Final Drill Results from Greenwood Area properties
September 10, 2008: Kettle River Resources Ltd. has received the final drill results from the company's 2008, 14 hole Diamond drill program on its wholly owned Greenwood area properties. This news release reports on results for holes KRR 08-11 at the Battle Zone, and holes KRR 08-13 and 08-14 at the Stemwinder Zone. Results for holes KRR 08-1 to 08-5, drilled at the Minnie Moore showing, were previously released (see KRR news release, July 17/08). Results for holes KRR 08-6 to 08-10 and 08-12, at the Battle Zone, were previously released (see KRR news release, August 22/08). Significant results from the 3 holes described in this release are listed below.
Hole |
From |
To |
Interval |
Au |
Ag |
Cu |
|
meters |
meters |
meters |
g/t |
g/t |
ppm or % |
KRR 08-11 |
42.66 |
45.46 |
2.80 |
1.39 |
5.0 |
1256 |
|
90.70 |
92.26 |
1.56 |
80.00 |
8.6 |
105 |
|
100.50 |
100.70 |
0.20 |
9.70 |
10.6 |
2233 |
|
110.62 |
111.86 |
1.24 |
3.67 |
95.6 |
307 |
|
207.29 |
209.98 |
2.69 |
0.03 |
1257.8 |
1566 |
|
|
|
|
|
|
|
KRR 08-13 |
100.85 |
101.15 |
0.30 |
0.01 |
21.0 |
2.66 % |
|
103.27 |
103.48 |
0.21 |
0.01 |
14.1 |
1.39 % |
|
122.71 |
123.71 |
1.00 |
13.80 |
39.4 |
5.26 % |
|
145.90 |
146.15 |
0.25 |
7.04 |
2.0 |
694 |
|
|
|
|
|
|
|
KRR 08-14 |
118.20 |
121.05 |
2.85 |
6.85 |
13.3 |
8130 |
|
|
including |
0.60 |
12.48 |
27.0 |
12194 |
Battle Zone: Seven holes were drilled at the Battle Zone during 2008, to test an area of auriferous pyrite-quartz stockwork veinlets and multiple northwest-trending and shallow northeast dipping shear zones. Drilling was from 3 set-ups, over a 420 meter northeast-southwest section across the zone of mineralization. Holes KRR 08-11 and 08-12 were the southernmost holes along this section.
Hole KRR 08-11 was drilled on an azimuth of 210� and a dip of -70�. The hole intersected 6.8 meters of highly oxidized, nearly flat-lying shear zone, 30 meters vertically below surface and 60 meters northeast of the surface exposure (the old prospect shaft, where select grab samples returned results to 185 g/t Au). Results were low from drilling through this shear zone in hole 08-11, to a maximum of 1.39 g/t Au, 5.0 g/t Ag and 1256 ppm Cu over 2.8 meters.
Several other mineralized shear zones and quartz or massive sulfide veins were intersected in hole KRR 08-11, which returned elevated gold or silver values. The best result was a 1.56 meter sample of pyritic sharpstone conglomerate, at a depth of 90.7 meters in the drill hole, which returned 80.0 g/t Au and 8.6 g/t Ag. Due to drilling problems, hole 08-11 was terminated in a zone of stockwork quartz veinlets at a depth of 209.98 meters. The final sample in the drill hole, from 207.29 - 209.98 meters, returned 1257.8 g/t Ag.
Stemwinder: Drill holes KRR 08-13 and 08-14 targeted a series of sub-parallel northwest trending, moderate to steeply northeast dipping gold-bearing quartz-sulfide veins which were known from historic underground work at the Stemwinder and Brooklyn mines. The Brooklyn and Stemwinder mines are located immediately north of the past-producing Phoenix copper-gold skarn open pit mine. The Brooklyn mine is now partially covered by the Phoenix mine waste dumps, while the Stemwinder mine is completely obscured by the dumps.
Hole KRR 08-13 was drilled on an azimuth of 220� and a dip of -45�. It intersected several quartz-sulfide veins and breccia zones and mineralized fault zones, before intersecting a thick Eocene syenite sill at a depth of 159 meters in the hole. The sill, which occurs at the top of a thick section of graphitic, tectonically brecciated chert and greenstone, is interpreted as representing the top of the regional post-mineral Snowshoe fault. Hole 08-13 intersected a series of semi-massive pyrite-chalcopyrite +/- quartz veins and breccia veins, within Brooklyn conglomerate and volcanics, in the hangingwall of the Snowshoe fault. The upper two veins intersected by drilling were massive pyrite-chalcopyrite veins, which in this hole returned only low gold values. The two deeper veins returned better gold values, to a maximum of 13.8 g/t Au, 39.4 g/t Ag and 5.26 % Cu over 1.0 meters from one zone.
Hole KRR 08-14 was a steeper hole, drilled at -60�, from the same set-up and on the same azimuth as hole 08-13. It was designed to test the veins intersected by hole 08-13 at a deeper level, to provide information regarding the dip of these veins, and to establish the elevation and dip of the Snowshoe fault. One mineralized zone was intersected in the hangingwall of the fault in this hole. This zone is interpreted as corresponding to the down dip projection of the upper 2 veins in hole 08-13. The hole 08-14 intercept returned 6.85 g/t Au, 13.3 g/t Ag and 8130 ppm Cu over 2.85 meters. The two lower veins intersected in hole 08-13 have been taken out by the underlying Snowshoe fault zone and were not intersected by drill hole 08-14.
Drill core was removed from the property twice daily, for logging and sampling in a secure facility in Grand Forks. Sample intervals were determined by mineralization and geology, but generally ranged from 0.5 to 3.0 meters. Core was sawn or split (depending on rock type), with half-core samples shipped to International Plasma Laboratory Ltd. (iPL) in Richmond, B.C., for preparation and analysis by iPL's package P1302. This analytical package involves a 30 element ICP analysis following aqua-regia digestion, and gold analysis by fire assay/AAS finish on a 30 gram sample. Samples returning greater than 1 g/t Au were subsequently assayed by fire assay with a gravimetric finish. Samples with overlimit copper values were also assayed. iPL is an IS0 9001:2000 certified laboratory. A quality control-quality assurance program was implemented by the company during the drill program, including company inserted blanks and standards at regular intervals. Additional drilling is needed to determine the strike, dip and true width of the mineralization described above.
Linda Caron, M.Sc., P.Eng. is the Qualified Person under NI 43-101 who supervised the 2008 work program and who has reviewed and approved the technical content of this news release.
Contact Larry Widmer (250) 878 5099 or Ellen Clements 1-800 856 3966.
On Behalf of the Board,
"Signed"
Ellen Clements, Director
President & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release.