Crazy Horse Drills 326.4m @ 0.41% Cu, 0.25 g Au/T, 1.61 g Ag/T at Taysan Project
16.12.2011 | Marketwire
Highlights:- CZT 047 - 326.4m @ 0.41% Cu, 0.25 g Au/T, 1.61 g Ag/T
-- including 98.4m @ 0.83% Cu, 0.63 g Au/T, 3.38 g Ag/T
-CZT 073 - 428m @ 0.38% Cu, 0.47 g Au/T, 1.34 g Ag/T
-- including 92m @ 0.74% Cu, 1.42 g Au/T, 3.30 g Ag/T
-- including 28m @ 1.44% Cu, 4.15 g Au/T, 8.00 g Ag/T
- CZT 077 - 309m @ 0.31% Cu, 0.10 g Au/T, 1.07 g Ag/T
- CZT 087 - 287.4m @ 0.33% Cu, 0.14 g Au/T, 1.24 g Ag/T
- CZT 093 - 113.5m @ 0.47% Cu, 0.26 g Au/T, 1.49 g Ag/T
- Project drilled off to standard required for Bankable Feasibility Study
- Pre-Feasibility Study to be completed by Q2 2012
MANILA, Dec. 16, 2011 - Crazy Horse Resources Inc. (TSX VENTURE:CZH) (OTCQX:CRZHF) (the "Company") a Philippines based mineral development company, announces assays from the last 49 drill holes (15,335 metres of drilling) that completes all of the resource drilling program on its Taysan copper-gold-silver porphyry project. To date, Crazy Horse has completed 36,494 metres of drilling at the Taysan Project.
The deposit is now drilled off completely to the standard required for a bankable feasibility study. The results of the drilling will form the basis of the pre-feasibility study due to be completed by Q2 2012.
The Company is fully funded to complete the pre-feasibility study on its newly designed 15 million tonnes per annum mining project which is estimated to produce over 40,000 tonnes of copper and 57,000 oz. of gold per annum, as well as silver and magnetite by products.
The Company will be filing in early January 2012 to convert its exploration permit to a mine permit as per the Philippine Mining Act of 1995.
Chairman Mitch Alland states: "There are many reasons to be excited about Crazy Horse. The latest drilling confirms the known resource, and enhances the resource categories, but more importantly, with the upcoming conversion of the current resource at Taysan to a minable reserve, and with a pending mine permit, we believe that the company is now poised to realize its value."
A summary of the results from drill holes CZT045 to CZT093 is as follows:
Drill
Hole No From
(m's) To
(m's) Interval
(m's) Cu Au Ag Mo Cutoff
(%) (g/t) (g/t) (g/t) Cu
(%)
CZT045 68 82 14 0.17 0.10 0.40 2 0.1
CZT045 96 120 24 0.12 0.04 0.50 238 0.1
CZT045 128 465.2 337.2 0.23 0.08 0.65 22 0.1
including CZT045 172 182 10 0.35 0.06 0.62 36 0.3
including CZT045 316 324 8 0.49 0.24 0.95 10 0.3
and incl CZT045 318 320 2 0.83 0.44 1.70 9 0.7
including CZT045 360 368 8 0.47 0.00 1.38 8 0.3
and incl CZT045 364 366 2 0.78 0.00 1.70 11 0.7
including CZT045 382 396 14 0.39 0.00 1.23 10 0.3
CZT046 52 78 26 0.12 0.04 0.39 5 0.1
CZT046 92 508 416 0.26 0.09 0.96 21 0.1
including CZT046 214 248 34 0.36 0.23 0.71 22 0.3
including CZT046 260 268 8 0.39 0.16 1.05 24 0.3
including CZT046 314 328 14 0.33 0.14 1.37 31 0.3
including CZT046 340 396 56 0.36 0.12 1.60 28 0.3
and incl CZT046 372 374 2 1.06 0.94 3.30 14 0.7
including CZT046 418 448 30 0.35 0.10 1.41 10 0.3
including CZT046 478 488 10 0.34 0.06 1.54 16 0.3
CZT046 528 574 46 0.31 0.09 0.63 7 0.1
and incl CZT046 530 532 2 1.68 0.03 2.20 0 0.7
CZT047 1.6 328 326.4 0.40 0.25 1.61 22 0.1
including CZT047 1.6 100 98.4 0.83 0.63 3.38 4 0.3
and incl CZT047 16 50 34 1.08 0.87 4.23 4 0.7
and incl CZT047 58 88 30 0.93 0.73 4.12 3 0.7
including CZT047 104 118 14 0.32 0.14 1.86 4 0.3
including CZT047 124 132 8 0.33 0.23 1.80 6 0.3
including CZT047 142 158 16 0.39 0.17 1.55 54 0.3
including CZT047 222 242 20 0.40 0.08 0.86 82 0.3
and incl CZT047 222 224 2 0.72 0.25 1.20 49 0.7
CZT047 336 442 106 0.15 0.07 0.53 22 0.1
CZT048 66 100 34 0.16 0.03 1.12 30 0.1
CZT048 128 158 30 0.18 0.03 1.21 17 0.1
including CZT048 142 148 6 0.33 0.07 2.00 41 0.3
CZT048 182 216 34 0.14 0.02 0.55 10 0.1
CZT048 248 285 37 0.19 0.05 0.85 8 0.1
CZT049 37.5 68 30.5 0.26 0.04 0.35 46 0.1
including CZT049 42 50 8 0.44 0.03 0.35 34 0.3
CZT049 152 604 452 0.22 0.11 0.60 24 0.1
including CZT049 298 320 22 0.40 0.23 1.35 19 0.3
including CZT049 360 370 10 0.37 0.15 0.84 5 0.3
including CZT049 394 434 40 0.39 0.20 0.83 17 0.3
CZT050 116 148 32 0.14 0.06 0.53 48 0.1
CZT050 176 224 48 0.17 0.05 0.13 86 0.1
CZT051 46 96 50 0.15 0.06 0.68 23 0.1
CZT051 162 168 6 0.11 0.05 0.23 45 0.1
CZT051 180 192 12 0.12 0.05 0.63 32 0.1
CZT052 46 146 100 0.13 0.04 0.86 26 0.1
CZT052 154 160 6 0.11 0.05 0.48 20 0.1
CZT052 162 168 6 0.13 0.04 0.67 4 0.1
CZT052 176 184 8 0.11 0.03 0.58 6 0.1
CZT052 210 222 12 0.14 0.03 1.18 9 0.1
CZT052 230 461 231 0.22 0.07 0.89 22 0.1
including CZT052 388 394 6 0.37 0.04 1.73 28 0.3
including CZT052 408 416 8 0.33 0.24 0.58 30 0.3
CZT053 90 108 18 0.19 0.06 0.78 81 0.1
CZT053 116 339 223 0.20 0.06 0.96 12 0.1
and incl CZT053 297.8 300.1 2.3 1.96 0.14 3.60 9 0.7
CZT054 72 106 34 0.11 0.04 0.80 9 0.1
CZT055 19.85 108 88.15 0.22 0.07 0.81 28 0.1
CZT055 126 132 6 0.14 0.04 0.50 29 0.1
CZT056 42.7 86 43.3 0.22 0.01 1.04 14 0.1
CZT056 140 154 14 0.28 0.02 1.56 23 0.1
including CZT056 144 152 8 0.35 0.02 1.93 29 0.3
CZT056 168 350 182 0.27 0.09 1.23 26 0.1
including CZT056 200 206 6 0.33 0.03 1.47 27 0.3
including CZT056 216 222 6 0.36 0.05 1.95 17 0.3
including CZT056 254 260 6 0.41 0.17 1.77 30 0.3
including CZT056 282 320 38 0.35 0.12 1.12 30 0.3
CZT057 0 237.6 237.6 0.41 0.17 1.43 12 0.1
including CZT057 9.1 20 10.9 0.36 0.10 0.55 1 0.3
including CZT057 32 192 160 0.49 0.21 1.73 15 0.3
and incl CZT057 56 58 2 0.71 0.12 1.60 8 0.7
and incl CZT057 66 76 10 1.13 0.35 3.26 1 0.7
and incl CZT057 140 142 2 0.94 0.51 4.70 30 0.7
and incl CZT057 148 150 2 0.72 0.36 2.40 129 0.7
and incl CZT057 152 154 2 0.70 0.41 1.50 14 0.7
CZT058 70 76 6 0.11 0.00 0.70 31 0.1
CZT058 110 144 34 0.13 0.05 0.49 13 0.1
CZT058 182 261 79 0.17 0.05 0.53 70 0.1
CZT059 110 130 20 0.14 0.03 0.71 16 0.1
CZT059 162 172 10 0.17 0.04 0.72 48 0.1
CZT059 252 348 96 0.23 0.08 0.46 39 0.1
including CZT059 266 276 10 0.49 0.11 0.54 92 0.3
and incl CZT059 270 272 2 0.72 0.14 0.80 336 0.7
including CZT059 334 342 8 0.36 0.21 0.88 38 0.3
CZT060 52.3 64 11.7 0.11 0.04 0.99 6 0.1
CZT060 72 310.1 238.1 0.21 0.12 0.99 48 0.1
including CZT060 156 162 6 0.46 0.21 1.90 44 0.3
including CZT060 176 182 6 0.33 0.17 0.87 465 0.3
and incl CZT060 194 196 2 0.70 0.23 2.00 96 0.7
including CZT060 224 230 6 0.32 0.24 1.00 50 0.3
including CZT060 262 270 8 0.61 0.56 1.65 32 0.3
and incl CZT060 266 270 4 0.79 0.75 1.75 45 0.7
CZT061 17 184 167 0.30 0.08 0.68 23 0.1
including CZT061 18 24 6 0.41 0.14 1.23 2 0.3
including CZT061 40 80 40 0.44 0.13 1.00 13 0.3
including CZT061 106 134 28 0.37 0.08 0.76 66 0.3
CZT062 66 142 76 0.16 0.06 0.46 36 0.1
CZT063 25 60 35 0.13 0.03 0.30 8 0.1
CZT063 74 112 38 0.17 0.06 0.23 39 0.1
CZT064 44 50 6 0.15 0.02 0.07 4 0.1
CZT064 186 214 28 0.16 0.04 0.39 86 0.1
CZT064 222 230 8 0.16 0.04 0.35 54 0.1
CZT064 262 314 52 0.13 0.03 0.27 28 0.1
CZT064 338 344 6 0.12 0.03 0.23 33 0.1
CZT064 352 372 20 0.16 0.05 0.30 42 0.1
CZT064 380 706 326 0.22 0.12 0.56 26 0.1
and incl CZT064 384 386 2 0.78 0.17 1.60 338 0.7
including CZT064 406 412 6 0.44 0.18 0.90 34 0.3
including CZT064 446 452 6 0.41 0.24 1.13 14 0.3
including CZT064 594 606 12 0.53 0.30 1.00 37 0.3
and incl CZT064 598 600 2 1.03 0.58 2.00 144 0.7
CZT065 43.8 56 12.2 0.14 0.09 0.71 17 0.1
CZT065 108 282 174 0.15 0.06 0.34 57 0.1
CZT065 290 418 128 0.16 0.06 0.46 31 0.1
CZT065 448 454 6 0.14 0.05 0.60 15 0.1
CZT065 462 526 64 0.12 0.04 0.63 12 0.1
CZT065 536 546 10 0.12 0.03 0.46 21 0.1
CZT065 590 596 6 0.11 0.04 0.30 14 0.1
CZT065 614 664 50 0.14 0.03 0.33 43 0.1
CZT066 22 36 14 0.17 0.07 0.47 13 0.1
CZT067 64.75 326 261.25 0.30 0.13 0.88 48 0.1
including CZT067 100 120 20 0.41 0.28 1.62 21 0.3
including CZT067 128 134 6 0.53 0.42 1.40 8 0.3
and incl CZT067 132 134 2 0.83 0.76 1.80 0 0.7
including CZT067 162 188 26 0.34 0.08 1.01 59 0.3
including CZT067 216 268 52 0.42 0.15 1.17 52 0.3
and incl CZT067 224 226 2 0.86 0.19 1.50 15 0.7
and incl CZT067 236 238 2 0.87 0.38 2.80 19 0.7
and incl CZT067 262 264 2 0.82 0.39 1.60 14 0.7
including CZT067 310 320 10 0.71 0.35 2.02 346 0.3
and incl CZT067 312 316 4 1.30 0.67 3.35 692 0.7
CZT068 7.5 279.1 271.6 0.25 0.16 1.12 23 0.1
including CZT068 10 22 12 0.39 0.31 1.32 2 0.3
including CZT068 56 70 14 0.49 0.48 2.83 0 0.3
and incl CZT068 66 68 2 0.99 0.70 6.40 0 0.7
including CZT068 104 132 28 0.42 0.25 1.69 8 0.3
CZT069 22 32 10 0.24 0.01 0.10 1 0.1
CZT069 72 80 8 0.18 0.01 0.38 21 0.1
CZT069 114 126 12 0.12 0.07 0.52 37 0.1
CZT070 182 254 72 0.15 0.04 0.48 23 0.1
CZT070 262 328 66 0.15 0.06 0.68 12 0.1
CZT071 16.2 36 19.8 0.36 0.02 0.29 4 0.1
including CZT071 26 34 8 0.59 0.02 0.40 2 0.3
and incl CZT071 30 32 2 0.86 0.04 0.40 7 0.7
CZT071 66 92 26 0.15 0.03 0.65 69 0.1
CZT071 112 218 106 0.22 0.09 0.61 34 0.1
including CZT071 204 210 6 0.43 0.17 0.87 33 0.3
CZT071 254 265 11 0.15 0.06 0.44 56 0.1
CZT072 4.15 32 27.85 0.21 0.07 0.63 0 0.1
CZT072 40 62 22 0.15 0.06 0.62 11 0.1
CZT072 72 94 22 0.16 0.04 0.53 21 0.1
CZT072 100 120 20 0.10 0.03 0.42 17 0.1
CZT073 40.1 118 77.9 0.17 0.09 0.85 7 0.1
CZT073 154 226 72 0.36 0.16 0.87 12 0.1
including CZT073 176 204 28 0.64 0.31 1.39 11 0.3
and incl CZT073 176 186 10 0.96 0.62 2.24 4 0.7
and incl CZT073 190 192 2 0.70 0.23 1.00 26 0.7
CZT073 264 692 428 0.38 0.42 1.34 26 0.1
and incl CZT073 298 300 2 0.72 0.12 0.80 66 0.7
including CZT073 308 400 92 0.74 1.42 3.30 10 0.3
and incl CZT073 354 382 28 1.44 4.15 8.00 0 0.7
and incl CZT073 394 396 2 1.17 0.40 2.30 0 0.7
including CZT073 446 558 112 0.35 0.22 1.45 1 0.3
including CZT073 566 606 40 0.37 0.17 0.52 27 0.3
including CZT073 626 632 6 0.33 0.09 0.40 235 0.3
and incl CZT073 658 660 2 0.87 0.25 0.90 461 0.7
CZT074 31.5 38 6.5 0.11 0.02 0.36 7 0.1
CZT074 48 62 14 0.18 0.01 0.43 16 0.1
CZT074 82 92 10 0.12 0.03 0.48 27 0.1
CZT074 100 218 118 0.24 0.10 0.57 38 0.1
including CZT074 108 118 10 0.39 0.13 0.74 128 0.3
including CZT074 124 130 6 0.33 0.10 0.43 61 0.3
CZT074 230 286 56 0.17 0.07 0.48 14 0.1
CZT075 70 96 26 0.18 0.09 0.28 33 0.1
CZT075 106 168 62 0.14 0.07 0.35 36 0.1
CZT075 182 192 10 0.13 0.05 0.62 50 0.1
CZT075 224 246 22 0.14 0.05 0.67 49 0.1
CZT076 186 200 14 0.20 0.06 0.57 38 0.1
CZT077 47 356 309 0.31 0.10 1.07 47 0.1
including CZT077 58 64 6 0.83 0.09 1.03 86 0.3
and incl CZT077 58 62 4 1.03 0.10 1.00 119 0.7
including CZT077 132 146 14 0.37 0.14 0.30 78 0.3
including CZT077 164 250 86 0.37 0.09 1.56 52 0.3
including CZT077 302 346 44 0.36 0.12 1.57 14 0.3
CZT077 372 566 194 0.27 0.11 0.83 21 0.1
including CZT077 392 416 24 0.50 0.27 2.50 2 0.3
and incl CZT077 396 400 4 0.81 1.08 3.80 4 0.7
and incl CZT077 406 408 2 1.36 0.61 8.60 0 0.7
including CZT077 424 436 12 0.37 0.09 0.95 10 0.3
including CZT077 448 460 12 0.35 0.17 1.13 7 0.3
including CZT077 462 472 10 0.32 0.13 0.87 11 0.3
including CZT077 504 510 6 0.34 0.14 0.57 166 0.3
CZT077 574 580 6 0.13 0.04 0.13 2 0.1
CZT078 40.4 82 41.6 0.28 0.06 0.66 11 0.1
including CZT078 40.4 48.9 8.5 0.69 0.06 0.50 12 0.3
and incl CZT078 40.4 44 3.6 0.92 0.05 0.50 8 0.7
CZT078 158 334 176 0.32 0.19 1.23 27 0.1
including CZT078 248 304 56 0.57 0.40 2.49 21 0.3
and incl CZT078 272 284 12 1.03 0.79 5.70 80 0.7
including CZT078 328 334 6 0.58 0.42 4.00 0 0.3
and incl CZT078 332 334 2 0.74 0.48 4.50 0 0.7
CZT078 380 646 266 0.25 0.11 0.47 28 0.1
including CZT078 434 448 14 0.37 0.13 0.71 16 0.3
including CZT078 568 596 28 0.33 0.14 0.62 56 0.3
CZT079 11.1 210 198.9 0.20 0.06 0.38 35 0.1
including CZT079 20 62 42 0.37 0.06 0.65 22 0.3
CZT079 246 278 32 0.20 0.05 0.79 77 0.1
CZT080 26 70 44 0.13 0.07 0.30 15 0.1
CZT080 78 84 6 0.13 0.03 0.20 17 0.1
CZT080 88 96 8 0.11 0.05 0.15 21 0.1
CZT080 122 130 8 0.15 0.04 0.35 21 0.1
CZT080 160 172 12 0.16 0.02 0.50 11 0.1
CZT080 180 240 60 0.16 0.05 0.33 44 0.1
CZT081 34.4 108 73.6 0.18 0.10 0.54 13 0.1
including CZT081 54 60 6 0.36 0.31 1.27 10 0.3
CZT081 124 144 20 0.11 0.03 0.27 16 0.1
CZT081 162 418 256 0.23 0.05 0.67 25 0.1
including CZT081 358 364 6 0.32 0.02 1.27 55 0.3
including CZT081 372 418 46 0.34 0.03 1.40 43 0.3
CZT081 428 440 12 0.22 0.04 1.30 29 0.1
CZT081 478 586 108 0.29 0.11 0.91 19 0.1
including CZT081 484 500 16 0.36 0.06 1.10 38 0.3
including CZT081 522 538 16 0.38 0.10 1.03 19 0.3
including CZT081 572 582 10 0.61 0.47 2.06 5 0.3
and incl CZT081 574 576 2 0.82 0.71 2.50 0 0.7
and incl CZT081 578 580 2 0.72 0.45 2.20 19 0.7
CZT082 42 66 24 0.18 0.02 0.43 63 0.1
CZT082 86 230 144 0.21 0.10 0.94 10 0.1
including CZT082 114 126 12 0.63 0.33 1.97 22 0.3
and incl CZT082 114 118 4 0.79 0.28 2.65 28 0.7
CZT082 252 285 33 0.15 0.06 0.53 39 0.1
CZT083 8.5 202 193.5 0.22 0.08 0.77 27 0.1
and incl CZT083 140 142 2 0.72 0.18 2.60 41 0.7
CZT083 218 239.2 21.2 0.22 0.05 0.97 55 0.1
CZT084 7.2 291 283.8 0.22 0.08 0.87 55 0.1
and incl CZT084 50 52 2 0.90 0.36 5.60 18 0.7
including CZT084 89.6 116 26.4 0.48 0.16 1.18 153 0.3
and incl CZT084 94 96 2 0.97 0.29 1.70 347 0.7
CZT085 51.1 236 184.9 0.18 0.13 0.57 5 0.1
including CZT085 118 124 6 0.48 0.34 1.30 4 0.3
CZT085 244 254 10 0.19 0.08 0.30 16 0.1
CZT085 266 296 30 0.28 0.08 0.49 44 0.1
including CZT085 268 282 14 0.41 0.11 0.66 74 0.3
CZT085 306 441.4 135.4 0.28 0.04 0.75 14 0.1
including CZT085 322 372 50 0.38 0.05 1.10 25 0.3
and incl CZT085 360 362 2 0.74 0.06 1.30 0 0.7
and incl CZT085 368 370 2 1.43 0.35 3.80 17 0.7
including CZT085 406 412 6 0.49 0.03 0.93 6 0.3
including CZT085 422 430 8 0.39 0.11 1.13 2 0.3
including CZT085 434 440 6 0.51 0.02 1.53 0 0.3
CZT086 20 466 446 0.24 0.09 0.67 38 0.1
including CZT086 216 226 10 0.40 0.24 1.63 45 0.3
including CZT086 258 272 14 0.36 0.09 1.34 196 0.3
including CZT086 284 300 16 0.39 0.08 0.95 33 0.3
including CZT086 326 386 60 0.35 0.17 0.64 31 0.3
including CZT086 412 424 12 0.36 0.11 0.59 30 0.3
including CZT086 440 448 8 0.35 0.11 0.58 15 0.3
CZT087 2.6 290 287.4 0.33 0.14 1.24 14 0.1
including CZT087 14 24 10 0.37 0.09 1.24 9 0.3
including CZT087 28 34 6 0.34 0.12 1.10 3 0.3
including CZT087 48 174 126 0.44 0.19 1.76 4 0.3
and incl CZT087 132 136 4 0.76 0.66 3.00 12 0.7
and incl CZT087 138 142 4 0.80 0.66 2.63 7 0.7
and incl CZT087 146 148 2 0.95 0.33 1.60 5 0.7
and incl CZT087 154 156 2 0.79 0.57 2.00 16 0.7
including CZT087 190 196 6 0.37 0.19 1.13 12 0.3
including CZT087 204 220 16 0.38 0.15 0.94 19 0.3
CZT088 13.1 94 80.9 0.20 0.11 0.57 37 0.1
including CZT088 44 54 10 0.36 0.32 0.74 26 0.3
CZT088 122 243.1 121.1 0.21 0.05 0.73 36 0.1
including CZT088 152 162 10 0.46 0.08 1.50 47 0.3
CZT089 4.6 104 99.4 0.38 0.20 1.46 7 0.1
including CZT089 4.6 12 7.4 0.80 0.22 1.39 0 0.3
and incl CZT089 4.6 8 3.4 1.12 0.24 1.14 0 0.7
including CZT089 26 72 46 0.48 0.32 1.77 3 0.3
and incl CZT089 46 48 2 0.75 0.49 2.60 0 0.7
CZT089 136 168 32 0.18 0.08 0.74 53 0.1
CZT089 194 206 12 0.16 0.03 0.30 37 0.1
CZT089 216 291.1 75.1 0.22 0.05 0.50 94 0.1
including CZT089 260 272 12 0.44 0.10 1.02 158 0.3
and incl CZT089 262 264 2 1.03 0.32 2.10 132 0.7
CZT090 56 63.1 7.1 0.11 0.06 0.22 12 0.1
CZT090 66.3 100 33.7 0.13 0.06 0.42 27 0.1
CZT091 38 168.1 130.1 0.22 0.06 0.44 58 0.1
including CZT091 54 68 14 0.37 0.06 0.50 123 0.3
including CZT091 138 148 10 0.37 0.18 0.82 33 0.3
CZT092 22.1 48 25.9 0.52 0.18 0.26 3 0.1
including CZT092 24 46 22 0.57 0.18 0.26 3 0.3
and incl CZT092 24 26 2 0.86 0.30 0.40 0 0.7
and incl CZT092 40 42 2 0.91 0.08 0.50 9 0.7
CZT092 80 98 18 0.14 0.04 0.37 11 0.1
CZT092 106 118 12 0.19 0.04 0.50 22 0.1
CZT092 150 209.1 59.1 0.22 0.05 0.66 59 0.1
including CZT092 196 208 12 0.40 0.11 1.18 22 0.3
CZT093 4.5 118 113.5 0.47 0.26 1.49 15 0.1
including CZT093 20 64 44 0.66 0.37 2.04 14 0.3
and incl CZT093 24 26 2 0.80 0.11 0.50 11 0.7
and incl CZT093 38 46 8 1.10 0.48 2.45 30 0.7
and incl CZT093 56 64 8 0.98 0.81 4.48 14 0.7
including CZT093 80 114 34 0.47 0.25 1.55 19 0.3
Note: To view "Location Map of Drill Collars for all Crazy Horse Drill Holes Reported to Date", please click the following link: http://media3.marketwire.com/docs/czh1216.pdf.
QAQC
Drilling was carried out by Quest Exploration Drilling (Philippines) Inc. using Edson 3000 and LF70 drill rigs and a triple tube diamond core drilling system. All holes were started in PQ (150-200m) then continued in HQ. All core was split using a diamond-bladed drill-core saw and always sampled from the (true) left side of the core. The remaining half of the core was sealed in plastic bags in a nitrogen atmosphere and stored in a covered, guarded core shed. Core samples were bagged in new polyethylene, UV stable plastic bags, sealed with a plastic tie, numbered outside and had a tag placed inside the bag. All samples were accompanied by Asian Arc personnel from site to the McPhar Laboratory under secure "Chain of Custody" procedures. Samples were crushed to 85% <2mm then 1kg was split out and pulverised in an LM2 Puck and Bowl Pulveriser to 90% <75um. Gold was assayed by Fire Assay (50g charge) with AAS finish (PM6). Cu, Ag, As, Pb, Zn, Mo, Al, Ca, Fe, K and S were assayed by 4 Acid Digest (HCl / HNO3 / HClO4 / HF) Ore grade analysis with ICP-AES finish (ICP-3). Sample rejects were returned from the McPhar Laboratory under secure "Chain of Custody" procedures by Asian Arc staff and also stored in the core shed in heat sealed plastic bags in a nitrogen atmosphere. McPhar Geoservices (Phil), Inc. is ISO 17025:2005 accredited and is a member of the International Intertek Laboratory Group.
Taysan Project
A copy of the National Instrument 43-101 ("NI 43-101") report dated October 10, 2011 entitled "Update of the Mineral Resource Estimate and Preliminary Economic Assessment for the Taysan Project" and authored by Mining Associates Pty. Ltd. and AMEC Minproc Limited of Australia can viewed under the Company's profile on SEDAR (www.sedar.com).
The Taysan Project contains a drill defined copper-gold porphyry deposit, and is comprised of two mining exploration permits and three mining exploration permit applications (permits: EP-IVA-005 and EP-IVA-016, and permit applications: EPA-IVA-108, EPA-IVA-111 and EPA-IVA-081) over five contiguous claim blocks covering a combined total area of 11,254 hectares. The Project hosts a large and fully explored copper-gold porphyry deposit similar to other copper-gold porphyry deposits previously mined in the Philippines. The Project is located in southern Luzon, Philippines in a pro responsible mining province and is readily accessible by road, and is located 20km east of the provincial capital and deep-water commercial port of Batangas City. The Company is currently conducting a pre-feasibility study under the management of AMEC Minproc Limited.
Brian Lueck, P.Geo., a Director and Chief Operating Officer of the Company, is the qualified person who has reviewed the geological data summarized in this news release on behalf of the Company.
ON BEHALF OF THE BOARD
Mitch Alland
President, CEO and Secretary
This press release includes "forward-looking statements" including forecasts, estimates, expectations and objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Crazy Horse Resources Inc. Statements regarding mineral exploration operations and objectives are subject to risk, including, but are not limited to, exploration and geologic risk, inflation and costs of goods and services, property title issues and regulatory approvals. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in the forward-looking statements. Such forward-looking information represents management's best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Crazy Horse Resources Inc. does not assume the obligation to update any forward-looking statement, except as required by applicable law.
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.
Contact Information
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