In c6883 transmitted at 06:00e today, an error occurred in the first bullet point at the beginning of the release. It should read "0.62% copper" not "62% copper". Corrected copy follows: Boxxer Continues To Expand Zone of Copper-gold Mineralization in Boss Mine and Potential of Boss Project
CALGARY, Jan. 13 /CNW/ - Boxxer Gold Corp (TSXV - "BXX") is very pleased to announce that channel sampling on the 4th level of the Boss Mine continues to expand the mineralized zone and yielded the following mineralized intervals:
- 0.62% copper, 0.57g/t gold, 0.31g/t PGE and 3.43g/t silver over an
interval of 94.0 metres including
- 1.20% copper, 2.27g/t gold, 0.51g/t PGE and 10.50g/t silver over a
6.20 metre interval
The Boss Mine produced high-grade copper in the late 1800's and is located within Boxxer's 100% owned Boss project in southern Nevada.
Mr. Elmer Stewart, President and CEO of Boxxer stated, "The analytical results from the 4th level combined with the results from the 5th and 6th levels of the Boss Mine indicates continuity of the mineralized zone along strike and down dip. These results suggest that the zone of copper-gold mineralization exposed in and around the Boss Mine could be substantially larger than originally interpreted."
The Boss Mine:
The Boss Mine consists of six levels. Visible copper mineralization occurs in outcrop from below the 3rd level to the top of the hill above the 6th level, a vertical interval of approximately 70m. Visible copper oxide mineralization also extends from the entrance of each of the 3rd, 4th and 5th level approximately 60m to the north and to the end of each level, a distance of approximately 100m. The copper oxide mineralization is hosted in a skarn. Table-1 show the minimum dimensions of the mineralized zone and average grade of the sampling completed on each level of the Boss Mine in 2008:
Table-1: Analytical results Boss Mine sampling
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Length Width Copper Gold PGE Silver
Level (m) (m) (%) (g/t) (g/t) (g/t)
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6th 31 11 1.46 0.57 0.21 10.94
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5th 100 24 1.15 1.05 1.09 12.92
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4th 94 33 0.59 0.82 0.33 3.02
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3rd 125 53 0.99 0.41 0.23 3.04
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PGE (equal sign) is the sum of the platinum and palladium concentrations
The analytical results for the 6th, 5th and 3rd level have been previously announced in various news releases. The 3rd level is 125 m long, but only sampling of the interpreted width (53 m) of the mineralized zone on this level has been completed.
4th Level:
The sample locations, average grade and minimum dimensions for the 4th level of the Boss Mine are shown in Figure-1. Individual sample results listed in Table-2. This level is continuously mineralized over its entire length from its entrance (sample BM-39-08) to the end of the workings (sample BM-26-08); a horizontal distance of 94 metres and has a minimum width of 33m. The mineralized zone on this level extends beyond the limits of the underground workings (Figure-1) along strike and additional sampling of the crosscuts on the 4th level is required to determine the width of the mineralization on this level.
The copper and gold grades in the individual samples collected on the four levels of the Boss Mine to date are highly variable and in some places demonstrate an inverse relationship (low copper content with high gold content). For example, samples BM-28-08, BM-29-08 and BM-30-08 from the 4th level showed no visible oxide copper mineralization yet these samples contain appreciable concentrations of copper and high concentrations of gold and combined PGE. The analytical results of the channel samples from the 4th level are shown in Table-2.
Table-2: Analytical results for channel samples from the 4th level of the
Boss Mine
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Interval copper gold PGE(x) silver
Mine Level Sample No. (m) (%) (g/t) (g/t) (g/t)
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4th Level
BM-26-08 4.90 0.81 0.63 0.12 4.60
BM-27-08 4.10 0.62 1.01 0.18 9.20
BM-28-08 3.70 0.27 2.84 1.82 3.50
BM-29-08 5.00 0.28 4.59 0.57 0.80
BM-30-08 4.90 0.12 1.56 0.76 1.20
BM-31-08 6.00 0.46 0.97 0.65 2.40
BM-32-08 5.20 0.14 0.64 0.23 1.30
BM-33-08 4.00 0.07 0.22 0.12 2.50
BM-34-08 5.80 0.19 0.09 0.04 0.70
BM-35-08 5.50 1.69 1.00 0.17 3.50
BM-36-08 5.70 0.30 0.22 0.14 2.30
BM-37-08 6.30 0.06 0.13 0.22 0.80
BM-38-08 6.40 0.45 0.32 0.11 4.40
BM-39-08 6.60 2.59 0.34 0.77 8.50
BM-40-08 7.00 0.67 0.21 0.19 2.80
BM-41-08 6.70 1.23 0.59 0.76 3.00
BM-42-08 8.00 0.30 0.24 0.17 3.50
BM-43-08 6.20 1.20 2.27 0.51 10.50
BM-44-08 6.20 0.07 0.25 0.14 2.00
BM-45-08 4.30 0.13 0.26 0.93 2.20
BM-46-08 7.00 0.04 0.12 0.13 0.80
BM-47-08 5.30 0.03 0.20 0.09 1.20
BM-48-08 5.10 2.26 0.81 0.58 5.40
BM-49-08 5.90 0.46 0.47 0.38 1.40
BM-50-08 5.20 0.62 0.28 0.12 2.60
BM-51-08 3.10 0.89 0.88 0.83 3.70
BM-52-08 6.20 0.95 0.36 0.32 2.70
BM-53-08 6.20 0.19 3.82 tr 1.20
BM-54-08 4.00 0.06 0.12 tr 0.30
BM-55-08 3.00 0.06 0.05 tr 0.20
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PGE (equal sign) is the sum of the platinum and palladium concentrations
in the samples with a ratio of 1 to 3.5.
tr (equal sign) trace concentrations
Future Plans:
Systematic channel sampling of the 3rd level of the Boss Mine is expected to commence in either late January or early February, 2009. Re-negotiation of the diamond drilling contract to test the Oro Amigo, Boss Mine and Boss Extension zones is expected to be completed by mid-January.
Sample Preparation and Analysis:
All channel samples were collected with a hammer and chisel and represent continuous sampling of the material within the sample interval. Sample weights ranged from 3.8 to 9.5 kilograms and sample intervals ranged from 3.0 to 7.0 metres. All samples were prepared ALS Chemex laboratory in Winnemucca, Nevada and were analyzed by ALS Chemex in Vancouver, British Columbia using PGM-ICP 23 for gold, platinum and palladium and ME-ICP41 for silver and copper and other metals. ALS Chemex's quality system complies with the requirements for the International Standards ISO 9001:2000 and ISO 17025:1999. Analytical accuracy and precision are monitored by the use of international and in-house standards.
Quality Control
Boxxer follows a rigorous Quality Assurance/Quality Control program consisting of inserting blanks and duplicates into the sample stream submitted to the laboratory for analysis.
Elmer B. Stewart, MSc. P. Geol., President of Boxxer, is the Corporation's nominated Qualified Person pursuant to National Instrument No. 43-101, Standards for Disclosure for Mineral Projects, has reviewed the technical information disclosed in this news release.
About Boxxer Gold Corp.
Boxxer Gold is a Canadian junior resource company involved in the exploration of three copper-gold projects in the state of Nevada, and a shear hosted gold project located 110 kilometres north of Yellowknife NWT, Canada.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This news release contains forward-looking information including but not limited to comments regarding the timing and content of upcoming work programs and geological interpretations. Forward-looking information includes disclosure regarding possible future events and therefore, involves inherent risks and uncertainties. For any forward-looking information given, management has assumed that the analytical results it has received are reliable, and has applied geological interpretation methodologies which are consistent with industry standards. Although management has a reasonable basis for the conclusions drawn, actual results may differ materially from those currently anticipated in such statements. For such statements, we claim the safe harbour for future.
To view Figure 1, Boss Mine 4th level sampling plan, please see: http://files.newswire.ca/758/Boxxer_Boss_Mine_4thLevelSampling.doc