Amy Prospect Trench/Mineralizatio... Extends South/Open to the East, South & West
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Jan 22, 2009 09:30AM
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January 22, 2009 | ||
Fortress Amy Prospect Trench and Geophysical Results Indicate Mineralization Extends to the South and Remains Open to the East, South, and West | ||
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 22, 2009) - Fortress Minerals Corp. (TSX VENTURE:FST) ("Fortress") is pleased to announce the latest results from trenching and geophysical surveys at the Amy prospect, Russia. Results include channel samples from trench PDTR-A11 that returned 117.8 metres grading 0.88 grams per tonne (g/t) gold and the discovery of two soil-covered high chargeability zones measuring 1500 metres by 300 metres and 400 metres by 400 metres in size that occur east and southeast of the area investigated to date. Surface trenching to a total distance of 320 meters was completed at 80 meter offsets due south and uphill of the southernmost fence of drill holes (referred to as the "PDSC-233, 234, 236 Fence" or the "South Fence" - see Press Release dated December 8, 2008). Results of trench PDTR-A11 excavated 80 metres south of the South Fence indicate that mineralization of similar character extends on-surface to the south for more than 80 meters, and appears to continue a minimum of 240 additional meters beneath an overlying unmineralized andesitic flow unit. This interpretation is based on altered and gold-bearing faults that extend-through the barren overlying andesites in trenches south and uphill of Trench PDTR-A11. ---------------------------------------------------------------------------- Meters From To Width Gold grade Silver Prospect Trench Sampled (m) (m) (m) (g/t) (g/t) ---------------------------------------------------------------------------- Amy PDTR-A11 153.0 70.2 188.0 117.8 0.88 n/a ---------------------------------------------------------------------------- including 70.2 91.5 21.3 1.25 3.5 ---------------------------------------------------------------------------- including 134.8 185.0 50.2 1.31 n/a ---------------------------------------------------------------------------- Amy PDTR-A12 205.0 92.5 153.0 60.5 0.66 less than 1 ---------------------------------------------------------------------------- including 132.0 150.0 18.0 1.44 2.0 ---------------------------------------------------------------------------- Amy PDTR-A13 142.0 70.6 73.0 2.4 0.56 4.1 ---------------------------------------------------------------------------- Amy PDTR-A14 181.5 72.4 134.0 61.6 0.53 1.5 ---------------------------------------------------------------------------- ---------------------------------------------------------------- Meters From To Width Gold grade Silver Trench Sampled (m) (m) (m) (g/t) (g/t) ---------------------------------------------------------------- PDTR-A7-1 30.0 0.0 27.3 27.3 5.69 2.1 ---------------------------------------------------------------- PDTR-A8-1 212.0 -19.0 86.0 105.0 2.15 2.6 ---------------------------------------------------------------- Including -19.0 18.0 37.0 4.70 5.6 ---------------------------------------------------------------- PDTR-A18 32.0 no significant mineralization ---------------------------------------------------------------- PDTR-A19 23.2 7.0 23.2 16.2 3.11 9.2 ---------------------------------------------------------------- Note: PDTR-A8: 19m sampled in 2007 (-19 to 0) and 0 to 212m sampled in 2008. Amy is one of nine prospects at the Svetloye Project that occur along an eight kilometer long zone of epithermal gold mineralization, including the Elena Prospect which has received the majority of exploration work to date. Gold is associated with extensive zones of vuggy silica and alunite. This style of mineralization is common to Pierina, Veladero and other high sulphidation epithermal gold deposits. Fortress currently has a 100% interest in the Svetloye Project. James C. Ashleman, Chief Geologist and a Qualified Person as defined by National Instrument 43-101, has reviewed and verified the technical information contained in this news release. A rigorous quality control program has been instituted involving insertion of certified standards, duplicate sampling and check assaying. Samples are crushed and split on site with final sample preparation at the Irgiredmet Laboratory of Irkutsk, Russia (accredited by the State Committee of the Russian Federation for Standardization and Metrology "Gosstandart" of Russia). Assaying by fire assay is performed by the Irgiredmet Laboratory. A significant number of duplicate samples are also assayed by ALS Chemex in Vancouver, Canada. ON BEHALF OF THE BOARD Lukas H. Lundin, President and CEO To view Figure 1: Fortress Minerals Corp. Drill and Trench Results South Amy Target Svetloye Project, Russia, please view the following link: http://media3.marketwire.com/docs/fo... |