Lake Victoria Gold Ltd. press release
Copper Reef Additional Information to February 17, 2011 News
TSXV - TSX Venture Exchange · Gold · Canada
Feb. 18, 2011 (TheNewswire.ca) --
Further to Copper Reef Mining Corporation's (CNQ:CZC) (CNQ:CZCC) news release of February 17, 2011, the Company has re-released paragraph one below, with the addition of the 7.5 meters length in HCR-10-7. This news release also includes the Quality Control Disclosure that was inadvertently missed.
The "Company") is pleased to announce it has resumed drilling on its 100% owned Hanson Lake Property. The property is the site of the former Hanson Lake Mine which produced 147,000 tonnes of 10% zinc, 5.8% lead, 0.5% copper and 137 g/t silver. The target currently being drilled is believed to be the folded equivalent of the mine horizon near the western boundary of the property. The company is following up on 10 holes drilled in 2010 along a 700 m VTEM airborne electromagnetic anomaly where copper-zinc-silver mineralization has been intersected in every hole with values up to 2.01% copper, 0.34% zinc and 19.2 g/t silver over 3.26 m reported from drill hole HCR-10-1 and 1.0% copper, 0.30% zinc and 10.0 g/t silver over7.5 m in drill hole HCR-10-7.
Drill holes HCR-10-2 to HCR-10-6 were not drilled on this horizon. The three remaining drill holes from last fall's program, that were postponed until after freeze up, are currently being drilled. These are at the southern end of the 700m long VTEM geophysical anomaly where down hole geophysical surveys indicate two conductive horizons (the extension of two copper-zinc mineralized conductive sheets intersected to date). One moderately deeper hole (HCR-10-12), drilled below HCR-10-1 and 7, intersected 10.6 m of 0.5% copper, 1.09% zinc and 8.3 g/t silver within a wider zone of copper-zinc stringer mineralization.
Please go to www.sedar.com to see February 17, 2011 news release.
Quality Control
The Company employs QA/QC protocol on all aspects of its analytical procedures. Core samples are sawn and one half of the HQ core is restored to the core boxes for future reference and one half sent for analysis. Samples of veining or mineralization are taken in approximately 50 cm intervals or less. Sample preparation and analytical work is conducted at TSL labs in Saskatoon, Saskatchewan where all samples. are analysed using a multi-acid digest/ ICP-AES and AAS techniques for trace elements. Copper and Zinc values above 5000 ppm are assayed by standard assay methods and quoted in per cent metal.
Commercially prepared standards representing 2 ranges of base metal grades are inserted at intervals of 1 in 10 samples. A blank rock sample of granite is inserted every 20 samples. Stephen Masson M.Sc., P.Geo President of Copper Reef is the qualified person for the Company. He has reviewed the drill core and confirms the assay results.
Copper Reef Mining Corporation
"signed"
Stephen L. Masson M.Sc. P.Geo.
President & CEO
No stock exchange or securities regulatory authority has reviewed or accepted responsibility for the adequacy or accuracy of this release. Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.
Copyright (c) 2011 Thenewswire.ca - All rights reserved.