Welcome to the Trade Winds Ventures Hub on AGORACOM
"New Mines are found next to old ones"
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: Trade Winds Intersects 2.08 g/t gold over 30 metres on Block A

Fall_walk_oct05_012
Rank: [?]
President
Points: [?]
32336
Rating: [?]
Votes: 245 Score: 3.6
  • Currently 3.7/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Trade Winds Intersects 2.08 g/t gold over 30 metres on Block A

posted on May 10, 11 06:09AM

May 10, 2011 (Filing Services Canada) --

.
Trade Winds Intersects 2.08 g/t gold over 30 metres on Block A

* 1.31 g/t Au over 17.5 m and 2.54 g/t Au over 10.0 m in M Zone
* 2.08 g/t Au over 30.0 m and 1.43 g/t Au over 29.0 m in Foot Wall
* Assays of 30.2 g/t Au over 0.3 m in M Zone, 34.7g/t Au over 1.0 m in footwall and 14.1 g/t Au over 1.0 m in hanging wall
* Drilling portion of Winter 2011 program complete
* 69 diamond drill holes - 29,756.5 metres completed

Vancouver, British Columbia CANADA, May 10, 2011 /FSC/ - Trade Winds Ventures Inc. (TWD - TSX Venture, TVR - FWB), is pleased to announce additional drilling results on the Block A Joint Venture project (50% Trade Winds / 50% Detour Gold), located adjacent to Detour Gold's Detour Lake gold project in northeastern Ontario. The planned 30,000 metre (70 drill hole) program commenced January 5, 2011 and was completed on May 2 with a total of 69 drill holes totalling 29,756.5 metres. Trade Winds is the operator of the Joint Venture exploration program.

Shown below are the significant mineralized (uncut) sections intersected in diamond drill holes TWDDH276 to TWDDH282 holes, with all seven infill drill holes located within the pit shell on Block A.


-------------------------------------------------------------------------
Hanging Wall Zone

TWDDH-277 TWDDH-280 TWDDH-281
1.85 g/t Au over 4.2 m 1.36 g/t Au over 3.3 m 1.31 g/t Au over 3.5 m
-------------------------------------------------------------------------
M Zone

TWDDH-278 TWDDH-279
2.54 g/t Au over 10.0 m 4.42 g/t Au over 4.2 m

TWDDH-282 TWDDH-280
0.99 g/t Au over 9.8 m 1.31 g/t Au over 17.5 m
-------------------------------------------------------------------------
Foot Wall Zone

TWDDH-276 TWDDH-279 TWDDH-281
2.08 g/t Au over 30.0 m 1.43 g/t Au over 29.0 m 9.14 Au g/t over 3.0 m
0.88 g/t Au over 14.0 m 0.77 Au g/t over 8.0 m

TWDDH-280 2.33 g/t Au over 7.0 m
3.55 g/t Au over 3.6 m 3.57 g/t Au over 6.0 m
-------------------------------------------------------------------------


Additional results are listed at end of press release.


The winter 2011 drill program began on January 5, 2011 was completed on May 2, 2011 with 72 diamond drill holes completed (including 3 abandoned drill holes). One planned drill hole was not completed due to ground conditions. Plans are for drill logging to be completed by mid-May and the backlog of core sampling to be completed by mid-June.

Similar to the 2010 program, the 2011 program sought to address more than one objective: infill drilling, particularly large gap areas, and exploration drilling. One of the recommendations of the 2009 NI 43-101 report by Watts Griffis and McOuat (WGM) was the infill drilling of numerous drilling gaps, also termed data gaps, within the pit shell area to increase the confidence level of the mineral resources. On Block A, drill spacing of closer than 80 metres is required for the category of inferred resources and closer than 40 metres for indicated resources. The winter 2010 program targeted regions with spacing greater than 80 metres within the pit area. This has continued with this 2011 drilling program.


-----------------------------------------------------------------
Drill Hole Zone From To Length Au grade
Metres Metres Metres g/t
-----------------------------------------------------------------
TWDDH276 Hanging Wall 27.0 28.0 1.0 0.93
TWDDH276 Hanging Wall 35.0 36.0 1.0 1.91
TWDDH276 Hanging Wall 43.0 44.0 1.0 1.25
TWDDH276 Hanging Wall 55.0 56.0 1.0 1.73
TWDDH276 Hanging Wall 71.0 72.0 1.0 8.43
TWDDH276 Hanging Wall 120.0 122.0 2.0 1.08
TWDDH276 Hanging Wall 141.0 142.5 1.5 3.89
TWDDH276 M Zone 156.8 158.0 1.2 1.37
TWDDH276 Foot Wall 172.9 175.0 2.1 1.04
TWDDH276 Foot Wall 251.0 256.0 5.0 0.68
including 255.0 256.0 1.0 1.62
TWDDH276 Foot Wall 269.0 273.0 4.0 1.86
TWDDH276 Foot Wall 277.0 279.0 2.0 1.13
TWDDH276 Foot Wall 304.0 305.0 1.0 1.10
TWDDH276 Foot Wall 326.0 356.0 30.0 2.08
including 326.0 327.0 1.0 34.70
TWDDH276 Foot Wall 360.0 363.0 3.0 0.92
TWDDH276 Foot Wall 372.0 374.0 2.0 0.98
TWDDH276 Foot Wall 385.0 392.0 7.0 0.75
TWDDH276 Foot Wall 399.0 401.0 1.4 3.04
TWDDH276 Foot Wall 404.8 406.0 1.2 0.93
TWDDH276 Foot Wall 415.0 416.0 1.0 1.40

TWDDH277 Hanging Wall 53.0 56.0 3.0 3.48
including 55.3 56.0 0.7 13.30
TWDDH277 Hanging Wall 233.3 237.0 3.8 1.19
TWDDH277 Hanging Wall 253.8 258.0 4.2 1.85
TWDDH277 Hanging Wall 284.5 284.8 0.4 3.69
TWDDH277 Hanging Wall 374.0 375.0 1.0 14.10
TWDDH277 M Zone 380.0 382.0 2.0 0.90
TWDDH277 Foot Wall 420.0 421.0 1.0 1.11
TWDDH277 Foot Wall 430.0 434.0 4.0 1.20
TWDDH277 Foot Wall 445.0 449.0 4.0 1.45
TWDDH277 Foot Wall 456.0 458.0 2.0 1.55
-----------------------------------------------------------------
Drill Hole Zone From To Length Au grade
Metres Metres Metres g/t
-----------------------------------------------------------------
TWDDH278 Hanging Wall 24.0 25.0 1.0 3.20
TWDDH278 Hanging Wall 92.6 95.0 2.4 2.50
TWDDH278 Hanging Wall 111.0 112.0 1.0 1.15
TWDDH278 Hanging Wall 119.0 120.0 1.0 1.53
TWDDH278 Hanging Wall 129.0 130.0 1.0 1.28
TWDDH278 Hanging Wall 138.0 139.0 1.0 2.01
TWDDH278 Hanging Wall 151.0 152.9 1.9 1.15
TWDDH278 M Zone 158.0 168.0 10.0 2.54
including 160.4 161.5 1.0 11.40
TWDDH278 M Zone 173.0 174.0 1.0 3.60
TWDDH278 M Zone 185.0 186.0 1.0 1.28
TWDDH278 Foot Wall 207.0 212.0 5.0 0.93
TWDDH278 Foot Wall 244.0 248.7 4.7 1.26
TWDDH278 Foot Wall 257.0 259.0 2.0 0.88
TWDDH278 Foot Wall 275.0 277.0 2.0 4.47
TWDDH278 Foot Wall 301.0 302.0 1.0 1.16
TWDDH278 Foot Wall 307.0 308.0 1.0 1.03
TWDDH278 Foot Wall 313.0 315.0 2.0 1.24
TWDDH278 Foot Wall 354.5 358.0 3.5 0.90
TWDDH278 Foot Wall 409.0 410.0 1.0 1.66
TWDDH278 Foot Wall 415.0 416.0 1.0 2.28
TWDDH278 Foot Wall 449.0 450.0 1.0 8.80

TWDDH279 M Zone 28.0 32.2 4.2 4.42
including 30.0 31.0 1.0 16.00
TWDDH279 M Zone 43.0 45.0 2.0 0.74
TWDDH279 Foot Wall 74.0 77.0 3.0 1.49
TWDDH279 Foot Wall 109.0 110.0 1.0 1.01
TWDDH279 Foot Wall 133.0 147.0 14.0 0.88
including Foot Wall 140.0 147.0 7.0 1.30
TWDDH279 Foot Wall 159.0 164.4 5.4 2.53
including Foot Wall 160.0 161.0 1.0 11.00
TWDDH279 Foot Wall 184.5 185.0 0.6 1.30
TWDDH279 Foot Wall 187.0 188.0 1.0 1.22
TWDDH279 Foot Wall 194.0 195.0 1.0 1.25
TWDDH279 Foot Wall 198.0 199.0 1.0 1.00
TWDDH279 Foot Wall 228.0 235.0 7.0 2.33
including 233.0 234.0 1.0 11.10
TWDDH279 Foot Wall 256.0 264.0 8.0 0.85
TWDDH279 Foot Wall 269.0 298.0 29.0 1.43
including 293.4 294.4 1.0 16.00
TWDDH279 Foot Wall 316.0 320.0 4.0 0.92
TWDDH279 Foot Wall 343.2 344.0 0.8 2.99
TWDDH279 Foot Wall 361.0 367.0 6.0 3.57
including 363.0 364.0 1.0 14.10
-----------------------------------------------------------------
Drill Hole Zone From To Length Au grade
Metres Metres Metres g/t
-----------------------------------------------------------------
TWDDH279 Foot Wall 405.0 406.0 1.0 1.33
TWDDH279 Foot Wall 409.0 410.0 1.0 12.70
TWDDH279 Foot Wall 417.0 418.0 1.0 2.27
TWDDH279 Foot Wall 447.0 448.0 1.0 3.08

TWDDH280 Hanging Wall 28.7 32.0 3.3 1.3
TWDDH280 Hanging Wall 52.5 53.3 0.8 1.10
TWDDH280 Hanging Wall 123.0 124.5 1.5 1.18
TWDDH280 Hanging Wall 149.0 150.0 1.0 5.06
TWDDH280 Hanging Wall 165.0 168.0 3.0 0.85
TWDDH280 Hanging Wall 175.1 178.0 3.0 1.55
TWDDH280 Hanging Wall 187.8 189.1 1.3 7.09
TWDDH280 M Zone 286.2 303.7 17.5 1.31
including 295.3 295.6 0.3 30.20
TWDDH280 M Zone 309.4 309.9 0.5 1.24
TWDDH280 Foot Wall 324.0 331.0 7.0 0.88
TWDDH280 Foot Wall 335.0 338.1 3.1 1.64
TWDDH280 Foot Wall 367.0 370.6 3.6 3.55
TWDDH280 Foot Wall 384.0 385.0 1.0 2.79

TWDDH281 Hanging Wall 60.0 63.0 3.0 0.84
TWDDH281 Hanging Wall 67.5 71.0 3.5 1.31
TWDDH281 M Zone 87.0 89.0 2.0 1.34
TWDDH281 Foot Wall 98.0 106.0 8.0 0.77
TWDDH281 foot Wall 198.0 199.0 1.0 1.08
TWDDH281 Foot Wall 207.0 213.0 6.0 1.03
TWDDH281 Foot Wall 239.0 240.0 1.0 1.59
TWDDH281 Foot Wall 272.0 275.0 3.0 9.14
including 273.0 274.0 1.0 26.30
TWDDH281 Foot Wall 278.0 279.0 1.0 2.02

TWDDH282 Hanging Wall 47.0 49.0 2.0 1.34
TWDDH282 Hanging Wall 70.0 71.4 1.4 1.44
TWDDH282 Hanging Wall 140.0 144.0 4.0 0.74
TWDDH282 Hanging Wall 196.0 197.0 1.0 1.90
TWDDH282 M Zone 222.0 231.8 9.8 0.99
-----------------------------------------------------------------




Quality Assurance and Quality Control ("QA/QC") Program for Core Sampling

The Company has implemented a quality control program to ensure best practices in sampling, analysis and security of core samples. The drill core is first logged then sawn in half during the sampling process with half being retained for verification and reference purposes. During sample collection and assaying, there is an established QC procedure which includes the insertion into the sample stream of standard reference samples, sample duplicates and blank samples, including the insertion of blank samples after all samples with visible gold.

The samples are delivered direct to Activation Laboratories Ltd. (ActLabs) preparation facility in Timmins, Ontario by Trade Winds personnel. The samples are analyzed for gold using the ActLabs procedure 1A2-50, which is a 50 g fire assay with AA finish. Samples returning greater than 3 g/t Au are automatically processed
using a fire assay-gravimetric finish. Total metallic assays for gold were also performed on selected intervals. All samples assayed by ActLabs include a standard multi-element ICP package.

The coarse rejects are kept in Timmins for re-assaying purposes for a period of up to six months and then returned to the Trade Winds site for long term storage. Selected coarse rejects and pulps are check assayed by third party laboratories other than ActLabs.

The material in this news release has been prepared and reviewed by Stephen Wallace, P. Geo, VP Exploration, a Qualified Person as defined in NI 43-101.


ABOUT TRADE WINDS VENTURES INC.

Trade Winds Ventures Inc. has been named to the 2011 TSX Venture 50, a ranking of strong performing companies listed on TSX Venture Exchange. The 2011 TSX Venture 50 is comprised of ten companies from each of five sectors; Clean Technology, Mining, Oil & Gas, Diversified Industries, and Technology & Life Sciences. The 2011 TSX Venture 50 companies were chosen based on the following criteria, with equal weighting assigned to each: share price appreciation, trading volume, market capitalization growth and analyst coverage. TSX Venture 50 is a trade-mark of TSX Inc. and is used under license.


FOR FURTHER INFORMATION PLEASE CONTACT:

Ian D. Lambert, CEO/President (416) 840-9843
Terry McGee, Investor Relations Toll Free (866) 698-9187 ext 228 or (604) 648-6228

Email: info@tradewindsventures.com
Visit our Website at www.tradewindsventures.com


Forward Looking Information

Certain information included in this news release constitutes "forward-looking statements". The words "expect", "will", "intend", "estimate" and similar expressions identify forward-looking statements. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Trade Winds cautions the reader that such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Trade Winds to be materially different from Trade Winds' estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. These risks, uncertainties and other factors include, but are not limited to, risks associated with the mining industry such as government regulation, environmental and reclamation risks, title disputes or claims, success of mining activities, future commodity prices, costs of production, possible variation in mineral reserves, mineral resources, grade or recovery rates, failure of plant, equipment or processes to operate as anticipated, accidents, labour disputes, the timing of estimated future production, capital expenditures, financial market fluctuations, requirements for additional capital, conclusions of economic evaluations, limitations on insurance coverage, risks associated with using third-party contractors and inflation. Trade Winds disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law.


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.




Suite 1170, 36 Toronto St.
Toronto, ON M5C 2C5

www.tradewindsventures.com




To view this release as a web page, please click on the following link:

http://www.usetdas.com/pr/tradewinds05102011.htm



Source: Trade Winds Ventures Inc. (TWD - TSX-V, TWDIF - Pink Sheets, TVR - Frankfurt) http:www.tradewindsventures.com
Maximum News Dissemination by Filing Services Canada Inc. http://www.usetdas.com

Source: Filing Services Canada (May 10, 2011 - 5:33 AM EDT)

New Message

Please login to post a reply

AGORACOM Quick Tips

Breaking Small-Cap News Delivered to your Smart Phone! Grab our RSS Feed

President's D.D.

Ian Lambert talks about developing gold and copper assets. read more

Hub Leaders