New Map of the Three Important Zones of the Carolay Property.pdf
Two Samples of 178.3 g/t Ag and 153.7 g/t Ag
TORONTO, Dec. 3, 2012 /CNW Telbec/ - (TSXV: SSM) (BVL: SSM) Sunset Cove Mining (The "Company") is very pleased to announce that
five previously unknown historic adits into the Carolay Vein have been
discovered by prospecting and surface mapping. These adits provide an
additional 450 meters of strike length to the main Carolay Vein.
"The discovery of an additional 450 meters of surface strike length for
the Carolay Vein to the northwest of the main adit is extremely
encouraging and is another strong indicator of the size, persistence
and quality of the Carolay vein system , " said Lorne Woods President
of Sunset Cove. "This type of exploration development is typical of
small scale historic Peruvian mining. Each of these adits would more
than likely have been constructed to obtain a small bulk sample from
the main Carolay Vein and has provided us with access for further
The Company is awaiting results for over 350 samples collected from the
newly identified adits, which should be announced shortly. Sunset Cove
has received preliminary assay results for channel samples collected
from the adit NV3062, which has yielded up to 153.7 grams per tonne
(g/t) silver (Ag) over 0.27 meters and 178.3 g/t Ag over 0.19 meters
from two separate channel samples..
The five mine entrances and their respective historic adits are
described as Mine Entrance Nv3020, Mine Entrance Nv3025, Mine Entrance
Nv3040, Mine Entrance Nv3062 and Mine Entrance Nv3070. The numerals
reflect the meters above sea level location of each adit. The Company
has undertaken maintenance in all of the mine entrances in order to
avoid any future collapses while mapping and sampling.
These adits are important to Sunset Cove because they allow observation,
mapping and sampling of the main Carolay Vein over many different
elevations and at significant distances from the main underground
development. The adits and associated underground lateral drifts
provide access to primary vein mineralization that is not affected by
surface weathering and therefore will provide a more reliable
assessment of the overall true grade of the main Carolay Vein. In our
experience, underground sampling of the veins tends to yield higher and
more reliable grades than surface sampling. The vein has been mapped
inside all the lateral drifts and it represents the same structural
feature as the main Carolay Vein. The mapping combined with 3D modeling
indicates that the main Carolay Vein extends over 400 meters along
strike and at higher elevations than was first known. These discoveries
and the new mapped strike extent of the main Carolay Vein structure
spatially correspond to a strong IP chargeability anomaly ("Anomaly
1"), which extends from the current mapped workings a further 600
meters to the northwest.
The historic workings along the Carolay Vein structure demonstrate that
there was intense mining activity over a number years and that the
historic Peruvian miners were searching for and mining along the
surface trace of the Carolay Vein. Traditionally historic Peruvian
miners worked very rich precious metal veins, and thus to find this
number of adits and lateral drift developments indicates that Carolay
Vein structure was an important historic mining area. The Company plans
to continue the surface prospecting, mapping and sampling along the
strike of the Carolay Vein structure in the hopes of identifying and
further sampling more historic workings. The detailed underground
sampling of these historic workings in combination with selected drill
hole intercepts will be used to calculate a maiden mineral resource
that will then allow the Company to proceed to future decisions for
bulk sampling and mining feasibility work.
A description of the adits follows:
Mine Entrance Nv3020
The adit here measures 1.15 m in average width and it is 1.25 m tall and
7.25 m deep; the adit has collapsed and it was constructed along the
strike of the Carolay Vein.
Here the Carolay Vein measures 0.40 m in average width, has a strike of
320° and a dip of 37° to the north. The vein is composed of quartz,
iron-oxide (30%) and manganese (20%) veinlets, disseminated jarosite
(2%), calcite veinlets (1%) and milky quartz veinlets (1%). The
enclosing host volcanics show strong silicification.
Mine Entrance Nv3025:
The adit here measures 1.10 m in average width and it is 1.10 m tall by
over 50 meters deep. It was constructed along the strike of the Carolay
Here the Carolay Vein measures 0.50 m in average width, has a strike of
320° and a dip of 37° to the north. The vein is composed of quartz,
iron-oxide (35%) and manganese (20%) veinlets, disseminated malachite
(1%), hematite veinlets and disseminated hematite (2%), calcite
veinlets (1%), disseminated muscovite (2%) and milky quartz veinlets
(1%). The enclosing host volcanics display a quartz-sericite alteration
and moderate silicification with brecciaed texture.
Mine Entrance Nv3040:
The adit here measures 0.67 meters in width and it is 1.10 meters tall
and 10.80 meters deep. It also was constructed along the strike of the
Here the Carolay Vein measures 0.40 m in width, has a strike of 320° and
a dip of 40° to the north. The vein is composed of quartz, iron-oxide
(20%) and manganese (22%) veinlets, disseminated jarosite (filling
cavities) (1%), milky quartz veinlets (1%), calcite veinlets and
disseminated calcite (1%). The enclosing host volcanics display
moderate silicification and brecciaed texture.
Mine Entrance Nv3062:
The adit here measures 1 meter in average width and 1.40 meters in
average height. So far we know the adit is 15.60 deep and it is blocked
by a rock fall. It was constructed along the strike of the Carolay
Here the Carolay Vein measures 1.10 meters in average width, has a
strike of 315° and a dip of 42° to the north. The vein is composed of
quartz, iron-oxide (8%) and manganese (6%) veinlets, disseminated
pyrite (1%), disseminated sphalerite (1%), marmatite veinlets (1%),
disseminated jarosite (1%), baryte crystals (1%), milky quartz veinlets
(1%). The enclosing host volcanics display moderate silicification.
We have taken a total of 23 channel samples in 10 channels in this adit.
Once of the channel samples returned 178.3 g/t Ag, 0.07% copper (Cu),
6.21% lead (Pb) and 0.70% zinc (Zn) over a width of 0.19 meters, with
another channel sample yielding 153.7 g/t Ag, 0.17% Cu, 1.46% Pb and
0.95% Zn over a width of 0.27 meters.
Mine Entrance Nv3070:
The adit here and measures 1.30 meters in width and it is 1.40 meters
tall and 11.20 meters deep. It was constructed along the strike of the
Here the Carolay Vein has an average width of 0.35 m, has a strike of
320° and a dip of 41° to the north. The vein is composed of quartz,
iron-oxide (18%) and manganese (15%) veinlets, disseminated jarosite
that fills cavities (1%) and milky quartz veinlets (1%). The enclosing
host volcanics display moderate silicification.
New Map of the Three Important Zones of the Carolay Property
Quality Assurance - Quality Control
The Carolay property exploration program is under the supervision of Mr.
Michael Dufresne., M.Sc., P.Geo. of APEX Geoscience Ltd. 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.
About Sunset Cove - Sunset Cove Mining Inc., is a dynamic Canadian junior mineral
exploration and development company dedicated to driving shareholder
value through the economical acquisition, exploration and development
of precious metals properties in proven Latin American locations to the
point where they become attractive joint venture or acquisition
targets. Sunset Cove is in Peru now, because now is the time to be in
Peru, and has a wholly owned Peruvian subsidiary, Minera Sunset Del
Peru S.A.C based in Lima, and is building a Peruvian mining portfolio
in precious metals.
Some of the statements contained herein may be forward-looking
statements that involve known and unknown risks and uncertainties.
Results presented in this press release are exploratory in nature.
Historical data, if mentioned, should not be relied upon, as they are
not admissible under NI 43-101 rules and the Company has not conducted
sufficient testing to verify this type of information. Without
limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of the
Company are forward-looking statements that involve various degrees of
risk. The following are important factors that could cause the
Company's actual results to differ materially from those expressed or
implied by such forward-looking statements: changes in the world-wide
price of mineral commodities, general market conditions, risks inherent
in mineral exploration, risks associated with development, construction
and mining operations, the uncertainty of future profitability, and the
uncertainty of access to additional capital. Sunset Cove disclaims any
obligation to update any such forward-looking statements.
"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."
PDF available at: http://stream1.newswire.ca/media/2012/12/03/20121203_C5518_DOC_EN_21462.pdf
SOURCE: SUNSET COVE MINING INC.
For further information:
Lorne Woods, President, Sunset Cove Mining
(877) 234-0692; ext. 250 email@example.com