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Eagle Plains/Providence Capital Provide Analytical Results from Diamond Drill Program at Iron Range Project, Southeastern BC

Eagle Plains/Providence Capital Provide Analytical Results from Diamond Drill Program at Iron Ran...

articleWestern Star Resources, Inc.December 21, 20104/company/western-star-resources-inc/news/eagle-plainsprovidence-capital-provide-analytical-results-from-diamond-drill-program-at-iron-range-project-southeastern-bc-2
Eagle Plains/Providence Capital Provide Analytical Results from Diamond Drill Program at Iron Range Project, Southeastern BC

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[{"type":"text","content":"\nEagle Plains/Providence Capital Provide Analytical Results from Diamond Drill Program at Iron Range Project, Southeastern BC\n\n\n Dec. 21, 2010 (Filing Services Canada) -- Eagle Plains Resources Ltd. (EPL - TSX Venture, EGPLF - OTCBB_Pink_Sheets), and Providence Capital Corp. (TSX-V:PV)  have received complete analytical results for Holes IR10-005 and IR10-010, which are considered to contain the best mineralization observed to date of the 2010 program. Since September, the partners have completed ten diamond drill holes for a total footage of 10,945 feet (3,337m). The partners continue to test structural features and the stratigraphic interval known to host the Sullivan deposit, located 70km to the north. Current work is targeting both precious metal and base metal mineralization. Highlights:* Hole IR10-010 intersected two intervals of gold-bearing massive sulphide mineralization. The lowermost zone consists of finer grained, gold-bearing massive sulphide material at a depth of 275.5.0-279.5m (truncated by a fault) within similar host rocks and at a stratigraphic position interpreted to be at or near the same interval which hosts the Sullivan deposit. The structural setting, alteration assemblages (tourmalinite, albite) and accessory minerals encountered (cadmium, antimony, tin, bismuth, boron, copper) are also consistent with those associated with Sullivan and other sedimentary-exhalative (\"sedex\") deposits.* Selected intervals from Hole 10 include:  * 192.0-206.0m (upper sulphide interval): 14.0m @ 5.1g/t Au, 1.86%    Pb, 2.1% Zn, 75.3g/t Ag * Including 196.9-204.0m: 7.1m @ 8.13g/t Au, 2.84% Pb, 3.07% Zn, 86.6g/t Ag* Also Including 196.9-198.5m: 1.6m @ 9.9g/t Au, 6.06% Pb, 7.18% Zn, 181.0g/t  Ag* Also Including 201.4-204.0m: 2.6m @ 8.4g/t Au, 2.6% Pb, 2.54% Zn, 56.4g/t Ag* 224.0-280.5m: 56.5m @ 1.9g/t Au, 0.44% Pb, 0.59% Zn, 21.5g/t Ag* Including 240.0-245.0m: 5.0m @ 3.7g/t Au, 1.34% Pb, 0.13% Zn, 69.2g/t Ag* Including 272.0-280.5m: 8.5m @ 6.0g/t Au, 1.45% Pb, 2.56% Zn, 47.8g/t Ag* Also including 277.5-279.5m (lower sulphides-interpreted Sullivan time horizon): 2.0m @ 12.8g/t Au, 4.18% Pb, 5.06% Zn, 122.5g/t Ag; elevated Cd, Sb, Sn, Bi, B, Cu* Holes IR10-005 and IR10-010 are located near a major transportation corridor; with rail, road, gas and hydro-electric power situat...

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