Oct 21 2010
Canadian International Minerals Inc. (TSXv: CIN) and Commerce Resources Corp. (TSXv: CCE) has announced that a minimum 1000 metre diamond drill program has commenced on their Carbo Rare Earth Project north of Prince George, BC.
The program is designed to drill at least 12 diamond drill holes from up to 6 drill sites. Targets were selected on data from a high resolution Aeroquest Radiometric-Mag survey (50 metre line spacing) and closely spaced auger soil geochemical sampling (25 metre grid). Drill site location criteria incorporated anomalous soil geochemical values up to 2061 ppm cerium together with elevated values of other light and heavy rare earth elements (REEs).
The airborne survey has confirmed the apparent continuity of lithology and depositional environment from the adjacent Spectrum Mining rare earth element discovery. The Carbo drill targets are within 900 meters of Spectrum's 2008/09 drilling.
Source: Lane 2008 B.C. Assessment Report 30873
Results reported in elemental REE's which understate REE oxide content by 15.8 to 17.3 %
Expansion of the minimum 1000 metre program will be dependent on weather conditions which are currently favorable, with temperatures well above freezing. Core logging and storage facilities have arranged in Prince George, B.C., to facilitate secure and timely data acquisition and sampling. Samples are being sent to ALS Chemex labs in North Vancouver, B.C.
The Carbo Property comprises 7 claims totaling an area of 2,778.63 hectares and is accessible by all weather gravel roads. It is located in the emerging Wicheeda REE carbonatite camp approximately 80 km northeast of Prince George, B.C., adjacent to the Rocky Mountain trench, a major continental geologic feature which is now recognized as the locus of numerous potentially economic concentrations of rare metals. Much of this terrain has seen very little exploration incorporating current models and modern technology.
CIN is earning a 75% interest in the property from Commerce Resources Corp. The Qualified Person who has reviewed the contents of this news release is Thomas Hasek, P. Eng.
Source: Canadian International Minerals Inc.