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Jasper Mining Corporation announces completion of 2006 exploration program on Isintok property
Jasper Mining Corporation announces completion of 2006 exploration program on Isintok property.
About this update from Tuktu Resources Ltd
[{"type":"text","content":"\n\n\n\nTrading Symbol: JSP (TSX-V)\n\n\nCALGARY, Dec. 12 /CNW/ - Jasper Mining Corporation (the \"Company\") has\ncompleted the 2006 exploration program on its 100% owned Isintok property. The\nIsintok property comprises approximately 3,007 ha (7,433acres), covering the\ndrainage divide between McNulty and Isintok creeks, located approximately\n27 km west-southwest of Summerland, BC and 20 km north of Hedley.\n\n\nThe company recently demobilized the diamond drill from the property.\nDrilling re-commenced on October 14, with 6 holes completed totalling\n2,100 metres. Holes 11 to 14 were drilled to test the northern extent of the\nmineralized zone, while holes 15 and 16 were drilled to test high grade\nmineralization previously reported from hole PD-11 (completed in 1982).\nMineralized intervals were noted in holes 14, 15 and 16, with high grade\nmineralization visually observed in holes 15 and 16, consisting of\nsemi-massive chalcopyrite plus molybdenite over intervals up to 18 cm (7\ninches)and massive chalcopyrite up to 6 cm thick. These short, high grade\nintervals are separated from one another by thick intervals (greater than 20\nfeet) of copper mineralization (grade to be determined),comprised of\nchalcopyrite (with traces of bornite) as weak disseminations and thin\nveinlets. Mineralization in hole 14 consists of three separate and distinct\nintervals up to approximately 80 feet (25 meters) thick with a higher\nmineralized vein density (per metre) than previously noted. The mineralization\nin holes 14 to 16 is also associated with stronger alteration and may indicate\na position closer to a mineralizing source.\n\n\nIn addition to drilling, the Company also completed further soil sampling\nand an Induced Potential(IP) survey. Two soil grids were completed on the\nproperty. Grid A is located immediately south of the McNulty Forest Service\nRoad (FSR) over an area previously identified as having anomalous soil\nresults. A total of 9 separate lines, approximately 1.7 km in length and\noriented northwest-southeast, were completed comprising approximately 15.3\nline kilometres. Grid B was located over the area currently being drilled so\nas to assess the effectiveness of soils relative to sub-surface drilland IP\ninformation, as well as airborne geophysical results. Grid B consisted of 15\nseparate lines between 1.0 and 1.3 k...