Owner
Post by Franko10 ™ on Sept 20, 2004 10:51:31 GMT -5
July 25, 2001
Star Kimberlite Project-Drilling Update
Jonathan Challis, President, is pleased to report that four of the seven NQ-sized diamond drill holes have now been completed and logged with representative samples selected for caustic fusion and petrographic analysis. This part of the program is designed to test the thickness, geometry, and consistency of the kimberlite towards the margins of the Star Kimberlite body, as well as to provide additional geological information on certain areas within the drill-defined kimberlite structure where the drill hole spacing still exceeds 200 metres.
Star 027, located approximately 100 metres southeast of hole 96-2, intersected 32 metres of kimberlite. The second drill hole completed, Star 028 was collared approximately 200 metres northwest of Star 017 and intersected 50 metres of kimberlite. Star 029 was collared approximately 100 metres north of Star 015 and intersected 60 metres of kimberlite. The fourth hole, Star 030, was drilled 50 metres west of Star 010 (terminated early due to a drilling breakdown). Star 030 intersected 120 metres of kimberlite and has confirmed that the previous intersection reported in Star 010 was substantially understated at 66 metres. It is now known that the actual area of kimberlite that exceeds 100 metres in thickness extends over a much wider area than had previously been determined Ð at least 0.5 square kilometres as demonstrated by drill holes.
Drilling of holes Star 024, 025 and 026 (numbers coincide with the drill pad locations) are currently underway. These holes are located within 100 metres of Star 020 and are designed to test the shape of the upper portion of the pipe drilled in January, which intersected 539.4 metres of kimberlite. Also, some of the holes in the current program have had 2 inch PVC casing installed to allow for down hole geophysical work which will be completed later in the program.
The Star Kimberlite project covers a currently drill defined area of over 4 square kilometres where the kimberlite has a minimum thickness of 30 metres. Preliminary estimates of continuous diamond-bearing kimberlite exceed 400 million tonnes, as indicated by geophysical modelling and substantiated by drill holes.
Shore Gold is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the Canadian Venture Exchange under the trading symbol “SGF”.
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Shore is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the TSX Venture Exchange under the trading symbol "SGF".
For further information please contact:
Kenneth E. MacNeill, President & C.E.O.; George Sanders, Vice President Corporate Development; or George H. Read, P. Geo., Vice President Exploration at (306) 664-2202
Star Kimberlite Project-Drilling Update
Jonathan Challis, President, is pleased to report that four of the seven NQ-sized diamond drill holes have now been completed and logged with representative samples selected for caustic fusion and petrographic analysis. This part of the program is designed to test the thickness, geometry, and consistency of the kimberlite towards the margins of the Star Kimberlite body, as well as to provide additional geological information on certain areas within the drill-defined kimberlite structure where the drill hole spacing still exceeds 200 metres.
Star 027, located approximately 100 metres southeast of hole 96-2, intersected 32 metres of kimberlite. The second drill hole completed, Star 028 was collared approximately 200 metres northwest of Star 017 and intersected 50 metres of kimberlite. Star 029 was collared approximately 100 metres north of Star 015 and intersected 60 metres of kimberlite. The fourth hole, Star 030, was drilled 50 metres west of Star 010 (terminated early due to a drilling breakdown). Star 030 intersected 120 metres of kimberlite and has confirmed that the previous intersection reported in Star 010 was substantially understated at 66 metres. It is now known that the actual area of kimberlite that exceeds 100 metres in thickness extends over a much wider area than had previously been determined Ð at least 0.5 square kilometres as demonstrated by drill holes.
Drilling of holes Star 024, 025 and 026 (numbers coincide with the drill pad locations) are currently underway. These holes are located within 100 metres of Star 020 and are designed to test the shape of the upper portion of the pipe drilled in January, which intersected 539.4 metres of kimberlite. Also, some of the holes in the current program have had 2 inch PVC casing installed to allow for down hole geophysical work which will be completed later in the program.
The Star Kimberlite project covers a currently drill defined area of over 4 square kilometres where the kimberlite has a minimum thickness of 30 metres. Preliminary estimates of continuous diamond-bearing kimberlite exceed 400 million tonnes, as indicated by geophysical modelling and substantiated by drill holes.
Shore Gold is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the Canadian Venture Exchange under the trading symbol “SGF”.
--------------------------------------------------------------------------------
Shore is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Company trade on the TSX Venture Exchange under the trading symbol "SGF".
For further information please contact:
Kenneth E. MacNeill, President & C.E.O.; George Sanders, Vice President Corporate Development; or George H. Read, P. Geo., Vice President Exploration at (306) 664-2202
