Tres-Or Begins Drilling at Its Advanced Duvay Gold Project, Quebec
06 January 2011 - 11:00PM
Marketwired
Tres-Or Resources Ltd. ("Tres-Or") (TSX VENTURE: TRS) announces
drilling has commenced and small pit tests are underway at the
Duvay Gold Project ("Duvay") in the Abitibi region of northwestern
Quebec. In addition, Tres-Or is pleased to report channel sample
results from the fall 2010 sample program.
Tres-Or Initial Duvay Drill Program
The drill started turning on site Tuesday night (January 4) for
Tres-Or's first drill program at Duvay. During this first phase,
Tres-Or plans to complete up to 1500 metres (12 holes) of drilling
targeting major shear zones and fault structures identified by the
fall 2010 mapping program. Historical results from near these
targeted fault and shear zones include drill intersections of up to
402 grams per tonne (g/t) gold (Au) over 0.36 m, 76.8 g/t Au over
0.46 m, 34.6 g/t Au over 0.43 m, 12.01 g/t Au over 1.53 m, 27.17
g/t Au over 1.14 m, and 16.598 g/t Au over 1.76 m from the drilling
in the 1940s through the 1980s, as reported in reports filed with
Quebec government (see news release dated September 30, 2010 for
further details). Tres-Or cannot confirm the historical drill
results, but Tres-Or surface sample results are consistent with
such high gold concentrations from drill core.
Previously announced surface sampling by Tres-Or include a grab
sample returning 199 g/t gold, 104 g/t Ag, 4.5% Cu and 0.75% zinc,
plus two closely spaced chip samples (over lengths of approximately
0.5 m) yielding 1.07 and 1.12 g/t gold, respectively (see Tres-Or
news release dated December 1, 2010 for further details).
Tres-Or Bulk Testing Program for Coarse Gold at Duvay
Tres-Or is also commencing a program of small bulk tests at
Duvay to account for coarse gold. Ten bulk test pits have been
permitted, with each designed to yield at least 10 tonnes of finely
broken rock. The excavated sample material will be processed on
site for coarse gold and a sulphide concentrate which will be
assayed. The building to house the processing equipment has been
completed on site, and is being outfitted now.
Bulk sample tests for coarse gold have been reported at the
Tres-Or Duvay Gold Project since the 1940s. Review of these bulk
tests reveals significant gold mineralization over a strike length
of more than 500 m, based on historical records in reports filed
with the Quebec government. Some of the best reported bulk sample
results are located on or close to the major northeast fault as
mapped by Tres-Or in the fall of 2010. These bulk sample results
include a 1946 test of 40 tons yielding 7.1 grams per tonne (g/t)
gold (Au), and two 1986 tests yielding 1.10 g/t Au from 1008
tonnes, and 2.81 g/t Au from 1100 tonnes, respectively. Another
significant result is bulk sample 86-1 which yielded 12.81 g/t Au
from 1194.4 tonnes from near Tres-Or's surface samples 3632 (1.07
g/t Au )and 3633 (1.12 g/t Au). For details refer to the Tres-Or
map of the best historical bulk sample results from the Duvay Gold
Project at
http://www.tres-or.com/AnnouncementRetrieve.aspx?ID=26449.
The reported location of the larger bulk tests fit closely with
pits visible on the orthophoto image in Tres-Or's geographical
information system (GIS) database, supporting the undertaking of
these reported tests. Tres-Or cannot confirm the reported pit
sample results and true widths cannot be estimated at this time for
the historical test pits or the reported drill intersections due to
the historical nature of the reports.
Tres-Or Duvay Channel Sample Results
Tres-Or collected 19 surface samples from channels at Duvay,
ranging from 0.60 to 15.00 m in length. The channel samples were
cut with a rock saw across exposed bedrock to test different types
of shear zones, quartz veins, and fault structures detected during
surface mapping. Channels longer than 1.0 m were sampled in lengths
typically of 1.0 m, although individual samples measure from 0.46
to 1.40 m.
Two of the channels yielded significant gold. Composite channel
sample 36947-36954 yielded 0.64 g/t Au over 8.00 m, including a
higher grade interval of 1.65 g/t Au over 2.98 m. This channel is
located at the intersection of west-northwest shear zone with a
strong northeast fault, and between historical pit samples from
1986 that yielded 1.10 g/t Au from 1008 tonnes, and 2.81 g/t Au
from 1100 tonnes, respectively, as described above. A second
channel within the same mapped shear zone, located 350 m to the
southeast, yielded 3.56 g/t Au over 4.02 m (composite of samples
36937-36941), including a high-grade interval in sample 36940
returning 18.3 g/t Au (plus 0.931% Cu, 6.71 g/t silver and 0.477%
zinc).
As with the historical results described above, neither true
widths nor continuity can be estimated for the mineralization
confirmed by Tres-Or's channel samples at this time, but the
samples combined with previously released Tres-Or surface samples
confirm gold mineralization occurs over more than 700 m strike
length within the dominant shear zone at Duvay.
Tres-Or's channel samples were collected by Sementiou Inc.
("Sementiou") which is also contracted to operate the drill and pit
sampling programs. Tres-Or has an Agreement to acquire 100%
interest in the Duvay Gold Project claims from Sementiou by staged
expenditures and establishment of a gold resource compliant with
National Instrument 43-101 (see Tres-Or news release dated May 25,
2010). Analytical work was completed at Activation Laboratories
Ltd. ("Actlabs") in Ancaster, Ontario which is an independent ISO
rated facility for mineral analyses. The samples were first
analyzed for 59 trace elements by aqua regia digestion and mass
spectrometry (AR-MS) at Actlabs. The same lab then completed assays
for Ag, Cu, and Zn for samples which returned high values over the
limits for trace geochem analyses.
Laura Lee Duffett, President and CEO of the Company, a qualified
person by the standards of National Instrument 43-101, is
overseeing the project and is responsible for the scientific and
technical information in this news release.
On behalf of the Board of Directors,
Laura Lee Duffett, President and CEO
Neither the TSX Venture Exchange nor its Regulation Service
Provider (as the term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy of accuracy of
this news release.
Contacts: Tres-Or Resources Ltd. info@tres-or.com
www.tres-or.com
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