Albert Mining Completed 42 Kimberlite Targets Evaluation Close to Renard Diamond Mine in Central Quebec
Ottawa, August 23, 2017 - Albert Mining Inc. (the "Company" or "Albert") (TSX-V: AIIM) is pleased to announce the completion of a prospecting and till sampling program at its 100% owned James Bay Kimberlite project (JBK project), Laparre Diamond and Nelly Neilson Gold projects in the James Bay area, Quebec. James Bay Kimberlite project (JBK)
Albert Mining has completed a preliminary evaluation of its geophysical targets located in the vicinity of the Renard Diamond Mine in central Quebec. A total of 42 high-priority targets exhibiting signatures of kimberlite bodies as revealed by CARDS' (Computer Aided Resources Detection System) treatment of available data were tested through field examination of the immediate area, followed by glacial sediment sampling as required. The work was done by two senior geologists and supported by helicopter. Only three of the targets were discarded because of the presence of abundant outcrops of country rocks at the site; the remaining fall in areas of obvious glacial cover or lakes. Accordingly, a total of 45 samples of till were collected some 200 m to 600 m down-ice from the targets in order to ascertain whether they correspond to punctual sources of kimberlitic indicator minerals (KIMs). The samples were securely shipped by Albert's staff to Overburden Drilling Management (ODM) in Ottawa for treatment and identification of KIMs. Results are expected at the end of September 2017 and will be used to help identify potential targets for follow up exploration.
Laparre Diamond
The most significant occurrence of KIMs indicated from Albert's (formerly known as Majescor) archives for the Laparre Project Area was resampled during this campaign. The original sample hole was easily located from GPS coordinates and it was properly resampled. Concurrently, four new samples of glacial sediment were collected on a 100m-spacing line extending to the east and west sides. These five additional samples are part of the sample shipment to ODM. These results should confirm both the count and chemistry of the KIMs present at Laparre.
Nelly Neilson Gold
A number of gold-bearing till sample (20-50 visible gold grains) were followed-up through closely spaced sampling (every 100 - 150 m) along two transects drawn perpendicularly to ice flow. A higher content of Archean rock fragments observed within the till on the northernmost transect suggests proximity to the contact between Archean rocks and Proterozoic-age, quartz-rich sediments of the Otish Basin. Note that both are favorable for gold mineralization. Heavy mineral concentrates (50 g) extracted from these till samples will be submitted for analysis by INAA (Instrumental Neutron Activation Analysis) to appraise gold-in-till concentration at Nelly Neilson. All confirmation, consistent gold grades will be quickly followed-up through additional till sampling and basic prospection so as to better define the bedrock source of the gold.
About Albert Mining Inc.
Albert is a junior mining exploration company with an extensive portfolio of gold and diamond properties in Quebec. Albert also recently acquired assets from DIAGNOS Inc.'s mining division, including the Computer Aided Resources Detection System ("CARDS"). Albert can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. The Company's objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining.
For further information, please contact:
Michel Fontaine, President and CEO of Albert Mining Inc.
Telephone: 514-994-5843
Fax: 613-422-0773
Email: michel@albertmining.com
Website: www.albertmining.com
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