Aurizon Mines Ltd. - Infill drilling extends Principal zone mineralization at
Casa Berardi
Shares Listed: Toronto Stock Exchange - Ticker Symbol - ARZ NYSE Amex: - Ticker Symbol - AZK U.S. Registration: (File 001-31893)
The current exploration program at Casa Berardi is focussing on the discovery of new lenses and increasing mineral resources. One of the current targets is Zone 124, located within the Principal area, one kilometre east of the West Mine production shaft.
Underground drilling from the 280 metre level exploration drift has completed sixteen (16) new holes on a 50 metre spacing. The drill program is targeting two parallel mineralized structures that have over 100 metres of strike and 250 metres of vertical extension between a depth of 100 metres (4,900 m elevation) and 350 metres (4,650 elevation). Sixteen (16) new mineralized intersections out of thirty (30) had a metal factor (grade x width) of greater than 10.
The best results reported for Zones 124-1 and 124-2 were 59.4 grams of gold per tonne over 7.0 metres in hole CBP-0062 and 16.2 grams of gold per tonne over 4.2 metres in hole CBP-0056, respectively, which indicate high grade trends within the zones, a feature that is similar with Zones 113 and Lower Inter, which contain the bulk of the current mineral reserves. Results of all holes are reported in the attached table.
In Zones 124-1 and 124-2, mineralization is in the form of an array of near vertical veins and stockworks with widths of several metres, enclosed in strongly altered and deformed volcanic or conglomerate units. The mineralized lenses are approximately 20 to 30 metres apart, at a distance of approximately 80 metres (Zone 124-1) and approximately 100 metres (Zone 124-2) from the Casa Berardi fault. Graphitic schist and brittle fault zones are minor in comparison with mineralization along the Casa Berardi fault.
"The continuity of the quartz veins on Zone 124 indicates potential to extend mineral reserves east of the current production shaft", said Jeannot Boutin P. Eng., Mine Geology Superintendant.
Outlook
A budget of
Ten drill rigs are active on site, of which, two rigs are currently drilling from the 280 metre level exploration drift to better define and test the depth extension of the current mineral resources in the Principal area. An updated mineral resource estimate is expected to be completed at year end.
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 ., Mine Geology Superintendant at Casa Berardi and a "qualified" person under 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.
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
------------------------------------------------------------------------- Zone 124-1 Length along Gold True Hole East From To the hole grade Width (metres) (metres) (metres) (metres) (grams/tonne)(metres) ------------------------------------------------------------------------- CBP-0038 12481 243 246.2 3.2 6.4 3.0 ------------------------------------------------------------------------- CBP-0039 12474 233.3 235.9 2.6 4.9 2.6 ------------------------------------------------------------------------- CBP-0040 12415 196.9 200 3.1 22.5 3.0 ------------------------------------------------------------------------- CBP-0051 12411 215.7 217.2 1.5 15.4 1.3 ------------------------------------------------------------------------- CBP-0052 12438 215.9 217.9 2.0 17.3 2.0 ------------------------------------------------------------------------- CBP-0053 12424 221 222.3 1.3 14.5 1.0 ------------------------------------------------------------------------- CBP-0054 12435 229.2 233.6 4.4 9.0 4.0 ------------------------------------------------------------------------- CBP-0062 12496 285 292.7 7.7 59.4 7.0 ------------------------------------------------------------------------- CBP-0063 12502 277.5 281.2 3.7 6.2 3.6 -------------------------------------------------------------------------
In Zone 124-1, holes CPB-0036, CPB-0041, CPB-0049, CPB-0055, CPB-0056 and CBP-0061 have returned results below the metal factor (grade x width) threshold of 10 and are not listed on the table.
------------------------------------------------------------------------- Zone 124-2 Length along Gold True Hole East From To the hole grade Width (metres) (metres) (metres) (metres) (grams/tonne)(metres) ------------------------------------------------------------------------- CBP-0036 12489 278 289.2 11.2 4.8 8.0 ------------------------------------------------------------------------- CBP-0041 12415 183.1 186.4 3.3 14.8 3.0 ------------------------------------------------------------------------- CBP-0048 12409 184.2 192.9 8.7 5.8 8.0 ------------------------------------------------------------------------- CBP-0049 12411 180.5 188.5 8.0 6.0 8.0 ------------------------------------------------------------------------- CBP-0055 12443 208.6 210.6 2.0 8.8 1.5 ------------------------------------------------------------------------- CBP-0056 12444 215 220.2 5.2 16.2 4.2 ------------------------------------------------------------------------- CBP-0061 12492 332.8 339.8 7 5.7 5.2 -------------------------------------------------------------------------
In Zone 124-2, holes CBP-0038, CBP-0040, CBP-0051, CBP-0052, CBP-0053, CBP-0054, CBP-0062 and CBP-0063 have returned results below the metal factor (grade x width) threshold of 10 and are not listed on the table.
To see map, please see URL: http://files.newswire.ca/734/Sketch_NR102609.pdf
For further information: For further information: AURIZON MINES LTD., David Hall, President and C.E.O., Telephone: (604) 687-6600, Toll Free: 1-888-411-GOLD, Fax: (604) 687-3932; Michel Gilbert, Executive Vice President, Operations, Telephone: (819) 874-4511, Fax: (819) 874-3391, 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, François Trépanier, [email protected], Tel: (514) 939-3989, Fax: (514) 939-3717
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