Today's Top SOA Links
From the Wires
Regal Announces Underground Sampling Results
By: Marketwired .
Jan. 17, 2013 01:28 PM
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/17/13 -- Regal Resources Inc. (the "Company" or "Regal") (CNSX:RGR) is pleased to announce the completion of an underground sampling and geologic mapping program on the company's 100% owned Sunnyside property in Santa Cruz county, Arizona. This initial phase of the work program focused on 17 historic open adits and 8 shaft dumps.
The underground sampling and mapping program incorporated detailed surveying of each adit. Sampling was carried out on 6 metre (20 feet) intervals or less. A total of 201 samples were collected from over 1220 metres (4000 feet) of historical workings. An additional 32 samples were collected from open cuts, shaft dumps and trenches. The shaft dumps were hand trenched to collect representative samples and the trenches and open cuts were chipped along their lengths at 6 metre (20 feet) intervals or less. Seventeen samples were collected from narrow, high grade mineralization confined to veins or fault zones. These samples were collected to determine the effects on the larger 6 metre (20 foot) sample lengths.
Copper values ranged from 13 ppm to 46,200 ppm (4.62%) from the underground sampling program and the silver ranged from 0.1 ppm to 223 ppm (223 grams per ton). This work identified several significant areas of mineralization hosted in brecciated material. Over 10% of the 251 samples collected contained copper values ranging from 1% to 11.05%. Highlights of the program included the BB adit which had an average grade of 1.26% copper and 8 g/t silver over a length of 60+ metres (200 feet (10 samples)) where upon the adit terminated. The Sunnyside adit contained 0.51% copper and 2.3 g/t silver over a length of 180+ metres (600 feet (30 samples)).
This program has been instrumental in providing evidence of near surface Cu-Ag-Au-Mo mineralization associated with multiple episodes of brecciation and faulting. Clear evidence of copper enrichment in the form of chalcocite was evident within several of the adits throughout the property (see pictures on the website). Further analysis of the mapping and sampling will assist in refining drill targets to be tested in the 2013 drill season. A detailed report is being prepared for the company. This report, a list of all samples and a topographical map will be posted on the website as it is completed.
The technical information in this release has been reviewed and approved by Mr. Herb Duerr, P. Geo. a 'qualified person' as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Duerr is the qualified person responsible for the company's current work program conducted on the Sunnyside Property.
About Regal Resources Inc. www.regalresinc.com
Regal Resources Inc. is a junior mineral exploration and development company based in Vancouver, Canada. The Company is focused on the development and acquisition of copper projects in the copper producing state of Arizona. The Company is currently focused on its exploration copper/silver property, the Patagonia (Sunnyside) property, located near Nogales, Arizona. Regal Resources is listed on the Canadian National Stock Exchange (CNSX) under the symbol (RGR).
This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change, except as required by law.
Web 2.0 Latest News
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
SYS-CON Featured Whitepapers
Most Read This Week