News Releases
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Rusoro Mining News
| | April 19, 2007
Positive Results Continue At Increible 6 Gold Project, Bolivar State, Venezuela
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| | Vancouver, Canada -- Rusoro Mining Ltd. is pleased to provide an update on its exploration activities in Bolivar State, Venezuela which are highlighted by the continued receipt of very positive drill results from the Increible 6 Gold Project.
- Results continue to enhance and expand the previously outlined mineralized zones with a significant new structure identified connecting the Elisa and Cristina Resources. An updated NI43-101 report will be underway shortly.
- All of the main zones at the Increible 6 Project remain open to depth.
- Over 80,000 metres of the 220,000 metres scheduled have been completed with eleven drills currently completing more than 22,000 metres per month on the Company's core projects.
At the Increible 6 Project the Company is very pleased to report that further results have been received for drill hole IC-07-346, of which 6.01 g/t over 46m was previously released. The weighted average of this lower zone now stands at 3.44 g/t over 129.6m and includes:
Table #1 Updated Weighted Averages for DDH IC-07-346
|
Au g/t |
m |
from |
to |
Lower Zone |
3.44 |
129.6 |
392.0 |
521.6 |
incl |
6.23 |
15.0 |
394.0 |
409.0 |
and |
5.30 |
2.0 |
422.0 |
424.0 |
and |
3.87 |
8.0 |
446.0 |
454.0 |
* incl |
6.01 |
46.0 |
459.0 |
505.0 |
with |
6.57 |
10.0 |
460.0 |
470.0 |
and |
7.38 |
26.0 |
479.0 |
505.0 |
*previously reported in news release March 19, 2007
These results are significant as they are an extension of a gold mineralized zone first intersected in previously reported drill hole IEL-160 (2.71 g/t Au over 123.5m). The Company has continued to step out from IEL-160 and IC-07-346 with a series of additional holes adjacent to and on the up dip portion of the structure, which now appears to connect the Elisa and Cristina Zones and form part of the Footwall Zone. Positive results from these holes have been received and are reported below:
Drill Hole |
Type |
Au g/t |
m |
from |
to |
IC-07-375 |
DDH |
3.67 |
7.0 |
139.0 |
146.0 |
IC-07-376 |
DDH |
5.46 |
8.2 |
146.0 |
154.2 |
and |
|
2.47 |
13.0 |
165.0 |
178.0 |
IC-07-377 |
DDH |
2.46 |
21.35 |
132.0 |
153.4 |
IRS-157 |
RC |
2.52 |
12.0 |
23.0 |
35.0 |
NOTES: 1) All thicknesses are core widths / true widths estimated at 75-80%.
2) All weighted averages calculated using uncut assays.
The potential of this new structure lies in its proximity to the existing resource at the Elisa Zone to which it is connected (4.7 Mt @ 3.07 g/t for 465,000 oz indicated and 4.9 Mt @ 2.79 g/t for 440,000 oz inferred), and in the continuity of the structure as it moves closer to surface and toward the Cristina Zone.
The Company views these and other recently received results as very successful in supporting previous results and confirming the size potential of all the zones at the Increible 6 project. All of the main zones remain open to depth. Additional results from further infill and step out drilling in 54 holes (11 diamond drill holes and 43 RC holes) at the four main zones are attached to this news release and will be posted on the Company's website at www.rusoro.com.
Diamond drilling was conducted by Major Drilling of Moncton, New Brunswick, Canada and Core Biel Drilling of Puerto Ordaz, Venezuela. RC drilling was completed by AK Drilling of Peru. All drilling and drill sampling have been completed using industry standard practices. All drill core is described in detail and photographed and one half of the core remains for inspection and reference.
Sample analyses have been conducted at SGS labs and Triad Labs located in El Dorado and El Callao, Venezuela. All sample analyses were completed using industry standard practices and standard samples, blanks and duplicate check samples were randomly inserted into the sample stream to ensure quality control. A review of the QA/QC results shows no significant bias and all results are considered highly reliable. Sample rejects for all drill samples are stored in Rusoro's secure facilities in Tumeremo, Venezuela, and will continue to be available for any further testing which may be required. All QA/QC is completed under the direction of G.F. Smith, P.Geo.
Qualified Person: Mr. Gregory Smith, P.Geo, the Vice-President Exploration of the Company, is the Qualified Person as defined by National Instrument 43-101, and is responsible for the accuracy of this news release.
ON BEHALF OF THE BOARD
"Mario Szotlender"
Mario Szotlender, President
CONTACT INFORMATION
Ross Gatensbury
Tel: 604-682-1545
Fax: 604-682-1514
Toll Free: 1-800-668-0091
Symbol: TSX-V:RML
Email: info@rusoro.com
Website : www.rusoro.com
The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release.
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Increible 6 Gold Project |
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New DDH Drilling Results (19/04/2007) |
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Drill Hole |
Zone |
Au g/t |
m |
from |
to |
|
IC-07-331-A |
Olga/Enoc |
0.28 |
7.0 |
85.0 |
91.0 |
|
IC-07-331-A |
Olga/Enoc |
1.66 |
2.0 |
174.0 |
176.0 |
|
IC-07-332 |
Elisa |
0.70 |
6.0 |
72.0 |
78.0 |
|
IC-07-332 |
Elisa |
0.32 |
3.0 |
273.0 |
276.0 |
|
IC-07-332 |
Elisa |
0.61 |
3.0 |
283.0 |
286.0 |
|
IC-07-332 |
Elisa |
14.14 |
3.0 |
407.0 |
410.0 |
|
IC-07-332 |
Elisa |
0.41 |
2.0 |
419.0 |
421.0 |
|
IC-07-332 |
Elisa |
1.22 |
9.0 |
427.0 |
435.0 |
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IC-07-332 |
Elisa |
2.32 |
2.0 |
511.0 |
513.0 |
|
IC-07-333 |
Olga/Enoc |
0.64 |
1.0 |
127.0 |
128.0 |
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IC-07-334 |
Olga/Enoc |
1.10 |
1.0 |
23.0 |
24.0 |
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IC-07-334 |
Olga/Enoc |
3.95 |
1.0 |
140.0 |
141.0 |
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IC-07-334 |
Olga/Enoc |
1.38 |
3.0 |
176.0 |
179.0 |
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IC-07-335 |
Olga/Enoc |
0.45 |
2.0 |
35.0 |
37.0 |
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IC-07-335 |
Olga/Enoc |
0.48 |
2.0 |
42.0 |
44.0 |
|
IC-07-335 |
Olga/Enoc |
1.42 |
2.0 |
108.5 |
110.5 |
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IC-07-335 |
Olga/Enoc |
1.24 |
9.5 |
146.0 |
155.5 |
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IC-07-336 |
Elisa |
0.69 |
6.0 |
243.0 |
249.0 |
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IC-07-336 |
Elisa |
1.47 |
3.0 |
377.0 |
380.0 |
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IC-07-336 |
Elisa |
2.71 |
78.0 |
393.0 |
471.0 |
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IC-07-336 |
Elisa |
0.46 |
3.0 |
491.0 |
494.0 |
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IC-07-336 |
Elisa |
4.50 |
15.0 |
506.0 |
521.0 |
open |
IC-07-337 |
Olga/Enoc |
0.58 |
2.0 |
0.0 |
2.0 |
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IC-07-337 |
Olga/Enoc |
2.26 |
2.0 |
10.0 |
12.0 |
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IC-07-338 |
Olga/Enoc |
0.90 |
2.5 |
1.5 |
4.0 |
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IC-07-338 |
Olga/Enoc |
1.34 |
14.0 |
51.0 |
65.0 |
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IC-07-338 |
Olga/Enoc |
0.92 |
2.0 |
100.0 |
102.0 |
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IC-07-339 |
Olga/Enoc |
1.54 |
4.0 |
22.0 |
26.0 |
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IC-07-339 |
Olga/Enoc |
8.57 |
2.0 |
83.5 |
85.5 |
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IC-07-340 |
Olga/Enoc |
1.30 |
2.0 |
55.0 |
57.0 |
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IC-07-340 |
Olga/Enoc |
1.13 |
1.0 |
75.0 |
76.0 |
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IC-07-340 |
Olga/Enoc |
1.41 |
0.8 |
110.2 |
111.0 |
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IC-07-340 |
Olga/Enoc |
0.59 |
2.0 |
118.0 |
120.0 |
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IC-07-341 |
Olga/Enoc |
2.94 |
6.0 |
67.0 |
73.0 |
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IC-07-341 |
Olga/Enoc |
2.30 |
9.0 |
80.0 |
89.0 |
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RC Hole |
Zone |
Au g/t |
m |
from |
to |
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IRS -118 |
Elisa |
3.20 |
4.0 |
0.0 |
4.0 |
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IRS -118 |
Elisa |
0.93 |
2.0 |
49.0 |
51.0 |
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IRS -119 |
Elisa |
0.48 |
3.0 |
0.0 |
3.0 |
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IRS -119 |
Elisa |
2.61 |
1.0 |
60.0 |
61.0 |
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IRS -119 |
Elisa |
6.95 |
1.0 |
66.0 |
67.0 |
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IRS -119 |
Elisa |
0.56 |
10.0 |
77.0 |
87.0 |
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IRS -120 |
Elisa |
0.71 |
4.0 |
45.0 |
49.0 |
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IRS -122 |
Elisa |
2.29 |
12.0 |
19.0 |
31.0 |
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IRS -123 |
Elisa |
0.69 |
4.0 |
0.0 |
4.0 |
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IRS -123 |
Elisa |
1.10 |
21.0 |
23.0 |
44.0 |
|
IRS -123 |
Elisa |
0.75 |
10.0 |
51.0 |
61.0 |
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IRS -124 |
Elisa |
1.11 |
1.0 |
45.0 |
46.0 |
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IRS -124 |
Elisa |
0.50 |
2.0 |
56.0 |
58.0 |
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IRS -125 |
Elisa |
1.17 |
9.0 |
0.0 |
9.0 |
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IRS -125 |
Elisa |
1.48 |
15.0 |
35.0 |
50.0 |
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IRS -125 |
Elisa |
3.47 |
15.0 |
55.0 |
70.0 |
open |
IRS -126 |
Elisa |
0.42 |
9.0 |
55.0 |
64.0 |
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IRS -127 |
Elisa |
1.67 |
3.0 |
49.0 |
52.0 |
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IRS -127 |
Elisa |
1.53 |
5.0 |
103.0 |
108.0 |
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IRS -128 |
Elisa |
0.54 |
5.0 |
20.0 |
25.0 |
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IRS -128 |
Elisa |
7.40 |
1.0 |
63.0 |
64.0 |
|
IRS -128 |
Elisa |
3.80 |
35.0 |
82.0 |
117.0 |
|
IRS -129 |
Elisa |
1.03 |
1.0 |
120.0 |
121.0 |
|
IRS -130 |
Elisa |
0.51 |
6.0 |
82.0 |
88.0 |
|
IRS -130 |
Elisa |
1.23 |
11.0 |
96.0 |
107.0 |
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IRS -131 |
Cristina |
1.70 |
1.0 |
186.0 |
187.0 |
|
IRS -133 |
Cristina |
1.35 |
37.0 |
125.0 |
162.0 |
|
IRS -133 |
Cristina |
0.91 |
2.0 |
188.0 |
190.0 |
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IRS -134 |
Cristina |
0.67 |
5.0 |
104.0 |
109.0 |
|
IRS -134 |
Cristina |
0.64 |
3.0 |
160.0 |
163.0 |
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IRS -134 |
Cristina |
1.18 |
14.0 |
176.0 |
190.0 |
open |
IRS -135 |
Cristina |
0.92 |
3.0 |
114.0 |
117.0 |
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IRS -135 |
Cristina |
0.72 |
4.0 |
131.0 |
135.0 |
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IRS -136 |
Cristina |
0.71 |
2.0 |
104.0 |
106.0 |
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IRS -137 |
Cristina |
3.16 |
2.0 |
123.0 |
125.0 |
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IRS -138 |
Cristina |
2.11 |
2.0 |
125.0 |
127.0 |
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IRS -138 |
Cristina |
12.46 |
1.0 |
137.0 |
138.0 |
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IRS -139 |
Cristina |
3.29 |
24.0 |
88.0 |
112.0 |
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IRS -139 |
Cristina |
1.50 |
12.0 |
128.0 |
140.0 |
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IRS -140 |
Cristina |
2.09 |
11.0 |
77.0 |
88.0 |
|
IRS -140 |
Cristina |
0.91 |
18.0 |
91.0 |
109.0 |
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IRS -140 |
Cristina |
6.41 |
1.0 |
124.0 |
125.0 |
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IRS -140 |
Cristina |
0.84 |
10.0 |
130.0 |
140.0 |
open |
IRS -141 |
Cristina |
1.77 |
5.0 |
66.0 |
71.0 |
|
IRS -141 |
Cristina |
0.98 |
3.0 |
131.0 |
134.0 |
|
IRS -141 |
Cristina |
0.93 |
3.0 |
148.0 |
151.0 |
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IRS -142 |
Cristina |
1.19 |
1.0 |
79.0 |
80.0 |
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IRS -143 |
Cristina |
4.14 |
4.0 |
98.0 |
102.0 |
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RC Hole |
Zone |
Au g/t |
m |
from |
to |
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IRS -143 |
Cristina |
1.88 |
5.0 |
117.0 |
122.0 |
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IRS -144 |
Cristina |
0.82 |
5.0 |
103.0 |
108.0 |
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IRS -146 |
Cristina |
1.15 |
2.0 |
39.0 |
41.0 |
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IRS -146 |
Cristina |
0.69 |
2.0 |
54.0 |
56.0 |
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IRS -146 |
Cristina |
3.65 |
10.0 |
65.0 |
75.0 |
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IRS -146 |
Cristina |
0.48 |
5.0 |
121.0 |
126.0 |
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IRS -147 |
Cristina |
2.63 |
37.0 |
50.0 |
88.0 |
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IRS -147 |
Cristina |
1.39 |
1.0 |
94.0 |
95.0 |
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IRS -147 |
Cristina |
1.09 |
3.0 |
105.0 |
108.0 |
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IRS -147 |
Cristina |
1.05 |
7.0 |
112.0 |
119.0 |
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IRS -148 |
Cristina |
0.55 |
3.0 |
0.0 |
3.0 |
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IRS -148 |
Cristina |
2.86 |
12.0 |
31.0 |
43.0 |
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IRS -148 |
Cristina |
1.83 |
1.0 |
78.0 |
79.0 |
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IRS -148 |
Cristina |
1.60 |
2.0 |
93.0 |
95.0 |
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IRS -149 |
Cristina |
5.13 |
16.0 |
71.0 |
87.0 |
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IRS -149 |
Cristina |
1.13 |
1.0 |
102.0 |
103.0 |
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IRS -150 |
Cristina |
0.51 |
2.0 |
35.0 |
37.0 |
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IRS -150 |
Cristina |
13.00 |
6.0 |
51.0 |
57.0 |
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IRS -150 |
Cristina |
0.57 |
3.0 |
62.0 |
65.0 |
|
IRS -151 |
Cristina |
1.25 |
3.0 |
0.0 |
3.0 |
|
IRS -151 |
Cristina |
2.05 |
15.0 |
37.0 |
52.0 |
|
IRS -151 |
Cristina |
0.67 |
12.0 |
55.0 |
67.0 |
|
IRS -152 |
Cristina |
0.61 |
2.0 |
18.0 |
20.0 |
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IRS -153 |
Cristina |
1.30 |
6.0 |
102.0 |
108.0 |
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IRS -154 |
Cristina |
1.38 |
10.0 |
48.0 |
58.0 |
|
IRS -154 |
Cristina |
1.73 |
8.0 |
70.0 |
78.0 |
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IRS -154 |
Cristina |
0.50 |
3.0 |
96.0 |
99.0 |
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IRS -155 |
Cristina |
2.10 |
5.0 |
0.0 |
5.0 |
|
IRS -155 |
Cristina |
1.62 |
6.0 |
14.0 |
20.0 |
|
IRS -155 |
Cristina |
0.49 |
3.0 |
40.0 |
43.0 |
|
IRS -155 |
Cristina |
1.23 |
1.0 |
47.0 |
48.0 |
|
IRS -156 |
Cristina |
0.84 |
5.0 |
0.0 |
5.0 |
|
IRS -156 |
Cristina |
2.10 |
20.0 |
16.0 |
36.0 |
|
IRS -157 |
Cristina |
0.62 |
3.0 |
15.0 |
18.0 |
|
IRS -157 |
Cristina |
2.53 |
12.0 |
23.0 |
35.0 |
|
IRS -159 |
Cristina |
1.29 |
5.0 |
56.0 |
61.0 |
|
IRS -160 |
Cristina |
0.42 |
4.0 |
45.0 |
49.0 |
|
IRS -160 |
Cristina |
0.50 |
17.0 |
57.0 |
74.0 |
|
IRS -160 |
Cristina |
0.56 |
4.0 |
108.0 |
112.0 |
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NOTES: 1) All thicknesses are core widths / true widths estimated at 75-80%.
2) All weighted averages calculated using uncut assays.
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| | You can view the Next News Releases item: Mon Apr 30, 2007, In-Fill Diamond Drilling Confirms Continuity of High Grade Gold Zones
You can view the Previous News Releases item: Thu Mar 22, 2007, Positive Metallurgical Results Received for SREP and Increible 6 Projects
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