Business
Richmond Minerals Inc. Exploration Update
Richmond Minerals Inc. Exploration Update.
About this update from Richmond Minerals Inc.
[{"type":"text","content":"\n\n\n\nTORONTO, Dec. 6 /CNW/ - Richmond Minerals Inc. (Richmond) reports\nadditional assays for grab samples collected from the Halle, Quebec property\n(20 km east of Belleterre) near the locations of the previously announced\nGEOTEM airborne anomalies.\n\n\n57 grab samples were collected from the limited outcrop exposures near\nthe axes of the anomalies. Anomalous values for gold, copper, zinc, nickel,\ncobalt and chromium were detected in most samples. In particular, values as\nhigh as 0.14% nickel, 0.07% copper, 282 ppm cobalt, and 0.22% chromium were\nreported. Sulphide concentrations in most of the surface grab samples were\ngenerally less than 1%. Richmond's management believes that the anomaly source\nhas yet to be directly viewed or sampled due to the heavy cover in the area.\nHowever, given the elevated base metal values near the anomaly source,\nRichmond believes that the anomaly could be a VMS massive sulphide occurrence.\nA review of historical assessment files indicates no definitive historical\nexploration work in the target area.\n\n\nA follow-up program to test these anomalies is currently being planned\nand will include detailed ground geophysics, and diamond drilling. Warren\nHawkins, P Eng., in his capacity as Qualified Person under National Instrument\n43-101, has reviewed the contents of this release. The geophysical maps of the\nHalle property can be viewed at Richmond's website: richmondminerals.com.\n\n\nThe Halle property is part of the Grenville project joint venture\nagreement with Fort Chimo Minerals. The Grenville project covers more than\n220,000 acres of mineral rights in the central and southwest area of Quebec.\nRichmond Minerals, as operator, must spend $2 million over 2 years to earn a\n50% interest.\n\n\nWe seek safe harbor.\n\n\n On Behalf of the Board of Directors\n\n (signed)\n\n Paul Ankcorn, President\n\n Neither the TSX Venture Exchange Inc. nor any other regulatory body\naccept responsibility for the adequacy or accuracy of this news release.\n\n\n%SEDAR: 00009282E\n\n\n","length":2232,"tagName":"div"}]