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Skyharbour's Drilling Identifies Massive Sulphide Zone on South Bay Project, Red Lake, NW Ontario
TSX-V Trading Symbol: SYH Telephone: (604) 687-3376 Email: [email protected] Facs...
About this update from Skyharbour Resources Ltd.
[{"type":"text","content":"\n\n\n\nTSX-V Trading Symbol: SYH Telephone: (604) 687-3376\nEmail: [email protected] Facsimile: (604) 687-3119\n\n\nVANCOUVER, April 3 /CNW/ - Skyharbour Resources Ltd. (TSX-V: SYH) (the\n"Company") announces has made, what appears to be, a significant discovery of\nvolcanogenic massive sulphide (VMS) mineralization, in an area that has never\nbeen drill tested in the past, approximately 500 metres to the southwest of\nthe former South Bay Mine 80 km east-northeast of Red Lake, Northwestern\nOntario.\n\n\n South Bay Claims Map, NW Ontario:\nhttp://www.skyharbourltd.com/s/Image.asp?i(equal sign)maps/SYH_South_Bay_Map_new.jpg\n\n\nSkyharbour is drill testing Titan 24 geophysical anomalies on the\nCompany's South Bay property which has identified a massive sulphide zone in\ndiamond drill hole SB 08-4. The mineralization consists of fine grained,\nmassive to finely bedded phyrrotite with visible zinc sulphides (sphalerite)\nand visible copper sulphides (chalcopyrite) between 357 metres and 369 metres\nin the hole. Drilling of hole SB 08-04 is continuing at a 60 degrees dip with\na 270 degrees azimuth. This new VMS zone is approximately 500 metres to the\nsouthwest of the former South Bay mine shaft operated by Selection Trust of\nLondon (Selco. 1970 - 1982).\n\n\nThe above samples from hole SB 08-4 have now been selected, sealed and\nlabeled "Rush for Assay" for immediate shipment to TSL laboratory in\nSaskatoon, SK. All unnecessary communication from the field camp has been\ncurtailed.\n\n\nThe new sulphide zone occurs between a thick acid porphyry unit and a\nfragmental rhyolite. The porphyry is marked by a weak sericite alteration\nthroughout. A system of fine cross cutting chlorite veinlets occurs in the\nfragmental rhyolite unit adjacent to the massive sulfides.\n\n\nSkyharbour Resources is very encouraged with the size of the intersection\nin the discovery hole. The Company announces it has increased its current\ndrill budget on the South Bay copper- zinc discovery to include a minimum of\nanother 4 drill holes for an added amount of 2400 metres to be completed at\nthis time.\n\n\nThe drill is located on the mainland and therefore the work program will\nnot be affected with the impending spring thaw. The Company has established a\nfull camp on the property and the property is serviced by an all weathe...