Business
2007 Exploration campaign to resume on Vassan gold property with Infini Tem survey
2007 Exploration campaign to resume on Vassan gold property with Infini Tem survey.
About this update from Stellar Africagold, Inc.
[{"type":"text","content":"\n\n\n\nLAVAL, QC, March 14 /CNW/ - Stellar Pacific Ventures (SPX) is pleased to\nannounce that exploration program has resumed on its Vassan property located\nwithin the Val d'Or gold camp. Stellar Pacific Ventures (SPX) has initiated a\ndeep penetrating electromagnetic surface survey (InfiniTem) over the northern\nportion of the Vassan property. In past drilling, the company had detected a\ncherty exhalite mineralized with honey sphalerite while drilling the Hamelin\ngold zone. This horizon was cut near surface four times with anomalous zinc\nvalues as follow:\n\n\nHole From To Length Zn %\n (m)\nAB-2002-04 33.4 33.82 0.42 1.25\nV2005-09 31.15 31.58 0.42 2.19\nV2006-04 38.4 38.78 0.38 2.44\nV2006-11 71.13 71.43 0.30 2.19\n\n\nAlthough these results are at best anomalous, they might represent a\ndistal equivalent of massive sulphide deposit as observed in the Noranda and\nMatagami camps. The actual surface survey will test down to at least the\n200 metre level and possibly deeper if a strong conductor is present.\n\n\nThe company is planning a major drilling program to begin following\nresults on Infini Tem survey on the new zone and on Hamelin zone where\nsignificant results have been obtained on previous drilling programs.\n\n\nPierre O'Dowd, geologist and Qualified Person as per National Instrument\n43-101, is responsible for preparing the technical information contained in\nthe release.\n\n\nStellar Pacific Venture Inc. is a junior mining exploration company\nlisted on the TSX-V whose primary objective is to develop and bring into\nproduction viable gold deposits.\n\n\n"Michel Lemay"\n\n\n-------------------------------------------------\n\n\nMichel Lemay\n\n\nPresident\n\n\nThe TSX Venture Exchange has in no way passed on the merits of the\n\n\nproposed transaction and has neither approved or disapproved the contents\n\n\nof this press release.\n\n\n","length":2222,"tagName":"div"}]