LAVAL, Oct. 15 /CNW/ - Stellar Pacific Ventures (SPX) is pleased to announce that exploration program will resume on October 21, 2007 on its Vassan gold property located within the Val d'Or mining camp.
Stellar Pacific Ventures (SPX) is initiating a major exploration program on Vassan property consisting of drilling program in three phases totalising 18 000 metres.
The first phase consists of a series of deep holes 750 to 800 meters to measure the 3 knowned veins extensions and definition. The drilling program will include the continuation of two previously drilled holes by 100 to 150 metres to study the 600 metres level of new vein H-1.
The spring-summer drilling program on Vassan was highly successful as Stellar demonstrated that the main structure (H-3) is still present around the 600 metres level and that two new parallel structures appear below the 400 metres level.
Stellar had an intercept of 5.82 Au g/t on 8.9 metres on vein H-3 and 10.52 Au g/t on 2.20 metres on new vein H-1. The new vein H-1 can be followed 200 metres laterally and 200 metres vertically.
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.