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Jasper Mining Corporation - Further results for Hole 26 document 271.25 m grading 0.27% Cu.EQ. from diamond drill program on Isintok property
Trading Symbol: JSP (TSX-Venture) CALGARY, April 14 /CNW/ - Jasper Mining Corporation (the "Compa...
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[{"type":"text","content":"\n\n\n\nTrading Symbol: JSP (TSX-Venture)\n\n\nCALGARY, April 14 /CNW/ - Jasper Mining Corporation (the "Company") has\nreceived additional analytical results from Hole IS-08-26 from its 100% owned\nIsintok property. The property comprises approximately 2,839 ha (7,015 acres\nor approximately 11.0 square miles), covering the drainage divide between\nMcNulty and Isintok creeks. The property is located west of the Okanagan\nValley in south-central British Columbia, approximately 27 km west-southwest\nof Summerland and 20 km north of Hedley.\n\n\nA total of 54 drill holes have been completed by the Company on the\nproperty to date, with 38 of those holes completed as part of the Company's\nhighly successful 2008 exploration program. Of the 2008 holes, full or partial\nresults have now been released from only 18 of these holes to date. The\nobjective of the 2008 drill program was to evaluate sub-surface, porphyry\nstyle mineralization corresponding with coincident surface soil and Induced\nPotential (geophysical) anomalies.\n\n\nHole 26 was drilled from the eastern flank of the coincident anomaly,\ndrilled to the west at an azimuth of 263 degrees at an inclination of -65\ndegrees. As such, the hole is interpreted sub-parallel to mineralization\ncontrolled by steeply, generally west dipping structures. Therefore, the hole\nis interpreted to have been drilled at a relatively shallow angle to the\ncontrolling structures.\n\n\nManagement wishes to emphasize that although the project is currently\nbeing evaluated as a Cu - Mo porphyry deposit, numerous very high grade\nmolybdenum intercepts have been documented, with single sample intervals to\n4.985% Mo (8.315% MoS(2)) over 0.32 m and composite intervals grading 0.055%\nMo (0.092% MoS(2)) over 44.58 m. Local high grade values for silver (40.30 g/t\nover 1.18 m), Au (2.591 g/t over 1.18 m) and tungsten (0.25% over 1.12 m) have\nalso been documented.\n\n\nThe following table is a compilation of high grade analytical results for\ncopper +/- molybdenum +/- silver +/- gold for hole 26, in its entirety. Note:\nConsistent with recent News Releases, only results for individual intervals\ngreater than 1.00% copper, 1.00% MoS(2) and/or a copper equivalency value\ngreater than 0.2% (for composite intervals) have been tabulated below.\n\n\n-------------------------------------------------...