Tuesday, March 01, 2011

Mining news; Adroit Hits 185 Meters Massive Sulphide and Increases Drill Programme on Adroit Resources Inc.'s (TSX-V:ADT) Red Vein Volcanogenic Massive Sulphide (VMS) Property

VANCOUVER, BRITISH COLUMBIA - March 1, 2011 (Investorideas.com Mining stocks newswire) - Adroit Resources Inc. (TSX VENTURE:ADT; FRANKFURT:A7V; BERLIN:A7V) - Adroit Hits 185 Meters Massive Sulphide and Increases Drill Programme. Management is pleased to announce that the seventh 617 meter hole, GL 004, of an initial 3,000 meter diamond drill programme has intersected 185 meters of Massive Sulphide in Graphitic Schist on Zone B.
This intersection, together with the drilling programme to date, confirms the exploration approach giving data supporting the model of a cluster of VMS deposits. The massive sulphide intersection does not represent a true deposit width, which is unknown at this time. The first assay results are from samples taken from the first 450 meters of GL 004 and give anomalous values for Copper and Zinc in the Halo area around this massive sulphide intersection and in the first 34 meters of the massive sulphide. A second batch of 114 samples have been taken from the massive sulphide and sent for assaying to the AGAT Laborities, Mississauga, Ontario. These assay results will be published once received and evaluated by the Company's technical team.
In the light of drilling success, the ongoing drill programme has been increased from 3,000 meters to 5,000 meters to test some more of the numerous targets to further extend the understanding of this VMS cluster of deposits.
The massive sulphide mineralization consists essentially of pyrite and is hosted by a graphitic shale interlayered with felsic to intermediate volcanic rocks. The VMS corresponds to a combined EM, MAG, IP and MMI anomaly of which a) only a small portion has been tested by the current programme and b) and of which there are many more untested on the property. Staff will now review/evaluate the results with a view to assess the possibilities to hit an economic deposit within the area. The Company cautions that VMS systems normally contain large quantities of barren or nearly barren pyrite.
The Company plans to continuing to drill Zones A, B and F (with multiple holes in each), within its increased 5,000m drill programme, and, potentially, zones C, D and E following completion of drilling on Zones A, B and F.
The Red Vein 5,936 Ha property is located within the southern part of the Abitibi greenstone belt in the Shining Tree area of northern Ontario and is highly prospective for Copper, Zinc and Gold. The Company's news releases dated December 6 and 20, 2010 refer.
The area has long been an area of intense interest, located in the heart of the exploration triangle of the three large Ontario mining camps of Timmins, (80 km due North), Sudbury, (150 km due South), and Kirkland Lake (75 km Northeast). There are 30 VMS deposits over 200,000 tonnes of massive sulphides within 200Km of the Red Vein property including Kidd Creek in Timmins of 147,880,000 tonnes grading at 2.31% copper, 6.18% zinc and 87 g/t silver and the Horne, H&G Orebodies in Noranda of 53,700,000 tonnes grading at 2.2% copper and 6.10 g/t gold. There are numerous historical copper showings on the property and gold showings abound in the surrounding area. The property is located approximately 10 km north-west of the former Tyranite Gold Mine and 8 km south of the Sothman nickel deposit (see News Release of October 6, 2008).
Doctor Mehmet Taner, Eng., Ph.D. has verified and approved the geological information contained within this news release. Dr. Taner satisfies the requirements of a Qualified Person as defined in the National Instrument 43-101 (Standards of Disclosure for Mineral Projects).
President's comments: 'As the geological evidence increases, my belief that we have a potential discovery on our hands increases. We are drilling a cluster of VMS deposits and the GL 004 drill hole further confirms this.
Adroit Resources Inc. is a mineral exploration company that is currently exploring for Antimony and other metals in Central Italy and diamonds, precious and base metals in the Timmins/Shining Tree/Temagami/Cobalt and Bancroft areas of Ontario, Canada. In addition, Adroit is seeking new precious and base metal projects to add to its expanding portfolio. The Company's issued and outstanding share capital is 97,970,049.
On behalf of the Board of Directors
Graeme Rowland, Chairman and President
Note: The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Contact:
Graeme Rowland
Adroit Resources Inc.
Chairman and President
(604) 688-3304
(604) 682-6038 (FAX)
info@adroitresources.ca
www.adroitresources.ca
(416) 364-3123
Blackwell (Corporate Advisor)
blackwell@tcn.net

No comments: