Normabec Cuts 828 g/t Ag (24 oz/t) Over 6.10 Metres on its Real de Catorce Property in Mexico
May 05 2008 - 9:15AM
Marketwired
MONTREAL, QUEBEC (FRANKFURT: N6M) ("Normabec" or "the Company"),
through its wholly owned Mexican subsidiary Minera Real Bonanza
S.A. de C.V. ("MRB"), is pleased to announce additional results
from its on going surface and underground drilling programs on the
Veta Madre and Refugio structures at the Real de Catorce Silver
project in north-central Mexico (see VetaMadre-LongitudinalSection
at http://media3.marketwire.com/docs/carte1.pdf).
The best intercepts of the past month were obtained from the
Veta Madre Purisima oreshoot in VMP-23 (828 g/t Ag over 6.10 m) and
from the Refugio vein in VMP-22 (411 g/t Ag over 19.61 meters)
which represents a horse tail type of structure to the Veta Madre
Structure.
Drilling of the Purisima oreshoot first crosses Refugio then
reaches the Veta Madre target (see underground-drilling-Section map
at http://media3.marketwire.com/docs/carte2.pdf). Refugio is a
sub-vertical east-west striking vein which merges at its western
end with Veta Madre. In many instances, drilling does not intercept
the Refugio vein at an ideal angle such that the horizontal width
of the intersection mentioned above in hole VMP-22 is estimated at
3.5 meters.
Underground Drilling:
The results below (in tabular form), relate to the ongoing
drilling program that is being carried out to delineate the depth
extension of the Purisima oreshoot.
--------------------------------------------------------------------------
DRILL FROM TO WIDTH Ag COMMENTS
HOLE m m m g/t (oz/t)
--------------------------------------------------------------------------
VMP-20 146.45 148.00 1.55 134 (3.91) Refugio vein
VMP-21 16.39 17.23 0.84 540 (15.75) Hangingwall vein
126.30 128.10 1.80 287 (8.37) Refugio vein
Refugio vein(incl. 3.05 m of
VMP-22 95.14 117.80 19.61 411 (11.99) stope)
VMP-23 79.12 82.60 3.48 265 (7.73) HW Refugio vein
223.20 229.30 6.10 828 (24.15) Veta Madre (low Pb and Zn)
Hole VMP-23 is the westernmost hole drilled to date on the
Purisima oreshoot indicating that the shoot is still open in that
direction (see VetaMadre-Purisima-drilling-results map at
http://media3.marketwire.com/docs/carte3.pdf) Holes VMP-20 and 22
yielded low grade values in the Veta Madre structure. Drill hole
VMP-21 was abandoned, before reaching Veta Madre, while attempting
to cross an open stope within the Refugio vein. The Refugio vein is
developing as a significant structure and will become a priority
target in the future.
Surface Drilling:
The following table shows the latest results obtained from
surface drilling along a productive portion of the Veta Madre
structure.
DRILL FROM TO WIDTH Ag COMMENTS
HOLE m m m g/t (oz/t)
--------------------------------------------------------------------------
VMS-25 162.75 166.60 3.85 139 (4.06) Veta Madre
VMS-26 142.45 147.50 3.35(i) 330 (9.63) Veta Madre (incl. 1.7 m of
stope)
VMS-27 110.10 111.35 1.25 572 (16.69) Veta Madre HW
121.90 125.50 3.60 427 (12.46) Veta Madre
VMS-28 110.85 118.35 5.00(i) 227 (6.62) Veta Madre(incl. 2.5 m of
stope)
VMS-29 211.30 215.90 4.60 205 (5.98) Veta Madre
VMS-30 215.80 219.60 3.80 165 (4.81) Veta Madre
VMS-31 234.55 242.00 5.85(i) 172 (5.02) Veta Madre (incl. 1.6 m of
stope)
(i) The mineralized intercepts are located on both sides of an open stope
Hole VMS-26 is the easternmost hole drilled to date from surface
on Veta Madre while holes VMS-29, 30 and 31 are the deepest in that
portion of the vein (see VetaMadre-surface drilling-results map at
http://media3.marketwire.com/docs/carte4.pdf). The structure
remains open in all directions.
Some open stopes have been intersected in holes VMS-26, 28 and
31 and VMP-22. The results shown above represent the average grade
of the footwall and hangingwall portions to the mined out
areas.
The process of the 43-101 resource estimate was started during
the month. This calculation should include surface holes VMS-01 to
VMS-40 and Purisima holes VMP-01 to VMP-27 although many results
are still pending. The company wishes to complete this study for
the beginning of the summer. Approximately 50% of the Veta Madre
structure, which reaches 1.5 kilometers in strike length, has been
covered from surface down to the 150 metres level while lest than
20 % has been covered at depth in the sulphide zone.
Samples were prepared and assayed at Chemex Lab of Guadalajara,
Mexico. Methods used are Au-ICP21 for gold and ME-ICP41 for multi
elements including silver. Detection limits for Ag are 0.2 - 100
ppm. Silver values higher than 100 ppm are submitted to method
AG-AA46 consisting of aqua regia digestion with ICP-AES or AA
finish (up to 1,500 ppm Ag). QAQC was performed using two silver
standards and one blank being introduced alternatively (every 25
samples). Duplicates are being performed by the laboratory.
This press release was reviewed and approved by Pierre O'Dowd,
geologist and qualified person as defined by NI 43-101 of the
Canadian Securities Administrators.
Normabec is a junior mining exploration company with a portfolio
of advanced projects including: the Pitt Gold project in Quebec and
Real de Catorce Silver project in Mexico.
The TSX Venture Exchange has neither approved nor disapproved
the contents of this press release.
Contacts: Normabec Mining Resources Ltd. Robert Ayotte,
President 450-441-9177 info@normabec.com www.normabec.com Normabec
Mining Resources Ltd. Louis Morin Director of Investor Relations
514-591-3988 louis.morin@normabec.com
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