Business
Stellar to begin new phase of drilling on its Vassan Property
Stellar to begin new phase of drilling on its Vassan Property.
About this update from Stellar Africagold, Inc.
[{"type":"text","content":"\n\n\n\nLAVAL, QC, April 25 /CNW/ - Stellar Pacific Ventures (SPX) is pleased to\nannounce that it is preparing a new phase of drilling on its Vassan Property\nlocated within the Val d'Or gold mining camp. The company expects to complete\n4,500 metres of drilling within the next few months. The drilling will be\naimed at delineating the Hamelin mineralized structure towards the east and at\ndepth. More specifically, the drilling will target the extensions of the\nintercepts obtained in the last two holes of the 2006 fall campaign.\n\n\nLast fall, hole V2006-12 returned 10.43 g/t Au, 6.6 g/t Ag and 0.64% Cu\nover 1 metre while hole V2006-13 gave 16.03 g/t Au over 0.33 metre and\n5.86 g/t Au over 0.62 metre. The 2006 fall program demonstrated that the\nHamelin structure is continuous from surface down to the 550 m level and that\nit is still open at depth and towards the east.\n\n\nIt is important to remember that a down hole geophysical survey detected\nthe structure in hole V2006-10, located more than 200 m to the east of\nV2006-13, indicating that it is most probably extending in that direction for\na fair distance.\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":1843,"tagName":"div"}]