Adroit Resources Inc.: Red Vein Volcanogenic Massive Sulphide Property Drilling Planned, Mag Surveys and New Staking
Drilling Planned. Following encouraging results from a magnetic and VLF survey on zones A and F backing up previously carried out MMI surveys (see news release May 17, 2010) and in anticipation of good results from a Gradient Array IP survey, an initial 2,000m diamond drill programme is being planned for mid January 2011 on zones A and F of the Grassy Lake portion of the property.
Mag Survey Performed. A geophysical grid of 14.5 km was cut and a ground Magnetic and VLF Survey has been completed on Zones A and F of the Red Vein property by Larder Geophysics of Larder Lake, Ontario. The survey results closely mirror the MMI results performed earlier on the property, and as such, warrant a closer examination of the property utilizing Gradient Array IP to further delineate diamond drill targets on this part of the property. Larder Geophysics has been retained to perform this IP survey in December 2010.
Further Grid and Mag Survey. Based on the encouraging results of the first grid, the cutting of a second 20 km grid over zones B, C, and D, has commenced, and a geophysical crew from Larder Geophysics is ready to move onto the grid to perform preliminary magnetic and VLF surveys once the cutting of the grid has been completed.
New Staking. 118 claim units (1,888 ha) were staked adjacent to the existing property of 253 contiguous claim units (4,048 ha). Adroit Resources' 100% owned Red Vein VMS property now covers a total area of 5,936 ha and totals 371 contiguous claim units. The property was extended to cover further exploration targets identified in a Quickbird report commissioned by the Company.
The area has long been an area of intense interest, located in the heart of the exploration triangle of the three large Ontario mining camps of Timmins (80 km due North), Sudbury (150 km due South), and Kirkland Lake (75 km Northeast). There are 30 VMS deposits over 200,000 tonnes within 200km of the Red Vein property including Kidd Creek in Timmins of 147,880,000 tonnes grading at 2.31% copper, 6.18% zinc and 87 g/t silver and the Horne, H&G Orebodies in Noranda of 53,700,000 tonnes grading at 2.2% copper and 6.10 g/t gold. There are numerous historical copper showings on the property and gold showings abound in the surrounding area. The property is located approximately 10 km south-east of the former Tyranite Gold Mine and 8km south of the Sothman nickel deposit (see News Release of October 6, 2008).
Doctor Mehmet Taner, Eng., Ph.D. has verified and approved the geological information contained within this news release. Dr. Taner satisfies the requirements of a Qualified Person as defined in the National Instrument 43-101 (Standards of Disclosure for Mineral Projects).
Adroit Resources Inc. is a mineral exploration company that is currently exploring for Gold, Silver and Antimony in Central Italy and diamonds, precious and base metals in the Shining Tree/Temagami/Cobalt and Bancroft areas of Ontario, Canada and oil and gas in Texas, USA. In addition, Adroit is seeking new precious and base metal projects and oil and gas prospects to add to its expanding portfolio. The Company's issued and outstanding share capital is 94,486,716.
On behalf of the Board of Directors
Graeme Rowland
Chairman and President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contacts:
Adroit Resources Inc.
info@adroitresources.ca
(604) 688-3304
(604) 682-6038 (FAX)
www.adroitresources.ca
Blackwell (Corporate Advisor)
(416) 364-3123
blackwell@tcn.net