Stellar Pacific Ventures Inc. adds to Monster Lake Property in the
Chibougamau Mining Camp Quebec
Property 325 consists of two separate blocks totaling 36 mining cells covering 896 hectares in Rale Township, in Northern
The highlights of Property 325 are the presence of numerous gold occurrences namely, Showing 325 where a surface channel sample reported 12.77 g/t Au over 3.07 metres, Showing Trois Chemin which reported a surface channel sample grading 81.70 g/t Au over 1.0 metres and a drill intersection grading 1.28% Zn over 0.6 metres at Lac Irène.
Property 325 is considered to be an important addition to the Monster Lake Property which constitutes the heart of the former SOQUEM FANCAMP PROJECT. The property covers an extensive 3,342 hectares (33.4 Km2) along a gold corridor outlined by Soquem's work. The Monster Lake Property includes all of the Structure 52, Structure 45, Structure Nouvelle and Structure Eratix discovered by Soquem.
The highlights of the company's MONSTER LAKE PROPERTY are: - A well documented project, developed by SOQUEM from 1985 to 1995 - SOQUEM partially outlined and described a gold mineralized corridor oriented NE/SW over a distance of more than 12 km and identified within the limit of company's property four (4) gold mineralized structures namely, the Structure 52, 45, Nouvelles and Eratix, all showing impressive gold content drill intersections, namely: - 6.10 g Au/ 5.1 m on structure 52 - 14.7 g Au/4.5 m and 5.05 g Au/ 2.9 m. at Annie showing on Structure Nouvelle - 2.09 g Au / 3.2 m. at Structure 45 - 12.16 g Au / 1.85 m. at Eratix structure - More than 12 gold occurrences were identified by showing and trenching ---------------------------------------------------------------------- along the gold corridor within the limits of Monster Lake Property. ------------------------------------------------------------------- - More than 40 drill intersections grading over 1,0 g/t Au. --------------------------------------------------------- - Most of gold occurrences remains open laterally and vertically. --------------------------------------------------------------- A location map of Monster Lake Property as well as a primary compilation map can be seen on the following links: http://files.newswire.ca/834/Stellar.Chibougamau.pdf http://files.newswire.ca/834/Stellar.Monster.pdf
The property is accessible year round from Chibougamau by a major lumber road and by secondary lumber road that crosses the property. The property is a 30 minute drive from the Chibougamau regional airport which has flights daily from
Stellar Pacific ventures can earn 100% of Property 325 by paying the vendor
About Stellar Pacific Ventures
Stellar Pacific Ventures (TSX-V: SPX) is a Canadian-based mining exploration company whose primary mission is to target, explore and develop gold deposits in
Stellar is dedicated to creating wealth by discovering and mining the earth's resources in an efficient and environmentally responsible manner.
The technical content of this press release have been reviewed and approved by M.
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.
For further information: For further information: M. Raymond Cloutier, (514) 866-6299, [email protected]
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