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XIMEN Provides Summary Compilation of Its Comprehensive 2014 Exploration Program at Its Brett Gold Property - Seite 3
little previous exploration and measures at a minimum of 1.1 sq km. The
area is mostly covered under glacial till with minimal outcrop exposures.
Similar, but smaller magnetic low anomalies were also found at the Main
Zone and west of the Main Zone associated with known gold-bearing
epithermal veins and associated magnetite-destructive alteration.
The company further completed 20 line kilometers of an induced polarization
(IP) in the same areas that the ground magnetic survey was done. This type
of survey applies electrical current along a line to the subsurface rocks
to identify areas with sulfide mineralization, usually pyrite. Pyrite forms
a halo to vein structures and is present in areas that have undergone
magnetite destructive alteration. Higher concentrations of pyrite help
identify drill targets. The overall results were encouraging and further
supported the proposed drilling program.
Drilling Program The core drilling program was initiated in mid-September
and completed by mid-November. A total of 13 holes for 2977 m, were drilled
from 9 sites over an area measuring approximately 1 km east-west by 850 m
north-south, and over an elevation range of 470 m. Drilling successfully
tested high-grade vein style targets and lower grade bulk tonnage gold
targets. Epithermal alteration was encountered in drilling throughout this
large area. A total of 1810 drill core samples were collected and submitted
to ActLabs in Kamloops for preparation and analysis.
Highlights include:
+---------+------+------+--------+-----+-----+----------------------------+
|Hole | From | To |Interval| Au | Ag | |
+---------+------+------+--------+-----+-----+----------------------------+
| |metres|metres| metres | g/t | g/t | |
+---------+------+------+--------+-----+-----+----------------------------+
|B14-01 | 43.00| 50.20| 7.20| 2.85| 7.73| |
+---------+------+------+--------+-----+-----+----------------------------+
|including| 47.00| 49.20| 2.20| 7.31|20.09|Main Zone |
+---------+------+------+--------+-----+-----+----------------------------+
| |124.00|135.80| 11.80| 0.57| 2.27| |
+---------+------+------+--------+-----+-----+----------------------------+
| |146.95|147.85| 0.90|34.18| 6.66|490 Gold Zone |
+---------+------+------+--------+-----+-----+----------------------------+
| | | | | | | |
+---------+------+------+--------+-----+-----+----------------------------+
|B14-02 |112.20|118.30| 6.10| 0.25| 0.85| |
+---------+------+------+--------+-----+-----+----------------------------+
and completed by mid-November. A total of 13 holes for 2977 m, were drilled
from 9 sites over an area measuring approximately 1 km east-west by 850 m
north-south, and over an elevation range of 470 m. Drilling successfully
tested high-grade vein style targets and lower grade bulk tonnage gold
targets. Epithermal alteration was encountered in drilling throughout this
large area. A total of 1810 drill core samples were collected and submitted
to ActLabs in Kamloops for preparation and analysis.
Highlights include:
+---------+------+------+--------+-----+-----+----------------------------+
|Hole | From | To |Interval| Au | Ag | |
+---------+------+------+--------+-----+-----+----------------------------+
| |metres|metres| metres | g/t | g/t | |
+---------+------+------+--------+-----+-----+----------------------------+
|B14-01 | 43.00| 50.20| 7.20| 2.85| 7.73| |
+---------+------+------+--------+-----+-----+----------------------------+
|including| 47.00| 49.20| 2.20| 7.31|20.09|Main Zone |
+---------+------+------+--------+-----+-----+----------------------------+
| |124.00|135.80| 11.80| 0.57| 2.27| |
+---------+------+------+--------+-----+-----+----------------------------+
| |146.95|147.85| 0.90|34.18| 6.66|490 Gold Zone |
+---------+------+------+--------+-----+-----+----------------------------+
| | | | | | | |
+---------+------+------+--------+-----+-----+----------------------------+
|B14-02 |112.20|118.30| 6.10| 0.25| 0.85| |
+---------+------+------+--------+-----+-----+----------------------------+
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