Drilling at Real de Catorce in Mexico Continues to Deliver High Grade Intercepts for Normabec as Hole VMP-18 Cuts 1,014 g/t Ag,
31 Março 2008 - 11:02AM
Marketwired
MONTREAL, QUEBEC (FRANKFURT: N6M) ("Normabec" or "the Company"),
through its wholly owned Mexican subsidiary Minera Real Bonanza
S.A. de C.V. ("MRB"), is pleased to announce additional high grade
silver and base metal results from its on going surface and
underground drilling programs on the Veta Madre structure at the
Real de Catorce Silver project in north-central Mexico.
High grade intersections continue to be generated from both
surface and underground drilling as highlighted by hole VMP-18,
which returned 1,014 g/t Ag, 2.31 % Pb and 1.82 % Zn over 4.50 m;
VMP-17, which returns 351 g/t over 5.40 m and hole VMS-12 which
intersected 550 g/t Ag over 5.05 m.
Underground Drilling:
The results below (in tabular form), relate to the ongoing
drilling program that is being carried out to delineate the depth
extension of the Purisima oreshoot. This portion of the Veta Madre
structure carries bonanza grade silver as well as important base
metal credits. The drilling zone is located below historical mine
workings, and confirms the extension of the silver mineralization
below the water table and at depth.
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DRILL FROM TO WIDTH Ag Cu Pb Zn COMMENTS
HOLE m m m ppm % % %
---------------------------------------------------------------------------
VMP 17 55.00 56.90 1.90 178 0.04 0.25 0.12 Refugio vein
201.4 206.8 5.40 351 0.03 0.34 0.3 Veta Madre
VMP-18 127.78 133.36 5.58 234 0.02 1.36 1.74 Refugio vein
Hanging wall
156.20 157.50 1.30 188 0.024 0.94 1.04 vein
242.65 247.15 4.50 1,014 0.17 2.31 1.82 Veta Madre
---------------------------------------------------------------------------
In addition to the Veta Madre intercepts, drilling along the
Purisima depth extension is yielding significant results from the
Refugio vein as well as other footwall and hanging wall veins to
the Veta Madre.
Lower baser metal results from hole VMP-17 are indicative of its
position right at water table. VMP-18 was oriented to intersect the
structure 50 metres below the water table which correlates to the
higher base metal assays in this hole. It should also be noted that
these holes are the westernmost intercepts released to date on the
Purisima oreshoot. The oreshoot remains wide open to the west and
at depth.
Surface Drilling:
Systematic surface drilling of the Veta Madre structure
continues to yield the expected silver grade mineralization.
In-fill drilling is being performed at 40-50m spacing, from surface
down to the 150 metre level approximately. The following table
shows the latest results obtained from surface drilling along a
productive portion of the Veta Madre structure.
----------------------------------------------------------------------
DRILL FROM TO WIDTH Ag Cu Pb Zn COMMENTS
HOLE m m m ppm % % %
----------------------------------------------------------------------
VMS-12 50.50 55.55 5.05 550 0.03 0.19 0.14 Veta Madre
VMS-23 116.75 124.55 7.80 242 0.03 0.10 0.06 Veta Madre
VMS-25 162.75 166.60 3.85 139 0.04 0.13 0.12 Veta Madre
----------------------------------------------------------------------
Hole VMS-23 is the westernmost hole drilled from surface on Veta
Madre to date. Once again, mineralization is wide open to the west
and at depth. On the other hand, VMS-12 is the easternmost
intercept from surface released to date. The mineralized structure
remains wide open to the east as well.
Mr. Robert Ayotte, President of Normabec commented that, "we are
very pleased with the results achieved during this phase of
drilling at Real de Catorce. These results only add to our
confidence that the systematic exploration program we are
undertaking will return Real de Catorce to the prolific mining
district it once was."
Further, the company has retained Micon International Limited to
undertake a 43-101 compliant preliminary resource calculation, and
expects that this report will be available by mid-summer.
Samples were prepared and assayed at Chemex Lab of Guadalajara,
Mexico. Methods used are Au-ICP21 for gold and ME-ICP41 for multi
elements including silver. Detection limits for Ag are 0.2 - 100
ppm. Silver values higher than 100 ppm are submitted to method
AG-AA46 consisting of aqua regia digestion with ICP-AES or AA
finish (up to 1,500 ppm Ag). QAQC was performed using two silver
standards and one blank being introduced alternatively (every 25
samples). Duplicates are being performed by the laboratory.
This press release was reviewed and approved by Pierre O'Dowd,
geologist and qualified person as defined by NI 43-101 of the
Canadian Securities Administrators.
Normabec is a junior mining exploration company with a portfolio
of advanced projects including: the Pitt Gold project in Quebec and
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 Ltd. Robert Ayotte President
450-441-9177 info@normabec.com www.normabec.com Normabec Mining
Resources Ltd. Louis Morin Director of Investor Relations
514-591-3988 louis.morin@normabec.com
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