Trading Symbol CIN-CNSX
VANCOUVER, Aug. 19 /CNW/ - Canadian International Minerals Corp. ("CIN"
or the "Company") is pleased to announce that a permit to conduct a 1000
meter diamond drill program on its Carbo Project north of Prince George,
BC, has been issued by the B.C. Ministry of Energy, Mines and Petroleum
Resources. CIN would like to thank all involved in the timely permitting
which was issued in 25 business days which included the McLeod Lake
Indian Band, Mackevoy Geosciences Inc. and Jon Belhumeur.
The company is planning up to 16 short diamond drill holes from up to 8
drill sites. Drill target selection is ongoing, since the company has
recently received preliminary data from its close spaced AeroTEM
III-Radiometric-Mag survey and final processing of these data is under
way. This, combined with ongoing detailed geological mapping and soil
and rock sampling is generating several high potential drill targets.
The airborne survey has confirmed the apparent continuity of lithology
and depositional environment from the adjacent Spectrum Mining rare
CIN is earning a 75% interest in the property located in the emerging
Wicheeda REE carbonatite camp from Commerce Resources Inc (CCE). This
camp is located along the Rocky Mountain trench, a major continental
geologic feature which is now recognized as the locus of numerous
potentially economic, concentrations of rare metals. Much of this
terrain has seen very little exploration incorporating current models
and modern technology.
A technical paper presented at the Minerals South Conference and Trade
Show in late 2009 by C. Graf, P. Eng., R. Lane, P. Geo., and M. Morrison
B.Sc., outlined outstanding exploration results from Spectrum Mining
Corporation's (SMC) contiguous Wicheeda property. Select drill hole
intersections cited in the paper included 48.64 meters of 3.55% combined
rare earth elements (REE), 144 meters of 2.2% combined REEs and 72
meters of 2.92% REEs. All intersection were collared in mineralization
and assays were given in total elemental REEs which understates actual
REE oxide content. No separate analyses were reported for heavy rare
earth elements (HREE).
Mineral analysis on 2009 drill core by Dr. Anthony Mariano, a recognized
authority on REEs, indicated that the primary REEs are contained in
coarse grained monazite and a bastnesite- synchistite-parasite mineral.
Dr Mariano also conducted a bench scale heavy liquid and magnetic
separation study on a composite sample of Wicheeda drill core and was
able to produce a high grade REE concentrate that contained 56.09 wt. %
CIN and CCE`s Carbo claims directly adjoin SMC`s property with the
2008/09 drilling being within 700 meters of the common property
boundary. Previous work conducted on the Carbo claims has identified REE
bearing carbonatite/syenite outcrops as well as significant cerium
bearing soil anomalies and rock samples (Lane 2009, Groat 2009, Guo
2009, Betamis 1987, 1988). These geological units have been confirmed in
June/July of this year by Mackevoy Geoscience Inc. personnel under the
supervision of Professor Lee Groat. Assays results from rock and soil
sampling are pending.
The Carbo property consists of 7 claims totalling an area of 2,778.63
hectares and is accessible by all weather gravel roads. It is
approximately 80km north east of Prince George, B.C.
Deadhorse Creek, Terrace Bay, Ontario
CIN has also signed a contract with Aeroquest Limited to fly a close
spaced AeroTEM III-Radiometric-Mag survey over the Deadhorse Creek (DHC)
property. The purpose of the survey is to develop larger potential REE
bearing zones in areas of shallow overburden and younger volcanics.
Survey is expected to begin before the end of August.
Previous work by Unocal at DHC focused on yttrium and zirconium with no
systematic analyses for other REEs. Trenching revealed narrow widths,
including one meter of 0.187% yttrium oxide (Y2O3) with 9.0% zirconium
oxide (ZrO2) (Knox 1987). A property visit in October, 2009 yielded a
one meter sample assaying 3.18% ZrO2 and 566 g/t hafnium (Hf) as well as
another grab samplewith 2.96 % ZrO2 and 637 g/t Hf. (Arseneau 2009).
As an example of the increasing importance of Hafnium, Intel
Corporation has begun commercial production of its Hafnium based
high-K metal gate 45 nm chips, which has been called by Intel Co-Founder
Gordon Moore "the biggest transistor advancement in 40 years". Though
closely associated with zirconium, very little evaluation of hafnium
exploration potential of mineral deposits has been conducted worldwide
and this will be subject of detailed studies by CIN at DHC.
The DHC property consists of two non-contiguous claim blocks, the Dead
Horse Creek block and the KM 23 block. The two claim blocks total 1,456
ha and are easily accessed via an all-weather dirt road that begins at
Provincial Highway 17, the Trans-Canada Highway, about 43 km east of the
town of Terrace Bay and 25 km west of the town of Marathon in Northern
The Qualified Person who has reviewed the contents of this news release
is Thomas Hasek, P. Eng.
The CNSX has not approved or disapproved the contents of this news
Michael E. Schuss
President and Chief Executive Officer
SOURCE Canadian International Minerals Inc.
For further information: For further information:
CANADIAN INTERNATIONAL MINERALS INC.
Suite 950 - 789 West Pender Street
Vancouver, BC, V6C 1H2
Tel: 604-241-2254 Fax: 604-669-9335