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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Normabec Mining Resources Com Npv | TSXV:NMB | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
Normabec previously released excellent results from the first three holes of the 2008 program on Pitt Gold (including 35.18 g/t Au over 5.0 m). The current release gives the results from the remaining six drill holes completed on the property this year.
DRILL HOLE FROM TO LENGTH GRADE VEIN (m) (m) (m) g/t Au PG2008-02 538.5 539.5 1.0 2.38 1 630.0 632.0 2.0 2.32 2 758.0 761.0 3.0 1.84 766.5 769.5 3.0 8.42 PG2008-03 No value equal or above 1 g/t Au PG2008-04 403.0 406.0 3.0 2.23 514.0 515.0 1.0 9.02 1 577.5 578.5 0.5 8.05 593.0 595.0 2.0 7.12 2 666.0 667.0 1.0 4.97 675.0 676.0 1.0 2.26 677.0 678.0 1.0 1.47 680.7 682.1 1.4 3.26 PG2008-05 167.0 172.0 5.0 2.46 331.0 332.0 1.0 1.51 335.0 336.5 1.5 31.76 including 335.0 335.5 0.5 16.70 and 335.5 336.0 0.5 77.55 373.0 374.0 1.0 2.64 402.0 403.0 1.0 1.92 439.0 442.0 3.0 6.55 1 including 441.0 442.0 1.0 12.69 468.0 469.0 1.0 25.37 512.0 514.0 2.0 21.04 2 including 512.0 513.0 1.0 19.17 and 513.0 514.0 1.0 22.90 538.5 539.0 0.5 2.85 PG2008-06 No value equal or above 1 g/t Au PG2008-07 522.0 523.0 1.0 28.46 2
The Pitt Gold property continues to deliver significant gold values. Most of these intervals are either related to zone 1 (which can be followed for 400 m X 350 m) or zone 2 (which can be traced for 400 m X 400 m) or other satellite zones to the above.
The company recently mobilized a drill rig on the property and intends to complete approximately 4,000 metres of drilling before the end of the year. Drilling is being performed on a semi-systematic 50 X 50 meter grid in order to properly define zones 1 and 2 and other structures identified in previous program.
Samples were prepared and assayed at Laboratoire Expert of Rouyn-Noranda and were subjected to fire assay with AA finish. Normabec has implemented a QAQC program which includes systematic use of standards, blanks and duplicates. Values above 1 g/t Au are systematically re-assayed.
The 2008 drilling program is being carried out under the supervision of Mr. Pierre O'Dowd, geologist and Qualified Person as per National Instrument 43-101.
Following the completion of its latest drilling program, Normabec acquired 100% interest in the Pitt Gold property. The interests retained by the former owners (SOQUEM INC. and GeoNova) has been each converted into a 1% NSR Royalty.
Normabec is a junior mining exploration company with a portfolio of advanced exploration projects including: the Pitt Gold Project in Quebec and the Real de Catorce Silver Project in Mexico.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
Contacts: Normabec Mining Resources Limited Robert Ayotte President 450-441-9177 info@normabec.com http://www.normabec.com
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