• Freitag, 22 November 2024
  • 21:09 Uhr Frankfurt
  • 20:09 Uhr London
  • 15:09 Uhr New York
  • 15:09 Uhr Toronto
  • 12:09 Uhr Vancouver
  • 07:09 Uhr Sydney

Adroit Completes Winter Drilling and Plans Follow-Up Programme on Red Vein Volcanogenic Massive Sulphide (VMS) Property-Expropriation Claim Settlement Received

28.03.2011  |  Marketwire

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/28/11 -- Adroit Resources Inc. (TSX VENTURE: ADT)(FRANKFURT: A7V)(BERLIN: A7V) Management is pleased to announce that Adroit has concluded its winter 2011 diamond drill 4,061 meter programme of 12 holes on the Company's Grassy Lake portion of the Red Vein property. As announced in the Company's February 28, 2011 news release, Adroit hit 185 Meters of Massive Sulphide in hole GL 004 and then increased its drill programme.


The 12 drill holes completed are concentrated in two Zones; Zone A, four holes - 1,271 meters, and Zone C, three holes - 1,448 meters. Preliminary probes of Zones B and D were completed with two holes - 682 meters, three holes - 660 meters, respectively. Zones E and F remain untested. GL 004 in Zone C contained the 185 meters of massive sulphide.


Ten of the twelve diamond drill holes have been logged and 822 samples have been shipped to AGAT Laboratories Ltd., Mississauga, Ontario, for assaying. An additional 95 samples have been sent to ALS Canada Ltd., Vancouver, British Columbia, for whole rock assay. Adroit anticipates that, once the final two holes have been logged, that at least, a further 100 samples will be shipped for assaying.


Adroit expects to receive all assay results by mid to late April 2011. These results will be published once evaluated by the Company's technical team.


Next Drill Programme. Management is planning a 5,000 meter follow-up diamond drill programme in June 2011 to further extend the understanding of the geology by testing some more of the numerous targets on all Zones.


The Red Vein 5,936 Ha property is located within the southern part of the Abitibi greenstone belt in the Shining Tree area of northern Ontario and is highly prospective for Copper, Zinc and Gold. See the Company's news releases dated December 6 and 20, 2010 for further reference.


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 of massive sulphides 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 Ore bodies 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 north-west of the former Tyranite Gold Mine and 8 km 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).


Expropriation Claim Settlement Received. The Company's counsel has received the sum of C$110,000 from the Government of British Columbia in settlement of the Company's claim thereby ending the legal case. The Company's news release of February 15, 2011 refers.


Adroit Resources Inc. is a mineral exploration company that is currently exploring for Antimony and other metals in Central Italy and diamonds, precious and base metals in the Timmins/Shining Tree/Temagami/Cobalt and Bancroft areas of Ontario, Canada. In addition, Adroit is seeking new precious and base metal projects to add to its expanding portfolio. The Company's issued and outstanding share capital is 104,860,092.


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.

Graeme Rowland

Chairman and President

(604) 688-3304
info@adroitresources.ca
www.adroitresources.ca


Blackwell (Corporate Advisor)

(416) 364-3123
blackwell@tcn.net



Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
iMetal Resources Inc.
Bergbau
A403XE
CA45250A4063
Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.