Windstorm Completes Phase 1 Drill Program Caldera Gold Project, Mexico
(via Thenewswire.ca)
Windstorm Resources Inc. (TSX-V: WSR, FRA: 4WE, WKN: A1H700, "Windstorm" or the "Company") announces the completion of the Phase 1 drill program at its Caldera high sulphidation epithermal gold project near the town of Libres, Puebla, Mexico, 10 km from Almaden Minerals Ltd.'s (TSX-V: AMM, "Almaden") new Ixtaca Zone discovery on its Tuligtic property. The program included 2,896 metres of diamond drilling in eleven holes, testing the northern part of the Caldera alteration zone.
The drilling has encountered hydrothermally altered felsic and intermediate to mafic volcanics and associated pyroclastic volcanic rocks and subvolcanic intrusives. The succession is believed to be late Tertiary in age. The rocks, which consist predominantly of feldspar porphyry and related breccias, are variably altered with sections of intense argillic and advanced argillic alteration and silicification, including vuggy silica. Mineralization consists of disseminated and fracture controlled pyrite, locally in excess of 10%. Traces of sphalerite and jamesonite (antimony sulfosalt) were noted.
All core was split and assayed. Analytical results indicated that anomalous but sub-economic concentrations of gold were encountered in some of the drill holes with associated variably anomalous values of molybdenum, arsenic, antimony copper, lead and zinc.
Windstorm President Gerry Carlson stated, "This is a very large zone of alteration and from the small portion that we have explored, the alteration assemblages and geochemical responses are consistent with the Company's high sulphidation epithermal gold deposit model. We will be reviewing the geochemical and alteration patterns exhibited in our drilling, relative to surface geology and geophysical profiles, to evaluate our next exploration steps."
The Company presently has $2.7 million in the treasury and recently acquired La Escondida property in Mexico (see Windstorm's Press release dated June 6th, 2011). It is located along a 300 km structural corridor that includes known mineral deposits such as Pe?uito (~18 million oz. Au)1, Camino Rojo (~3.5 million oz. Au)2, Charcas (major Ag, Pb, Zn district) and Cerro San Pedro (~2.1 million oz. Au3 plus significant historical production). This new acquisition reinforces the Company's goal to focus on precious metals in Mexico.
Drill Hole Sampling and Assaying Procedure (QA/QC)
The Company undertakes drilling and sampling to strict guidelines. The core is collected from the drill rig at the end of each shift, processed to estimate recovery, rock quality designation (RQD), geotechnical logging, and then is digitally photographed. The core is sampled at 2 metre intervals. Quality Control protocols enforced by the Company require that the collection and insertion of Certified Reference Materials (CRM's) at the rate of one CRM "blank" or one field blank, and one of two CRM gold standards within each sample stream of 20 samples. The retained split of sawn drill core has been stored in a secure warehouse where it is retained for future reference.
Samples are shipped to the Acme Analytical Laboratories Ltd. ("Acme") sample preparation facility in Guadalajara, Mexico. Sample analysis is undertaken at Acme's main laboratory facility in Vancouver.
Carl Verley, B.Sc., P.Geo., a Qualified Person as defined by National Instrument 43-101, supervised the drilling program reported on herein and has reviewed and approved of the data presented in this News Release.
References:
1. http://www.goldcorp.com/_resources/2010_ar/docs/reserves_and_resources.pdf
2. http://www.goldcorp.com/_resources/2010_ar/docs/reserves_and_resources.pdf
3. http://www.newgold.com/Investors/ReservesandResources/default.aspx
About Windstorm Resources Inc.
Windstorm Resources is a new company focused on precious metals exploration in Mexico, led by an industry-renowned management team with technical expertise and market experience. Management continues to evaluate quality drill-ready prospects aiming to build an attractive portfolio of gold and silver projects offering multiple opportunities for discovery success. Windstorm is a member of the Grosso Group, a management company specializing in resource exploration for over 18 years.
ON BEHALF OF THE BOARD
"Gerald Carlson"
_______________________________
Dr. Gerald Carlson, President & CEO
For further information please contact:
Corporate Communications
Tel: 1-604-687-1828
Toll-Free: 1-800-901-0058
Email: info@windstormresources.com
Neither 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.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.
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