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COGITORE INTERSECTS MORE MINERALIZATION
ON TREND AT SCOTT LAKE – 21.6 METRES GRADING 1.96% COPPER.
TORONTO, January 21 - COGITORE Resources Inc. (the "Company")
(WOO: TSX-V) is pleased to report the results of Hole SC-35 at
its Scott Lake Project near Chibougamau, Quebec. Hole SC-35 was
drilled approximately 140 metres from hole SC-30 (see Press Release
of October 9, 2008) to follow-up on encouraging results from SC-30
that included 25 metres of massive sulphides grading over 2% copper,
and a borehole Pulse EM anomaly that indicated a good conductor
located east and down from the hole. A thick zone of stringer-type
mineralization correlating with the West Lens (Selco Horizon) was
intersected in SC-35 with the following assays:
West Lens ASSAY RESULTS – DDH SC-35
| From (m) |
To (m) |
Length (m) |
Cu (%) |
Zn (%) |
Au g/t |
Ag g/t |
Remarks |
| 654.5 |
676.1 |
21.6 |
1.96 |
0.38 |
0.11 |
22.9 |
stringer sulphides |
|
|
|
including |
|
|
|
|
| 664.6 |
670.7 |
6.1 |
4.20 |
1.09 |
0.19 |
49.7 |
stringer sulphides |
Additional copper-enriched stringer-type mineralization
was encountered deeper in the hole once drilling resumed in January,
2009. Results for the deeper intersections are pending. Hole SC-35
is the third consecutive drill hole related to the West Lens to
intersect copper-rich mineralization. The three best copper intervals
to date are:
SC-30 intersected 25.1 metres (590.2m-615.3m)
of 2.04 % Cu , 0.99 % Zn, 0.17 g/t Au and 52.5
g/t Ag including 8.0 metres
of 3.59 % Cu, 1.27 % Zn, 0.23 g/t Au and 82.2
g/t Ag .
SC-34 intersected 53.7 metres (459.7m-513.4m)
of 1.88 % Cu, 4.89 % Zn, 0.39 g/t Au and 69.5 g/t Ag ,
including 13.4 metres of 3.73 % Cu, 4.54
% Zn, 0.60 g/t Au and 131.5 g/t Ag.
SC-35 intersected 21.6 metres of 1.96
% Cu , 0.39 % Zn, 0.11g/t Au and 22.9g/t Ag, including 6.1 metres
of 4.20 % Cu, 1.09 % Zn , 0.19
g/t Au and 49.7 g/t Ag .
Hole SC-35 also intersected the North Horizon prior
to entering the West Lens extension described above. Although no
massive sulphides were intersected on the North Horizon, stringer
sulphides were encountered with the following assays:
NORTH HORIZON ASSAY RESULTS – DDH SC-35
| From (m) |
To (m) |
Length (m) |
Cu (%) |
Zn (%) |
Au g/t |
Ag g/t |
Remarks |
| 584.9 |
600.0 |
15.1 |
0.31 |
1.14 |
0.10 |
7.1 |
stringer sulphides |
|
|
|
including |
|
|
|
|
| 586.9 |
587.5 |
0.60 |
0.41 |
5.13 |
0.15 |
7.9 |
stringer sulphides |
Since VMS mineralization was first discovered in
1975, the Scott Lake Property has been known, until recently, for
hosting distal zinc-rich mineralization occurring in small, widely
scattered massive sulphide lenses of minimum mining width. This
perception began to change in 2006/2007 as more and more copper-rich
sulphide and stringer mineralization of significant mining width
was discovered and culminated in the results obtained in Hole SC-34
(see press release from December 1, 2008).
Dr. Gérald Riverin, Cogitore's President and
CEO, commented “With hole SC-35, we have now extended the length
of a copper-enriched mineralized trend to 400 metres, and have
intersected numerous 20m+ widths of significant mineralization.
All our efforts at Scott Lake are focused towards proving the continuity
of this trend with holes to be drilled, at least initially, on
100 metre centres in order to scope out the potential size of the
deposit. This trend is still open to the east and to the west and
more closely spaced holes and wedge cuts from existing holes will
be needed to calculate resources.” The piercing points of hole
SC-35 on the Selco Horizon and the North Horizon are shown in the
attached Figure
1 and Figure
2 respectively.
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 32 years of experience in mineral exploration.
The drill core from hole SC-35 was logged and marked
up for assay at the Company's secure facility in Chibougamau, Quebec.
Drill core for assay was split in half. Half of the core
was shipped in sample bags to the ALS Chemex laboratory in Val
d'Or, PQ for specific gravity measurement and sample preparation.
Pulps were flown to Vancouver, B.C. for analysis with appropriate
standards, duplicates and replicates used for quality control purposes.
The other half of the core is retained for future reference.
Upcoming Events
Cogitore Resources will be present at the 2009 Vancouver Resource
Investment Conference at the Vancouver Convention & Exhibition
Centre on Jan. 25 & 26. Investors are invited to meet with
Company management at Booth #1112.
Cogitore explores for VMS-type deposits in areas
where such deposits have been found and mined before. Exploring
in such areas is preferred because of existing infrastructure,
knowledgeable local workforces and broad public support for mining.
Collectively, these are major competitive advantages for logistics
and economics.
For more information please contact:
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 21 JAN 09 ©2009 Cogitore Resources Inc. |