Lomiko Discovers Significant Gold, Silver and Zinc Soil Anomalies at Vines Lake Property; Drill Results Pending
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/05/11 -- LOMIKO METALS INC. (TSX VENTURE: LMR)(PINK SHEETS: LMRMF) (Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) ("Lomiko" or "the Company) is pleased to announce a new discovery of Zinc during the 2011 soil geochemistry survey. The anomalous zone covers a large 108 Hectare area in the southwestern corner of Lomiko's 2011 claim block in the Cassiar District or 'Cassiar Camp'. Rock samples and drill results are pending.
A geochemical soil survey and geological mapping survey was completed over the initial Lomiko Metals' claim block covering a total area of 1,209 Ha. The Vines Lake Property has since been increased to 5,403 Ha. The survey grid covered 75 line kilometers. Soil samples were taken at 50 meter intervals on north-south orientated lines spaced 200 meters apart. Claim boundaries were also sampled.
A total of 1,366 B-horizon soil samples and 74 rock samples were collected and sent in for multi-element ICP analysis to the Stewart Group - Eco Tech Laboratory in Kamloops BC which is now owned by the ALS Minerals based out of Vancouver, BC.
Soil analyses results have outlined numerous anomalous gold values up to 0.279 g/t mostly on the eastern side of the property adjacent to China Minerals Mining's Table Mountain Gold property. Silver anomalies, also seen on the eastern portion of the property and not always coincident with gold anomalies included results up to 19.50 g/t.
Numerous Barium and Bismuth anomalies are outlined, with results returning values up to 1413 ppm and 3.48 ppm respectively.
Zinc values in soil, on the western side of Vines Lake were by far the most anomalous on the property with values reported up to 2,429 ppm. One anomalous zone on the west side of the property measures 108 Ha with an average Zn value of 430 ppm.
The company focused efforts on a large data collection program that would identify new high-grade gold vein systems and other intrusion related mineralization in proximity to the Cassiar Batholith and its associated boundary contacts, over which Lomiko's Vines Lake property claims are located.
Cassiar Area Highlights:
Vines Lake Highlights:
Mr. Garth Kirkham, P.Geo is a Director of Lomiko Metals Inc. in addition to being the Qualified Person for the Vines Lake Project and has reviewed the technical data in this news release.
On behalf of Lomiko Metals Inc,
A. Paul Gill, President & CEO
We seek safe harbor.
Neither 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:
Bay Street Connect
647-607-6023
Lomiko Metals Inc.
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Datum: 05.10.2011 - 13:30 Uhr
Sprache: Deutsch
News-ID 72996
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VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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