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Jasper Mining Corporation announces additional results from drill program on Isintok property
Jasper Mining Corporation announces additional results from drill program on Isintok property.
About this update from Tuktu Resources Ltd
[{"type":"text","content":"\n\n\n\n\nTrading Symbol: JSP (TSX-V)\n\nCALGARY, Aug. 28 /CNW/ - Jasper Mining Corporation (the \"Company\") has\nreceived additional results from its diamond drill program on its 100% owned\nIsintok property. The Isintok property comprises approximately 6,029 ha\n(14,898 acres), covering the drainage divide between McNulty and Isintok\ncreeks, located approximately 27 km west-southwest of Summerland, BC and 20 km\nnorth of Hedley.\nIn general, results reported from the property consistently document\nweakly to locally, relatively strongly anomalous copper (Cu) + / - molybdenum\n(Mo) +/- gold (Au) +/- silver (Ag) over a considerable portion of the\nproperty. The ongoing objective of the Company's exploration program is to\nlocate, and define, a copper-molybdenum +/- silver +/- gold porphyry style\ndeposit similar to the Brenda Mine, located approximately 40 km north of the\nIsintok property, west of Peachland. \"The Brenda mine began production in\nearly 1970 with measured geological (proven) reserves of 160,556,700 tonnes\ngrading 0.183 per cent copper and 0.049 per cent molybdenum at a cutoff of 0.3\nper cent copper equivalent (eCu (equal sign) % Cu + (3.45 x % Mo))\" (BC MINFILE\n092HNE047) (Note: reported prior to implementation of, and therefore not\ncompliant with, National Instrument 43-101).\nIn previous Press Releases (dated August 11, 2006) the Company announced\ninitial results of analyses from the first diamond drill hole (ISIN-06-01). A\ntotal of 11 diamond drill holes were completed on the Isintok property as part\nof the 2006 exploration program.\nThe Company has received and reviewed additional results for the first\nfive drill holes, including reanalysis of several high grade intercepts\npending from holes 2 to 4. Results from hole ISIN-06-01 were released August\n11th. The following are results from drill holes 2 to 5. Holes 1 to 4 were\ndrilled from pad 1, with hole five being the first of four holes drilled from\npad 2.\n\nThe following is a tabulation of weighted averages for selected intervals\nfrom holes 2 to 5.\n\n>\n\nThe core comprising the sampled intervals was cut with a rock saw, with\none half submitted for analysis and one half retained for subsequent analysis.\nThe core was submitted to Acme Analytical Laboratory Ltd in Vancouver, BC for\nGroup 1DX analysis. Samples that returned Cu results great...