Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
Cours Or & Argent

Gravity West Mining Corp.

Publié le 22 janvier 2008

RESUMES DRILLING NEW DRAKE HILL COPPER-NICKEL-PGE DISCOVERY AT VOLTAIRE LAKE

( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter



Gravity West Mining Corp.
Website: www.gravitywestmining.com
TSX-V: GRW
January 22, 2008

NEWS RELEASE

GRAVITY WEST RESUMES DRILLING NEW DRAKE HILL COPPER-NICKEL-PGE DISCOVERY AT VOLTAIRE LAKE

Livio Susin, president of Gravity West Mining Corp. (TSX-V: GRW) is pleased to announce that diamond drilling has resumed on the company?s Voltaire Lake property, 150 kilometres north of Thunder Bay, Ontario.

Drilling was suspended in December for a midwinter break. At that point, h ole VL07-10 was at a depth of 354 metres. This hole, the last of a series of holes designed to test the Black Sturgeon fault, will be completed to it s target depth of approximately 400 metres before the drill is moved back t o the ?Drake Hill? area, where massive and disseminated sulphide minera lization with nickel-copper and palladium values was intersected in holes V L07-03A, -04 and -05 (see news release of January 16th, 2008).

The Voltaire Lake property comprises 54,000 acres in the western part of th e Sibley basin. It covers a 35-kilometre length of the Garden Lake greenst one belt, which is completely covered by Sibley sediments and diabase sills , and (at its west end) by heavy overburden. It has never been seen, and h as only minimally been explored for the mineralization it might contain. T he Drake Hill nickel-copper-palladium discovery is the result of three of t he first six diamond drill holes into this ?hidden? greenstone belt. H ole VL07-03A is the only hole so far to test the 700-metre long conductor t hat reflects the massive sulphide zone containing the nickel-copper mineral ization in hole VL07-03A.

The Drake Hill area contains 33 separate airborne conductors, with an aggre gate length of about 12 kilometres, as well as three magnetic anomalies. T he palladium-bearing drill intersection in DDH VL07-03A (1.22 grams/tonne P d over 1.00 metre core length) was in a pyroxenite phase of a mafic to ultr amafic intrusion at the edge of one of these magnetic anomalies, which meas ures approximately 1,000 by 750 metres.

A 3,000 metre diamond drilling program is planned for the Drake Hill area. Drill holes will be targeted to delineate and better define the extent of the mineralized zone intersected in DDH 07-3A, and will initially be guided by the airborne VTEM� survey results. As the program progresses, target s will be refined by ground horizontal loop, magnetic and gravity surveys t o commence once the present line cutting program is complete.

Other operators in the vicinity of the Voltaire Lake property are seeing en couraging results from their exploration programs, with nickel-copper disco veries giving new life to an area that had a reputation based on its histor y as a gold mining district.

A new discovery of nickel mineralization by Benton Resources Corp. on its Ruby Hill showing, announced in a news release of November 23rd, 2007, gave assays up to 0.63% Ni. It is located 65 kilometres west of Drake Hill, on the same belt. In the Beardmore-Geraldton belt, which is essentially an e astward extension of the Garden Lake belt, with most of the intervening are a covered by Lake Nipigon, Kodiak Exploration Ltd. has made a new nickel-co pper discovery on its Sleeping Giant property (news release, January 8th, 2 008) and Sage Gold Inc. is expanding its Jacobus nickel-copper deposit (new s release, January 18th, 2008). These projects are 105 km and 100 km respe ctively from Drake Hill.

About the Sibley Basin

The Voltaire Lake property in the Sibley Basin is primarily a uranium explo ration project, focussed on searching for uranium mineralization at the unc onformity where the Proterozoic-age Sibley sediments rest on the older Arch ean basement rocks. Unconformity-related uranium deposits in the Athabasca basin of Saskatchewan and the Kombolgie basin of northern Australia are of ten extremely high grade and account for a large proportion of the world ?s uranium reserves.

Exploration for unconformity-type uranium involves identifying basement roc k units that are chemical traps for uranium, as well as structures that can act as conduits for mineralizing solutions. In the Sibley basin, the favo urable basement rocks are in the Archean greenstone belts, that contain gra phite, sulphides and magnetite. Archean greenstone belts have proven to be prolific sources of gold, base metals (copper
"zinc"goldɦ 74;silver) and nickel-copper"PGE?s. So as an added bonus, explori ng for uranium in the Sibley basin gives the chance of discovering any of t hese other types of mineral deposit.

Technical information in this news release has been reviewed by Derrick Str ickland, P.Geo., a director of the company and a Qualified Person as define d in NI 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

Livio Susin
President and Director

For more information, please contact:

Livio Susin, President & Director
livio@telus.net
phone 604-687-6875

THE TSX VENTURE EXCHANGE HAS IN NO WAY PASSED UPON THE MERITS OF THESE CONT ENTS AND HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENT OF THIS NEWS R ELEASE. THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSABILITY FOR THE ADE QUACY OR ACCURACY OF THIS RELEASE.

---------------

Ferruccio Susin
Gravity West Mining Corp.
#620 - 470 Granville St.
Vancouver, BC, Canada V6C 1V5
T | 604-687-6875
F | 604-689-5508
E | ferruccio@gravitywestmining.com.



Gravity West Mining Corp.

CODE : GRW.V
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Gravity West Mining est une société d’exploration minière d'or et de cuivre basée au Canada.

Gravity West Mining est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 1,3 millions CA$ (1,0 millions US$, 818 228 €).

La valeur de son action a atteint son plus haut niveau récent le 11 janvier 2008 à 0,39 CA$, et son plus bas niveau récent le 06 mars 2009 à 0,01 CA$.

Gravity West Mining possède 85 564 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Projets de Gravity West Mining Corp.
20/02/2008(Sibley Basin)CUTS MORE SULPHIDE ZONES AND STAKES ADDITIONAL GROUND AT DRA...
22/01/2008(Sibley Basin)RESUMES DRILLING NEW DRAKE HILL COPPER-NICKEL-PGE DISCOVERY ...
Communiqués de Presse de Gravity West Mining Corp.
16/01/2008CUTS 10.75 METRES OF COPPER-NICKEL-PALLADIUM MINERALIZATION
07/01/2008GRW News Release Dec 7, 2008
08/11/2007CUTS MASSIVE SULPHIDES AT VOLTAIRE LAKE
17/10/2007Completes Holland and Hogarth Properties Airborne Survey
25/09/2007program Expands Ground in Sibley Basin Uranium Zone
13/06/2007Dr. Jan Krason Appointed as Senior Technical Advisor
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (GRW.V)FRANKFURT (RJI.F)
0,015-25.00%0,0240
TSX-V
CA$ 0,015
27/02 10:30 -0,010
-25%
Cours préc. Ouverture
0,020 0,015
Bas haut
0,015 0,015
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,015 50,00%
Volume var. 1 mois
51 000 50,00%
24hGold TrendPower© : -36
Produit
Développe
Recherche
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
6,92 AU$-0,65%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 +100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
10,92 US$+7,80%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,59 GBX-1,50%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$+0,00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,25 +4,17%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 +0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
14,47 +2,26%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,30 +3,45%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,22 +0,93%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
2,47 +2,49%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
40,66 US$+0,20%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,06 AU$+10,00%Trend Power :
Sun Res.(Oil)SUR.AX
Released ASX Announcement: Quarterly Activities Report
0,00 AU$+0,00%Trend Power :
Profitez de la hausse des actions aurifères
  • Inscrivez-vous à notre market briefing minier
    hebdomadaire
  • Recevez nos rapports sur les sociétés qui nous semblent
    présenter les meilleurs potentiels
  • Abonnement GRATUIT, aucune sollicitation
  • Offre limitée, inscrivez-vous maintenant !
Accédez directement au site.