Blackheath Continues to Define Skarn Zones in Phase 2 Drilling Program at Covas
19 February 2014 - 12:00AM
Marketwired Canada
Blackheath Resources Inc. (TSX VENTURE:BHR)(FRANKFURT:04B) (the "Company") is
pleased to report drilling results from the Phase 2 drilling program from the
Covas Tungsten Project in northern Portugal. The Phase 2 drilling program
greatly expanded the skarn-related mineral zones in every existing target zone,
as well as discovering a new mineralized zone.
Fourteen diamond drill holes, totaling 1,183 metres, were drilled in five
different target areas: Muito Seco, Lapa Grande, Telheira, Castelo and a new
zone Cerdeirinha/Muito Seco. Step out drill holes varied from 50 to 550 metres
and averaged over 200 metres in distance from previously known mineralization
areas. Results from the first and second phase drilling programs indicate that
there is further potential for extension at all five target areas, and new
geological interpretations from the recent drilling also indicate potential
vectors towards further high grade tungsten zones.
Highlights of the Phase 2 program include 3.05 metres of 1.26% WO3, including
1.05 metres of 2.07% WO3 starting at a depth of 12.75 metres at Muito Seco and
3.25 metres of 0.19% WO3, including 1.25 metres of 0.38% WO3 starting at a depth
of 82.55 metres at Telheira. All holes are vertical drill holes, and intercepts
are considered to represent the true thickness or close to the true thickness of
the mostly flat-lying mineralized zones.
"We are pleased with the results from our Phase 2 drilling program at the Covas
Tungsten Project," said James Robertson, President & CEO of Blackheath
Resources. "Over 90% of the drill holes intercepted tungsten-bearing skarn,
which is very encouraging. This brings us one step closer to our goal of
completing a NI 43-101 resource estimate at Covas, and further drilling will be
required to determine the extent of the tungsten mineralized skarn zones. The
Phase 3 drill program is scheduled for later this year."
----------------------------------------------------------------------------
HOLE SUMMARY
LENGTH INTERCEPT INTERCEPT % EXTENSIONS
HOLE ID EASTING NORTHING (M) DEPTH (M) WO3 DISTANCES
----------------------------------------------------------------------------
CO 22/13 525160 4635105 40.60 28.70 1.00 m @ 0.04% Extended Lapa
WO3 Grande target
over 80 metres
to the SE
----------------------------------------------------------
CO 23/13 525515 4634892 149.50 128.40 2.20 m @ 0.21%
WO3
----------------------------------------------------------------------------
CO 24/13 525030 4634800 40.00 12.75 3.05 m @ 1.26% Extended Muito
WO3 Seco target area
over 200 metres
to the SE
----------------------------------------------------------
CO 25/13 525180 4634670 58.60 N/A Thick skarn no
significant
tungsten
values
----------------------------------------------------------------------------
CO 26/13 524808 4634970 89.40 N/A No skarn - Expanded known
collared in tungsten
lower schist mineralization
550 metres in
new discovery
target area at
Muito Seco /
Cerdeirinha.
----------------------------------------------------------
CO 27/13 524640 4634720 70.10 22.40 2.00 m @ 0.17%
WO3
----------------------------------------------------------
CO 28/13 524780 4634665 41.30 35.50 0.75 m @ 0.15%
WO3
----------------------------------------------------------
CO 29/13 524947 4634658 54.30 13.80 1.80 m @ 0.20%
WO3
----------------------------------------------------------------------------
CO 30/13 524201 4634026 118.10 88.20 1.00 m @ 0.21 Extended Castelo
& and 1.00 m @ target area over
101.20 0.19% WO3 100 metres SW
----------------------------------------------------------------------------
CO 31/13 522720 4635435 105.10 82.55 3.25 m @ 0.19% Extended
WO3 Telheira target
area over 180
metres NW and
130 metres to
the S/SW
----------------------------------------------------------
CO 32/13A 522773 4635244 141.30 125.50 1.00 m @ 0.12%
WO3
----------------------------------------------------------
CO 33/13 522847 4635164 54.30 N/A no significant
tungsten
values
----------------------------------------------------------
CO 34/13 522725 4635514 53.60 N/A no significant
tungsten
values
----------------------------------------------------------------------------
CO 35/13 524525 4633885 166.70 142.30 9.20 m @ Extended Castelo
0.143% WO3 target area over
75 metres SE
----------------------------------------------------------------------------
For further information please visit http://www.blackheathresources.com/s/Covas.asp.
Covas is a past-producing tungsten mine and remaining historic resources on the
property have been estimated at 922,900 tonnes of 0.78% WO3 (tungsten trioxide)
by Union Carbide in 1980, based on work including 329 drill holes on the
property. Mineralization is open to expansion. The price of tungsten has
increased significantly in recent years and is currently approximately $38 per
kilogram of contained tungsten trioxide. (These resources are historic in
nature, prepared by Union Carbide Corp. in 1980 and are considered relevant.
However, a qualified person has not done sufficient work to classify the
historical estimates as current mineral resources and the Company is not
considering the historical estimates as current mineral resources.)
Highlights from the Phase 1 program completed by the Company early in 2013
included high grade tungsten mineralization of 2.11% WO3 over 7.98 metres
starting at a depth of 44.57 metres in Hole CO 7/12 at the Telheira target and
2.89% WO3 over 5.10 metres in Hole CO 13/12 starting at a depth of 52.70 metres
at the Lapa Grande target at Covas, as previously reported. Other results from
the program confirmed extensions of tungsten mineralization in the skarn zones
at Covas. (See news releases dated November 26, 2012 and March 1, 2013 for
details)
The Covas property is located about 100 kilometres north of Porto, Portugal's
second largest city. Blackheath holds the property under an option from Avrupa
Minerals Ltd. to earn up to an 85% interest in a joint venture in the project,
after incurring minimum exploration expenditures of EUR1 million in two stages
to earn a 70% interest followed by completion of a prefeasibility study to earn
the additional 15% interest.
About Avrupa:
Avrupa Minerals Ltd. is a growth-oriented junior exploration and development
company focused on discovery, using a prospect generator model, of valuable
mineral deposits in politically stable and prospective regions of Europe,
including Portugal, Kosovo, and Germany.
About Blackheath:
Blackheath Resources Inc. is listed on the TSX Venture Exchange, and is focused
on the exploration and development of past-producing tungsten mines in Portugal.
Management of Blackheath has previous experience in tungsten mining operations
in Portugal through Primary Metals Inc., the operator of the Panasqueira
Tungsten Mine from 2003 to 2007. Further information about the Company's
activities may be found at www.blackheathresources.com and under the Company's
profile at www.sedar.com.
ON BEHALF OF THE BOARD
James Robertson, President, CEO and Director
This news release was prepared by Company management, who take full
responsibility for its content. Barry J. Price, M.Sc., P.Geo. is a Qualified
Person as defined by National Instrument 43-101 of the Canadian Securities
Administrators. He has reviewed the technical disclosure in this release.
Tungsten analyses were performed by ALS Chemex in Vancouver, Canada using
standard assay techniques.
Neither the 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 PLEASE CONTACT:
Blackheath Resources Inc.
Alexander Langer
604-684-3800
info@blackheathresources.com
www.blackheathresources.com
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