LAVAL, QC, April 25 /CNW/ - Stellar Pacific Ventures (SPX) is pleased to announce that it is preparing a new phase of drilling on its Vassan Property located within the Val d'Or gold mining camp. The company expects to complete 4,500 metres of drilling within the next few months. The drilling will be aimed at delineating the Hamelin mineralized structure towards the east and at depth. More specifically, the drilling will target the extensions of the intercepts obtained in the last two holes of the 2006 fall campaign.
Last fall, hole V2006-12 returned 10.43 g/t Au, 6.6 g/t Ag and 0.64% Cu over 1 metre while hole V2006-13 gave 16.03 g/t Au over 0.33 metre and 5.86 g/t Au over 0.62 metre. The 2006 fall program demonstrated that the Hamelin structure is continuous from surface down to the 550 m level and that it is still open at depth and towards the east.
It is important to remember that a down hole geophysical survey detected the structure in hole V2006-10, located more than 200 m to the east of V2006-13, indicating that it is most probably extending in that direction for a fair distance.
Pierre O'Dowd, geologist and Qualified Person as per National Instrument 43-101, is responsible for preparing the technical information contained in the release.
Stellar Pacific Venture Inc. is a junior mining exploration company listed on the TSX-V whose primary objective is to develop and bring into production viable gold deposits.
"Michel Lemay"
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Michel Lemay
President
The TSX Venture Exchange has in no way passed on the merits of the
proposed transaction and has neither approved or disapproved the contents
of this press release.