Business
Stellar to begin drilling on Vassan property
Stellar to begin drilling on Vassan property.
About this update from Stellar Africagold, Inc.
[{"type":"text","content":"\n\n\n\nLAVAL, QC, May 23 /CNW/ - Stellar Pacific Ventures (SPX) is pleased to\nannounce the beginning of drilling campaign on its Vassan property located in\nthe Val d'Or mining camp today May 23, 2007. The drilling campaign consist of\n7 holes totalizing 4,500 metres.\n\n\nThe drilling will be aimed at delineating the Hamelin mineralized\nstructure towards the east and at depth. More specifically, the drilling will\ntarget the extensions of the intercepts obtained in the last two holes of the\n2006 fall campaign which returned 10.43 g/t Au, 6.6 g/t Ag and 0.64% Cu over\n1 metre on hole 2006-12, and 16.03 g/t Au over 0.33 metre and 5.86 g/t Au over\n0.62 metre on hole 2006-13. (See press release dated October 31, 2006)\n\n\nThe 2006 fall program demonstrated that the Hamelin structure is\ncontinuous from surface down to the 550 m level and that it is still open at\ndepth and towards the east.\n\n\nIt is important to remember that Mr Gagnon's report states that the\nmineral inventory of the Vassan property is estimated at 385 054 tons grading\n5.01 g/t Au, 0.19 % Cu and 3.41 g/t Ag within the indicated category and 62\n600 tons grading 4.15 g/t Au, 0.10 % Cu and 1.32 g/t Ag in inferred resource\n(See press release dated October 03, 2006).\n\n\nStellar Pacific Venture Inc. is a junior mining exploration company\nlisted on the TSX-Ventures whose primary objective is to develop and bring\ninto production 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":1783,"tagName":"div"}]