Business
Mainstream Minerals to begin work at the Bobjo Mine Project
Mainstream Minerals to begin work at the Bobjo Mine Project
About this update from Lion Rock Resources Inc
[{"type":"text","content":"\nMainstream Minerals to begin work at the Bobjo Mine Project\n\n\n Feb. 11, 2010 (TheNewswire.ca) -- Winnipeg, MB - Mainstream Minerals (OOTC:MSMCF) (TSXV:MJO) Corporation (TSX-V: MJO)(the \"Company\") announces that it has initiated a work program on the joint-ventured Bobjo Mine Project that is partnered with King's Bay Gold Corporation (TSXV:KBG) (KBG-TSX). The agreed to program will include re-logging and additional assaying of the core from previous drilling, line cutting and IP surveys will be conducted over a number of strategic locations. The purpose of the program is to establish high priority drill targets for drilling early in the spring.Previous work on the Bobjo project was organized and supervised by Ron Rivet, Exploration Coordinator of Kings Bay Gold and with the use of drills and equipment owned by Kings Bay Gold and other independent contractors. Going forward, Ron Rivet or any of his affiliated companies, associates or family members will not be involved in any exploration projects of Mainstream Minerals, including the Bobjo. Mainstream is the operator of the Joint Venture and will bring in independent experienced contractors that are familiar with the area to complete future work on the property.The Bobjo Mine property is located approximately 80 kilometres by road north-east of the town of Ear Falls, Ontario. The historic Bobjo mine operated for two years and saw limited production from a small underground mining operation. A figure of 362 ounces of gold was reported from an unknown tonnage in the Ontario Department of Mines Annual Reports for 1929. On the adjacent property to the east, the Uchi Lake Mine had considerably more success. A similar hosted quartz vein type deposit operated from 1939-1943. It produced 757,074 tons grading .151 oz/ton (114,467 oz). In total there are at least five past producing gold mining operations within a 12 kilometre radius of the Bobjo project as well as numerous gold occurrences that are documented in the geological reports and government publications.Back in November 2006, Mainstream received a few spectacular assay results back from grab samples taken off the property. Two grab samples taken from a mineralized zone measuring over 6 m in width returned assays of 85.84 oz/ton Au (2,942 g/t) and 23.54 oz/ton Au (806 g/t)(technical data taken from the National Instrument 43...