Saturn Begins 2008 Drill Program on Beavis Listwanite Lode-Gold Property
2008-08-14 13:29:00
VANCOUVER, BRITISH COLUMBIA–(EMWNews – Aug. 14, 2008) – Saturn Minerals Inc. (TSX VENTURE:SMI) (“Saturn” or the “Company”) announces that diamond drilling has begun on the Beavis property located immediately north of the town of Atlin, BC. The Beavis is a potential listwanite lode-gold property on which an inclined shaft (now flooded) was sunk in 1904 and development work was done on two underground levels. The property has not been previously drilled.
In spring of 2008 Saturn personnel completed a sampling program consisting of 89 rock samples which were submitted for fire assays and ICP analysis. Several samples returned elevated values of gold (up to 1,196.20 g/t Au) and silver (up to 537.3 g/t Ag), see chart below for selected samples.
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Gold (Au) Silver (Ag)
Sample g/tonne g/tonne Vein/Structure Remarks
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BE08-KM09F 18.85 218.4 Beavis
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BE08-KM11D 17.36 41.3 Beavis
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BE08-KM11E 1196.20 537.3 Beavis
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BE08-KM16 45.56 28.91 New Chip sample 35 cm
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BE08-KM3-04 26.47 6.4 Phillips Chip sample 130 cm
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BE08-KM3-06 32.87 37.9 Phillips Chip sample 170 cm
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Kluane Drilling Ltd. of Whitehorse, Yukon, has been contracted for the Beavis drilling program.
The Beavis drill program is being conducted under the direction of Dr. Krzysztof Mastalerz, Ph.D., P.Geo., a Qualified Person under 43-101 standards, who has reviewed and approved the technical contents of this news release.
SATURN MINERALS INC.
Mike Elson, President & Chief Executive Officer
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
For more information, please contact Saturn Minerals Inc. |
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