Aldrin Intersects Additional Elevated Radiation on the Anticline Target
19 Junho 2014 - 7:00AM
Marketwired
Aldrin Intersects Additional Elevated Radiation on the Anticline
Target
Highlights:
- Aldrin drills elevated radiation intersections in new drill
holes on the Anticline Target.
- Further drilling will follow high-resolution surface
geophysics and geochemistry to more precisely define the
target.
- Each of the first three drill holes return elevated counts
from the Mount Sopris model 2PGA-1000 down-hole gamma logger
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 19, 2014) -
Aldrin Resource Corp. ("Aldrin") (TSX-VENTURE:ALN) is pleased to
report new intersections of radioactive mineralization in the
second half of the first drill hole (ALN14-008) testing the
Anticline Target, as well as in both subsequent drill tests
(ALN14-009 and ALN14-010), based on field data from a Mount Sopris
model 2PGA-1000 down-hole gamma logger. The Anticline Target is a
coincident basement conductor, gravity low and structural feature
extending more than 2.5 km on strike (Fig. 1). It is located on
Aldrin's Triple M Property which is adjacent to Fission Uranium
Corporation's spectacular high-grade uranium discovery at Patterson
Lake in northern Saskatchewan.
As the Company
reported in a news release dated May 29, 2014 the down-hole gamma
logger identified 9 zones in the upper portion of drill hole
ALN14-008 between 176.6 m and 246. 2 m depth spanning in total 14.6
m which read values above 300 counts per second (CPS) over >0.3
m. As detailed in the May 29 news release, the two highest count
zones reached maximum values 1380 CPS (176.6 m to 183.2 m) and 1850
CPS (243.1 m to 246.2 m), where values remained above 1000 CPS over
a combined drill thickness of 2.7 m. Six of the other zones had
high counts above 500 CPS, and the remaining zone had a high count
of 380 CPS.
Subsequent to the
May 29 news release, drill hole ALN14-008 continued drilling to a
total depth of 416 m. The drill hole intersected an additional 5
zones with >300 CPS over a combined 10.25 m between 256.1 m and
293 m depth. There were 6 new peaks >500 CPS, with the highest
reaching 800 CPS at 325.5 m depth (Table 1).
The high-count zones
in drill hole ALN14-008 occur within intensely altered, locally
graphitic and garnetiferous, pelitic and semi-pelitic gneiss.
Alteration is clay-rich in the upper part of basement (interpreted
as paleoregolith) with local strong hematite staining and is
dominated by sericite and pyrite throughout the radioactively
mineralized zones. Dravite occurs locally.
Drill holes
ALN14-009 and ALN14-010 were drilled to further test the Anticline
Target after drill hole ALN14-080 and were completed to total
depths of 293 m and 284 m, respectively. ALN14-009 was drilled 75 m
west of ALN14-008, and encountered two peaks greater than 500 CPS
as well as three others from 390 to 475 CPS (Table 2). The maximum
peak value in ALN14-009 is 745 CPS. ALN14-010 was drilled 35 m
northwest of ALN14-008, and encountered 3 peaks greater than 500
CPS (maximum value 695 CPS) plus another that reached 380 CPS. All
peaks were measured using the same Mount Sopris 2PGA-1000 down-hole
gamma logger described above for ALN14-008. Both ALN14-009 and
ALN14-010 are dominated by variably graphitic, pelitic and
semi-pelitic gneiss, with strong sericite and pyrite alteration.
Alteration is similar to, but generally less intense than, drill
hole ALN14-008, which is consistent with ALN14-009 and ALN14-010
being slightly further out in the mineralization halo compared to
drill hole ALN14-008.
To view Figure 1,
please visit the following link:
http://media3.marketwire.com/docs/aln0619fig1.pdf.
Background radiation
levels are generally below 200 CPS in the meta-sedimentary rocks
that dominate the drill target area. Aldrin considers intervals
>0.3 m thick and with >300 CPS to be significant radioactive
mineralization for our exploration program in the Triple M Property
area. True thickness has not yet been determined for the intervals.
Note that the 2PGA-1000 down-hole logger records total counts which
can be derived from potassium (K), thorium (Th) or uranium (U)
radiation and thus may not be directly related to uranium content
in the drill core. Although a good correlation has been reported
between total counts and uranium content at Fission Uranium Corp's
Patterson Lake discovery, the actual radioactive source element
will only be known for the Anticline discovery after chemical
analysis on drill core is completed at the Saskatchewan Research
Council Laboratory in Saskatoon, Saskatchewan in the coming
weeks.
Johnathan More,
Aldrin Director and CEO, remarked, "I am very encouraged with the
strong results from our first drill tests of the Anticline Target.
I anticipate even more remarkable results when we return to
drilling immediately following our high-resolution surface
geophysics and geochemistry."
Harrison Cookenboo,
Ph.D., P.Geo. and Aldrin's Vice President Exploration and
Development, is a Qualified Person (QP) by the standards of
National Instrument 43-101. He has reviewed the technical data
described above and approves the contents of this news release.
ON BEHALF OF THE
BOARD
Johnathan More,
CEO and Director
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.
Table 1: High-count
intervals from drill hole ALN14-008:
ALN14-008
Intervals >300 CPS over >0.3 m from the 2PGA 1000 down-hole
gamma logger.
From (m) |
|
To (m) |
Thickness (m) |
|
|
|
|
176.6 |
- |
183.2 m |
6.5 m |
MAX = |
1380 |
CPS |
>1000 CPS = 0.6 m cumulative |
|
184.7 |
- |
185.6 m |
0.9 m |
MAX = |
505 |
CPS |
|
|
201.8 |
- |
202.1 m |
0.4 m |
MAX = |
550 |
CPS |
|
|
207.4 |
- |
207.9 m |
0.6 m |
MAX = |
755 |
CPS |
|
|
225.1 |
- |
226.3 m |
1.1 m |
MAX = |
880 |
CPS |
|
|
227.6 |
- |
228.2 m |
0.6 m |
MAX = |
730 |
CPS |
|
|
230.0 |
- |
230.7 m |
0.7 m |
MAX = |
380 |
CPS |
|
|
234.5 |
- |
235.1 m |
0.7 m |
MAX = |
500 |
CPS |
|
|
243.1 |
- |
246.2 m |
3.1 m |
MAX = |
1850 |
CPS |
>1000 CPS = 2.1 m continuous |
|
256.1 |
- |
260.0 m |
3.5 m |
MAX = |
535 |
CPS |
|
|
262.8 |
- |
264.0 m |
1.2 m |
MAX = |
430 |
CPS |
|
|
268.1 |
- |
270.0 m |
1.9 m |
MAX = |
780 |
CPS |
|
|
287.7 |
- |
290.4 m |
2.7 m |
MAX = |
600 |
CPS |
|
|
292.4 |
- |
293.7 m |
1.3 m |
MAX = |
450 |
CPS |
|
|
323.3 |
- |
323.9 m |
0.6 m |
MAX = |
430 |
CPS |
|
|
|
|
25.8 m |
|
|
|
|
Table 2: High-count intervals from ALN14-009 and ALN14-010
From (m) |
|
To (m) |
Thickness (m) |
|
|
|
ALN14-009 |
|
|
|
|
|
|
|
|
|
|
|
|
214.9 |
- |
217.5 m |
2.4 m |
MAX = |
505 CPS |
|
|
|
237.9 |
- |
238.7 m |
0.8 m |
MAX = |
475 CPS |
|
|
|
247.4 |
- |
248.0 m |
0.6 m |
MAX = |
745 CPS |
|
|
|
252.0 |
- |
252.7 m |
0.7 m |
MAX = |
390 CPS |
|
|
|
288.3 |
- |
289.1 m |
0.8 m |
MAX = |
395 CPS |
|
|
|
|
|
|
|
|
ALN14-010 |
|
|
|
|
|
226.7 |
- |
227.6 m |
0.9 m |
MAX = |
525 CPS |
|
|
|
228.9 |
- |
229.4 m |
0.5 m |
MAX = |
510 CPS |
|
|
|
232.3 |
- |
232.9 m |
0.6 m |
MAX = |
685 CPS |
|
|
|
281.4 |
- |
282.0 m |
0.6 m |
MAX = |
380 CPS |
|
Aldrin Resource Corp.Johnathan MoreCEO and Director(604)
687-7741(604) 681-0796
Aldrin Resources Corp. (TSXV:ALN)
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