Aurizon Intersects 12.5 Grams of Gold per Tonne Over 11 Metres at Casa
Berardi Confirming Continuity of Zone 120
Shares Listed: Toronto Stock Exchange - Ticker Symbol - ARZ NYSE Amex: - Ticker Symbol - AZK U.S. Registration: (File 001-31893)
The priority of the current program is to delineate inferred mineral resources and transfer those resources to the indicated category by closer-spaced drilling. Part of the current program is focussed along Zone 120, located between a vertical depth of approximately 650 and 1,100 metres, approximately 650 metres east of the West Mine production shaft. Since the results announced on
The results from these new holes confirm the continuity of the mineralization encountered in previous holes and confirms thicknesses over 20 metres in the zone, as in hole CBP-0073 which intersected 8.1 grams per tonne over 24 metres (true thickness). The best results were as follows:
------------------------------------------------------------------------- Mineralized Intersections Hole East From To Gold grade True width (metres) (metres) (metres) (grams/tonne) (metres) ------------------------------------------------------------------------- CBP-0071 12,050 E 183.3 217.8 6.5 30.0 ------------------------------------------------------------------------- CBP-0073 12,025 E 147.5 172.7 8.1 24.0 ------------------------------------------------------------------------- CBP-0103 12,100 E 276.7 293 12.5 11.0 -------------------------------------------------------------------------
The mineralized corridor identified in this area by previous surface and underground drilling programs (see Aurizon news releases dated
"These new holes confirm the continuity in thickness and grade of the Zone and indicate an excellent potential to extend the known mineralized limits further to the east and up dip toward the Principal Zone'', said Jeannot Boutin P. Eng., Mine Geology Superintendant."
Outlook
A drilling budget of
Quality Control
Core assays are performed on core sawed in half, with standard fire assay procedures and atomic absorption finish. Certified reference material, duplicate and blanks are inserted in the sample sequence for quality control. Assay checking on pulp and coarse reject are carried out on approximately 5% of samples. Additional information on Quality Assurance and Quality Control ("QA/QC") can be found in the "Technical Report on the Casa Berardi Mine," dated
Drill hole planning, implementation and the quality control program is supervised by Jeannot Boutin, P.Eng, Mining Geology Superintendant, an appropriately qualified person as defined by National Instrument 43-101.
Additional Information
One sketch is attached showing the Casa Berardi mine. All other information previously released, together with all technical reports on Casa Berardi are available on the Aurizon website at www.aurizon.com.
About Aurizon
Aurizon is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of north-western
Forward Looking Statements and Information
This news release contains "forward-looking statements" and "forward-looking information" within the meaning of applicable securities regulations in
The forward-looking information contained in this news release is based on certain assumptions that the Company believes are reasonable, including, with respect to mineral reserve and resource estimates, the key assumptions and parameters on which such estimates are based, as set out in the technical report for the property, that the current price of and demand for gold will be sustained or will improve, the supply of gold will remain stable, that the general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed on reasonable terms and that the Company will not experience any material accident, labour dispute, or failure of plant or equipment.
However, forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include, among others, conclusions of economic evaluations, the risk that actual results of exploration activities will be different than anticipated, that cost of labour, equipment or materials will increase more than expected, that the future price of gold will decline, that the Canadian dollar will strengthen against the U.S. dollar, that mineral reserves and resources are not as estimated, that actual costs or actual results of reclamation activities are greater than expected; that changes in project parameters as plans continue to be refined may result in increased costs, of unexpected variations in mineral reserves and resources, grade or recover rates, of failure of plant, equipment or processes to operate as anticipated, of accidents, labour disputes and other risks generally associated with mining, unanticipated delays in obtaining governmental approvals or financing or in the completion of development or construction activities, as well as those factors and other risks more fully described in Aurizon's Annual Information Form filed with the securities commission of all of the provinces and territories of
CAUTIONARY NOTE TO US READERS AND INVESTORS
As a British Columbia corporation, the Company is subject to certain rules and regulations issued by the British Columbia Securities Commission ("BC Securities Commission"). The Company is required to provide detailed information regarding its properties including mineralization, drilling, sampling and analysis, security of samples and mineral resource and mineral reserve estimates. Further, the Company describes mineral resources associated with its properties utilizing terminology such as "indicated" or "inferred" which terms are recognized by Canadian regulations but are not recognized by the
Cautionary Note to U.S. Readers and Investors Regarding Mineral Resources
The SEC allows mining companies, in their filings with the SEC, to disclose only those mineral deposits they can economically and legally extract or produce. The Company may use certain terms in this document, such as "mineral resources", "indicated mineral resources" and "inferred mineral resources" that are recognized and mandated by Canadian securities regulators but are not recognized by the SEC.
This News Release may use the term "indicated" mineral resources. U.S. readers are cautioned that while that term is recognized and required by Canadian regulations, the SEC does not recognize it. U.S. readers and investors are cautioned not to assume that any part or all of mineral deposits in this category will ever be converted into mineral reserves.
This News Release may also use the term "inferred" mineral resources. U.S. readers are cautioned that while this term is recognized and required by Canadian regulations, the SEC does not recognize it. "Inferred resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred mineral resource will ever be upgraded to a higher category. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. U.S. readers and investors are cautioned not to assume that part or all of an inferred resource exists, or is economically or legally mineable.
Zone 120 ------------------------------------------------------------------------- Length Gold along Grade True Hole East From To the hole (grams/ width (metres) (metres) (metres) (metres) tonne) (metres) ------------------------------------------------------------------------- (m) (m) (m) (m) Au g/t (m) ------------------------------------------------------------------------- CBP-0070 12050 145 153 8 5.6 8.1 ------------------------------------------------------------------------- CBP-0071 12050 183 218 35 6.5 30.0 ------------------------------------------------------------------------- CBP-0072 12050 272 283 10 4.2 7.5 ------------------------------------------------------------------------- CBP-0073 12000 148 173 25 8.1 24.0 ------------------------------------------------------------------------- CBP-0074 12000 250 254 5 5.4 4.0 ------------------------------------------------------------------------- CBP-0075 12050 301 304 3 3.8 3.0 ------------------------------------------------------------------------- CBP-0077 12000 234 245 11 5.2 7.5 ------------------------------------------------------------------------- CBP-0078 12050 Assays pending ------------------------------------------------------------------------- CBP-0101 12100 272 298 25 7.6 12.0 ------------------------------------------------------------------------- CBP-0103 12100 277 293 16 12.5 11.0 ------------------------------------------------------------------------- Holes with an intercept lower than 3 g/t or a metal factor (grade x width) lower than 10 are CBP-0059, CBP-0060, and CBP-0076.
For further information: For further information: AURIZON MINES LTD., David P. Hall, President and C.E.O., Telephone (604) 687-6600, Toll Free: 1-888-411-GOLD, Fax: (604) 687-3932, Web Site: www.aurizon.com, Email: [email protected]; or Renmark Financial Communications Inc., 2080 Rene-Levesque Blvd. West, Montreal, QC, H3H 1R6, Barry Mire: [email protected]; Maurice Dagenais: [email protected]; Media: Valerie Lacasse: [email protected], Tel: (514) 939-3989, Fax: (514) 939-3717
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