- Published: 16 December 2008
- Written by Editor
WTM Reports 11.20 g/t Gold Over 10.40 Metres at Thunder Creek, Timmins, Ontario
Rusk Gold Zone extended to over 400 metres down-plunge - remains open
Core of new sub-zone returns 25.99 g/t gold over 3.00 metres - intersects "classic Timmins style mineralization"
West Timmins Mining Inc. (TSX:WTM) ("WTM" or the "Company") announced today that the deepest hole to date on the Company's Thunder Creek joint venture in Timmins, Ontario has continued to expand the Rusk Gold Zone returning an intercept of 11.20 g/t gold over 10.40 metres, including a high-grade core of 25.99 g/t gold over 3.00 metres. The high-grade intercepts occur within a broader gold mineralized zone which returned 5.90 g/t gold over 26.35 metres. The results from hole TC08-54 represent the widest high-grade gold intercept to date from the Rusk Gold Zone and extend it an additional 160 metres down-plunge, to over 400 metres. The zone remains open down-plunge and along strike.
The rapidly expanding Rusk Gold Zone has similarities to the Timmins West deposit currently under development by joint venture partner Lake Shore Gold (TSX:LSG) immediately to the northeast. The Timmins West shaft is located less than 750 metres northeast of the latest Rusk Zone intercepts. The high grade intercept in hole TC08-54 is located at the same depth as the top of the best mineralized zone at Timmins West.
The following previously announced drill intercepts, along with hole TC08-54, define the high-grade core of the Rusk Gold Zone as outlined to-date.
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Hole Number Intercept (metres) Gold (g/t)
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TC07-36(i) 7.00 metres 24.61 g/t gold
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TC07-30(i) 2.65 metres 14.68 g/t gold
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And(i) 3.10 metres 12.01 g/t gold
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TC07-43(i) 9.00 metres 8.57 g/t gold
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TC07-41(i) 2.05 metres 8.52 g/t gold
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TC08-54 10.40 metres 11.20 g/t gold
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(i) Previously released, see NR's 08-09, 07-41, 07-26; Due to uncertainties
in zone orientations, true widths are not known at this time. Assays
reported are uncut.
The gold mineralized zone in hole TC08-54 displays a new and distinct style of gold mineralization for the West Timmins area. The new sub-zone shares strong similarities with the classic "Timmins" style of gold mineralization associated with the multi-million ounce McIntyre and Dome mines, both of which have been mined to vertical depths of over 1,500 metres in the heart of the Timmins gold camp. Timmins is one of the world's great gold camps - preparing to mark its 100th anniversary of continuous high-grade gold production.
"The Rusk Zone on WTM's Thunder Creek Property has the potential to extend much further at depth. For the first time the West Timmins District is not only showing high grade gold mineralization, but also all the classic hallmarks of the major mines in the core of the Timmins camp," said Darin Wagner, President and CEO of West Timmins Mining Inc. "We look forward to continuing to work with Lake Shore Gold in determining how this important discovery might add a new dimension to the underground development occurring immediately to the north."
The Thunder Creek Property is a joint venture between the West Timmins Mining (40%) and Lakeshore Gold (60%). The Thunder Creek joint venture is part of the Company's larger West Timmins Gold Project which covers over 114 square kilometres of the West Timmins Gold District. WTM is continuing to drill on its 100% owned Highway 144 Property located immediately south of, and along strike from, the Thunder Creek Property and the Timmins West deposit.
Geological Details
The high-grade intercept in hole TC08-54 displays a distinct style of gold mineralization, being hosted within a feldspar porphyritic syenite intrusion, which indicates that it could represent the upper portion of a new gold trend sub-parallel to the Rusk Zone. This new sub-zone is associated with anomalous molybdenum and tungsten mineralization, a characteristic shared by several of the larger gold deposits in the Timmins gold camp.
In total, the results from nine holes were received and include results from several holes which were drilled up-plunge of the shallowest intercepts of the Rusk Gold Zone. The shallow holes show continuity of the Rusk Zone toward surface. The current 22,000 metre diamond drill program continues with additional results from 6 holes currently pending.
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Hole From To Length Gold
Number(i) (m) (m) (m) (g/t) Comments
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TC08-51 No significant results
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TC08-52 179.10 179.95 0.85 4.68 Rusk (shallow level)
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185.95 187.40 1.45 3.02 Rusk (shallow level)
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200.00 200.45 0.45 3.46 Rusk (shallow level)
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TC08-53 No significant results
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TC08-54 608.50 609.50 1.00 1.57 Rusk
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621.75 625.45 3.70 1.92 Rusk
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644.10 645.65 1.55 4.03 Rusk
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657.65 684.00 26.35 5.90 Rusk/Porphyry Zone
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Incl 666.40 676.80 10.40 11.20
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Incl 666.40 669.40 3.00 25.99
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Incl 672.25 676.80 4.55 7.79
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TC08-55 266.30 266.60 0.30 5.06 Rusk (shallow level)
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TC08-56 231.35 235.10 3.75 2.37 Rusk (shallow level)
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Incl 231.35 231.65 0.30 18.20
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251.65 259.00 7.35 1.34 Rusk (shallow level)
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Incl 258.50 259.00 0.50 8.60
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TC08-57 576.90 577.20 0.30 5.67 Rusk
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601.30 602.20 0.90 12.54 Rusk
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607.15 607.65 0.50 5.74
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TC08-58 110.55 113.40 2.85 3.01 Rusk (shallow level)
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117.60 117.90 0.30 3.15
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TC08-59 No significant results
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(i) Due to uncertainties in zone orientations, true widths are not known at
this time. Assays reported are uncut.
The Rusk Gold Zone appears to represent a high-grade chute, within a broad north-east trending mineralized corridor which plunges steeply to the northwest. Like the nearby Timmins West deposit, the Rusk Gold Zone is centred along the contact between the Thunder Creek alkalic intrusive complex and sedimentary rocks located in the footwall to the complex. It is characterized by very strong alteration and deformation, accompanied by numerous ultramafic to felsic dykes, quartz-ankerite veining, and sulphide mineralization. (See photos: http://www.westtimminsmining.com/main/?thundercreek).
Quality Control
Mr. Jacques Samson (P.Geo.) is Lake Shore Gold's qualified person for the Thunder Creek Property. As QP, he has prepared or supervised the preparation of the scientific or technical information for the property and has verified the data disclosed in this press release. Mr. Darin Wagner (P.Geo.), President and CEO of the Company, and QP for WTM has examined the drill intercepts reported and the available quality control and analytical data supplied by Lake Shore.
Lake Shore Gold employs a quality control program to ensure best practices in the sampling and analysis of drill core. Assays have been completed using a standard fire assay with a 30-gram aliquot. For samples that return a value greater than three grams per tonne gold, another pulp is taken and fire assayed with a gravimetric finish. Zones with visible gold are tested by pulp metallic analysis. NQ size drill core is saw cut and half the drill core is sampled in standard intervals. The remaining half of the core is stored in a secure location. The drill core is transported in security-sealed bags for preparation at ALS Chemex Prep Lab located in Timmins, Ontario, and the pulps shipped to ALS Chemex Assay Laboratory in Vancouver, B.C. ALS Chemex is an ISO 9001-2000 registered laboratory preparing for ISO 17025 certification.
About West Timmins Mining Inc. (www.westtimminsmining.com):
WTM is focussed on the exploration and development of district-scale gold and related base metal projects in the major gold camps of North America. The Company is in the midst of a multi-rig 22,000 metre drill program targeting recently discovered high-grade gold mineralization on its Thunder Creek Property in Timmins. WTM also has active gold exploration projects in Mexico, highlighted by the Montana de Oro Project in Sonora, Mexico and the high-grade Lluvia de Oro gold-silver Project in Chihuahua, Mexico. West Timmins Mining is based in Vancouver, British Columbia, Canada and trades on the Toronto Stock Exchange under the symbol WTM.
On behalf of the Board of West Timmins Mining Inc.
Darin W. Wagner, President and Chief Executive Officer
For further details on West Timmins Mining Inc. please refer to prior disclosure at www.sedar.com. The securities described in this press release have not been and will not be registered under the United States Securities Act of 1933, as amended, or under any U.S. state securities laws, and such securities may not be offered or sold in the United States absent an exemption from such registration requirements.
This press release contains forward looking statements within the meaning of applicable Canadian and U.S. securities regulation, including statements regarding the future activities of the Company. Forward looking statements reflect the current beliefs and expectations of management and are identified by the use of words including "will", "expected to", "plans", "planned" and other similar words. Actual results may differ significantly. The achievement of the results expressed in forward looking statements is subject to a number of risks, including those described in the Company's annual information form as filed with the Canadian securities regulators which are available at www.sedar.com. Investors are cautioned not to place undue reliance upon forward looking statements.
To view the maps accompanying this press release, please click on the following links:
http://media3.marketwire.com/docs/wtmi1.pdf
http://media3.marketwire.com/docs/wtmi2.pdf
SOURCE: West Timmins Mining Inc.
West Timmins Mining Inc., Vancouver John Toporowski Manager, Investor Relations (604) 685-8311 or Toll Free: 1-866-685-8311 Email: This email address is being protected from spambots. You need JavaScript enabled to view it. Website: www.westtimminsmining.com
