Colombian Mines Collects 1,120 g/T Silver and 9.54% Copper Grab Samples from 8.5 Kilometer Long Geophysical Anomaly at Mercedes
20 February 2014 - 1:00AM
Marketwired
Colombian Mines Collects 1,120 g/T Silver and 9.54% Copper Grab
Samples from 8.5 Kilometer Long Geophysical Anomaly at Mercedes
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 19, 2014) -
Colombian Mines Corporation (TSX-VENTURE:CMJ)(FRANKFURT:X6C)
("Colombian Mines" or the "Company") is pleased to announce results
of recent reconnaissance samples assaying from 935 to 1,120 grams
silver per metric tonne (g/T Ag), 3.88 to 9.54% copper (Cu) and
0.992 to 1.258 grams gold per metric tonne (g/T Au) from samples
collected by crews field checking a newly identified eight and one
half (8 1/2) kilometer long geophysical anomaly along the northern
most belt of mineralization at Mercedes. This new area lies
approximately 2.8 kilometers southeast of, and structurally on
trend from the area where the Company has previously reported
reconnaissance samples to 50 g/T Au, 773 g/T Ag and 26.5% Cu. These
latest results identify an important extension of high grade
mineralization along a major structural corridor, and demonstrate
the importance of airborne geophysics in identifying prospective
targets within the large Mercedes project area.
The samples were collected by crews investigating anomalies
identified in recently announced aero-magnetometry and radiometric
surveys. All samples reported are reconnaissance rock chip and grab
surface samples for geochemical purposes only. Mineralization along
the northern belt is typically found in veins, stock works and
breccia zones that are spatially associated with, and parallel to a
pair of large northwest trending faults forming multiple
intersections with cross faults as seen on the geology map of the
property at http://www.colombianmines.com/Mercedes.asp and a large
linear topographic anomaly known as Yellow Ridge (Fillon Amarillo).
Coincident magnetic and radiometric anomalies identify a zone of
interest at least eight and one half (8 1/2) kilometers long
trending North 45° - 60° West that appears to be more than one (1)
kilometer wide.
As discussed in the Company's previous press releases,
mineralization at Mercedes is thought to occur in three principal
northwest trending belts. High grade gold-silver-copper
mineralization dominates the northern belt, while the central and
southern belts appear to be dominated by silver-copper and copper
mineralization. Importantly, all of the highest gold, silver and
copper values are from this northern belt of mineralization.
About Mercedes:
The 100% owned, Mercedes contract covers a district scale
volcano-sedimentary hosted, intermediate sulfidation epithermal
system with outcropping high grade gold-silver-copper
mineralization. Surface reconnaissance of the principal belt of
mineralization near Fillon Amarillo has returned sample results
from separate samples to 50 g/T Au, 1,120 g/T Ag, and 26.5% Cu over
a zone at least 2.8 kilometers long and roughly 1 kilometer wide.
Work to date indicates at least three similar belts of
mineralization cross the property. Historically, artisanal mining
has exploited bonanza grade gold and copper mineralization, as well
as high purity barite in the region but there is currently no
artisanal mining activity on the property. Epithermal
mineralization appears to be distal to several intrusive complexes
that may host porphyry style gold - copper exploration targets.
Potential may exist to discover high grade, sediment hosted gold -
copper mineralization in carbonate platform sequences known to
underlie the outcropping volcano-sedimentary sequences.
Up Coming Events:
Colombian Mines will be exhibiting at PDAC in Session A, Sunday
and Monday, March 2 and 3 in booth 2215A. The Company will also be
presenting the El Dovio project in the Core Shack Session B,
Tuesday and Wednesday, March 4 and 5, and will be making a
corporate presentation on Tuesday, March 4 at 4:40 PM, Session Gold
- Americas 3, Room 801A, MTCC, South Building.
Mr. Robert G. Carrington, P. Geo, a Qualified Person as defined
by National Instrument 43-101, the President and CEO of the
Company, has reviewed and verified the technical information
contained in this news release.
About Colombian Mines Corporation: Colombian Mines Corporation
is an aggressive exploration and development stage company with a
distinct "first mover" advantage in Colombia. Focused on developing
shareholder value through exploration and development of key
projects, the Company is also one of Colombia's leading "prospect
generators". Further information can be found on our website at
www.colombianmines.com.
Robert G. Carrington, President & CEO
Neither the
TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or
accuracy of this release.
Forward-Looking Statement
Some of the statements in this news release contain
forward-looking information that involves inherent risk and
uncertainty affecting the business of Colombian Mines Corporation.
Actual results may differ materially from those currently
anticipated in such statements.
Colombian Mines CorporationSharon HebginCorporate
Communications(604) 649-9195 - Canada(760) 668-7211 - United
Statesshebgin@colombianmines.comColombian Mines CorporationDave
CrossChief Financial Officer and Corporate Secretary(604)
669-0868dcross@crossdavis.comwww.colombianmines.com
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