Post by Franko10 ™ on Sept 20, 2004 15:50:53 GMT -5
NEWS RELEASE
WORK PLANNED FOR CHUCKWALLA COPPER/GOLD PROJECT
Gary Billingsley, President, announces that work plans are being finalized for the Company's 100%-owned Chuckwalla copper/gold project in California .
The Chuckwalla property is located near the Nevada and Arizona borders in a traditional mining area in close proximity to several former producing mines.
The last work on the property was carried out in 1991 by Santa Fe Pacific Gold Corp. and consisted of extensive surface sampling leading to the definition of two target areas for further exploration and drilling. The “North Fanglomerate Block A” target was described by Santa Fe as having a tonnage potential of 20 million tons grading +3% copper using a 0.5% cutoff and the “South Andesite Block B” was presented as having a tonnage potential of 6 million tons with the same grade as Block A. In addition to high-grade copper the target blocks also contain high-grade gold values which Santa Fe noted but did not quantify in terms of an average for the two target blocks. The highest gold assay reported by Santa Fe was 0.96 ounces per ton and 26% of their initial chip sampling program over the property averaged 0.19 ounces per ton gold. Santa Fe completed a Plan of Operations to permit an extensive drill program, but the program was never carried out reportedly due to the fact that takeover discussions were already in progress with Newmont Mining.
The Company plans to establish a grid over the property and carry out a program of detailed mapping, ground geophysical and geochemical surveys and detailed sampling of the existing outcrops, pits and trenches. The program is scheduled to commence in September with the goal of verifying the results and potential reported by Santa Fe . Follow-up drilling will be carried out based on results of the initial work program.
Gary L. Billingsley, C.A., P.Eng., P.Geo.
President
For further information contact the Company at (306) 668-0701. All email inquiries should be made to info@gwmg.ca (website: http://www.gwmg.ca) Direct mail: Great Western Minerals Group Ltd., 119A Cardinal Crescent, Saskatoon, SK S7L 6H5
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© 2004 Great Western Minerals Group Ltd.