- Published: 12 May 2009
- Written by Editor
WTM Intersects 13.64 g/t (0.40 oz/t) Over 8.20 Metres (26.90 Feet) on North Zone Target, 100% Owned Thorne Property, Timmins, Ontario
West Timmins Mining Inc. (TSX: WTM.TO) ("WTM" or the "Company") today announced that bonanza grade gold mineralization has been intersected from the North Zone on its 100% owned Thorne Property, part of the Company's West Timmins Gold Project, in Timmins, Ontario. All three holes testing the North Zone returned high-grade gold mineralization, highlighted by hole GS09-31 which returned 8.20 metres (26.90 feet) grading 13.64 g/t (0.40 oz/ton) gold, including 2.40 metres (7.87 feet) grading 41.30 g/t (1.20 oz/t) gold.
"The North Zone adds another zone of high grade gold mineralization over significant widths on our 100% owned property package in Timmins. These results continue to confirm the presence of multiple high grade gold zones located in close proximity to each other in the West Timmins District. This clustering of high-grade gold zones is perhaps the single most significant characteristic of the Timmins Camp. History does appear to be repeating itself in the west end of the Camp," said Darin Wagner, President and CEO of West Timmins Mining. "WTM will immediately expand the scale and scope of our drill program on our 100% owned properties in Timmins and welcomes the recently announced expansion of the drill program on the adjacent Thunder Creek Joint Venture."
WTM now has six expanding zones of high-grade gold mineralization located within 3 kilometres of each other in the West Timmins District: the Rusk and Porphyry Gold Zones on the Thunder Creek Joint Venture, the High-grade and Central sub-zones within the Golden River West Zone, the Hwy 144 Zone where high-grade intercepts have recently been reported and now confirmation of continuity and bonanza grades from the North Zone.
---------------------------------------------------------------------------- Inter- Inter- Hole From To val (i) val (i) Gold Gold Number Section (metres) (metres) (metres) (feet) (g/t) (oz/t) Zone ---------------------------------------------------------------------------- ---------------------------------------------------------------------------- GS-09-29 4350E 292.00 294.00 2.00 6.56 16.52 0.48 North Including 293.00 294.00 1.00 3.28 24.05 0.70 367.30 369.50 2.40 7.87 4.22 0.12 NL1 423.00 423.90 0.90 2.95 3.19 0.09 NL2 ---------------------------------------------------------------------------- GS-09-30 4360E 315.90 317.20 1.30 4.26 10.01 0.29 North Including 316.40 317.00 0.60 1.97 17.84 0.52 410.00 411.10 1.10 3.61 2.01 0.06 NL1 ---------------------------------------------- Terminated above NL2 ---------------------------------------------------------------------------- GS-09-31 4400E 206.80 215.00 8.20 26.90 13.64 0.40 North Including 206.80 209.20 2.40 7.87 41.30 1.20 Including 207.50 208.50 1.00 3.28 92.18 2.69 And Including 214.00 215.00 1.00 3.28 11.44 0.33 ---------------------------------------------- Terminated above NL1 and NL2 ---------------------------------------------------------------------------- (i) Due to uncertainties in the orientation of the mineralized zones true thicknesses cannot be established at this time.
The North Zone is located along the northern flank of the Golden River Trend on WTM's 100% owned Thorne Property. Historic work in the North Zone area has been re-interpreted based in large part on the recent discoveries of high-grade gold mineralization on the Company's adjacent Thunder Creek Property and within the Golden River West Zone. This work has lead to the identification of a steeply plunging zone of high-grade gold mineralization. The North Zone mineralization is characterized by silica veining and flooding associated with significant visible gold mineralization and is very similar to many of the vein-style gold deposits in the Timmins Camp. Drilling has also intersected additional gold bearing structures beneath the North Zone, the NL1 and NL2 structures, which remain open for additional testing - again characteristic of gold systems in the Camp.
On-going exploration activities are focussing on the area between the Timmins West (now Timmins) gold deposit and the Destor-Porcupine Fault, located 5.0 kilometres to the south, where multiple gold-bearing systems have been confirmed within WTM's extensive West Timmins Project land holdings. The Destor-Porcupine Fault is a deep-seat fault system which can be traced throughout the entire Timmins Camp.
Quality Control and Assurance
Geochemical results reported are from halved drill core samples collected from WTM's 100% owned Thorne Property, part of the Company's West Timmins Gold Project. Core samples were collected by employees and consultants in the employ of the Company and are subject to the Company's quality control program. Sampling was conducted on site at the Company's exploration office in Timmins, Ontario and sealed samples were transported to Swastika Labs preparation facilities in Swastika, Ontario. Samples were assayed for gold by standard fire assay-ICP finish with a 30 gram charge. Gold values in excess of 3.0 g/t were re-analyzed by fire assay with gravimetric finish and intercepts returning in excess of 8.0 g/t, or displaying visible gold mineralization, were re-analyzed by pulp screen metallic assaying for greater accuracy. The remaining half of the drill core is stored on-site at the Company's Timmins exploration office.
For quality control purposes blank, duplicate and analytical control standards were inserted into the sample sequence at irregular intervals. Mr. Darin Wagner (M.Sc., P.Geo.), the Company's President, has acted as non-independent qualified person for this news release. The qualified person has visited the project site, examined the intervals reported and, has verified that any significant analytical discrepancies have been resolved and that the reported results meet the Company's quality control standards.
About West Timmins Mining Inc. ( www.westtimminsmining.com):
WTM is focussed on the exploration and development of district-scale gold projects in the major gold camps of North America. The Company is advancing the high-grade Rusk and Porphyry Gold discoveries on its Thunder Creek joint venture in Timmins, Ontario and continues to test the nearby 5.0 kilometre long Golden River Trend. WTM also has active gold exploration projects in Mexico, highlighted by the high-grade Lluvia de Oro gold-silver Project in Chihuahua State. 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.
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The TSX has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release, which has been prepared by management.
Contacts
John Toporowski
West Timmins Mining Inc.
Manager, Investor Relations
(604) 685-8311 / Toll Free: (866) 685-8311
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www.westtimminsmining.com