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Message: JV News - Triex Minerals begins drilling at Pasfield Lake

JV News - Triex Minerals begins drilling at Pasfield Lake

posted on Feb 07, 2009 05:46AM

Triex Minerals begins drilling at Pasfield Lake

2009-01-08 13:04 ET - News Release

Mr. Michael Gunning reports

TRIEX MINERALS CORPORATION: DRILLING STARTS AT PASFIELD LAKE, SASKATCHEWAN

http://www.triexminerals.com/s/Home.asp

Drilling is now under way at Triex Minerals Corp.'s Pasfield Lake property in the Athabasca basin, Saskatchewan.

Northwest Diamond Drilling of Manitoba has been contracted to complete the current program, which is expected to last six to eight weeks. Targets will be tested on both the southeast side of Pasfield Lake where the Cable Bay shear zone has never been drill tested before, and on the northwest side of the lake where the company completed two previous drill programs in 2007.

Drill targets are based on the integration of geological features (uplift block), regional shear zones, geochemical anomalies and geophysical features, including basement conductors, gravity lows and changes in near-surface resistivity.

This drill program follows up on three successful ground programs completed in 2008, all of which refined existing targets and delineated new ones. Approximately 70 line-kilometres of transient magnetotelluric surveys (AMT) were completed in April, both infilling and extending a previous survey.

In June, a 140-line-kilometre airborne 3-D full-tensor gravity gradient survey was completed to augment a prior survey and provide more detail for forward-modelled gravity profiles across the margins of the basement uplift block at Pasfield Lake.

A systematic soil and biogeochemical survey (greater than 1,000 samples on nine lines) was carried out in July on the east side of the lake, which defined a significant anomaly (multiple elements in multiple samples from multiple lines) between the shear zone and the margin of the uplift block.

The company's chief geologist, Dr. Charlie Harper, PGeo, is a qualified person as defined by National Instrument 43-101, and is responsible for quality control of exploration undertaken by the company in Saskatchewan. This release has been reviewed by Dr. Michael Gunning, PhD, PGeo, president of the company and a qualified person as defined by National Instrument 43-101.

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