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Amador Gold Intersects 1.41% Combined Copper Nickel Over 22.80 Meters on the Loveland Project
Amador Gold Intersects 1.41% Combined Copper Nickel Over 22.80 Meters on the Loveland Project
About this update from Mene, Inc. Class B
[{"type":"text","content":"Amador Gold Intersects 1.41% Combined Copper Nickel Over 22.80 Meters on the Loveland Project\n\n\n\nAmador Gold Intersects 1.41% Combined Copper Nickel Over 22.80 Meters on the Loveland Project\n\nVancouver, British Columbia CANADA, September 04, 2008 /FSC/ - Amador Gold Corp. (AGX - TSX Venture, ADRGF - OTCBB_Pink_Sheets), is pleased to announce assay results from the first twelve drill holes from 2008 on the Loveland Ni/Cu Project located approximately 35 kilometers northwest of Timmins Ontario. Assay results for drill holes LL08-13 to LL08-28 are still pending.\n\nThe Company is pleased to report that drill hole LL08-05 intersected 0.88% Cu and 0.53% Ni over a drilled width of 22.80 meters (160.30 to 183.10 meters) including 1.0% Cu and 0.65% Ni over a drilled width of 11.20 meters (160.30 to 171.50 meters) and 1.92% Cu and 1.0% Ni over 2.70 meters (180.40 to 183.10 meters). This drill hole was collared 50 meters northeast on section of earlier drill hole AMDG07-01 which had intersected 0.55% Cu and 0.40% Ni over 35.50 meters, and 50m northwest of AMDG07-03 that intersected 0.75% Cu and 0.70% Ni over 45 meters.\n\nFrom the drilling to date, it appears that mineralization has been intersected 400 meters vertically below surface, is open at depth and has a strike extent of approximately 175 meters. The style of mineralization comprises disseminated to semi-massive patchy and interstitial pyrrhotite-chalcopyrite-pentlandite within gabbros extending to surface. Management is extremely encouraged with the early drilling results on the Cominco Zone and its similarity in style of mineralization to Xstrata's Montcalm Mine located twenty kilometers to the west.\n \nFuture drilling will focus on expanding the Cominco zone, and test below the Hollinger Zone that is located approximately 1.5 kilometers on strike to the southeast. The Hollinger zone is reported to possess a non 43-101 compliant historical resource of 442,000 tons grading .42% Cu and .71% Ni. The Hollinger and Cominco zones are both open at depth with additional areas of untested potential on strike. \n \nAdditional targets for drill testing are also expected to be generated by the recently completed Geotech Ltd B-field VTEM airborne survey and ground geophysical induced polarization...