🕐04.05.10 - 19:56 Uhr
AMI (AMU.v) Resources To Drill for Extension of Semafos Samira Hill Mine
AMI Resources Inc.
- Results & Recommendations
VANCOUVER, May 4 /CNW/ - AMI Resources Inc.
(TSX-V: AMU) - The Company
has received and posted on its website www.amiresources.com
the final drill reports on both the
Tialkam and Deba license that make up the Sirba Gold Project in Niger.
Tialkam License - Eight reverse circulation ("RC") holes totaling 808m
were drilled at Congo Toure and Tialkam South prospects.
The holes
drilled at Congo Toure confirm the presence of gold mineralization in
volcanic rocks associated to the gabbroic complex.
The next drill
program is proposed along an East West fence that will intersect
potential gold mineralization along the N45 degrees - N55 degrees
geological trend and the N130 degrees - N140 degrees tectonic features.
The drill holes at Tialkam South with intersections of 24m @ 3.08 g/t
have confirmed the mineralization from the historic drill holes, while
the intersection of 8m @ 1.08 g/t in TSR004 has extended its continuity
over 300 m to the NE.
Two fence lines of RC holes are proposed to
confirm the extension along this trend.
A GEOTEM generated prospect in the lower SW corner of the Tialkam
license is probably the same graphitic horizon as Semafos Libiri
deposit but was displaced by NNE trending faults.
A fence profile of 13
drill holes will check the probable extension of the Libiri/Libdorado
mineralization into the Tialkam license.
The Semafo Samira Hill deposit
is the first economic gold deposit in Niger and the corridor of gold
mineralization in the Sirba belt partly covered by the Tialkam and Deba
license is a very favourable area for the next discovery.
See attached
map.
http://files.newswire.ca/872/GOLDCORRIDOR.doc
Deba License - Seventeen RC holes totaling 1,375m were drilled at Deba
village, Kokoloukou and Sefa Nangue, three of the 5 known prospects on
this license.
The main objective of this program was to confirm and
extend the gold mineralization identified in historic drill holes.
In the Deba village prospect, soil geochemistry has identified clusters
of gold anomalies within an area of approximately 2 km in diameter where
trenching and drilling encountered gold mineralization.
At Sefa Nague the RC drilling encountered several narrow gold
intersections some ranging from 10m to 18m.
The core drilling in the mid
nineties by Japan Intergovernmental Cooperation Agency (JICA) also
intersected a multitude of quart veins oriented E-W.
JICA reported a
NI43-101 non-compliant resource of 2.4 m tons grading 2.06 g/t Au from
5,126m of core drilling.
The mineralized zone about 500m wide has likely
a western extension where more prolific gold zones could be located.
A
prolongation of the gold mineralization toward the NW is incidentally
supported by atisanal mining sites and the curvature of the quartz veins
in that direction.
RAB drilling is proposed in the most promising NW
area and trenching for reconnaissance toward the SW.
Claude Jobin, P.Eng M.Sc.
AMIs consulting geologist, who is a qualified
person within the meaning of NI43-101, has reviewed the scientific and
technical information contained in this press release.
An exploration
program and budget is currently being designed to further test the above
prospects on both the Tialkam and Deba licenses.
We seek safe harbour.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release."
Products & Services | Jobs
|