Laurion Mineral Exploration Inc. (TSX VENTURE:LME)(OTCQX:LMEFF) has announced the RC drill results for holes BMG-31 to BMG-44 from the Company's 56 hole drill program at its 100% owned Bell Mountain Project located in Churchill County, Nevada.
Summarizing the recent drill results from the Varga zone, Cynthia Le Sueur-Aquin, President of Laurion Mineral Exploration Inc. states, "This drill program has been most successful in substantially increasing the size of the Varga zone and confirming the grades of the historic drilling in the main Varga zone. The drilling has expanded the body of heap-leach grade mineralization to an additional 12 to 30 meters as well as extended the zone both to the East and West for 20 to 30 meters. The drilling was also successful in identifying and delineating the economically significant South Fault mineralization along the southern boundary of the main Varga Zone. Drilling of the western 200 meters of the Varga deposit clearly defined the extent and continuity of similar heap-leach grade mineralization from sampled cross-cuts in the Varga adit to outcropping mineralization 75 meters above at the surface, indicating that the mineralization persisted for at least 25 meters below the adit level."
A total of 11,220 feet (3,421 meters)of RC drilling was completed on the Varga Zone in holes BMG-1 to BMG-42 and BMG-44, and a total of 3,020 feet (921 meters) was completed on the Spurr Zone in holes BMG-43 and BMG-45 to BMG-56. Assays from drill holes BMG-45 through BMG-56 are pending and shall be released upon availability. Highlights from these 14 drill holes include 7.62 meters grading 3.37 g/t gold and 28.6 g/t silver.
The assay results of BMG-31, 33, and 35, which were drilled below the central portion of the main Varga deposit, confirm and extend mineralization to depths of 12 to 30 meters below the historic drilling. The grade and continuity of previously unknown mineralization along the south side of the Varga body, in the zone named the South Fault, was also confirmed by these holes.
Holes BMG-32, 34, 36-42 and 44 were drilled in the western half of the Varga deposit, above the Varga adit along 200 meters of strike length. This area had few historic drill holes and was not included in any prior resource calculations. These drill holes confirmed the continuity of mineralization along strike and from the surface vein outcrop down to the level of the Varga adit. The drill results indicate that the mineralized zone is in fact wider than the exposures in the Varga adit workings.
The technical information contained in this news release has been verified by Mr. Dana C. Durgin (MSc, P.Geo), Laurion's Exploration Manager, and Mr. Douglas R. Wood (MSc, P.Geo), are the Qualified Persons responsible for the scientific and technical work (as defined under National Instrument 43-101) discussed in this press release, and have reviewed this press release.
Source: Laurion Mineral Exploration Inc.