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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Blind Creek Resources Ltd | TSXV:BCK | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.095 | 0.095 | 0.10 | 0 | 01:00:00 |
Phase 1 drilling was carried out within the 800 meter by 180 meter corridor along what is thought to be the hanging wall of the Llewellyn Fault Zone and encountered sections of pervasive hydrothermal quartz stockwork systems and several quartz veins. The zone is thought to be open to the southwest, southeast and northeast, and as a result, a Phase 2 drill program is currently being designed and will be announced when plans are complete.
-------------------------------------------------------------------------- Rock samples Sample Analysis Assays/Analyses collected ------------------------------------------------------------ over 800m ID Au Au 1 Au 2 Ag 1 Ag 2 Cu Pb Zn Mo strike -------------------------------------------------------------------------- ppb (g/t) (g/t) (g/t) (g/t) (%) (%) (%) (%) Location -------------------------------------------------------------------------- E83351 greater 245 263 1360 1350 4.15 3.46 Lum#2 Trench than 1000 dump E83352 greater 256 259 1200 1065 2.75 4.45 1.36 Lum#2 Trench than 1000 dump E83353 greater 25.5 154 149 Lum#2 Trench than 1000 dump E83355 greater 157 149.5 630 639 2.91 4.75 1.94 Lum#2 Trench than 1000 dump E83356 greater 55 384 381 2.65 1.74 Lum#2 Trench than 1000 dump -------------------------------------------------------------------------- E83358 greater 52.1 746 788 1.79 5.76 1.04 Lum#1 Trench than 1000 dump E83359 greater 8.29 424 448 Trail Vein than 1000 float E83362 greater 32.9 30.3 1180 3010 3.35 3.79 Trail Vein than 1000 float E83363 62.3 55.5 1.19 Trail Vein float E83365 greater 2.5 62.3 Brown Adit than 1000 grab -------------------------------------------------------------------------- E83370 415 126 River Vein, footwall E83373 greater 3.2 Lum #1 Trench than 1000 dump E83384 greater 3.4 320 Dutch Vein than 1000 chip/80 cm E83386 greater 1.2 184 Trail Vein than 1000 chip/80 cm E83395 greater 15.9 440 1.04 Newfie Vein than 1000 grab -------------------------------------------------------------------------- E83396 greater 5.2 116 Newfie Vein than 1000 grab 65154 135 18.8 0.3 Lum #1 grab 65157 greater 20.3 Lum #1 grab than 1000 65171 greater 17.2 Trail Vein than 1000 grab -------------------------------------------------------------------------- All analyses, unless otherwise indicated, were performed by Eco Tech (Stewart Group) -------------------------------------------------------------------------- Au 1, Ag 1 Eco Tech (Stewart Group) Assay Au 2, Ag 2 ALS-Chemex Assay --------------------------------------------------------------------------
The 2010 sampling program at the Wann River Project is believed to be multi-pulse, hydrothermal quartz vein system. Minerals observed in quartz on surface include tetrahedrite, chalcopyrite, galena, sphalerite, malachite, azurite, trace molybdenite, variable pyrite and associated trace arsenic with associated analytical gold and silver.
The Company began staking claims in 2004 around the historic Engineer Mine and in the historic Atlin placer gold camp in the Atlin Mining Division of northwestern British Columbia. The two claim groups now known as the Tagish Lake and Atlin claim groups have grown to a total of 116,868 hectares of contiguous mineral claims. The Wann River Project consists of mineral claims covering an area of 2,271 hectares within the Tagish Lake claim group and is located approximately 4 km south of the historic Engineer Mine.
The technical information in this News Release has been reviewed and approved by Nicholas Clive Aspinall, P.Eng., a qualified person as defined in National Instrument 43-101.
oz/t = troy ounce per metric tonne conversion @ 0.03215
On behalf of the Board of Directors,
J. Frank Callaghan, President and CEO
This News Release contains forward-looking statements. Forward-looking statements are statements, which relate to future events and conditions and therefore involve inherent risks and uncertainties. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our industry, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested herein. Except as required by applicable law, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results. All phases of the Company's operations are subject to environmental regulation and governmental approval and permits and there can be no assurance that the Company will obtain all the requisite permits for future development. Mining is an inherently risky business with large capital expenditures and cyclical metals markets.
Neither the 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.
Contacts: Blind Creek Resources Ltd. J. Frank Callaghan President and CEO (604) 669-6463 or Toll Free: 1-800 663-9688 (604) 669-3041 (FAX)
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