Inter-Rock RNY Mineral Property Update
January 27 2011 - 9:58AM
Marketwired
Inter-Rock Minerals Inc. (TSX VENTURE: IRO) ("Inter-Rock")
announces results from an exploration drilling program at its
wholly-owned RNY Project in Humboldt County, Nevada. The RNY
Project is located in Humboldt County, approximately 80 miles north
of Winnemucca, Nevada. Inter-Rock holds 22 claims covering 440
acres. No royalties or lease payments are associated with the
property.
The drill program comprised 8 reverse circulation drill holes
totalling 1,070 feet (326 m.). All the holes were duplicate-sampled
on 5' intervals, with the samples analyzed by BSI Inspectorate in
Sparks, NV, an ISO 9001:2008 certified laboratory. Each of the
holes returned contiguous intervals greater than 0.001 oz Au/ton.
Gold mineralization is present both in Permian Happy Creek
metasediments and in Cretaceous granodiorite.
Holes 10-05 and 10-06 were the most significantly mineralized. A
continuous 35' interval in hole 10-05 averaged 0.008 oz Au/ton at
20-55' from surface (including 0.044 from 30-35'). Hole 10-06
contained a continuous 45' interval from 20 to 65' averaging 0.006
oz Au/ton and included 0.022 oz Au/ton (from 40-45') and 0.019 oz
Au/ton (from 55-60') intercepts. Holes 10-02 and 10-04 bottomed in
0.003 and 0.001 oz Au/ton respectively, leaving the mineralized
zones open at depth.
The drilling generally shows an association of anomalous Au with
elevated As and fluffy Fe oxide in the host rocks, as well as with
fracturing and bleaching of the host rocks. Clay and sericite
alteration are also commonly associated with the Au. Hg is
generally low, as are Ag and base metals, although a nearby area is
highly anomalous in Hg without Au.
The present drilling explores only a small portion of the area
of the property hosting anomalous gold. The best surface assay from
another part of the property that was not drilled was a 15' trench
sample averaging 0.205 oz Au/ton.
Inter-Rock considers these and previous results sufficiently
encouraging to warrant further exploration of the property.
Planning is underway for the next phase of work.
To date, there has been insufficient exploration at RNY 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.
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 over 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 labor 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.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Inter-Rock Minerals Inc. Michael B. Crombie, Ph.D.
President (416) 367-3003 (416) 367-3638 (FAX) iro@on.aibn.com
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