Amseco Obtains High Values in Gold, Silver, Copper and Zinc in James Bay
16 September 2011 - 11:30PM
Marketwired
Amseco Exploration Ltd. (TSX VENTURE: AEL). The management of
Amseco is pleased to announce assay results of its rock sampling
that have been conducted on the properties of James Bay. On
Yasinski, high gold values obtained ranged up (less than 30.72 g /
t Au), silver (less than 260 g / t Ag), copper (less than 6.14%
Cu), zinc (less than 3.12% Zn) and lead (less than 8.86% Pb). On
Chika, high gold values up (less than 11.7 g / t Au), were
obtained.
The following tables show the best metal values.
----------------------------------------------------------------------------
Chika - Best Assay Results
----------------------------------------------------------------------------
Type NoEch. Au Au Ag Cu Cu Zn Zn Pb Pb
Methode FA-GEO FA-GRAV AAT-7 AAT-7 AAT-8 AAT-7 AAT-8 AAT-7 AAT-8
Unite ppb g/t ppm ppm % ppm % ppm %
MinDL 5 0,03 0,2 2 0,01 2 0,01 2 0,01
----------------------------------------------------------------------------
R 66003 5420 5,55 9,8 55 1193 71
R 66004 9468 9,70 12,8 85 1449 92
R 66008 4907 4,87 2 135 119 28
R 66009 6098 6,31 3,1 146 345 34
R 66014 4845 4,11 0,7 40 117 11
R 66015 4400 4,39 2,5 55 1230 212
R 66020 3229 3,39 0,4 64 128 17
R 66026 2306 2,47 1,8 88 313 70
R 66027 4601 4,77 0,5 72 235 32
R less
than
66032 2635 2,74 0.2 61 37 13
R 66033 3538 3,77 0,2 143 11 11
G greater
66039 than DL 11,07 0,3 25 65 17
----------------------------------------------------------------------------
Yasinski - Best Assay Results
----------------------------------------------------------------------------
NoEch. Au Au Ag Cu Cu Zn Zn Pb Pb
Methode FA-GEO FA-GRAV AAT-7 AAT-7 AAT-8 AAT-7 AAT-8 AAT-7 AAT-8
Unite ppb g/t ppm ppm % ppm % ppm %
MinDL 5 0,03 0,2 2 0,01 2 0,01 2 0,01
----------------------------------------------------------------------------
G greater
66043 6658 6,82 1,6 than DL 2,35 815 815
G 66047 5070 5,25 105,3 5421 83 90
G greater
66049 1195 1,27 120,3 than DL 1,71 426 249
G 66065 9675 9,81 105,3 344 7586 2049
G 66066 3797 3,77 15,7 266 2275 135
G 66092 3705 3,87 54,3 5460 327 114
G greater greater
66093 than DL 30,72 185 than DL 4,72 2584 327
G greater
66094 4056 4,11 82,9 than DL 1,93 823 130
G greater
66095 7038 7,13 257,1 than DL 6,14 3346 780
G greater
66097 9605 9,81 136,4 than DL 2,3 1549 251
G greater greater
66099 than DL 18,93 118,6 than DL 1,26 734 364
G greater
66101 than DL 10,45 25,9 3392 522 85
G greater
66112 1226 1,23 126,1 1104 than DL 1,22 8901
G greater greater
66121 1294 1,23 260,3 723 than DL 2 than DL 8,86
G greater
66122 397 76,2 485 than DL 3,12 2,73
----------------------------------------------------------------------------
(R = channel sample, G = Grab sample)
Yasinski property is located 70 km south of the town of
Radisson. The exposed rocks are of Archean age and consist of
basalt, quartzite and polygenic conglomerates. A total of 81 rock
samples were collected within an area measuring 2000 m by 300 m of
mineralized zones that had previously been identified between the
years 1959 and 2008. The mineralization occurs in sulphidevein lets
and disseminations in altered zones and quartz veins injecting
mainly quartzites. Mineralization consists of pyrite, pyrrhotite,
chalcopyrite, sphalerite and argentiferous galena.
CHIKA property is located near the hydroelectric plant LG-3.
Rocks observed are also Archean. The mineralized zone consists of a
shear zone hosting milky quartz veins with tourmaline, which cuts a
gabbro unit. Mineralization, previously reported with the quartz
veins, consists of pyrite and pyrrhotite primarily. The sampling
area is 60 m by 5 m. A total of 42 rock samples were collected from
the mineralized zone that was identified previously between 1996
and 1998. Amseco has also acquired additional claims covering
unexplained geophysical anomalies that were identified in previous
work.
The sampling program was carried out by a team led by Roger
Moar, geologist and qualified person as defined by NI 43-101, and
on the "CIM Exploration Best Practices Guidelines". The Laboratoire
Expert of Rouyn-Noranda performed sample analysis. The analysis for
gold by fire assay was performed and the concentration of gold was
determined by atomic absorption. The minimum detection limit is 5
ppb. Samples with values greater than 1000 ppb are reanalyzed by
gravimetric analysis and the results were reported in "g / t Au."
All samples with values greater than 3.00 g / t have been
reanalyzed at least once. The analysis of other metals was carried
out by digestion with nitric acid and hydrochloric acid and
concentration of elements was determined by atomic absorption.
Jean-Pierre Cloutier, P. Geo, a director of Amseco Exploration
Ltd., reviewed this press release and is a Qualified Person as
defined by NI 43-101.
The management of Amseco is enthusiasm for these results.
Already, a second phase of work is anticipated with optimism. The
geological context of each of these properties, the high gold
values obtained, the current price of gold and other metals
increases the potential to explore each of these properties.
Contacts: Jean Desmarais President Amseco Exploration Ltd.
(AEL.V) 514 284-5111 514 284-6111 (FAX) Cell : 514 898-5326 /
jeandesmarais@amsecoexploration.com www.amsecoexploration.com
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