Resumen: Sunset Cove terminó la primera perforación de la campaña de este año. Se logró excavar exitosamente a 508 metros de profundidad en el "Drill-hole 007" (DDH7), logrando superar la profundidad esperada. Adicionalmente, dicho hoyo de perforación atravesó tres estructuras minerales, siendo la más importante de ellas Carolay Vein, encontrándose 228m bajo la superficie. También se descubrió una nueva estructura a 181m, alcanzando una medida real de 1 metro de ancho.
El presidente de Sunset Cov, Lorne Woods, dijo que la conclusión de su primera perforación le ha dado a su equipo técnico información relevante acerca de las estructuras geológicas, en Carolay. La compañía espera resultados del núcleo en las próximas semanas.
La preparación de una segunda perforación está siendo desarrollada y probablemente se inicie pronto. Dicha excavación atravesará las estructuras de minerales conocidas dentro de la propiedad Carolay desde otro ángulo.
Asimismo, la empresa ha decidido dejar de lado la opción de exploración de Azulculcna, debido a que dicha propiedad no cuenta con los requerimientos de exploración de la compañía.
Sunset Cove Mining Reports Completion of the First Drill-Hole at Carolay Silver Property
TORONTO, May 22, 2012 /CNW Telbec/ - (TSX: SSM) (BVL: SSM) The first drill-hole of this year's diamond drill campaign has been completed. Drill-hole 007 was successfully drilled to a depth of 508 meters and has completely crossed the targeted #1 I.P. Anomaly. Additionally DDH-007 intersected three structures of which the most important of these being the Carolay Vein at 228 meters down-hole and the Carolay 1 Vein at 282 meters down-hole. A new structure was also discovered at 181 meters down-hole measuring 1 meter in true width.
"The completion of this first hole is providing the technical team with significant information on the geological structures on the Carolay property," said Lorne Woods president of Sunset Cove. "The logging of the core has confirmed that we have multiple mineralized zones."
Sunset expects the results of the assaying of the core to be ready within the next few weeks.
The preparation of the second DDH is underway and it should be collared shortly. It is expected to take less time to complete as the effects of the rainy season have ended. The second hole is designed to cross the know structures at a different angle and will provide more information to Sunset Cove.
Below is a brief description of the three structures intersected in DDH-007:
The new vein was found from181.32m - 182.78 meters down-hole. It is described as a 1.46 meter wide milky quartz structure cut by 5% marmatite veins (an iron zinc sulphide and variety of sphalerite).
The Carolay vein was intersected between 228.67 and 229.47 metres down-hole and was found to contain 8 to 10% iron oxide minerals and marmite within quartz veins plus 5% disseminated silver suphides.
The Carolay 1 vein was intersected between 282.75 - 283.25 metres down-hole. The vein appears to be a hydrothermal breccia with its matrix composed of small marmatite veins to 8%, iron oxide veins to 8%, subangular polymictic fragments with an average size of 2.5cm, present calcite dissemination 3%, weak siliceous cement and moderate quartz-sericite alteration.
In addition Sunset wished to announce that it has dropped the option to the Azulculcna property it had. Upon more due diligence the company decided that the property did not fit the companies exploration requirements.
Quality Assurance - Quality Control
The Carolay property exploration program is under the supervision of Mr. Alain-Jean Beauregard P.Geo. of Geologica Inc. an independent consultant and Qualified Person as designated by National Instrument 43-101 who has reviewed the technical content of this release. Mr. Bratzon Salvador, Operations manager, supervises exploration at Sunset Cove's projects. All technical information for the company's projects is obtained and reported under a formal quality assurance and quality control (QA/QC) program.
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