Actus Minerals Commences Initial Work on Kayla Property
September 27 2010 - 3:10PM
Marketwired
Actus Minerals Corp. (TSX VENUTRE: AAC) ("Actus") announces that it
has engaged Ram Explorations Ltd. of Vancouver, British Columbia to
undertake an initial data compilation and geologic mapping exercise
on Actus' semi-massive to massive sulphide exploration property in
Levy Township, Abitibi Region, Quebec known as the Kayla property.
The data compilation work will include a review of all of the
historic exploration reports on the Kayla property, a review of
published literature regarding VMS mineralization in the Chapais
District (to define local VMS target signatures and provide a
better understanding of potential target size); construction of a
3D elevation model for the area surrounding the Kayla property;
compilation and 3D modeling of all previous geological,
geophysical, geochemical and diamond drilling carried out on or
adjacent to the Kayla Property; and, preparation of a Chapais
District property map showing known VMS prospects and or historic
mines as well as current areas of interest.
In addition to the drilling completed by Actus in 2008, between
1950 and 1994 the Kayla property underwent airborne and ground
geophysical surveys, soil geochemical surveys, geological mapping
and almost 20,000 feet of diamond drilling in more than 60 drill
holes. The current Independent Technical Report on the Kayla
property notes that exploration work completed by Ojibway Resources
Ltd. in 1994 was designed to evaluate alteration and geophysical
conductor extensions on the Kayla property and exposed
mineralization reported at Zones 1, 2 and 3. The possible down dip
extensions of Zones 1, 2 and 3 are currently the primary targets on
the Kayla property. The report concludes that "the alteration and
the position next to the Bourbeau Sill may represent the footwall
expression of similar lenses of VMS type mineralization in the
Chapais area".
ACTUS MINERALS CORP.
Carl von Einsiedel, President and CEO
This press release includes "forward-looking statements"
including expectations and objectives that are subject to a number
of assumptions, risks and uncertainties, many of which are beyond
the control of Actus. Statements regarding the possibility of VMS
type mineralization on the Kayla property are subject to all of the
risks and uncertainties normally incidental to mineral exploration
including but are not limited to technical risks associated with
mineral exploration including but not limited to the accuracy of
historic exploration and sampling results used in the data
compilation work. Investors are cautioned that any such statements
are not guarantees of future events and that actual developments
may differ materially from those projected in the forward-looking
statements. Such forward-looking statements represent management's
best judgment based on information currently available. Actus does
not assume the obligation to update any forward-looking statement,
except as required by applicable law.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES
PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX
VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
Contacts: Actus Minerals Corp. Investor Relations +1 (604)
638-8067
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