Infrastructure Materials Provides Progress Report on Klondyke Property
11 Giugno 2012 - 3:20PM
Infrastructure Materials Corp. (OTCBB:IFAM) (TSX-V:IFM)
(TSX-V:IFM.s) (the "Company") is pleased to provide a progress
report on the Klondyke Property (the "Property"). The Property
consists of 134 mineral claims and four leased patented claims
located in Esmeralda County, Nevada approximately 12 miles south of
the town of Tonopah. The Property lies approximately five miles
southeast of the Allied Nevada Gold's Hasbrouck project and about
11 miles northeast of Columbia Mountain, which is adjacent to the
town of Goldfield.
The Property's geology was mapped by the Company in 2007 at a
scale of 1:12000, and five separate grids were laid out and sampled
to cover alteration zones outlined during the mapping program.
Mapping and grid sampling to date indicate strong NE/SW bearing
anomalous zones to the south of the old mine working where the
structure runs NW/SE. Grid sampling also identified a large
gold-only anomalous zone in the southern portion of the
Property.
A limited 1,550 foot reverse circulation drilling program was
completed in the first half of April 2012 to test some of the
surface anomalies. Three holes (KDR1-3) were targeted around a 6640
grams per tonne (g/t) Ag surface sample from a vein exposed in a
prospect pit in the northwest portion of the Property. Hole KDR1
intercepted the vein and had a 5 foot interval of 349.2 g/t Ag from
10 to 15 feet in depth. Hole KDR2 encountered vein mineralization
ranging between 22 g/t to 92 g/t silver from 0 to 15 feet in depth.
Hole KDR3 encountered strong silver anomalies ranging between 2.9
g/t to 22.2 g/t from 0 to 25 feet in depth. Hole KDR4 tested a
covered target of the vein structure intercepted by holes KDR1-3,
but failed to intercept the target at that location.
Hole KDR5, located on the southern portion of the Property,
targeted a >200 parts per billion (ppb) gold in rock chip
anomaly. Gold anomalies ranging from 75 ppb to 105 ppb were
encountered in the first 15 feet from hole KDR5 and weak anomalies
ranging from 5 ppb (detection limit) to 43 ppb were encountered for
500 feet in disseminated sulphide, with varying amounts of sericite
alteration and silicification in the rhyolite host rock. No
silver anomalies were noted at hole KDR5; however, follow up
drilling is warranted due to the alteration observed in this
hole.
Below is a table of highlights from holes KDR1-3. Results for
holes KDR4 and KDR5 were not reported due to low values. However,
as mentioned above, the alteration identified in hole KDR5 warrants
further exploration drilling:
Hole No. |
Interval (feet) |
Au (ppb) |
Ag g/t (ppm) |
Pb (ppm) |
Cu (ppm) |
Zn (ppm) |
|
|
|
|
|
|
|
KDR1 |
0-5 |
193 |
4.9 |
548 |
668 |
|
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