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Midlands Minerals Reports a Much Wider Structural Continuous Gold Corridor on Sian-Ghana
Midlands Minerals Reports a Much Wider Structural Continuous Gold Corridor on Sian-Ghana
About this update from King Global Ventures Inc.
[{"type":"text","content":"\nMidlands Minerals Reports a Much Wider Structural Continuous Gold Corridor on Sian-Ghana\n\n\n Apr. 16, 2009 (Baystreet.ca) -- TORONTO, ONTARIO -- Midlands Minerals Corporation (\"Midlands\" or the \"Company\") (TSX VENTURE: MEX) is pleased to report that a review of drill data from the main Esaase zone on Sian, Ghana, shows there is a wide structural gold-bearing mineralized corridor with added geological potential of 10 to 20 million tonnes grading between 0.4 g/t and 1.2 g/t to be confirmed by infill drilling prior to inclusion in the resource estimate.\n\nThe resource estimation announced by the Company on May 5, 2008 was based on drilled intercepts which were sampled, and the resource estimation excluded some 50% of eligible material. The NI 43-101 indicated resource in the Esaase pit is 2,568,000 tonnes at 2.33 g/t Au, and the inferred resource is 2,694,000 tonnes at 2.35 g/t Au. \nPrior to Midlands' acquisition of the Sian Gold property, work done by Sian Goldfields included: \n- 23,782 metres of diamond drilling (182 drill holes) \n- 22,000 metres of trenching and pitting (320 trenches and pits) \n- 2,744 metres of adits (12 adits) \nA total of 69,453 samples were collected by Sian Goldfields. However, some 25% of the drill cores were not assayed by Sian Goldfields. Midlands' current review of the drill data shows many rock units in historical Sian holes which were not sampled. The adjacent holes drilled by Midlands are gold-bearing, giving much wider and more continuous intercepts along strike within the main Esaase zone. \"This gives us confidence that infill drilling under the Esaase pit and on strike extensions, plus sampling all rock units, will have the potential to add significant amounts of gold ounces to what is already known and estimated from the main Esaase zone,\" said Pierre Lalande, P.Geo., and Senior Geologist for the Company. \nThe attached map shows the cross-sectional blocks used by Geostat Systems International Inc. to estimate the inferred resource on extensions of the main Esaase zone. The sectional resources used a maximum 50 metre wide corridor for each section and left strike length gaps of 20 metres to 50 metres in the northern and south eastern extensions. The gaps represent some 30% of the aforementioned additional gold potential, where infill drilling is planned to confirm the continuity, a...