Bowmore Intersects 28.8 Metres of 0.68 g\t Gold at La Scie Property
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MONTREAL, QUEBEC--(Marketwired - Aug 7, 2014) - Bowmore Explorations Ltd. (the "Company" or "Bowmore") (TSX VENTURE:BOW) (FRANKFURT:0B5) is pleased to announce an update of its drill program and exploration activities on the La Scie Gold property located on the eastern extremity of the Baie Verte peninsula in Newfoundland.
The objective of the Phase One diamond drill program was to 1) test the three gold zones (Burton, Isaiah, and Jonah) (see news release dated November 26, 2013), 2) test the broad zone of high purity silica averaging 99.4% SiO2 following the summer-fall 2013 regional rock sampling program (see news release dated January 16, 2014).
The drill program was partially completed in mid-May, and consisted of 9 diamond drill holes totaling 606 meters. Two holes totaling 216 meters and collared 65 meters apart were completed on the Jonah" gold zone. Anomalous gold values were intersected in both holes that are associated with disseminated pyrite-gold in silicified felsic volcanics, that are cut by auriferous quartz veins. Results are summarized below:
DDH | From (m) | To (m) | Width (m)* | Au (ppb) |
LS09 | 11.7 | 40.5 | 28.8 | 680 |
LS11 | 27 | 42.5 | 15.5 | 560 |
* | Apparent width |
The gold intercepts that are part of the Jonah zone were identified late fall 2013 and identified an area averaging 80 meters in width and 350 meters in length with open extension to the southeast.
Due to early Spring break-up the Company could not complete the additional diamond drill holes that were planned for the Jonah zone nor was it able to drill test the Isaiah and Burton gold zones.
Silica:
Seven shallow diamond drill holes were completed on the high-purity silica zone for a total of approximately 390 meters. The rich silica zone seen from surface outcrops was encountered in all holes with apparent widths ranging from 2.5 meters to 9.4 meters. A second rich silica zone was encountered in holes LS02 and LS07 with apparent widths of 8.1 to 8.7 meters. These widths are considered too narrow to allow for potential quarrying of high grade silica.
Mr. Paul Dumas, President and CEO of Bowmore Exploration Ltd., stated: "We are very pleased by the results of the Jonah zone even though only 2 holes were completed. We are also looking forward to completing the diamond drilling on the Jonah, Isaiah and Burton zones in the next two months where significant gold values have previously been identified..
Bowmore follows strict QA-QC protocol measures in keeping with industry standards and regulatory reporting requirements. All drill cores was processed using descriptive logging and systematic sampling for analysis. NQ core samples were cut in half, with one half delivered to a commercial laboratory and the other half retained for future reference. Duplicates, blanks and standards were inserted into the sample sequence. Samples reported above were sent for analysis at Eastern Analytical Laboratory in Springdale, Newfoundland, (accreditation ISO 17025). Samples were crushed and pulverized to 150 mesh where 30g aliquots were analyzed by fire assay with atomic absorption finish. Reported drill core weighted averages were calculated using a minimum of 0.3 g/t Au over successive intervals with maximum contiguous internal dilution lengths of 3.6 meters.
Jean-Marie Pronovost, P. Geo., Chief Geologist for Bowmore, is the Qualified Person who has reviewed this news release and is responsible for the technical information reported herein.
About BOWMORE
BOWMORE is a Canadian exploration mining company focused on precious metal exploration in Canada and Mexico. For further information on BOWMORE, visit www.bowmorexploration.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-looking statements:
Except for statements of historical facts, all statements in this news release regarding, without limitation, the Financing and future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions actual results and future events could differ materially from those anticipated in such statements. Factors that may cause the actual results to differ materially from those in forward-looking statements include the ability of GRIT to complete its stock exchange listing, the ability of the Company to resell the GRIT Shares, precious metal prices, results of exploration and development activities, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals, continued availability of capital and financing and general economic, market or business conditions. The Company cautions the foregoing list of important factors is not exhaustive. Investors and others who base themselves on the Company's forward-looking statements should carefully consider the above factors as well as the uncertainties they represent and the risk they entail. Please see the public filings of the Company at www.sedar.com.
Contact
Paul A. Dumas
President & CEO
Bowmore Exploration Ltd.
(514) 861-4441
info@bowmorexploration.com