Amerigo Resources Ltd. press release
Fieldex drills 15.1 metres 1.00% nickel at Laforce
TSX - Toronto Stock Exchange · Copper · Molybdenum · Silver · Canada
ROUYN-NORANDA, QC, Oct. 25 /CNW Telbec/ - Fieldex Exploration Inc. (FLX :TSXV and F7E : Frankfurt) is pleased to announce the results of the continuation of their 40-hole diamond drilling program started September 21st on its copper nickel 100% owned Laforce property (subject to 2-per-cent royalties to FNX Mining) located in northwestern Quebec.
ASSAY RESULTS
Depth From To Int. Ag Cu Ni Hole (m) (m) (m) (m) (g/T) (%) (%)
LF-07-08 100 40.00 45.73 5.73 2.6 0.46 0.77 55.05 60.88 5.83 2.5 0.32 0.56 76.30 79.69 3.39 2.7 0.11 1.00
LF-07-09 110 no significant assays
LF-07-10 200 52.88 79.16 26.28 3.1 0.58 0.82 including 58.12 73.20 15.08 3.5 0.80 1.00 including 58.12 65.00 6.88 3.4 0.75 1.21
These holes were drilled vertically. Drill hole LF-07-08 and LF-07-09 were located approximately 20 metres NNE and 25 metres North of previously released drill hole LF-06-04. Drill hole LF-07-10 was located approximately 35 metres NNE of previously released drill hole LF-06-04. The diamond drilling location map is accessible on Fieldex Website at http://www.fieldexexploration.com/images/LaforceDDHLocMap.jpg
The mineralization occurs in a brecciate chloritized pyroxenite containing 10 to 15 % sulphide with section up to 30 %. The sulphide is chalcopyrite, pyrrothite, pyrite and pentlandite. These sulphides appear in stringers around pyroxenite fragments, as coarse blebs in the breccias matrix and locally associated with sheared zone. From the first observation it looks like the mineralization is from tectonic origin.
Assay results from holes LF-07-11 to LF-07-17 are pending and will be released as soon as the entire set of sample results from these holes are completed.
Quality control
Assay samples are taken from drill core sawed in half with one half sent to a commercial laboratory and other half retained for future reference.
Qualified person
The Temiscamingue projects are being supervised by Laurent Halle P.Geo, the qualified person for these projects.
About Fieldex:
Fieldex is a mineral resource company actively exploring in Quebec for nickel-copper-platinum group metal deposits located through out Northern Quebec, representing over 600 km2. FNX Mining Company owns 6 500 000 shares of Fieldex Exploration Inc.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
%SEDAR: 00008738E