WTM INTERSECTS 83.40 METRES (273.55 FEET) GRADING 12.75 g/t (0.37 oz/t)
GOLD ON THUNDER CREEK PROPERTY, TIMMINS, ONTARIO
- High Grade Intercept Includes 38.22 g/t (1.11 oz/t) gold over 11.00 metres (36.08 feet)
(Vancouver, June 24, 2009) - West Timmins Mining Inc. (WTM:TSX) ("WTM" or the "Company") today announced the broadest high grade gold intercept ever reported from the West Timmins District - an impressive 83.40 metres (273.55 feet) grading 12.75 g/t (0.37 oz/t) gold - from hole TC-09-68b on its Thunder Creek Joint Venture in Timmins, Ontario. High-grade gold mineralization occurs throughout the entire width of the host syenite porphyry and contains a number of broad, higher grade sub-zones, including 38.22 g/t (1.11 oz/t) gold over 11.00 metres (36.08 feet).
"This is one of the broadest, high-grade gold intercepts ever reported from the Timmins Gold Camp, which ranks as the largest gold camp in North America with over 70 million ounces of gold produced over the last century" said Darin Wagner, President and CEO of West Timmins Mining Inc. "Broad high-grade gold intercepts like the one reported today, are very rare and characteristic of only a very few special situations in the Camp, including the world-class 32 million ounce Hollinger-McIntyre gold system. The Thunder Creek gold system continues to exhibit many of the hallmarks of the Hollinger-McIntyre system including abundant coarse-grained visible gold mineralization, gold mineralization over extremely broad widths in multiple zones proximal to and hosted within a porphyritic intrusion and the association of the gold mineralization with a suite of base metals including tungsten, molybdenum, zinc and lead."
Hole TC09-68b is located 50 metres above, and was wedged from the same collar as hole TC09-68, intersecting both the Rusk and Porphyry Zones with the intersections centered at approximately 750 vertical metres. The Rusk Zone in hole TC09-68b returned a 4.90 metre gold mineralized intersection including 2.20 metres grading 9.50 g/t, further confirming the continuity and grade of the Rusk Zone.
Hole |
From |
To |
Interval |
Gold |
Section |
Zone |
Number |
(metres) |
(metres) |
(metres) |
g/t |
|
|
TC08-63 |
558.80 |
559.80 |
1.00 |
2.82 |
8900N |
Syenite |
|
|
|
|
|
|
|
TC08-65 |
24.00 |
25.00 |
1.00 |
1.23 |
8900N |
Syenite |
|
|
|
|
|
|
|
TC09-68b |
866.30 |
871.20 |
4.90 |
5.62 |
9550N |
Rusk Zone |
incl. |
869.00 |
871.20 |
2.20 |
9.50 |
|
|
|
|
|
|
|
|
|
|
889.40 |
972.80 |
83.40 |
12.75 |
|
Porphyry |
incl. |
888.00 |
901.00 |
13.00 |
24.68 |
|
Sub Zone 1 |
|
909.65 |
911.00 |
1.35 |
16.18 |
|
Sub Zone 2 |
|
914.50 |
923.00 |
8.50 |
26.78 |
|
Sub Zone 3 |
|
928.00 |
939.00 |
11.00 |
38.22 |
|
Sub Zone 4 |
|
949.00 |
956.50 |
7.50 |
5.06 |
|
Sub Zone 5 |
|
964.00 |
965.50 |
1.50 |
5.74 |
|
Sub Zone 6 |
|
|
|
|
|
|
|
TC09-72 |
542.20 |
542.60 |
0.40 |
6.30 |
9600N |
Porphyry Zone |
Note: No significant intersections in holes TC08-66, TC08-67 or TC09-71. Due to uncertainties in zone orientations, true widths are not known at this time. |
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The Rusk and Porphyry Gold Zones are located less than 800 metres from the 1.3 million ounce Timmins (West) gold deposit. Both zones are potentially accessible from the underground workings currently under development by joint venture partner and project operator Lake Shore Gold at Timmins (West). The Thunder Creek gold system can be traced for over 750 metres down-plunge and for over 175 metres along strike at the 750 vertical level. The Porphyry Zone intercept in hole TC09-72 is the shallowest intercept to date and confirms the up-dip extension of the zone. The Rusk and Porphyry Zones remain open to depth.
Four drills are currently active on the Thunder Creek Property testing the lateral and vertical extensions of the Rusk and Porphyry Zones and other exploration targets on the Property. The identification of anomalous gold mineralization (holes TC08-63 and TC08-65) within a syenite body located approximately 1.0 kilometre to the south of the Rusk and Porphyry Zones, and within 900 metres of WTM's wholly owned and porphyry-hosted Hwy 144 gold discovery, is also viewed as an encouraging development. Strong alteration was also observed over several hundred metres in hole TC09-71 indicating that the Thunder Creek mineralized system remains open in this direction.
WTM holds a 40% interest in the Thunder Creek Property in joint venture with project operator Lake Shore Gold. WTM also holds a 100% interest in, and is actively drill testing, the adjoining Hwy 144 and Thorne Properties located along the extension of the Timmins (West)-Thunder Creek gold trend.
Quality Control
The Thunder Creek Joint Venture is operated by Lake Shore Gold. Mr. Jacques Samson (P.Geo.) is Lake Shore Gold's qualified person ("QP") for the Thunder Creek Property. As QP, he has prepared or supervised the preparation of the scientific or technical information for the Property and has verified the data disclosed in this press release. Mr. Darin Wagner (P.Geo.), President and CEO of the Company, and QP for WTM, has examined the drill intercepts reported. No quality control data were supplied to the Company or Mr. Wagner by Lake Shore Gold prior to this release and the Company is therefore relying on information supplied by the project operator in this regard.
Lake Shore Gold employs a quality control program to ensure best practices in the sampling and analysis of drill core. Assays have been completed using a standard fire assay with a 30-gram aliquot. For samples that return a value greater than three grams per tonne gold, another pulp is taken and fire assayed with a gravimetric finish. Zones with visible gold are tested by pulp metallic analysis. NQ size drill core is saw cut and half the drill core is sampled in standard intervals. The remaining half of the core is stored in a secure location. The drill core is transported in security-sealed bags for preparation at ALS Chemex Prep Lab located in Timmins, Ontario, and the pulps shipped to ALS Chemex Assay Laboratory in Vancouver, B.C. ALS Chemex is an ISO 9001-2000 registered laboratory preparing for ISO 17025 certification.
About West Timmins Mining Inc. (www.westtimminsmining.com):
WTM is focussed on the exploration and development of district-scale gold projects in the major gold camps of North America. The Company is advancing the high-grade Rusk and Porphyry Gold discoveries on its Thunder Creek joint venture in Timmins, Ontario and continues to test the nearby 5.0 kilometre long Golden River Trend, host to 11 known zones of gold mineralization. West Timmins Mining is based in Vancouver, British Columbia, Canada and trades on the Toronto Stock Exchange under the symbol WTM.
-30-
On behalf of the Board of West Timmins Mining Inc.
"Darin W. Wagner"
Darin W. Wagner President and Chief Executive Officer
For further information contact: John Toporowski, Manager, Investor Relations West Timmins Mining Inc., Vancouver Tel: (604) 685-8311 / Toll Free: (866) 685-8311 E-mail: jtoporowski@westtimminsmining.com
The TSX has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.
For further details on West Timmins Mining Inc. please refer to prior disclosure at http://www.sedar.com/. The securities described in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended, or under any U.S. state securities laws, and such securities may not be offered or sold in the United States absent an exemption from such registration requirements.
This press release contains forward looking statements within the meaning of applicable Canadian and U.S. securities regulation, including statements regarding the future activities of the Company. Forward looking statements reflect the current beliefs and expectations of management and are identified by the use of words including "will", "expected to", "plans", "planned" and other similar words. Actual results may differ significantly. The achievement of the results expressed in forward looking statements is subject to a number of risks, including those described in the Company's annual information form as filed with the Canadian securities regulators which are available at www.sedar.com. Investors are cautioned not to place undue reliance upon forward looking statements.
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