Blackheath Continues to Define Skarn Zones in Phase 2 Drilling Program at Covas
18 Febbraio 2014 - 3:00PM
Marketwired
Blackheath Continues to Define Skarn Zones in Phase 2 Drilling
Program at Covas
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 18, 2014) -
Blackheath Resources Inc. (TSX-VENTURE:BHR)(FRANKFURT:04B) (the
"Company") is pleased to report drilling results from the Phase 2
drilling program from the Covas Tungsten Project in northern
Portugal. The Phase 2 drilling program greatly expanded the
skarn-related mineral zones in every existing target zone, as well
as discovering a new mineralized zone.
Fourteen diamond drill holes, totaling 1,183 metres, were
drilled in five different target areas: Muito Seco, Lapa Grande,
Telheira, Castelo and a new zone Cerdeirinha/Muito Seco. Step out
drill holes varied from 50 to 550 metres and averaged over 200
metres in distance from previously known mineralization areas.
Results from the first and second phase drilling programs indicate
that there is further potential for extension at all five target
areas, and new geological interpretations from the recent drilling
also indicate potential vectors towards further high grade tungsten
zones.
Highlights of the Phase 2 program include 3.05 metres of 1.26%
WO3, including 1.05 metres of 2.07% WO3 starting at a depth of
12.75 metres at Muito Seco and 3.25 metres of 0.19% WO3, including
1.25 metres of 0.38% WO3 starting at a depth of 82.55 metres at
Telheira. All holes are vertical drill holes, and intercepts are
considered to represent the true thickness or close to the true
thickness of the mostly flat-lying mineralized zones.
"We are pleased with the results from our Phase 2 drilling
program at the Covas Tungsten Project," said James Robertson,
President & CEO of Blackheath Resources. "Over 90% of the drill
holes intercepted tungsten-bearing skarn, which is very
encouraging. This brings us one step closer to our goal of
completing a NI 43-101 resource estimate at Covas, and further
drilling will be required to determine the extent of the tungsten
mineralized skarn zones. The Phase 3 drill program is scheduled for
later this year."
HOLE ID |
EASTING |
NORTHING |
HOLE LENGTH (M) |
INTERCEPT DEPTH (M) |
|
INTERCEPT % WO3 |
|
SUMMARY EXTENSIONS DISTANCES |
CO 22/13 |
525160 |
4635105 |
40.60 |
28.70 |
|
1.00 m @ 0.04% WO3 |
|
Extended Lapa Grande target over 80 metres to the
SE |
CO 23/13 |
525515 |
4634892 |
149.50 |
128.40 |
|
2.20 m @ 0.21% WO3 |
CO 24/13 |
525030 |
4634800 |
40.00 |
12.75 |
|
3.05 m @ 1.26% WO3 |
|
Extended Muito Seco target area over 200 metres to the
SE |
CO 25/13 |
525180 |
4634670 |
58.60 |
N/A |
|
Thick skarn no significant tungsten values |
CO 26/13 |
524808 |
4634970 |
89.40 |
N/A |
|
No skarn - collared in lower schist |
|
Expanded known tungsten mineralization 550 metres in
new discovery target area at Muito Seco / Cerdeirinha. |
CO 27/13 |
524640 |
4634720 |
70.10 |
22.40 |
|
2.00 m @ 0.17% WO3 |
CO 28/13 |
524780 |
4634665 |
41.30 |
35.50 |
|
0.75 m @ 0.15% WO3 |
CO 29/13 |
524947 |
4634658 |
54.30 |
13.80 |
|
1.80 m @ 0.20% WO3 |
CO 30/13 |
524201 |
4634026 |
118.10 |
88.20 & 101.20 |
|
1.00 m @ 0.21 and 1.00 m @ 0.19% WO3 |
|
Extended Castelo target area over 100 metres SW |
CO 31/13 |
522720 |
4635435 |
105.10 |
82.55 |
|
3.25 m @ 0.19% WO3 |
|
Extended Telheira target area over 180 metres NW and
130 metres to the S/SW |
CO 32/13A |
522773 |
4635244 |
141.30 |
125.50 |
|
1.00 m @ 0.12% WO3 |
CO 33/13 |
522847 |
4635164 |
54.30 |
N/A |
|
no significant tungsten values |
CO 34/13 |
522725 |
4635514 |
53.60 |
N/A |
|
no significant tungsten values |
CO 35/13 |
524525 |
4633885 |
166.70 |
142.30 |
|
9.20 m @ 0.143% WO3 |
|
Extended Castelo target area over 75 metres SE |
For further information please visit
http://www.blackheathresources.com/s/Covas.asp.
Covas is a past-producing tungsten mine and remaining historic
resources on the property have been estimated at 922,900 tonnes of
0.78% WO3 (tungsten trioxide) by Union Carbide in 1980, based on
work including 329 drill holes on the property. Mineralization is
open to expansion. The price of tungsten has increased
significantly in recent years and is currently approximately $38
per kilogram of contained tungsten trioxide. (These resources
are historic in nature, prepared by Union Carbide Corp. in 1980 and
are considered relevant. However, a qualified person has not done
sufficient work to classify the historical estimates as current
mineral resources and the Company is not considering the historical
estimates as current mineral resources.)
Highlights from the Phase 1 program completed by the Company
early in 2013 included high grade tungsten mineralization of 2.11%
WO3 over 7.98 metres starting at a depth of 44.57 metres in Hole CO
7/12 at the Telheira target and 2.89% WO3 over 5.10 metres in Hole
CO 13/12 starting at a depth of 52.70 metres at the Lapa Grande
target at Covas, as previously reported. Other results from the
program confirmed extensions of tungsten mineralization in the
skarn zones at Covas. (See news releases dated November 26,
2012 and March 1, 2013 for details)
The Covas property is located about 100 kilometres north of
Porto, Portugal's second largest city. Blackheath holds the
property under an option from Avrupa Minerals Ltd. to earn up to an
85% interest in a joint venture in the project, after incurring
minimum exploration expenditures of EUR1 million in two stages to
earn a 70% interest followed by completion of a prefeasibility
study to earn the additional 15% interest.
About Avrupa:
Avrupa Minerals Ltd. is a growth-oriented junior exploration and
development company focused on discovery, using a prospect
generator model, of valuable mineral deposits in politically stable
and prospective regions of Europe, including Portugal, Kosovo, and
Germany.
About Blackheath:
Blackheath Resources Inc. is listed on the TSX Venture Exchange,
and is focused on the exploration and development of past-producing
tungsten mines in Portugal. Management of Blackheath has previous
experience in tungsten mining operations in Portugal through
Primary Metals Inc., the operator of the Panasqueira Tungsten Mine
from 2003 to 2007. Further information about the Company's
activities may be found at www.blackheathresources.com and under
the Company's profile at www.sedar.com.
ON BEHALF OF THE BOARD
James Robertson, President, CEO and Director
This news release was prepared by Company management, who
take full responsibility for its content. Barry J. Price, M.Sc.,
P.Geo. is a Qualified Person as defined by National Instrument
43-101 of the Canadian Securities Administrators. He has reviewed
the technical disclosure in this release. Tungsten analyses were
performed by ALS Chemex in Vancouver, Canada using standard assay
techniques.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Blackheath Resources Inc.Alexander
Langer604-684-3800info@blackheathresources.comwww.blackheathresources.com
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