Gentor Resources and Al Fairuz Mining announce further near-surface high grade sulphide intersections from the Mahab 4 VMS copper deposit in Oman

 

New drill results include:
B5MB4D070 - 24.04 metres @ 6.32% Cu, 0.49 g/t Au, 1.10% Zn & 24.2 g/t Ag from 12.42 metres of primary/supergene massive sulphide
B5MB4D071 - 56.85 metres @ 6.21% Cu, 0.22 g/t Au, 0.90% Zn & 10.4 g/t Ag from 63.15 metres in massive and semi-massive sulphide

TORONTO, Jan. 31, 2012 /CNW/ - Gentor Resources, Inc. ("Gentor" or the "Company") (TSX-V - "GNT" & OTCQB - "GNTO") announces further strong results from their on-going evaluation drilling of the Mahab 4 "Cyprus-type" volcanogenic massive sulphide copper discovery in Oman.  Infill diamond drilling at approximately 25 metre spacing, mainly in the northern and central parts of this shallow body, has confirmed the continuity of high grade massive sulphide above a lower grade stringer zone.  Although in its original position, the final shape of the deposit shows marked faulting.

Evaluation drilling of the Mahab 4 deposit is now close to completion.  This press release reports the assay results of a further ten drill holes, B5MB4D70 to B5MB4D91 - summarized in Table 1.  The remaining evaluation drill holes have been logged and sampled with final assay results expected during February/March 2012. Following receipt of all drill assay information, an independent resource consultant will be mandated to conduct a preliminary resource estimation on the Mahab 4 deposit.  From the discovery of Mahab 4 in 2010, until mid-January 2012, Gentor has drilled 51 diamond drill holes for 6,179.73 metres at Mahab 4.

Drill focus will now switch to Maqail South where Gentor discovered a second massive sulphide deposit in 2010 and up until the end of 2011 has drilled 16 diamond holes for 1,692.58 metres.

An active regional exploration and drilling programme will continue in the Block 5 and 6 Oman tenements in 2012.

Location plans of the Oman concessions, the key prospect areas and reported drill holes on sections are found accompanying this press release on the Company's web site: http://www.gentorresources.com/s/NewsReleases.asp?ReportID=504627

Gentor's President & CEO Dr. Peter Ruxton commented: "The infill evaluation drilling programme at Mahab 4 has enabled us to better define the irregular shape of this near-surface, high grade massive sulphide body and to construct a wire frame geological model in preparation for resource estimation.  Further drilling will focus at Maqail South in combination with our continued regional exploration effort to expand our potential resource base in Oman."

TABLE 1.  Summary of Mahab 4 Significant Intersections from Nov 2011- Jan 2012.

Hole No. From To  Intercept  Copper  Gold   Zinc   Silver   Mineralization 
Mahab 4 m m m % g\t % g/t Type
                 
B5MB4D070 12.42 36.46 24.04 6.32 0.49 1.10 24.2 MS
including: 12.42 26.44 14.02 5.65 0.64 0.90 32.5 MS Supergene
and: 42.00 44.00 2.00 1.00 0.04 0.10 1.5 QVS
and: 55.20 59.27 4.07 1.50 0.06 0.10 3.2 QVS
                 
B5MB4D071 63.15 120.00 56.85 6.21 0.22 0.90 10.4 MS/SMS
including: 63.15 84.99 21.84 7.10 0.30 1.50 18.1 MS
                 
B5MB4D074 Reported Previously
                 
B5MB4D075 91.00 96.34 5.34 7.84 0.22 1.20 6.0 MS
                 
B5MB4D077 68.64 71.36 2.72 0.81 0.15 1.60 6.7 UMB/MS
                 
B5MB4D079 96.00 105.00 9.00 0.44 0.04 0.10 1.4 QVS/SMS
and 124.00 130.35 6.35 0.40 0.04 0.00 1.4 QVS
                 
B5MB4D082 82.45 116.00 33.55 0.55 0.09 0.90 3.7 MS/QVS
including: 82.45 83.80 1.35 3.84 0.29 5.70 18.8 MS
and including: 99.00 109.00 10.00 0.76 0.14 0.90 5.3 QVS/BXA
                 
B5MB4D083 45.15 88.44 43.29 3.62 0.24 0.90 11.8 MS/SMS/QVS
including: 45.15 70.00 24.85 5.12 0.31 0.80 15.6 MS/SMS
and including: 70.00 86.00 16.00 1.79 0.13 0.80 6.5 SMS/QVS
                 
B5MB4D084A 11.90 24.50 12.60 0.02 2.52 0.00 16.2 GOS
and: 24.50 86.00 61.50 2.08 0.14 0.70 7.7 MS/SMS/QVS
including: 24.50 40.95 16.45 5.29 0.39 1.70 19.9 MS/SMS
including: 24.50 33.00 8.50 6.55 0.65 2.70 31.8 MS Supergene
and: 108.60 116.00 7.40 1.50 0.04 0.00 3.2 MS/QVS
                 
B5MB4D088 133.87 142.00 8.13 4.67 0.12 0.70 9.4 MS
                 
B5MB4D091 129.50 147.67 18.17 5.18 0.16 0.80 10.0 MS

(Codes: MS = Massive Sulphide, SMS = Semi-Massive Sulphide, QVS = Quartz Vein Stringer, GOS = Gossan, UMB = Umber, BXA = Breccia)

TABLE 2. Core holes completed at Mahab 4 (Nov 2011 to Jan 2012)

Hole No  Section   Easting   Northing    Dip     Azim    Length 
(m)
B5MB4D084 1a 468758 2656163 60 255 27.05
B5MB4D084A  1a 468758 2656165 60 255 140.56
B5MB4D086 3 468638 2656205 55 075 157.85
B5MB4D088 5 468670 2656314 71 075 149.00
B5MB4D089 5a 468663 2656335 75 075 154.70
B5MB4D091 4a 468670 2656314 67 095 157.80
B5MB4D093 4 468663 2656254 60 065 153.60
B5MB4D095 4 468663 2656254 70 065 162.45
B5MB4D097 2 468708 2656181 65 075 100.75
B5MB4D100 2 468676 2656167 76 075 142.15
B5MB4D103 0 468677 2656060 65 055 100.00

Note: Reference is made to Table 2 of Gentor's press release dated November 14, 2011 for the above type of information relating to holes B5MB4D070 to B5MB4D083.

Summary

Recent drilling at Mahab 4 has now better defined the dimensions of this wedge-shaped, northerly plunging, fault-controlled deposit that may have been formed in a graben at the contact between the footwall Geotimes pillow lavas and the overlying Lasail Unit pillowed sequence. The Mahab 4 deposit, as defined, has a strike of approximately 330 metres between Sections 1S to 5aN, is cut off by faults at both ends and lies underneath a moderately west dipping reverse fault - the Main Fault (see Figure 1).

The deposit is also constrained to the east by northerly trending linear structures that may have originally been sea-floor growth faults that controlled deposition of the mineralization.  The Mahab 4 body is exposed at surface south of Section 2 and is represented by a narrow gold gossan (12.6 metres @ 2.52 g/t Au in hole B5MB4D084A from depth of 11.90 metres) developed above supergene enriched massive sulphides that plunge shallowly to the north - see the long section in Figure 2.  Infill drilling on five intermediate 25 metre sections was required to determine ore shapes for wire frame geological modeling (for example see cross sections in Figures 3-5) and to provide additional core for initial metallurgical testing of ore types - currently in-progress.

Potential faulted extensions of Mahab 4 along strike to the north and south are possible and will be evaluated by using ground geophysics and drilling.

Qualified Person

The exploration results disclosed in this press release have been reviewed, verified (including sampling, analytical and test data) and compiled by Dr. Peter Ruxton, who is a Professional Member of the Institute of Materials, Minerals and Mining (I.M.M.M.), the Company's President and Chief Executive Officer and a "qualified person" (as such term is defined in Canadian National Instrument 43-101 as promulgated by the Canadian Securities Administrators).

Technical Report

Additional information with respect to the Company's Omani properties is contained in the technical report prepared by Venmyn Rand (Pty) Ltd, dated December 31, 2010 and entitled "National Instrument 43-101 Independent Technical Report on Block 5 and Block 6 Copper Projects, Semail Ophiolite Belt, Sultanate of Oman held by Gentor Resources, Inc."  A copy of this report can be obtained from SEDAR at www.sedar.com.

About Gentor

Gentor is a mineral exploration company whose projects include copper and gold properties in the Sultanate of Oman and a molybdenum-tungsten-silver property in East Central Idaho, U.S.  The Company's strategy is to create shareholder value by developing highly prospective mineral properties around the globe, with current focus in the Sultanate of Oman.  In Oman, Gentor is partnered with Al Fairuz Mining Company LLC on its Block 5 exploration tenement and Al Zuhra Mining Company LLC on Block 6.

Cautionary Notes

Forward-Looking Information: This press release contains forward-looking information. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding drilling and other exploration results, potential mineral resources, potential mineralization and the Company's exploration and development plans) are forward-looking information. This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, risks related to the exploration stage of the Company's properties, the possibility that future exploration results will not be consistent with the Company's expectations, changes in world copper or gold markets and equity markets, political developments in Oman, uncertainties relating to the availability and costs of financing needed in the future, the uncertainties involved in interpreting exploration results and other geological data and the other risks involved in the mineral exploration business. Forward-looking information speaks only as of the date on which it is provided and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

The United States Securities and Exchange Commission (the "SEC") permits mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. U.S. investors are cautioned not to assume that any disclosure of mineralization contained in this press release is economically or legally mineable. U.S. investors are urged to closely consider all of the disclosures in the Company's reports filed pursuant to the United States Securities Exchange Act of 1934 which may be secured from the Company, or from the SEC's website at http://www.sec.gov/edgar.html.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Image with caption: "FIGURE 1 - Mahab 4 geological plan showing drill holes, geology and mineralised intervals. (CNW Group/Gentor Resources Inc.)". Image available at: http://photos.newswire.ca/images/download/20120131_C8116_PHOTO_EN_9462.jpg

Image with caption: "FIGURE 2 - Mahab 4 geological long section showing drill holes, geological interpretation and mineralised intervals. (CNW Group/Gentor Resources Inc.)". Image available at: http://photos.newswire.ca/images/download/20120131_C8116_PHOTO_EN_9463.jpg

Image with caption: "FIGURE 3 - Mahab 4 geological cross section - Section 3a - showing drill holes, geological interpretation and mineralised intervals. (CNW Group/Gentor Resources Inc.)". Image available at: http://photos.newswire.ca/images/download/20120131_C8116_PHOTO_EN_9464.jpg

Image with caption: "FIGURE 4 - Mahab 4 geological cross section - Section 4 - showing drill holes, geological interpretation and mineralised intervals. (CNW Group/Gentor Resources Inc.)". Image available at: http://photos.newswire.ca/images/download/20120131_C8116_PHOTO_EN_9465.jpg

Image with caption: "FIGURE 5 - Mahab 4 geological cross section - Section 4a - showing drill holes, geological interpretation and mineralised intervals. (CNW Group/Gentor Resources Inc.)". Image available at: http://photos.newswire.ca/images/download/20120131_C8116_PHOTO_EN_9466.jpg

SOURCE Gentor Resources Inc.

For further information:

please visit our website at www.gentorresources.com, or contact: Dr. Peter Ruxton, President & CEO, United Kingdom Tel: + 44 (0) 7786 111103; or Arnold T. Kondrat, Executive Vice President, Toronto, Ontario, Tel: + 1 (416) 366 2221 or + 1 (800) 714 7938

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Gentor Resources Inc.

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