Business
NETWORK ANNOUNCES CALDERA DRILL RESULTS
NETWORK ANNOUNCES CALDERA DRILL RESULTS
About this update from Ynvisible Interactive Inc. Class A
[{"type":"text","content":"\n\n\n\n Oct. 29, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, Oct. 29 /CNW/ - Network Exploration Ltd. (the "Company")\n (TSX.V: NET) has now received the assay results from the drill program\n on its Caldera property.\n\n\nA total of 2,401 meters of diamond drilling was completed in 11 holes in\n the recent drill program. Six of the holes tested the porphyry\n copper-molybdenum (gold) target, four tested the peripheral gold target\n and one tested a combined copper-gold target. Drill hole locations were\n selected based on results of mapping, geochemistry and geophysics as\n well as previous Network drilling.\n\n\nAssay results from the drill holes targeting the copper-gold-molybdenum\n system are generally disappointing and lead to the conclusion that the\n system is a low grade porphyry system. The potassic altered center of\n the system was tested by four drill holes in this program with only\n thin sections of anomalous copper and gold mineralization. Although\n there are short sections of copper in the 0.3% range, the persistent\n thick mineralized zones necessary for economic consideration are not\n apparent near surface although the potential still exists at depths\n deeper than the Company drilled (+300m).\n\n\nResults from the gold showing area previously tested in underground\n workings are erratic and the program failed to extend the length or\n depth of the known mineralization. With this information it is\n concluded that, although small h...