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Cogitore Resources Inc. discovers
new massive sulphides at Scott Lake Project
COGITORE Resources Inc. (the "Company") (WOO: TSX-V) is pleased
to report the discovery of massive sulphides at the Company's 100%
owned Scott Lake Project in Quebec. Hole SC-28, drilled primarily
to test the extension of the West Lens at depth, intersected 3.1
metres of massive sulphides grading 10.8% zinc and 55.6
g/t silver along a separate mineralized horizon, i.e.
the horizon hosting the Central Lens (the “North Horizon”). This
intersection lies about 250 metres below and 250 metres west of
the nearest massive sulphide intersections on the Central Lens
(holes SC-15 and SC-18; see press releases of June 6 and July 6,
2007). The sulphides were intersected at a vertical depth
of 570 metres and would belong to a separate new lens developing
along the North Horizon, as the Central Lens itself was closed
off by previous drilling.
Assay results from the massive sulphide intersection are tabulated
below:
| From (m) |
To (m) |
Length (m) |
Cu (%) |
Zn (%) |
Pb (%) |
Au g/t |
Ag g/t |
| 629.7 |
630.8 |
1.1 |
0.24 |
11.95 |
0.78 |
0.08 |
29.9 |
| 630.8 |
631.8 |
1.0 |
0.09 |
14.80 |
1.79 |
0.04 |
104.0 |
| 631.8 |
632.8 |
1.0 |
0.28 |
5.54 |
0.26 |
0.16 |
35.5 |
| 629.7 |
632.8 |
3.1 |
0.21 |
10.80 |
0.94 |
0.09 |
55.6 |
The massive sulphides are underlain by strongly altered and mineralized
felsic volcanics, including a 120 metre wide zone of disseminated
and stringer sulphides, which assayed as follows:
| From (m) |
To (m) |
Length (m) |
Cu (%) |
Zn (%) |
Au g/t |
Ag g/t |
| 632.8 |
686.7 |
53.9 |
0.24 |
0.25 |
0.08 |
8.4 |
| 630.8 |
631.8 |
15.6 |
|
Diorite dyke - |
Unmineralized |
|
| 702.3 |
822.0 |
119.7 |
0.32 |
0.37 |
0.05 |
5.2 |
A borehole Pulse EM survey in SC-28 indicated that the massive
sulphides are at the edge of a conductive mass extending to the
west. Follow-up drilling is planned in the next few weeks on this
massive sulphide zone which appears to be of significantly higher
grade than previous massive sulphides found at Scott Lake.
Company President Gérald Riverin, Ph.D., P. Geo. stated “We
are very excited about this new massive sulphide zone at Scott
Lake and the expansive underlying ‘plumbing system' or stringer
zone. This robust system clearly indicates the potential for the
occurrence of additional massive sulphide lenses on the property.
We are looking forward to further testing this new lens and to developing
other targets as well.”
Other encouraging results at Scott Lake were obtained in the deepening
of hole SL-93-106, initially drilled by Thundermin Resources Inc.
in 1993, and which was interpreted by the Company's staff to have
been stopped short of the horizon hosting the West Lens. The deepening
was successful and indeed did hit the horizon 209 metres deeper
in the hole. Locally abundant disseminated and stringer sulphides,
including local copper and zinc sulphides, were intersected over
almost the whole deepening interval with higher grade zones assaying
as follows:
ASSAY RESULTS – DDH SL-93-106E
| From (m) |
To (m) |
Length (m) |
Cu (%) |
Zn (%) |
Au g/t |
Ag g/t |
| 1080.5 |
1082.5 |
2.0 |
0.53 |
0.01 |
0.27 |
10.3 |
| 1083.5 |
1086.5 |
3.0 |
0.47 |
0.02 |
0.02 |
4.9 |
| 1218.2 |
1222.1 |
3.9 |
0.78 |
0.02 |
0.02 |
3.4 |
The mineralized zone grading 0.78% Cu over 3.9 metres at 1218.3m
corresponds to the horizon hosting the West Lens. Significantly,
this hole proved that the West Lens was not cut-off at depth and
therefore is indeed still open to the west and at depth. As well,
a subsequent borehole Pulse EM survey showed a good conductor located
at the target horizon just above the hole and presumably related
to an extension of the West Lens. Follow-up drilling is currently
in progress to test this conductor along the West Lens extension.
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 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 maintains a strategic focus on base metal exploration
in prospective areas that also feature infrastructure favourable
for mining development. Accordingly, its work is directed at projects
in historic mining areas of Quebec, Ontario, and in the Central
Belt of Newfoundland.
On Behalf of the Board of Directors:
Gérald Riverin, President & CEO
Telephone: 819-764-6666
Louis Morin, Director, Investor Relations
Telephone: 514-591-3988
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
SEDAR: 00020132E. CNW 10-SEP-08 ©2008 Cogitore Resources Inc. |