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Network discovers 5.82 g/t of gold over 12.0m at La Blanca
VANCOUVER, June 3 /CNW/ - Network Exploration Ltd. (the "Company") (TSX.V: NET) is pleased to ann...
About this update from Ynvisible Interactive Inc. Class A
[{"type":"text","content":"\n\n\n\nVANCOUVER, June 3 /CNW/ - Network Exploration Ltd. (the "Company")\n(TSX.V: NET) is pleased to announce that it has completed a 60 metre channel\nsampling program within La Blanca mine at the Company's Caldera property in\nnorthern Chile. Results of the program revealed 5.82 g/t of gold over\n12.0 meters.\n\n\nFour adits were completed by artisanal miners in the past. Of these, the\nuppermost adit (No. 4) was the most extensive. Results of sampling of the adit\nwalls over a length of 36 metres, which included a 4 metre section that was\nnot sampled, show a 12.0 metre sample assaying 5.82 g/t of gold and a further\n20.0 metre sample assaying 2.21 g/t. Results from the mine samples taken in\ntwo of the other adits were also highly anomalous, with the highest assay\nvalue being 1.765 g/t of gold over 2.0 m.\n\n\nThe highest value for gold was 9.24 g/t over 2 metres. Silver and copper\nvalues were also found to be anomalous, with maximum values reaching 20.9 g/t\nover 20.0 meters and 3,000 ppm over 2.0 meters, respectively.\n\n\n"Individual results from these continuous channels show uniformity in the\nmineralization, especially in the area's upper-most level," says Marco\nFernandez-Concha, the Company's senior geologist. Moving forward, Network\nExploration plans to conduct a second phase of exploration, implementing\nvertical drilling over the northeastern part of the system.\n\n\nLa Blanca houses a 300m x 100m silica breccia, consisting of stockwork\nwith quartz-sericite alteration. It is located on the western portion of a\nporphyry copper-gold system at the Company's 24 sq. km Caldera property.\n\n\nSamples were taken at two metre intervals throughout the channels, placed\nin tamper proof bags and delivered by company personnel to the ALS Chemex\nlaboratory in La Serena, Chile where they were assayed utilizing the Au plus\n36 element ICP package.\n\n\nThis field program is managed by Senor Marco Fernandez-Concha, an\nexperienced South American geologist. This press release has been approved by\nKen Thorsen, a Director of the Company and the Company's Qualified Person.\n\n\nNetwork Exploration Ltd. is a mineral exploration company committed to\nbuilding shareholder value through the acquisition of base and precious metal\nproperties in North and South America. For additional information, contact the\n...