West Cirque Discovers High Grade Cu-Au-Ag Zones, Heath Project
24 9월 2013 - 11:40PM
Access Wire
Vancouver, B.C., September 24, 2013; West
Cirque Resources Ltd. (WCQ: TSX.V) discovered
two new zones of high grade copper-gold-silver (Cu-Au-Ag)
mineralization during a recent mapping and rock sampling program at
its 100% owned Heath Copper-Gold Porphyry project in central
B.C.
Mapping
and rock sampling carried out in September 2013 documented
widespread potassic (biotite-magnetite and K-feldspar) and sodic
(albite) alteration and veining associated with chalcopyrite
mineralization. Two new mineralized zones were discovered, assaying
up to 7.7% Cu, 2.33 grams
per tonne (g/t) Au and 78.5 g/t Ag.
A
Zone
The
historic A Zone is a northwest trending mineralized structure
containing locally brecciated layers of magnetite-chalcopyrite,
biotite-magnetite- chalcopyrite, semi-massive chalcopyrite-quartz,
chlorite/biotite altered diorite and biotite altered diorite with
up to 15% disseminated pyrite. Three rock samples from the zone
averaged 0.71% Cu, 0.38 g/t
Au and 19 g/t Ag (Au assays in the table are
in ppb or parts per billion):
----------------------------------------
|Sample | |Au ppb|Ag g/t|Cu % |
|--------------------------------------|
|Q724962|chip 1m |892 |43.5 |0.888|
|--------------------------------------|
|Q724963|chip 1.25m|203 |10.3 |0.917|
|--------------------------------------|
|Q724964|grab |40 |3.6 |0.338|
----------------------------------------
In 2001
three shallow (13, 20 and 24 meter) packsack drill holes were
collared beside the A Zone trenches and intersected multiple
intervals of mineralization, including intervals not exposed in the
trenches. Sampled intervals included 3.15% Cu, 0.36 g/t Au and 22.6
g/t Ag over 1.52 meters (HEX01-01, 17.09-18.59), 1.02% Cu, 0.19 g/t
Au and 9.1 g/t Ag over 3.05 meters (HEX01-02, 2.44-5.49) and 1.52%
Cu, 0.32 g/t Au and 14.8 g/t Ag over 1.52 meters (HEX01-03,
3.96-5.49).
A newly
discovered mineralized zone about 180 meters southwest of the
historic A Zone trenches was sampled over a strike length of 80
meters. Coarse grained, locally pegmatitic biotite-magnetite
altered diorite is cut by biotite-chalcopyrite, quartz-epidote and
albite veins. Both disseminated and poddy vein and shear-hosted
chalcopyrite are present, and the wallrock contains up to 10%
disseminated pyrite. Four rock samples from the zone
averaged 2.51% Cu, 0.79 g/t
Au and 34 g/t Ag:
-------------------------------------
|Sample |Type |Au ppb|Ag g/t|Cu % |
|-----------------------------------|
|Q724959|grab |8 |<0.2 |0.034|
|-----------------------------------|
|Q724960|chip 1m|763 |69.4 |7.700|
|-----------------------------------|
|Q724961|grab |2330 |66.4 |2.060|
|-----------------------------------|
|Q724965|grab |52 |0.9 |0.242|
-------------------------------------
Central Zone
The
Central Zone is an area of limited outcrop and relatively flat
topography extending over a strike length of
at least 1.7 kilometers and a width of 0.5 kilometers. It is near
the center of a large (2.4 by 2.0 kilometer) copper in soil anomaly
outlined by Teck in 1990. The Central Zone has not been tested by
drilling. Diorite near the historic Trench C showing near the core
of the zone is strongly carbonate altered and cut by quartz and
calcite veins with chalcopyrite (Q724968). About 80 meters to the
east, an old cat track exposes subcropping boulders of magnetite,
chalcopyrite and trace bornite (Q724969) and K-feldspar veined
diorite with disseminated chalcopyrite and minor biotite (Q724970).
Three rock samples from this zone average 1.13% Cu, 0.071 g/t Au and 3.2 g/t
Ag:
----------------------------------
|Sample | |Au ppb|Ag g/t|Cu % |
|--------------------------------|
|Q724969|grab|12 |7.1 |1.735|
|--------------------------------|
|Q724969|grab|22 |2.1 |1.520|
|--------------------------------|
|Q724970|grab|179 |0.5 |0.126|
----------------------------------
East
Zone
The East
Zone is a newly delineated zone of mineralization centered about
600 meters southeast of Trench C. Mineralization outcrops
sporadically across a width of at least 225 meters within a 300 by
400 meter part of the soil anomaly which contains numerous values
over 1000 ppm Cu (up to 3671 ppm). Mineralization consists of
sheeted magnetite-quartz-chalcopyrite,
biotite-K-feldspar-magnetite-chalcopyrite and
quartz-epidote-chalcopyrite veins. Four rock samples from the zone
averaged 1.15% Cu, 0.19 g/t
Au and 27.8 g/t Ag:
----------------------------------
|Sample | |Au ppb|Ag g/t|Cu % |
|--------------------------------|
|Q724973|grab|12 |1.6 |0.144|
|--------------------------------|
|Q724974|grab|46 |1.4 |0.139|
|--------------------------------|
|Q724975|grab|198 |29.8 |0.250|
|--------------------------------|
|Q724976|grab|482 |78.5 |4.080|
----------------------------------
Steve
Vanry, West Cirque's President and CEO comments: "The high grade
nature of the mineralization and the discovery of new mineralized
zones during a small reconnissance scale program attests to the
considerable exploration upside at Heath. It also supports the
assessment of our technical team that Heath represents a
significant underexplored and undervalued asset in West Cirque's
porphyry copper-gold portfolio".
The Heath
project covers an area of 1419 hectares. The road accessible
project is located 108 kilometers northwest of Fort St. James in
central B.C. The property is in the Hogem Batholith in the prolific
Quesnel Trough, 30 kilometers south of the Kwanika deposit (142
million tonnes of 0.31% Cu and 0.29 grams per
tonne Au indicated resource) and 74
kilometers northwest of the Thompson Creek Metals' Mount Milligan
project (482 million tonnes of 0.20% Cu and 0.39 grams per tonne Au
proven and probable reserve). Mount Milligan is expected to reach
full commercial production in 2014 and has a forecast mine life of
22 years (www.mtmilligan.com).
Rock
samples were analyzed at ALS Minerals' ISO 9001:2008 certified
North Vancouver laboratory for gold by fire assay and ICP-AES, and
for 35 elements including copper, molybdenum
and silver by ICP-AES using an aqua regia digestion.
Historical assays cited above should not be relied
on even though they have been compiled from sources believed to be
reliable. Grab samples are likely to be representative of higher
grade material and no inference can be made of the average grade of
a larger volume of rock. West Cirque's disclosure of a technical or
scientific nature in this news release has been reviewed and
approved by John Bradford, M.Sc., P.Geo. and V.P. Exploration and
Director for West Cirque Resources, who serves as a Qualified
Person under the definition of National Instrument
43-101.
About
West Cirque Resources Ltd.
West Cirque is a mineral exploration company focused on
creating shareholder wealth by identifying, acquiring and defining
resources in world class precious and base metal projects in the
North American Cordillera.
West
Cirque Resources Ltd.
Steve Vanry, CFA
President
(604) 558-4604
svanry@westcirqueresources.com
www.westcirqueresources.com
Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release.
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This news release contains certain
"forward-looking statements", as defined in the United States
Private Securities Litigation Reform Act of 1995, and within the
meaning of Canadian securities legislation. The Company cautions
that forward-looking statements are based on the beliefs, estimates
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are made and they involve a number of risks and uncertainties.
Consequently, there can be no assurances that such statements will
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differ materially from those anticipated in such statements. The
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West Cirque Resources Ltd (TSXV:WCQ)
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West Cirque Resources Ltd (TSXV:WCQ)
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