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Caldera trenching and drill assay confirms 20 to 40 meters of gold and copper values
Caldera trenching and drill assay confirms 20 to 40 meters of gold and copper values.
About this update from Ynvisible Interactive Inc. Class A
[{"type":"text","content":"\n\n\n\nVANCOUVER, Jan. 22 /CNW/ - Network Exploration Ltd. (the \"Company\")\n(TSX.V: NET.H) (US: NETYF.PK) reports average assay values of .28 % copper\nover 40 meters and .35 g/t gold over 30 meters from previous Noranda\ntrench-work while testing and refining Caldera's geological compilation.\n\n\nNetwork's senior geologist, Mr. Marco Fernandez-Concha, recently wrapped\nup a short exploration program at the Caldera property where he led a Chilean\nexploration team through a program designed to help pinpoint future drill\ntargets and re-evaluate the geological model of the property. This program\nincluded the re-sampling of select sections of Noranda's remaining trench\nlocations and re-logging, splitting and assaying the drill cores which remain\nfrom Noranda's 1994-1995 exploration program.\n\n\nOf the 9 drill holes completed by Noranda in 1995, six drill cores have\nbeen located, split, and re-assayed. The assay values from drill hole No.\nCA-95-2 which was drilled to a depth of 70.5 meters at a 45 degree angle\ncontained an average of .24 % copper over the final 18 meters of the core\nleaving the mineralization open to depth. This hole terminates at a vertical\ndepth of approximately 50m.\n\n\n\"The .24 % Copper revealed in the final 18m of drill core No. CA-95-2 is\nencouraging as it indicates that mineralization exists to a deeper level,\"\nadds Mr. Richard Schnoor, Director of International Operations. \"Noranda only\ntouched the surface of the mineralization and we intend to discover what lies\nbeneath it.\"\n\n\nAdditionally, Mr. Fernandez-Concha sampled from select locations within\nthe remaining Noranda trench-work where he found in trench 2, .35 g/t gold\n(Au) and .23 % copper (Cu) over a length of 30m and from trench 6, .21 g/t\ngold (Au) and .28 % copper (Cu) over a distance of 40m. The Noranda trenches\nare spaced at approximately 100 to 300 meter intervals and sampling has also\nrevealed an erratic presence of silver (up to 13.3 g/t) and Molybdenum (up to\n107 g/t).\n\n\nThe rock samples were transported and delivered to ALS Chemex in Chile by\nMr. Marco Fernandez-Concha where they were analyzed using regular ICP\ntechniques. Professional Engineer Mr. Peter Folk is the qualified individual\nresponsible for the geological content of this news release.\n\n\nNetwork Exploration Ltd. is a mineral exploration Compa...