SW Sierra Wireless Inc

Inter-Citic Minerals Inc. (TSX:ICI) ("Inter-Citic" or "the Company") President
and CEO James Moore is pleased to report the discovery of new extensive at
surface gold mineralization through trenching at its Dachang Gold Project in
China.


As part of the Company's $6.3 million exploration program in 2011, Inter-Citic
has conducted extensive trenching in new areas at Dachang. To date, Inter-Citic
has completed almost 15,000 m of trenching in new areas, with approximately
8,500 m of trenching in the southeast corner of the property on the South East
Anomaly ("SEA"). Trenches in the SEA and SW Zones are new discoveries in areas
with no previous drilling.


The South East Anomaly has now been sampled through surface trenching at
intervals of between 40 to 60 m. The SEA trenching results indicate at least
five separate parallel fault structures that have strike lengths of 800 to 1,500
m and remain open to further expansion. Work on the new anomaly in South West
Dachang is just beginning and so far has been sampled through almost 800 m of
surface trenching. Both the SEA and SW anomalies are now in the process of being
tested as part of the Company's 2011 drill program.


Trenching in the 861 Zone is an extension of known zones of mineralization. The
Acadia and 861 Zone structures remain open along strike. 


Below are some significant gold intervals reported from trenches. Field
observations correspond well to trench results, describing either good gossan,
fault zones or both, directly correlating with the intervals. Inter-Citic
believes they represent good potential drill targets for further exploration.




                              Trenching Results                             
                                                                            
Trench              From           To       Length        Assay         Gram
Number               (m)          (m)          (m)       gpt Au       Metres
                                                                            
Acadia Zone                                                                 
                                                                            
T-2015              2.00        19.00        17.00         1.10        18.70
                                                                            
Southeast Anomaly ("SEA")                                                   
                                                                            
T-26002            66.50        83.50        17.00         6.65       113.05
T-26204            16.00        21.00         5.00         2.84        14.20
T-26404            11.00        19.00         8.00         2.90        23.20
T-26603            55.80        63.80         8.00         2.94        23.52
T-26802            10.00        16.00         6.00         4.67        28.02
T-28402            25.00        34.00         9.00         3.49        31.41
T-28805            31.00        39.00         8.00         1.27        10.16
T-29003             8.00        14.00         6.00         1.91        11.46
T-29207            55.00        57.00         2.00         5.85        11.70
T-29602             7.00        15.00         8.00         1.94        15.52
T-30001            88.30        99.30        11.00         3.42        37.62
T-30402            11.30        16.30         5.00         2.33        11.65
T-31002            63.00        68.40         5.40         6.44        34.78
                   71.00        76.00         5.00         3.71        18.55
                   81.10        86.10         5.00         3.13        15.65
T-31203            17.30        25.00         7.70         9.00        69.30
T-31401            35.10        40.10         5.00         2.60        13.00
T-31402            35.50        40.50         5.00         6.44        32.20
T-31603             7.50        17.50        10.00         5.55        55.50
T-32401             3.60         9.80         6.20         1.99        12.34
T-32601            40.50        46.30         5.80         4.00        23.20
T-34001            59.70        63.00         3.30         3.25        10.73
T-34601            36.00        40.00         4.00         5.23        20.92
                   90.00       103.20        13.20         3.52        46.46
T-35601            56.00        66.60        10.60         2.80        29.68
T-37801            67.00        71.00         4.00         5.84        23.36
                                                                            
Southwest Anomaly ("SW")                                                    
                                                                            
T-2110              7.20        10.20         3.00        10.26        30.78
T-2507            100.00       102.00         2.00         5.75        11.50
T-2903             11.00        13.00         2.00         9.58        19.16
                   87.70        99.70        12.00         0.86        10.32
                                                                            
861 Zone                                                                    
                                                                            
T-6404             36.00        41.00         5.00         2.52        12.60
T-6804             11.50        16.50         5.00         3.45        17.25
T-7004             19.00        26.00         7.00         2.45        17.15
T-7402             21.50        40.50        19.00         1.53        29.07
T-7606             66.00        78.00        12.00         1.23        14.76
T-7803             22.00        32.00        10.00         1.34        13.40
T-8004             19.00        27.00         8.00         3.08        24.64



Assay cut-off for the above trench results was at 0.5 gpt Au, however, intervals
were determined by geological interpretation of consistent mineralized zones.
Trench results in this release were further restricted to those that returned
values in excess of 10.0 gram metres (metres multiplied by grams per tonne).
None of the above results required topcutting as no individual assay value
exceeded 40 gpt Au. Broader intervals may include waste intervals of up to 2m.
True widths for the intervals above have yet to be determined. A map showing
zone locations is available on the Company's website at:
http://www.inter-citic.com/maps.php.


Trenching continues to be one of the most successful and cost-effective methods
of gold exploration at Dachang due to the thin soil cover and near-surface
mineralization observed throughout the property. A consistent spatial
relationship has been observed between the gold in soil anomalies, trench values
and underlying strongly altered and mineralized fault zones, and was what
originally led to the discovery and expansion of the DMZ resource area.


Drilling Update: 

The 2011 drill program is well underway at Dachang, with seven drills currently
operating. Samples have been submitted for assay. Results from drilling will be
released as they become available.


Sample Methodology: 

Trench chip-channel samples were taken at geologically established intervals
consistent with the width of each mineralized area exposed in the trench. The
sample interval was typically one meter. The individual samples collected over
the designated intervals are representative of the material for the respective
intervals. The sample interval and collection methodology are consistent with
industry standards.


Each of the trenches listed above was excavated on lines spaced variably at a
minimum of 40m to a maximum of 120m intervals. All trenches sampled in 2011 were
excavated by backhoe and most uncovered broken bedrock at depths of 1.5 to 2.5
metres, which was typically altered and highly deformed sediments. All trenches
are mapped in detail and channel samples are taken at one metre intervals across
all mineralized zones. The gold bearing zones intersected coincided with areas
of secondary sulphide enrichment in these Triassic sediments.


Samples were collected using 1.0 to 1.5 metre chip samples, each weighing
approximately 3 to 5 kg. Qualified Chinese geologists and technicians under the
direct field supervision of Mr. Garth Pierce, Inter-Citic's Vice President of
Exploration, carry out the trench sampling.


Each sample is secured and transported to the Qinghai Institute of Rock and
Mineral Testing and Application, located in Xining, Qinghai, PRC, or to the
Research Center of Xi'an Institute of Geology and Mineral Resources located in
Xi'an, Shaanxi Province, PRC, both independent arm's length Chinese government
laboratories. At each respective laboratory, each sample is dried, crushed and a
portion ground to minus 200 mesh. The gold content of each sample was determined
by analyzing a 20 gram sample of the minus 200 mesh material through an aqua
regia acid digestion and then analyzed for gold using atomic absorption.
Accuracy of the results is tested through the systematic inclusion of standards
and replicate samples.


Security of Samples: All of the samples collected at Dachang are stored in a
restricted secure storage area. Samples are shipped by truck to Golmud and
delivered to Inter-Citic's courier agent in Golmud for shipment to the various
laboratories for analysis. Inter-Citic's courier agents are present at all
transshipment points between Golmud and the laboratories. Exploration at Dachang
was conducted with the assistance of the numerous professionals from the Qinghai
Geological Survey Institute, working in co-operation with Inter-Citic's
technical team on site and supervised by Mr. Garth Pierce, Vice-President of
Exploration.


Mr. Gerald Bidwell, P.Geo., the Company's internal Qualified Person under the
requirements of National Instrument 43-101, has reviewed a copy of this press
release.


On Behalf of the Board: 

James J. Moore, President & CEO

ABOUT INTER-CITIC:

Toronto-based Inter-Citic Minerals Inc. is an exploration and development
company advancing its Dachang Gold Project in the People's Republic of China.
Inter-Citic is listed on the TSX under the symbol ICI. Inter-Citic's website is
www.inter-citic.com.


Investors are encouraged to review "Risk Factors" associated with the Dachang
project as outlined in the Company's 2010 Financial Statements and Annual
Information Form, along with updates, available on the SEDAR website at
www.sedar.com. The statements herein that are not historical facts are
forward-looking statements. These statements address future events and
conditions and so involve inherent risks and uncertainties, as disclosed under
the heading "Risk Factors" in the company's periodic filings with Canadian
securities regulators. Actual results could differ from those currently
projected. The Company does not assume the obligation to update any
forward-looking statement.

Sierra Wireless (TSX:SW)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024

Sierra Wireless (TSX:SW)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024