News release via Canada NewsWire, Toronto 416-863-9350
Attention Business Editors:
Cogitore Provides Update on the Scott Lake and Lemoine Property
TORONTO, February 12/CNW/ - Cogitore Resources Inc. (the "Company") (WOO: TSX-V) is pleased to provide an update on its exploration programs at the Company's 100% owned Scott Lake and Lemoine Projects in Quebec. Drilling will resume at Scott Lake once other Cogitore projects, which can be better accessed during the winter months, are completed.
SCOTT LAKE
A total of 18 holes, including the deepening of a few historic holes, totalling 11,497 metres were completed on the Scott Lake Property in 2006. While the Chibougamau Pluton is now interpreted to cut-off portions of the new zinc-rich massive sulphide lens discovered along the Selco horizon in July 2006 (press releases dated July 17 and August 11, 2006), the lens remains open down plunge and up-plunge to the east (see attached longitudinal section). Four holes of the 2006 program intersected wide zones of stringer sulphides carrying anomalous copper and zinc values above the targeted “Selco horizon”, which suggests that massive sulphides may also be located at a second interval above the Selco horizon.
The Company’s President, Gérald Riverin, says he is “encouraged by the copper and precious metal assays obtained in SL-91-100E, in particular the middle interval which displays grades and widths that are comparable to those obtained in SL-93-105E located 300 metres below (press release dated August 17, 2006). At today’s metal prices, combined base and precious metals in the 4.14 m interval in Sl-91-100E represent grades that would be of interest in active mining operations”.
In Riverin’s view “the copper assays and 200-300 metre spacing between holes SL-91-100E, SC-11 and SL-93-105E represent a significant copper-bearing mineralized envelope which reflects a robust hydrothermal system that could be associated with a large deposit yet to be discovered at Scott Lake. Following the discovery of these copper stringer zones and of massive sulphides in 2006, the Company is very encouraged by the Scott Lake project and additional drilling is scheduled to start in the second quarter of 2007”.
The attached longitudinal section shows the location of the Cogitore holes and of previous drilling that tested the Selco horizon. The overall favourable volcanic stratigraphy hosting the discovery can be traced for 20 kilometres along strike, all within Cogitore’s 100% wholly owned Scott Lake Property.
Assays for the last four holes of the 2006 drilling program: SC-13, SC-11 and SL-91-100E are presented below:
Assay results - DDH SL-91-100E (deepening)
|
From (m)
|
To (m)
|
Length (m)
|
Cu (%)
|
Zn (%)
|
Au g/t
|
Ag g/t
|
Remarks
|
|
630.84
|
636.64
|
5.80
|
0.73
|
1.14
|
0.11
|
8.06
|
stringers
|
|
645.65
|
649.79
|
4.14
|
1.63
|
1.54
|
0.92
|
26.08
|
stringers
|
|
681.67
|
684.05
|
2.38
|
0.92
|
1.85
|
0.13
|
8.11
|
stringers
|
Assay results - DDH SC-11
|
From (m)
|
To (m)
|
Length (m)
|
Cu (%)
|
Zn (%)
|
Au g/t
|
Ag g/t
|
Remarks
|
|
913.50
|
958.50
|
45.00
|
0.11
|
0.36
|
0.06
|
2.04
|
stringers
|
|
-----------
|
Including
|
-----------
|
|||||
|
651.00
|
958.50
|
7.50
|
0.48
|
0.60
|
0.07
|
9.04
|
stringers
|
Assay results - DDH SC-13
|
From (m)
|
To (m)
|
Length (m)
|
Cu (%)
|
Zn (%)
|
Au g/t
|
Ag g/t
|
Remarks
|
|
622.00
|
625.50
|
3.50
|
0.11
|
0.45
|
0.02
|
0.99
|
stringers
|
|
-----------
|
and
|
-----------
|
|||||
|
633.50
|
638.70
|
5.20
|
0.13
|
0.16
|
0.03
|
1.19
|
stringers
|
Metal values in hole SL-90-62 are limited to weakly anomalous values reaching a few hundred ppm copper and zinc over several metres.
LEMOINE PROJECT
A total of eight (8) holes, including one deepening, totalling 5,657 metres were completed at Lemoine. No economically significant intersections were obtained, although mineralized envelopes containing low grade zinc were obtained, with the best ones in hole LEM-54 which was drilled 200 metres down-dip of LEM-47 (drilled in 2005). These mineralized intervals assayed respectively 0.44% Zn over 4.40 m and 0.23% Zn over 12.0 metres.
A TITAN 24 geophysical survey was recently completed by Quantec Geoscience on a portion of the Lemoine project and interpretation of the results is in progress. TITAN is considered as the most advanced technology in earth imaging and has been shown to obtain critical information to depths of several hundred metres. Cogitore believes that using state-of-the-art exploration technologies in high potential properties is the key to discovering new orebodies at depth in existing mining camps.
Work is carried out by the personnel of Cogitore Resources Inc., under the supervision of Gérald Riverin, Ph.D, P.Geo. He is a qualified person (as defined by National Instrument 43-101) and has more than 30 years of experience in exploration.
Core is logged and sections sent for analysis are sawn in half at the Company's secure facilities in Chibougamau, Quebec. Half the core sampled is sent to ALS Chemex in Val d’Or, Quebec, for analysis with appropriate standards, duplicates and replicates used for control purposes. The other half of the core is retained for future reference.
The Company has developed a strategic focus on base metal exploration in prospective areas that also feature infrastructure favourable for mining development. Accordingly, it will focus its work in the Abitibi Belt of Quebec and Ontario, and in the Central Belt of Newfoundland.
On Behalf of the Board of Directors:
Gérald Riverin, President
Telephone: 819-764-6666
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
SEDAR: 00020132E. CNW 12-FEB-07 ©2007 Cogitore Resources Inc.