News release via Canada NewsWire, Toronto 416-863-9350
Attention Business Editors:
Cogitore Intersects 11.8 metres of Zinc-Rich Massive Sulphides at the Scott Lake Project
TORONTO, August 11 /CNW/ - COGITORE Resources Inc. (the "Company") (WOO: TSX-V) is pleased to report significant massive sulphides intercepts in follow-up drill hole SC-05 of a new volcanogenic massive sulphide (VMS) discovery made at the Company's 100% owned Scott Lake Project in Quebec (see Press Release of July 17, 2006). Hole SC-05 intersected a combined total of 11.76 metres of massive sulphides distributed in 4 bands separated by mafic dykes.
Assay results – DDH SC-05:
|
From (m)
|
To (m)
|
Length (m)
|
Cu (%)
|
Zn (%)
|
Au g/t
|
Ag g/t
|
Remarks
|
|
735.68
|
738.16
|
2.48
|
.21
|
7.44
|
0.18
|
88.60
|
Massive sulphides
|
|
738.16
|
743.33
|
5.17
|
-
|
Assays
|
to come
|
-
|
Mafic dykes
|
|
743.33
|
743.87
|
0.54
|
.07
|
4.01
|
0.08
|
29.10
|
Massive sulphides
|
|
743.87
|
745.74
|
1.87
|
-
|
Assays
|
to come
|
-
|
Mafic dykes
|
|
745.74
|
750.00
|
4.26
|
1.93
|
6.84
|
0.34
|
91.90
|
Massive sulphides
|
|
750.00
|
754.18
|
4.18
|
-
|
Assays
|
to come
|
-
|
Mafic Dykes
|
|
754.18
|
758.66
|
4.48
|
0.37
|
9.18
|
0.29
|
44.70
|
Massive Sulphides
|
|
11.76
|
0.88
|
7.73
|
0.27
|
70.34
|
Composite of massive sulphides
|
Note: Intercepts are core lengths and true widths are unknown at this early stage. However, core angles with crude layering in massive sulphides suggest core lengths are likely close to true widths.
The sulphides were intersected at a vertical depth of 600 metres, 104 metres east and 138 metres above the original discovery hole SC-04. Prior to the intrusion of the late dykes, the massive sulphides would have represented a substantial thickness of nearly 12 metres, which is the thickest massive sulphide VMS intersection drilled on the property since exploration commenced in 1975.
Hole SC-05 bottomed in a mafic intrusive which appears to have detached the massive sulphides from their original volcanic footwall rocks. This is also the current interpretation with hole SC-04. The mafic dykes cutting the sulphides have caused some remobilization and adsorption of the earlier formed sphalerite-rich sulphides, as demonstrated by several veinlets and blebs of sphalerite and quartz in the three dyke rock intervals.
Borehole pulse electromagnetic surveys (PEM) have been completed in SC-05 and results clearly indicate extension of conductivity above and to the east of SC-05. This mimics the PEM off hole response from hole SC-04, which caused SC-05 to be drilled. Follow-up drilling is in progress on this new off-hole target, along with other targets on the property. Meanwhile attempts are being made to secure a second drill for the project.
Including Cogitore’s SC-04 and SC-05 holes, there are currently only 4 diamond drill holes in the 1000 meter x 500 meter immediate discovery area, all separated by distances of at least 200 metres. The remaining two holes, drilled in the early 1990’s, intersected disseminated and stringer-type sulphide mineralization. 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.
Company President Gérald Riverin, Ph.D., P. Geo. stated “We are very pleased with the substantial improvement in thickness and grade for this new massive sulphide lens which remains wide open to the east, towards surface and at depth. Our objective is to locate the centre of the VMS lens where copper grades typically increase over zinc and massive sulphides thicknesses increase. This is the first significant discovery in the Chibougamau area since the Corner Bay “Chibougamau vein-type” find in 1982. More significantly it is the first VMS find since the Selco Scott deposit in 1975.” More details on the Scott Lake project and other Cogitore projects are available at the Company’s web site at www.cogitore.com.
[+] Click on an image above to enlarge it.
Work is carried out by the personnel of Cogitore Resources Inc., under the supervision of Gérald Riverin, PhD, P.Geo. He is a qualified person (as defined by National Instrument 43-101) and has more than 29 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 Techni-Lab S.G.B. Abitibi inc. in Ste-Germaine, 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 11-AUG-06 ©2006 Cogitore Resources Inc.