Hinterland Lac Fecteau Drill Results and Exploration Update
17 5월 2012 - 10:30PM
Marketwired Canada
Hinterland Metals Inc. (TSX VENTURE:HMI) announces the results of a drill
program completed in March 2012 on the Lac Fecteau property located 120
kilometres southwest of Chibougamau, Quebec. The property is in the Barry-Urban
Greenstone Belt approximately 20km east of Eagle Hill's Windfall Lake Project
and 30km northeast of Metanor Resources' Barry open pit gold mine. A total of
1,248m of NQ diameter drilling was done in eight holes to test a number of
resistivity/chargeability anomalies found in the nose of an east to southeast
plunging fold. All gold-bearing intervals intersected by the drilling are listed
as follows:
Wt.Avg.
Hole Zone From (m) Length (m) (gpt Au)
----------------------------------------------------------------------------
LF12-01 Contact 92.3 1.0 0.29
LF12-02 Contact 80.5 3.0 0.68
LF12-03 Contact 70.5 2.4 0.77
Sericite alteration 76.0 1.0 0.39
LF12-04 Sericite alteration 74.8 5.0 0.31
LF12-07 Carbonate alteration 49.3 1.0 0.22
The gold-bearing intervals are generally located in strong carbonate alteration
zones adjacent to contacts between fine-grained mafic tuff and intermediate
crystal to lapilli tuff, in highly magnetic zones of disseminated pyrrhotite
mineralization in narrow siltstone layers inter-bedded with the mafic tuff, or
in zones of pervasive sericite alteration.
Due to bad ground conditions caused by unusually warm weather in March, the
drill program was cut short and a number of targets were not drilled. Hinterland
currently has a crew on the Fecteau property that will complete a trenching and
sampling program to test the targets that were not drilled.
The analytical results referred to in this release were determined at
Bourlamaque Assay Laboratories ("Bourlamaque") in Val d'Or, Quebec by fire
assay, atomic absorption technique for gold. Bourlamaque is not accredited but
it is independent of Hinterland, maintains an internal quality control program
and participates annually in CANMET round-robin proficiency testing. Also,
Hinterland inserts blanks, standards and duplicates according to an
independently designed and monitored QAQC program. Mark Fekete, P.Geo is the
designated "qualified person" as defined in Section 1.2 in and for the purposes
of National Instrument 43-101 responsible for the preparation of this release.
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This release may contain forward-looking statements that are subject to known
and unknown risks and uncertainties that could cause actual results to vary
materially from targeted results. Such risks and uncertainties include those
described in the Company's periodic reports including the annual report or in
the filings made by the Company from time to time with securities regulators.
The Company undertakes no obligation to publicly release the result of any
revision of these forward-looking statements to reflect events or circumstances
after the date they are made or to reflect the occurrence of an unanticipated
event.
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