Ditem Explorations: 6.2 Meter Highly Altered Hydrothermal Zone Intersected
MONTREAL, QUEBEC -- (Marketwire) -- 01/24/11 -- Ditem Explorations (TSX VENTURE: DIT) is pleased to announce that it has completed the second phase of the 2010 drill program on its Otish Uranium property. The drill program consisted of two holes, WB-17 and WB-18 in the northeast sector of the property.
Drilling targeted a northeast-southwest striking conductor identified in the Spring of 2010 on which WB-15 had been drilled at approximately 100 m northeast of a crosscutting fault. WB-15 intersected intense hydrothermal alterations and the gabbro dyke at a vertical depth of about 50 m. WB-17 and WB-18 were respectively drilled at 100 meters to the southwest and 150 meters to the northeast of WB-15 along the dyke. As expected, WB-17 appears to confirm the beginning of the dyke.
WB-18 intersected a 7.5 meter wide (6.2 m horizontal true width) intensively altered hydrothermal zone at about 70 m vertical depth. Low but anomalous uranium values were obtained with a RS-125 Spectrometer, on the intensively altered zone particularly at the gabro/sandstone contact. The altered gabbro dyke and alteration halo have strong hematisation and limonitisation which are characteristic of uranium mineralisation in the Otish Basin. Based on previous geophysical work last Spring, the dyke is at least 1.1 km long and should extend further northeast. 55 core samples have been sent for analysis.
'We now know that along this dyke, at 70 m depth, there is a highly altered zone both in the sandstone and the dyke, with a low uranium count and possibly extending between two holes over a distance of some 150 m' stated Raymond Savoie, Chairman and CEO. 'Encouraged by the obvious quality of this 6.2 m hydrothermal alteration at 70 m depth, as well as the results from the previous WB-15 and other geological work, we now plan to undertake a drill program in order to test for good uranium mineralisation which we expect may be present along this dyke at depth.'
Ditem Explorations is an exploration and development company with properties in the Athabasca Basin in Saskatchewan (Beartooth Island and Cree Lake) and the Otish Basin (Otish Uranium) in Quebec. The Company has also recently acquired a rare earth property with significant values on which it plans to begin exploration work shortly. Other rare earth properties are being investigated. Properties and general information may be viewed on the Company's website at www.ditem.com.
Mario Joly (M.Sc), geologist and President of Ditem Explorations is the Qualified Person (as that term is defined in National Instrument 43-101) who has reviewed this news release and is responsible for the technical information reported herein.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Ditem Explorations Inc.
David Vincent
Director, Investor Relations
514-875-9034
david.vincent@ditem.com
www.ditem.com