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Jasper Mining Corporation - More high grade results from Isintok property
Trading Symbol: JSP (TSX-Venture) CALGARY, Sept. 29 /CNW/ - Jasper Mining Corporation (the "Compa...
About this update from Tuktu Resources Ltd
[{"type":"text","content":"\n\n\n\nTrading Symbol: JSP (TSX-Venture)\n\n\nCALGARY, Sept. 29 /CNW/ - Jasper Mining Corporation (the "Company") has\nreceived further analytical results from its 100% owned Isintok property. The\nproperty comprises approximately 2,839 ha (7,015 acres or approximately\n11.0 square miles), covering the drainage divide between McNulty and Isintok\ncreeks. The property is located west of the Okanagan Valley in south-central\nBritish Columbia,approximately 27 km west-southwest of Summerland and 20 km\nnorth of Hedley.\n\n\nHole IS-08-47 is currently being drilled as part of the Company's\ncontinued program to evaluate sub-surface mineralization corresponding to\ncoincident surface soil and Induced Potential anomalies.\n\n\nThe results from Hole 26 are from the last hole drilled on the east flank\nof the coincident anomaly, which was drilled toward the west into\nmineralization controlled by steeply, generally west dipping structures. As a\nresult, the hole is interpreted to have been drilled sub-parallel to the\ncontrolling structure which has the result of diluting the vein density while\nexaggerating the thickness of any mineralized interval. Management believes\nthe overall result has been essentially a trade-off as visual results from\nmultiple holes drilled on the western side of the coincident anomaly are\ntentatively interpreted to indicate similar (and potentially better) overall\ngrades. However, management would like to emphasize that this is an entirely\nempirical observation at this point, subject to confirmation through\nanalytical results expected over the next several weeks.\n\n\nManagement also wishes to emphasize the point that while the project is\ncurrently being evaluated as a Cu - Mo porphyry deposit, numerous very high\ngrade molybdenum intercepts have been documented, with single sample intervals\nto 3.985% Mo (6.647% MoS(2)) over 0.32 m and composite intervals grading\n0.055% Mo (0.092% MoS(2)) over 44.58 m. Local high grade values for silver\n(40.30 g/t over 1.18 m), Au (2.591 g/t over 1.18 m) and tungsten (0.442% over\n0.86 m) have also been documented.\n\n\nThe following table is a compilation of high grade analytical results for\ncopper +/- molybdenum +/- silver +/- gold for hole (IS-08-26).\n\n-------------------------------------------------------------------------\n Hole From To Width Cu Mo...