endlich ist sie da, die millionenmeldung:-)
FOR : Donner Minerals Ltd.
TSX VENTURE SYMBOL: DML
FRANKFURT SYMBOL: DNL
September 8, 2003
Donner Minerals Ltd.: High Grade Nickel Intersected at West Raglan Project
VANCOUVER, BRITISH COLUMBIA--Mr. Harvey Keats, President of Donner Minerals
Ltd. is pleased to report that Knight Resources Ltd. (`Knight`) has announced a
significant nickel discovery at the West Raglan Project, located in Northern
Quebec. Donner owns approximately 26% of Knight`s common shares.
The entire Knight news release has been reproduced below.
Knight Resources Ltd. announced that high grade nickel sulphides have been
intersected on the West Raglan Project located in northern Quebec and operated
by Anglo American Exploration (Canada) Limited. Partial assays have been
received for three diamond drill holes. Assays for additional holes are pending
and will be released as they are received.
/T/
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Hole Core Length (m) Nickel % Copper % Cobalt %
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WR-08 14.75 3.04 1.13 0.08
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WR-12 15.50 1.20 0.84 0.04
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including 8.50 1.60 1.13 0.05
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WR-13 7.62 2.54 1.41 0.09
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/T/
Assays for platinum and palladium are pending and will be released as they are
received.
The mineralization is hosted by ultramafic bodies within the lower part of the
Chukotat Group and displays a strong similarity in terms of host rocks,
textures and grades, to ore bodies currently being mined by Falconbridge
Limited at their Raglan operations.
Results from this year`s drilling program indicate that the Raglan Formation,
host to most of the published reserves on Falconbridge Limited`s Raglan
property, is present at or near surface across most of the West Raglan
property. Furthermore, initial drilling has confirmed that, as at Raglan, the
ultramafic unit hosts high grade and high tenor magmatic sulphide
mineralization. Results to date show that the Raglan Formation identified on
the West Raglan property is hosted by a steeply-dipping, locally overturned
sequence of massive and pillow basalt flows and interflow sulphidic sediments
and cherts. This contrasts with the shallowly north-dipping stratigraphy
observed at Raglan.
Drilling, which began in early August, has focused on three general areas
referred to as: Frontier, Povungnituk and Rain Day. To date, the drill
intersections of greatest interest have all been in the Frontier area, the site
of the high grade boulder samples reported in the Company`s news release dated
July 16, 2003. The Frontier area, located approximately 7 kilometres west of
Lac Chukotat, has been further divided into four zones: Frontier East, Frontier
Central, Frontier West and Frontier South. Frontier Central is located
approximately 650 metres east of Frontier West. Frontier East is located a
further 1.1 kilometres east of Frontier Central. Frontier South is
approximately 350 metres south of Frontier West.
The focus of the drilling is to identify nickel-rich magmatic sulphide deposits
similar to those found at Raglan. The ore bodies at Raglan range in size from
10,000 tonnes to 1.7 million tonnes and consist of shallowly plunging ore
lenses contained in irregular embayment structures in ultramafic rocks. These
ore lenses are difficult exploration targets and typically require multiple,
closely-spaced drill holes.
Frontier South
Frontier South was initially discovered in early August as an outcrop of
mineralized ultramafic. Seven holes (WR-04/05/06/08/09/10/11), totalling 740
metres have now been drilled into Frontier South. WR-04 and WR-05 intersected
weakly mineralized ultramafic. WR-06 intersected graphitic sediments and a
large sequence of ultramafic.
WR-08, referred to as the Discovery Hole, intersected a 14.75 metre mineralized
sequence that includes 11.4 metres of greater than 50% net textured magmatic
sulfides. The mineralized sequence began at 17.2 metres.
WR-09 was drilled towards the south from the same location as WR-08 and
intersected 2.1 metres of greater than 50% net textured magmatic sulfides.
Overlying the 2.1 metres of magmatic sulphides, WR-09 intersected approximately
5.0 metres of re-mobilized magmatic and sedimentary massive sulfides
intercalated with sulphidic sediments and chert.
WR-10 and WR-11 were step-out holes to the west and intersected a sequence of
sulphidic sediments containing local massive sulphide beds. The information
obtained from these two holes indicated an overturned, south dipping
stratigraphy with an embayment structure in ultramafic rocks.
Mineralization in WR-04, 05, 06, 10 and 11 will be assayed in due course.
Frontier East
Frontier East was the site of high grade boulder samples (1.1% - 3.4% nickel)
reported in the Company`s news release of July 16, 2003. Three holes
(WR-02/12/13) totalling 445 metres have now been drilled into Frontier East.
WR-02 was the first hole drilled in the Frontier area. The hole was drilled
north to south and intersected approximately 30 metres of sulphidic sediments
and chert within ultramafics. The location of the conductive sediments do not
appear to explain the strong surface conductivity noted in the area.
As a result of the interpretation at Frontier South, that dips are to the
south, WR-12 and WR-13 were collared on a section 100 metres east of WR-02, and
were drilled from south to north. WR-12 intersected a mineralized sequence from
15.5 metres to 32.0 meters, including 8.5 metres of greater than 50%
net-textured magmatic sulphides and 7.0 metres of 5% to 25% net textured to
disseminated magmatic sulphides.
WR-13 was collared from the same set-up as WR-12 but drilled at a steeper
angle. WR-13 intersected 7.4 metres of massive magmatic sulphide in contact
with low grade sedimentary sulphides. Nickel tenors in WR-13 are lower as a
result of the sedimentary sulphides. Similar results are seen at Raglan.
Frontier Central
One hole, WR-14, was drilled from south to north underneath subcrop exposures
of mineralized ultramafic and mineralized boulders that assayed between 1.9%
and 3.4% nickel. WR-14 intersected an 11.5 metre mineralized sequence of
magmatic sulphides, of which 9.0 metres were greater than 50% net textured
magmatic sulphides.
Drill core from the mineralized sequence intersected in WR-14 has been sent for
assay on a rush basis. Assay results will be reported as soon as they are
received.
Frontier West
One hole, WR-03, was drilled on a coincident HLEM and magnetic anomaly where a
single boulder assayed 2.0% nickel. The anomaly likely reflects the presence of
sulphidic sediments. The source of the mineralised boulder remains unexplained.
Mineralization in WR-03 will be assayed in due course.
Rain Day
The Rain Day area is located approximately 7.5 kilometres due east of Frontier
East. The only hole drilled at Rain Day, WR-01, was drilled to a depth of 152
metres near the site of weakly mineralized boulders (.23% to .26% nickel).
WR-01 intersected an 87 metre unit of ultramafic rock with a gabbro hanging
wall and a basalt footwall. Weak blebbly pyrrhotite mineralization was
intersected between 135 and 144 metres in ultramafic. Recent prospecting
approximately one kilometre west of WR-01 has discovered mineralized boulders
of ultramafic proximal to unmineralized ultramafic outcrop. Assays for the
boulders are pending.
Povungnituk
The Povungnituk area is located approximately 5 kilometres south of Lac
Chukotat. WR-07 was drilled to test a coincident magnetic and HLEM anomaly.
WR-07 intersected an ultramafic sequence before intersecting graphitic
sediments.
Ongoing Work
Active exploration continues on the West Raglan Project. Drilling will continue
until September 10th at which time drilling will be suspended due to the onset
of winter conditions.
In addition to diamond drilling, detailed infill magnetic data is being
collected to define magnetic highs within the regionally extensive ultramafic.
Ground pulse EM geophysical coverage is ongoing. Downhole pulse EM is carried
out on a routine basis.
Knight is earning a 49% interest in the West Raglan Project from Anglo American
Exploration (Canada) Limited (`AAEC`). The 68,000 hectare project, located in
northern Quebec, covers over 60 km of the interpreted western extension of the
Raglan Horizon, which hosts the deposits at the Raglan Mine. Resources,
reserves and mined to date at Raglan are estimated at 28 million tonnes
averaging 2.8% nickel and 0.8% copper with significant platinum group elements
and cobalt.
AAEC is the operator of the West Raglan Project and is responsible for the
sampling and submittal of samples for assay. The assaying was carried out and
certified by ACME Labs and ALS Chemex, both of Vancouver, BC. ACME Labs
performed all primary assays. A check assay was performed on quarter core of a
1.0 metre interval of WR-08 by ALS Chemex. At ACME Labs the interval assayed
3.23% nickel, 0.91% copper and 0.08% cobalt. At ALS Chemex the interval assayed
3.97% nickel, 1.00% copper and 0.09% cobalt. Further check assaying will be
done in due course. The AAEC Qualified Person is Richard Dufresne and the
Knight Qualified Person is Kerry Sparkes. Mr. Sparkes is the Qualified Person
responsible for the Knight news release.
ON BEHALF OF THE BOARD OF DONNER MINERALS LTD.
Harvey Keats, President
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FOR FURTHER INFORMATION PLEASE CONTACT :
Donner Minerals Ltd.
Harvey Keats
President
Phone: (604) 683-0564 or Toll Free: 1-800-909-8311
Fax: (604) 602-9311
Email: donner@bed-rock.com
Website: www.donner-minerals.com
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.