Canadian company, Carmax Mining announced that it has obtained the assay results from 16 of the 25 holes, which were drilled on the Bornite Zone and East Zone target regions of its Eaglehead Cu-Mo project in 2011. The Eaglehead Property is situated in northwestern British Columbia.
The entire project included a drilling of 8,300 m in 25 holes and assay results from the first 8 holes were announced on 7 December, 2011. The ACME labs of Vancouver assayed all the split diamond drill core samples from the 2011 project.
The Eaglehead Property features a minimum of six regions of porphyry style Cu-Mo mineralization that expanded to over 8 km along strike. The exploration program conducted in summer 2011 concentrated on two of these target regions, which are the Bornite Zone and the East Zone. Low grade silver and gold values are linked with Cu-Mo mineralization. The company will plan future drilling projects to further define the Bornite Zone and the East Zone and will also drill test the other four target regions of the Eaglehead Property.
Toronto-based company, Roscoe Postle Associates (RPA) will evaluate the mineral resources of these two regions in view of the results obtained from the 2011 project. The report is expected to be completed by April 2012.
The East Zone consists of about 10 sub-vertical zones of Cu-Mo mineralization in hydrothermally changed granodioritic rocks, while the Bornite Zone consists of about eight areas of Cu-Mo mineralization with similar direction to the East Zone.
Till date, the results show extensions to formerly known mineralized zones with Mo, Cu, Au, and Ag values. The grades ranged from 0.16% Cu to 3.33% Cu and drill core intervals ranged from 3 to 161 m.
The mineralized zones in both regions range in horizontal width from 5 to 80 m, and expand over 400 m at depth in mineralized and hydrothermally changed zones are about 700 to 800 m long and 500 m wide.
Source: http://www.carmaxmining.com/