Business
Stellar's 2006 exploration program and drilling to resume on Vassan
Stellar's 2006 exploration program and drilling to resume on Vassan.
About this update from Stellar Africagold, Inc.
[{"type":"text","content":"\n\n\n\n\nMONTREAL, May 10 /CNW Telbec/ - Stellar Pacific Ventures (SPX) announces\nhis 2006 exploration programs on its properties.\n\nVassan property:\n\nThe company is currently completing an independent resource estimate on\nthe Hamelin zone of the property, the report is expected by the middle of June\n2006.\nAn initial 2,000 m program is scheduled to start on May 15, 2006. An\nadditional 4,000 m is also planned before the end of the year. It should be\nnoted that most of the planned drilling will be aimed at extending current\nmineralization which can be traced laterally for 300 m and 400 m vertically\n(starting at surface, under overburden). The ore consists of a main east-west\nstriking, vertically dipping continuous quartz-sulphide tension vein with\nrelated secondary structures. It is open at depth and towards the east. The\ncompany is very pleased with the results of its winter drilling program \n(V2006-02 returned 23,73 g/t Au over 1,94 m, V2006-03, drilled 100 m west of\nthe previous one, returned 9,76 g/t au over 3,38 m) and intends to follow up\non those results.\nThe company is negotiating to acquire the remaining 49% interest in this\nproperty.\n\nOpinaca properties:\n\nThe company has completed the geophysical program on Alexy Morin North.\nMapping, prospection, geochemistry and drilling is scheduled before end of\n2006 on Alexy Morin North and South.\n\nStellar-Aiguebelle:\n\nDuring the summer, the company will be very active on this property with\nprospection, mapping, geochemistry, drilling will also be performed on this\nproject before the end of the year.\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\nVersion franEcaise sur notre site web\n\n\"Michel Lemay\"\n---------------\nMichel Lemay\nPresident\n\nThe TSX Venture Exchange has in no way passed on the merits of this press\nrelease and has neither approved or disapproved the contents of this\npress release.\n\n\n","length":2080,"tagName":"div"}]