Newmac Resources Inc. (TSX-V: NER; Frankfurt: N3M) is pleased to report results for diamond drill hole 06-10 on the Crazy Fox Molybdenum project, located 20 kilometers north-northwest of the village of Little Fort, B.C.
Selected Intervals of tungsten from diamond drill holes 06-10 are presented below:
Hole |
From (m) |
To (m) |
Width (m) |
Width (ft) |
W (%) |
WO3 (%) |
06-10 |
1.5 |
160.5 |
159.0 |
521.5 |
0.038 |
0.048 |
Including |
7.5 |
154.5 |
147.5 |
483.8 |
0.040 |
0.050 |
|
13.5 |
133.5 |
120.0 |
393.6 |
0.043 |
0.054 |
Hole 06-10 is located on the eastern flank of the Crazy Fox mineralized intrusive complex. Tungsten is typically zoned around or flanking the upper portions of "Climax Mo/W deposits", which is consistent with the location of this diamond drill hole on the Crazy Fox property.
Molybdenum is widespread on the property and its grade is controlled to a large extent by the degree of fracturing present. Exploration to date has focused in locating those zones, which are likely to produce optimum mineralization with optimum fracturing. The project continues to encounter widespread and variable mineralization in both molybdenum and tungsten. Results will be published as they are received.
Assays were performed by Acme Analytical Laboratories Ltd. of Vancouver, B.C. Molybdenum and Tungsten assays were determined by aqua-regia acid digestion and ICP analysis.
Technical content of this news has been reviewed by W.A. Howell, PGeo, a qualified person within the definitions of National Instrument 43-101.
Respectfully submitted
ON BEHALF OF THE BOARD
“David Hjerpe”
David Hjerpe
President
This news release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause Newmac Resources Inc.’s results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof.
THE TSX VENTURE EXCHANGE DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
For Further Information Contact David Hjerpe, President at: (604) 461-7211 |