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Jasper Mining Corporation commences diamond drill program on Irony property
Jasper Mining Corporation commences diamond drill program on Irony property.
About this update from Tuktu Resources Ltd
[{"type":"text","content":"\n\n\n\n\nTrading Symbol: JSP (TSX-V)\n\nCALGARY, Sept. 5 /CNW/ - Jasper Mining Corporation (the \"Company\") is\npleased to announce it has mobilized a diamond drill to its 100% owned Irony\nproperty, located approximately 94 km northwest of Revelstoke, BC and\nsouthwest of Mica Dam. The property consists of sixteen mineral tenures,\ncomprising a total of approximately 6,028 ha (14,895 acres), located at the\nheadwaters of Oliver and Ruddock Creeks.\nThe Irony property is contiguous with, and immediately south of Selkirk\nMetals Corp.'s (\"Selkirk\") Ruddock Creek property, on which active exploration\nprograms have been completed over the past two years. The results of these\nprograms are summarized in a number of Press Releases and a Technical Report\nfiled for Selkirk's Ruddock Creek property (available through SEDAR at\nhttp://www.sedar.com). Briefly, previous work by Cominco and Falconbridge\nresulted in identification of an extensive mineralized zone. Diamond drilling\nby Selkirk over the past two years has confirmed mineralization associated\nwith the \"E Zone\" and the \"E Zone Extension\", localized within the \"Ruddock\nCreek Massive Sulphide Horizon\" (RCMSH).\nThe Company recently completed an Aeroquest airborne electromagnetic and\nmagnetic survey of the Irony property (see Press Release dated May 31, 2006),\ncomprised of a total of 564 line km flown over the entirety of the property.\nThe final report and maps have been received by the Company and are currently\nunder review. The final data confirms the apparent geophysical signature\nbelieved to correlate to the western extension of the RCMSH (as identified\nfrom Aeroquest geophysical data released by Selkirk) extending west into the\nOliver Creek valley. With regard to other anomalies on the Irony property,\nanomalies identified and previously discussed from the preliminary magnetic\ndata are identical on the final data.\nThe final data documents two strong linear anomalies on the west side of\nOliver Creek, interpreted to correlate to the RCMSH and consistent with\nprevious projections for the location of the mineralized horizon. Three\nseparate drill pads have been proposed to test the most prominent of the\nanomalies on the west side of Oliver Creek. Two additional pads have been\nproposed to test a prominent set of anomalies immediately south of the \"E\nZon...