Adroit's Red Vein Property, Little Pigeon Lake NI 43-101 Report Received, Multiple Drill Targets Defined, Inferred Hollinger/...
19 1월 2012 - 12:40AM
Marketwired Canada
Adroit Resources Inc. (TSX VENTURE:ADT)(BERLIN:A7V)(FRANKFURT:A7V). Little
Pigeon Lake NI 43-101 report received - Multiple drill targets defined -
Inferred Hollinger/McIntyre/Coniarum complex identified and Dr. Mark Fedikow
appointed QP.
Management is pleased to announce that the Company has received the Little
Pigeon Lake NI 43-101 technical report authored by Dr. Fedikow of Mount Morgan
Resources Ltd. The report compiled all geoscientific data available on the
Little Pigeon Lake project and has made recommendations for future exploration
on the project.
The project is part of the Company's Red Vein Property and situated in the heart
of a highly productive mining triangle between the established centers of
Timmins, Sudbury and Kirkland Lake, where more than 170 million ounces of gold
and 200 million tons of base metals have been mined. Subsequent to data
compilation and integration significant exploration targets have been identified
on the project.
The significance of a 2.3 km-long, 0.8-5.0 m wide, high-grade copper-gold quartz
vein on the property has been emphasized based on a review of the geologic,
structural, alteration and metal contents of the copper-gold deposits of the
Hollinger-McIntyre-Coniarum Complex in Timmins. The Little Pigeon Lake
high-grade quartz vein, with up to 10.4% copper and 0.13 g/t gold, is hosted
within high-Mg volcanic rocks and rooted within an I.P. geophysically-inferred
intrusion. The intrusion is interpreted as the heat engine and possible
metal-source for the copper and gold in the vein. Alteration adjacent to this
vein has been described as silica-sericite but is suspected to be a fine-grained
intergrowth of albite and quartz, an alteration style that is characteristic of
the copper and gold ore bodies within the Complex that have been mined for
copper and gold since 1912. The similarities that exist between the Complex and
the Little Pigeon Lake quartz vein are compelling and as such the Little Pigeon
Lake quartz vein is a priority drill target. Geophysical and geochemical surveys
will accompany detailed geologic mapping along the remainder of the copper-gold
quartz vein where IP surveys have not been completed.
Elsewhere on the Little Pigeon Lake project, base metal massive sulphide
copper-zinc targets have been identified as a result of basic mapping and
prospecting. These base metal targets will be assessed following a program of
airborne magnetic and electromagnetic geophysical surveys and screening with
Mobile Metal Ions surveys.
The Little Pigeon Lake project is located in the south-eastern part of the
Company's Red Vein property which consists of 192 claim units, 3,072 Ha, in
Natal Township.
Mark Fedikow, Ph.D. P.Eng. P.Geo. C.P.G. has verified and approved the
geoscientific information contained in this news release. Dr. Fedikow is a
Qualified Person as defined in National Instrument 43-101 (Standards of
Disclosure for Mineral Projects).
Appointments. Management is pleased to announce the appointment of Dr Mark
Fedikow as the Company's Qualified Person (QP) as defined in National Instrument
43-101 for all the Company's properties in Ontario, Canada. Dr Mehmet Taner,
formally holding this appointment, retains the appointment of the Company's QP
for the Company's Italian properties.
President's comments: "I am delighted to welcome Mark Fedikow to the team and
thank him for the excellent NI 43-101 report. I am looking forward to his advice
and guidance on the exploration of all our Ontario properties. Our
reconnaissance diamond drilling on the western end of the Copper/Gold
mineralized vein of the Little Pigeon Lake project is imminent and will provide
more geological data on this very exciting geological model."
Adroit Resources Inc. is a mineral exploration company that is currently
exploring for Gold, Silver and Antimony in Central Italy and diamonds, precious
and base metals in the Shining Tree/Temagami/Cobalt and Bancroft areas of
Ontario, Canada. The Company currently has 135,295,191 shares issued and
outstanding.
On behalf of the Board of Directors,
Graeme Rowland. Chairman and President
Adroit Resources Inc. (TSXV:ADT)
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