Brookmount Gets a Favorable Independent 43-101 Technical Report on Its Mercedes 100 Polymetallic Property Located in Junín, Peru
10 Agosto 2009 - 3:00PM
Marketwired
Brookmount Explorations, Inc. (OTCBB: BMXI) (FRANKFURT: B6T) is
pleased to announce the completion of a NI43-101 Technical Report
on its 3211 hectare Mercedes 100 project located in the department
of Junín, Peru.
The report by Gateway Solutions and written by Luc Pigeon, B.Sc,
M.Sc, P. Geo., a Canadian Geologist, confirms the presence of
significant Silver, Zinc and Lead mineralization that reach up to
230.2 grams/ton Silver, 0.83 % Lead and 7.58% Zinc over 80 cm.
Furthermore, elevated Gold contents are also present up to 13.30
grams/ton; the presence of gold in the polymetallic system
significantly increases the economic potential of the Property.
Over 15 distinct mineralized structures with appreciable
precious and base metals have been identified on the principal
property Mercedes 100; other sampling has given point results of up
to 2280 grams/ton Silver, 4.21% Lead, 9.34% Zinc and 25.9 grams/ton
Gold. Mineralization also occurs on the 6 adjoining claims.
Based on Mr. Pigeon's findings, further exploration on the
Property is fully warranted and it is suggested to perform
Geological mapping, geophysical studies and exploration development
in order to assess the Ore quality and its continuity to NI 43-101
standards.
The Victor II Vein, which has been trialed in depth more than
the other veins, shows sporadic Gold, Silver, Zinc, Lead
mineralization on two shallow levels and one Gold-enriched Ore
shoot that likely continues at depth. Martin Mount, M. Sc (MCSM) C.
Geo, C. Eng, who has worked in Latin America for over 20 years and
in Peru for over 12 years, on the largest and most important mines
in Peru, states that the mineralization at the Mercedes project is
related to a late intrusive cycle and hydrothermal activity which
has risen from depths exceeding 1,000 meters. The presence of Gold
mineralization indicates that the Victor II mineralization is
probably within the mesothermal region of deposition and that
higher temperature mineralization has to be found in depth.
For example, the San Cristobal deposit is characterized by +/-10
centimeter wide veins at surface that reach up to 10 meters or more
at 1000 meters depth. Also the Yauliyacu Mine is now at
1.4kilometers in depth and continuing.
With the preliminary compilation and studies completed,
Brookmount looks forward to initiate systematic exploration of the
property prior to making a production decision.
The technical information of this news release has been reviewed
by Luc Pigeon, B.Sc., M.Sc., P. Geo.; a Gateway Solutions Geologist
and Independent Qualified Person as defined by NI 43-101.
The mineralization at San Cristobal and Yauliyacu is not
necessarily indicative of the mineralization at Mercedes 100.
Safe Harbor: This news release may include forward-looking
statements within the meaning of Section 27A of the United States
Securities Act of 1933, as amended, and Section 21E of the United
States Securities and Exchange Act of 1934, as amended with respect
to achieving corporate objectives, developing additional project
interests, the Company's analysis of opportunities in the
acquisition and development of various project interests and
certain other matters. These statements are made under the 'safe
harbor' provisions of the United States Private Securities
Litigation Reform Act of 1995 and involve risks and uncertainties
which could cause actual results to differ materially from those in
the forward-looking statements.
For Inquiries please call: 951.723.8760
Grafico Azioni Brookmount Explorations (PK) (USOTC:BMXI)
Storico
Da Ott 2024 a Nov 2024
Grafico Azioni Brookmount Explorations (PK) (USOTC:BMXI)
Storico
Da Nov 2023 a Nov 2024