. The zone contains\nconspicuous blue copper minerals in road cuts, float, and old prospect pits.\nPast bedrock sampling at Zapoteca produced favorable assays listed below:\n\n\n RIO MINAS - ZAPOTECA BEDROCK SAMPLING\n-----------------------------------------------\nHORIZONTAL PERCENT GPT PERCENT\n METERS COPPER SILVER ZINC\n-----------------------------------------------\n\n63 meters 0.90 75.1 0.63\n-----------------------------------------------\nincluding 45 m 1.20 98.0 1.15\n-----------------------------------------------\nand 57 meters 0.54 35.0 anomalous\n-----------------------------------------------\nand 27 meters 0.55 25.9 anomalous\n-----------------------------------------------\nand 27 meters 0.27 8.0 anomalous\n-----------------------------------------------\nincluding 15 m 0.43 110.0 anomalous\n-----------------------------------------------\nand 24 meters 0.30 23.1 0.57\n--...