Inter-Rock Nevada Mineral Property Update
June 04 2009 - 2:27PM
Marketwired
Sentinel Project
Inter-Rock Minerals Inc. (TSX VENTURE: IRO) ("Inter-Rock")
announced in November, 2008 that it had completed a soil sampling
program at its mineral property in Humboldt County, Nevada. The
Sentinel property is located in northern Humboldt County, Nevada
approximately 80 miles northwest of Winnemucca. Inter-Rock holds 22
claims covering 440 acres. No royalties or lease payments are
associated with the property.
Australian Ores and Minerals (AOM) discovered gold
mineralization at Sentinel in the 1990's by follow-up field
examination of Geoscan Mk. II airborne multispectral scanner
anomaly. Their work comprised geological mapping, a closed space
soil geochemical program, analysis of rock chip, trench, and road
cut samples, and ground geophysical studies. Approximately 984 soil
samples on 100 foot grid spacing and 1,160 rock chip samples in the
area were collected and analyzed. The rock chip geochemistry
returned gold to 7.0 ppm, silver to 39 ppm, arsenic to 690 ppm, and
mercury to 9.7 ppm. The soil samples showed gold up to 2.1 ppm with
large areas of plus 100 ppb. One trench reportedly revealed a zone
of 90 feet grading 1.2 ppm gold.
Mapping and interpretation by AOM suggests that the Sentinel
gold prospect occurs in and around a Cretaceous biotite
granodiorite stock that has intruded a series of Permian
metavolcanics and metasediments. The stock is several thousand feet
long. The stock and country rock were later intruded by latite
porphyry dikes. NE-SW and NW-SE shear structures with cross cutting
faults are also present in the stock. The Permian rocks are locally
hornfelsed and pyrrhotized adjacent to the biotite granodiorite and
latite porphyry intrusive bodies.
Both the intrusive and sediment/volcanic package contain
numerous areas of cross-cutting veinlets, stockworks, and veins of
silica, calcite, and iron oxides. Hydrothermal alteration is
prevalent throughout the anomalous spectral feature with
phyllic/argillic alteration up to 50% quartz and 50% sericite. The
alteration and mineralization are indicative of a moderate depth
hydrothermal system.
In late 2008, Inter-Rock completed a soil sampling program at
the Sentinel property. A total of 230 samples were gathered on a
100 foot grid at both the northern section of the property and at
the southern boundary of a previously outlined anomalous gold zone.
The Inter-Rock soil sampling program confirmed the presence of
three anomalous (greater than 30 ppb Au) zones, where a gold
anomaly was defined as a zone containing several contiguous samples
containing greater than 30 ppb gold. All three zones had been
identified as anomalous gold zones by AOM in their previous
sampling program.
Anomaly #1 occurs in the northwest of the property and coincides
with the interpreted contact zone between the biotite granodiorite
stock and the Permian volcanic series. It measures approximately
500 feet by 700 feet. Gold values in soils are greater than 30 ppb
with a central zone greater than 50 ppb and a peak value of 163
ppb. Most of the samples in this anomaly had mercury values greater
than 10 ppb; the peak value was 24 ppb. Arsenic is present at
greater than 40 ppb over the entire anomaly, with over half of the
anomaly greater than 320 ppb, and a peak value of 567 ppb. Silver
was greater than 0.3 ppm over most of the anomaly, with a peak
value of 5.0 ppm. The highest grade fifteen-foot channel sample
results from two trenches and one roadcut within this area were
0.138, 0.104, and 0.058 oz Au/ton respectively.
Anomaly #2 occurs in the north-central part of the property and
coincides with the latite porphyry dikes. This zone measures about
400 feet by 600 feet. Gold values in soil are greater than 30 ppb
with a central zone of about 100 feet by 100 feet with values
greater than 100 ppb; the peak value is 295 ppb. Mercury values
range from background levels to greater than 20 ppb. Arsenic is
also anomalous, with values greater than 40 ppm, but the arsenic
anomaly is about 300 feet to the west of the main gold anomaly.
Silver is present in anomalous concentrations over most of the
zone, with typical values around 0.3 ppm and a peak value of 4.3
ppm.
Anomaly #3 is in the southern part of the property in an area
that is not as well mapped as the northern part. It appears to be
within the biotite granodiorite stock or close to its contact with
the Permian metavolcanic/metasedimentary unit. The anomaly is
approximately 300 feet by 200 feet. Soil gold values are greater
than 30 ppb with a peak value of 100 ppb. Mercury is greater than
10 ppb, with peak values of 21 ppb. Arsenic is not as prevalent as
in anomalies #1 and #2, with typical values around 10 ppm. Silver
is present at around 0.2 ppm, with a peak value of 0.5 ppm. The
highest bedrock gold value on the property encountered to date is a
15-foot trench channel sample located in this zone that ran 0.205
oz Au/ton.
All soil samples in Inter-Rock's program were collected from the
B horizon. The samples were analyzed by BSI Inspectorate, an
ISO9001 certified lab located in Sparks, NV. The analyses were
performed using fire assaying with aa finish for Au, cold vapor/aa
for Hg, and aqua regia digestion followed by aa analysis for Ag,
As, Cu, Pb, Sb, and Zn.
Planning for a first phase reverse circulation drilling
exploration program is in progress and will be followed by permit
application.
To date, there has been insufficient exploration to define a
mineral resource and Inter-Rock cautions that there is a risk that
further exploration will not result in the delineation of a
resource.
Stingaree Valley Project
Inter-Rock drilled a three-hole, reverse circulation program at
the Stingaree Valley Property, located about 45 miles East of
Fallon, NV, during February 2009. The drill holes were sited to
test three different geophysical targets identified in recent
surveys conducted for Inter-Rock by Zonge Geosciences Inc., of
Sparks, Nevada and in earlier surveys conducted by others, and to
verify a significant grade Au assay reported from an older hole
drilled by J.R. Simplot Company. The geophysical anomalies were
well explained by the drilling results and a thin Ag-Pb vein was
intersected in one of the holes, but only one Au intercept (20 ppb)
was encountered in the program. All analyses were performed by
BSI-Inspectorate, an ISO9001-certified lab located in Sparks, NV.
Au was determined by fire/aa finish, Ag by fire/gravity, and other
elements by MS/ICP. Following the receipt of check assay results
confirming the original results, the decision has been made not to
renew the property lease.
Douglas H. McGibbon, MS Geol, a Certified Professional Geologist
(CPG) with the American Institute of Professional Geologists and a
Qualified Person under NI 43-101, has reviewed and approved the
technical content of this news release. Mr. McGibbon has worked in
exploration for gold and other commodities in Nevada and elsewhere
for 30 years.
Certain information regarding Inter-Rock including management's
assessment of future plans and operations, may constitute
forward-looking statements under applicable securities laws and
necessarily involve risks associated with mining exploration and
development, volatility of prices, currency fluctuations,
imprecision of resource estimates, environmental and permitting
risks, access to labour and services, competition from other
companies and ability to access sufficient capital. As a
consequence, actual results may differ materially from those
anticipated in the forward-looking statements.
Contacts: Inter-Rock Minerals Inc. Michael B. Crombie, Ph.D.
President (416) 367-3003 (416) 367-3638 (FAX) iro@on.aibn.com
Inter Rock Minerals (TSXV:IRO)
Historical Stock Chart
From Dec 2024 to Jan 2025
Inter Rock Minerals (TSXV:IRO)
Historical Stock Chart
From Jan 2024 to Jan 2025