Formerly WSR
Aggressive program in a highly prospective portion of the "Ring of Fire" mineralized zone.
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE .... TUESDAY FEBRUARY 14TH

UPDATE 1:30PM

Graphite is the Emerging Investment Story of 2012

Graphite Investment Conference Vancouver

Hotel Vancouver | BC BALLROOM | 2-4 PM | February 23, 2012 - Attendance is free

Find out more today!

Breaking News ....

Strike Graphite Corp. (TSXV:SRK) Acquires Wagon Graphite Project in Quebec in Vicinity of Timcal's Lac des Iles Graphite Mine *CLIENT Read More  |  Profile

Strike Graphite goes "Beyond the Press Release"

McLaren Resources (CNSX:MCL) Drills 7.0 Grams Gold Over 7.4 Metres at the TimGinn Property Located Adjacent to the Hollinger Mine *CLIENT* Read More | Watch Beyond the Press Release

 AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

INAUGURAL GRAPHITE SPONSORS

 

 

Message: 5 Weeks and Counting

Bob_goat
Rank: [?]
Vice President
Points: [?]
4735
Rating: [?]
Votes: 174 Score: 3.1
  • Currently 3.2/5 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.

Re: 5 Weeks and Counting- now assays released

in response to 5 Weeks and Counting by notster
posted on Jun 26, 09 12:40PM

TORONTO, ONTARIO--(Marketwire - June 26, 2009) - White Pine Resources (TSX VENTURE:WPR)("White Pine")(formerly WSR Resources), Noront Resources (TSX VENTURE:NOT)("Noront") and Golden Valley Mines (TSX VENTURE:GZZ)("Golden Valley") Joint Venture Project along the Ring of Fire in the James Bay Lowlands, is pleased to report that several promising new Zn-Cu-Ag Volcanogenic Massive Sulphide ("VMS") discoveries were intersected in the recent first phase drilling program on the joint venture project.

The Luc Bourdon and Bourdon West properties (a combined 8,944 hectares) were staked by Golden Valley in the 'Ring of Fire' in the spring of 2008. This ground was subsequently optioned to White Pine and Noront in August 2008, whereas White Pine and Noront could equally earn a combined undivided 70% of the property by incurring expenditures of $5 million within 3 years of the agreement date. White Pine is the operator of the joint venture.

In the fall of 2008, an airborne VTEM geophysics program was completed over the properties, which outlined several high priority drill targets all spatially associated with the 5.01 Zn-Cu-Ag discovery made last year by White Pine Resources and Metalex Ventures. Drilling recently commenced in late April on these geophysical anomalies with the objective to test 5 of the stronger VTEM targets. The program has now been completed having drilled 1,473m through 12 holes in 6 targets. All the targets produced semi-massive to massive sulphides over various widths and 5 out of the 6 targets drilled carried significant to elevated base metal values. Four of the six VTEM targets tested produced significant to elevated Zn-Cu-Ag values, and one anomaly had anomalous Ni-Cu-Pt-Pd-Au values. Details of the drill program are tabled below:

TABLE 1. Drill hole locations in the order they were drilled.

Anomaly Hole # UTM n UTM e Azi Dip Length
-------------------------------------------------------------------
-------------------------------------------------------------------

G4 G4-09-01 5896483 519991 120 -50 130

Bourdon West BW-09-01 5900243 504845 0 -50 105

G1 G1-09-01 5903947 515396 315 -50 90
G1 G1-09-02 5903947 515396 315 -80 113
G1 G1-09-03 5903944 515452 335 -50 109
G1 G1-09-04 5903902 515361 335 -50 96
G1 G1-09-05 5903902 515361 335 -75 140
G3 G3-09-01 5904665 520344 0 -50 91
G3 G3-09-02 5904665 520344 0 -75 103

G7 G7-09-01 5901645 529784 0 -90 97

G6 G6-09-01 5902070 522500 270 -50 139
G6 G6-09-02 5902070 522605 270 -50 264



TABLE 2. Drilling results.

Anomaly Hole No. From To Interval Zn% Cu% Ag
(m) g/t
-------------------------------------------------------------------------
-------------------------------------------------------------------------
G4 G4-09-01 92.35 94.45 2.10 0.45 0.59 4.9
G1 G1-09-01 36.90 45.60 8.70 3.73 0.90 25.7
including 36.90 42.60 5.70 5.60 0.90 34.9
G1 G1-09-02 80.30 97.40 17.10 1.70 0.36 5.4
including 80.30 85.80 5.50 5.10 0.39 5.7
G1 G1-09-03 79.30 79.75 0.45 0.85 0.15 5.3
G1 G1-09-04 70.20 71.90 1.70 1.67 0.34 11.2
G1 G1-09-05 122.00 128.60 6.60 0.78 1.29 16.8
G3 G3-09-01 56.10 68.35 12.25 0.34 0.10 5.3
G3 G3-09-02 86.45 93.60 7.15 0.83 0.13 6.1
including 86.45 89.30 2.85 1.20 0.15 6.8
G7 G7-09-01 NSA
G6 G6-09-01 69.10 77.80 8.70 1.40 0.10 8.7
Bourdon West From To Interval Ni% Cu% Pt Pd
(m) ppb ppb
-------------------------------------------------------------------------
-------------------------------------------------------------------------
BW-09-01 36.3 37.2 0.9 0.23 0.10 7 40

Intervals may not represent true width.

The exploration program was managed by White Pine for the Joint Venture partners under supervision of Mike Kilbourne, P.Geo, President, White Pine Resources Inc. Mr. Kilbourne prepared this release and states, "White Pine is very excited about this potential new VMS belt. This program was designed and budgeted to test some of the more prominent VTEM anomalies spatially associated with the 501 discovery. Five of the six anomalies we drilled produced some very encouraging results coupled with mineralogical and geological indications typical of VMS deposits. These anomalies are spread out over many kilometres suggesting a very active VMS environment in an unexplored greenstone belt. The G3 anomaly alone is outlined by VTEM for 1200m in strike length. The G6 anomaly, a very weak VTEM response, was not considered a primary target at all and was only drilled due to the proximal location (500m northeast) of the 501 discovery. There are numerous VTEM anomalies with the same geophysical signature as G6 in this belt that will need testing. This area of the Ring of Fire has the potential to develop into a major VMS camp."

G6           G6-09-02   189.00   199.40     10.40     1.00   0.05    5.5

New Message

Please login to post a reply

AGORACOM Quick Tips

AGORACOM Twitter. Follow our small but powerful market tips .. Follow and Prosper
Watch
Today's Show
in 00:00:000

President's D.D.

- $350,000 Cash/Shares at Approval - $5,000,000 Work Commitment funded by WSR Gold and Noront - Golden Valley Mines carried to production (30%) VAL-D'OR, QUEBEC--(Marketwire - June 9, 200... read more

Hub Leaders