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Helio Resource Corp. - SMP Gold Project, Tanzania
LATEST EXCELLENT DRILL RESULTS FROM THE PORCUPINE TARGET, SMP GOLD PROJECT, TANZANIA INCUDE: 51.7...
About this update from Winshear Metals Corp.
[{"type":"text","content":"\n\n\n\n LATEST EXCELLENT DRILL RESULTS FROM THE PORCUPINE TARGET,\n SMP GOLD PROJECT, TANZANIA INCUDE:\n 51.7m @ 2.1g/t Au\n 35.5m @ 2.3g/t Au\n 54.2m @ 1.0g/t Au\n 39.7m @ 2.3g/t Au\n 44.3m @ 1.8g/t Au\n\n\nVANCOUVER, Nov. 10 /CNW/ -\n\n\nPorcupine Target Drilling Update\n--------------------------------\nHelio Resource Corp. ("Helio" or the "Company") (TSX-V: HRC) is very\npleased to report the latest drill results from five diamond drill holes from\nthe Porcupine Target at the SMP Gold Project, Lupa Goldfields, SW Tanzania.\nThe results confirm management's view that Porcupine has the potential to host\na very significant open-pittable gold resource.\n\nHighlights\n----------\n- All five drill holes intersected wide zones of gold mineralisation,\n adding further confidence to the continuity of mineralisation both to\n depth and along strike laterally.\n- Mineralisation extended to a down-dip depth of approximately 250m from\n surface.\n- Mineralisation is still open to depth and along strike.\n- A further 21 diamond drill holes have been completed - results are\n pending.\n- The 2008 diamond drilling has been completed.\n- A 3,000m RC (reverse circulation) drill programme is due to commence,\n and should be completed before year-end. This programme will test a\n 1.5km strike length of the Porcupine Target, the objective being to\n demonstrate the potential for Porcupine to host a large open-pittable\n gold resource.\n\nThese results are from drill holes GPD 15 to GPD19, inclusive. Results are\npresented in the links below:\n\nTable of Drill Intercepts:\nhttp://www.helioresource.com/i/pdf/2008-11-10 NRM1.pdf\n\nPorcupine Target - Drill Hole Section A:\nhttp://www.helioresource.com/i/pdf/2008-11-10_NRM2.pdf\n\nPorcupine Target - Drill Hole Section B:\nhttp://www.helioresource.com/i/pdf/2008-11-10_NRM3.pdf\n\nPorcupine Target - Long Section Main Zone:\nhttp://www.helioresource.com/i/pdf/2008-11-10_NRM4.pdf\n\nPorcupine Target Map:\nhttp://www.helioresource.com/i/pdf/2008-11-10_NRM5.pdf\n\nHoles GPD15, 16 and 17 were drilled on the same section line as holes GPD1\n(42.3m @ 4g/t Au) and GPD2 (49.8m @ 1.7g/t Au). The average true thickness of\nthe mineralised zone along this section is 41 metres.\nHoles GPD18 and GPD19 were drilled 50m away to the NE of holes GPD15, 16\nand 17 on the same section line as hole G...