Final Assays Released for Seneca Weaver Lake Project



    Symbol: CRZ: TSX - V

    VANCOUVER, April 13 /CNW/ - CARAT EXPLORATION INC. (the "Company") is
pleased to provide an update on final results obtained during its winter drill
program on the Seneca property near Mission BC. The Seneca property overlies
the historical Seneca Deposit that is a polymetallic copper-lead-zinc-silver
massive sulphide deposit within highly prospective Middle Jurassic volcanic
rocks of the Harrison Terrane.
    The 2006-07 drilling was conducted in the Weaver Lake area which is
several kilometres east of the Seneca Deposit area that was drill tested in
the 2005-06 program. This is an area that has seen little sustained
exploration effort by past operators. Initial work by the Company has shown
this to be a highly prospective area for potential massive sulphide
mineralization. Stream sediment sampling in 2005 by the Company revealed a
strong and extensive polymetallic geochemical anomaly north of Weaver Lake in
the southeastern portion of the Seneca property. Follow-up prospecting and
geological mapping in this area in the summer and fall of 2006 showed that
there are extensive zones of quartz-sericite-pyrite alteration with associated
zinc and copper sulphides outcropping at surface.
    The 2006-07 drill program was designed to test two of these altered zones
within an area of 750 metres by 200 metres. A total of 2879 metres of drilling
were completed in 10 drillholes. Drilling intersected wide areas of locally
strong hydrothermal alteration and associated stringer to locally semi-massive
sulphides in a package of andesitic and dacitic volcanic rocks and
interlayered sedimentary rocks. These stringer zones are predominantly made up
of pyrite and chalcopyrite (copper sulphide) but locally contain notable
amounts of sphalerite (zinc sulphide).
    Assay results received to date have confirmed these field observations.
Results from the first two holes, WL06-01 and -02, were included in an earlier
news release from February 8, 2007 and included a 3.0 metre wide interval in
hole WL06-02 that graded 2.7% Cu and 12.5 g/t Ag from 82.5 to 85.5 metres
depth including a higher grade 1.0 metre interval grading 4.9% Cu.
    The balance of the assay results have been received from Pioneer Labs of
Richmond BC. These results have been very positive. For example, drill hole
WL06-04 contained a 2.3 metre interval from 97.9 to 100.2m that averaged
3.5% Cu and 0.3% Zn. This included a 1.5m interval from 97.9 to 99.4 that
graded 5.3% Cu, 0.41% Zn and 24.8 g/t Ag. Drill hole WL06-05 featured an
interval of 9.0m from 6.4 to 15.4m that averaged 0.77% Zn. A second zone of
zinc enrichment was encountered in hole 05, a 6.9m interval from 217 to 223.9m
that assayed 1.59% Zn. WL06-06 yielded an interval of 4.0m from 10.0 to 14.0m
that averaged 0.69% Zn. Hole WL06-07 contained a copper rich zone from 38.6 to
40.4m that averaged 1.1% Cu over 1.8m. A zinc rich 2.0m interval from 210.5 to
212.5 was assayed down hole from this and produced 2.89% Zn. WL06-08 contained
a similar zinc rich horizon at a depth of 195.0 to 206.7 that averaged
0.56% Zn over 11.7m. No significant mineral intercepts were encountered in
WL06-03, WL06-09 or WL06-10. A summary of all the significant intercepts from
the 2006-07 program are included in the table below:


    
    -------------------------------------------------------------------------
                      From       To      Length      Cu        Zn        Ag
    Drillhole          (m)       (m)       (m)       (%)       (%)      (g/t)
    -------------------------------------------------------------------------
     WR06-02          53.6      59.7       6.1      0.77      0.02       3.1
    -------------------------------------------------------------------------
      incl.           55.6      56.6       1.0      2.18      0.03       9.2
    -------------------------------------------------------------------------
                      82.5      85.5       3.0      2.70      0.03      12.5
    -------------------------------------------------------------------------
      incl.           83.5      84.5       1.0      4.86      0.03      22.3
    -------------------------------------------------------------------------
     WR06-04          97.9     100.2       2.3      3.48      0.28      16.5
    -------------------------------------------------------------------------
      incl.           97.9      99.4       1.5      5.28      0.41      24.8
    -------------------------------------------------------------------------
     WR06-05           6.4      15.4       9.0      0.43      0.77       1.9
    -------------------------------------------------------------------------
                     217.0     223.9       6.9      0.21      1.59       1.1
    -------------------------------------------------------------------------
     WR06-06          10.0      14.0       4.0      0.25      0.69       1.1
    -------------------------------------------------------------------------
     WR06-07          38.6      40.4       1.8      1.10      0.01       7.1
    -------------------------------------------------------------------------
                     210.5     212.5       2.0      0.06      2.89       0.1
    -------------------------------------------------------------------------
     WR06-08         195.0     206.7      11.7      0.07      0.56       0.8
    -------------------------------------------------------------------------
    


    The drill results in this new area are very encouraging. The Company
geologists believe that these altered zones are consistent with a hydrothermal
feeder zone to a potential volcanic-hosted massive sulphide deposit and will
potentially serve as pathfinders to overlying massive sulphides. The
geological units hosting this alteration and mineralization are similar in
nature to those hosting the high grade massive sulphide mineralization at the
Seneca Deposit to the west. Additional altered zones in the Weaver Lake area
have been identified and will be targeted with future exploration efforts as
well as the horizons higher in the volcanic package above the altered zones
that hold the best potential for high grade massive sulphide discovery.
    The geological information reported herein is approved by Paul McGuigan,
P. Geo., a qualified person and Director of Carat Exploration Inc.

    
        On behalf of The Board of Directors of Carat Exploration Inc.

                             "Paul J. McGuigan."
                             -------------------
                     Paul J. McGuigan, P. Geo., Director

    This document contains certain forward looking statements which involve
known and unknown risks, delays, and uncertainties not under the corporations
control which may cause actual results, performance or achievements of the
corporation's to be materially different from the results, performance or
expectation implied by these forward looking statements.

    -------------------------------------------------------------------------
     This release has been prepared by management - TSX Venture Exchange
        has not reviewed and does not accept responsibility for the adequacy
                      or accuracy of this news release.
    

    %SEDAR: 00021487E




For further information:

For further information: AGORACOM Investor Relations
http://www.agoracom.com/IR/Carat, CRZ@agoracom.com

Organization Profile

CARAT EXPLORATION INC.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890