December 7th, great news #1:
Dec 07, 2009 09:30 ETConverge Global Expands Eagle Nest Mining Property and Receives Preliminary Geological Report
TORONTO, CANADA--(Marketwire - Dec. 7, 2009) - Converge Global, Inc. (the "Company") (PINK SHEETS:CVRG) announced today that it has expanded its Eagle Nest Mining Property in La Paz County, Arizona, by acquiring an additional 23 adjoining claims.
Cornelia Volino, President of Converge Global, Inc. stated "These additional claims increase our exploration potential at Eagle Nest and provide additional options for our work program and development of the property."
The Company further announced that Mr. Warren Hawkins, P. Eng of Hawk Exploration Consultants, recently visited the Eagle Nest Mining Property to conduct a preliminary inspection, collect assay samples and gather information to prepare an initial geological report on the property including recommendations for exploration and development. Mr. Hawkins was accompanied by the Company's mining projects development advisor Mr. Tom Vess, during the initial portion of his visit.
Mr. Hawkins reported that topography in the area is quite rugged, with very little vegetation. Generally, rocks in the area consist of metamorphosed sedimentary rocks locally intruded by granite. Local rocks on and near the property consist of middle Miocene to Oligocene sedimentary rocks including conglomerates, sandstone, mudstone, limestone, and sheet-like deposits of crushed rocks referred to as rock avalanche breccia. These rocks have tilted to near vertical during widespread normal faulting and basin development. These sediments are commonly medium to dark brown, reddish brown or brownish grey. On the surface, the rocks weather a dark brown, and are quite friable. Strike of the rocks is generally 290 degrees.
Mr. Hawkins further identified three quartz filled fractures systems within the sedimentary rocks transecting the central area of the property (referred to as the north, central and south veins). The veins are approximately 1 metre in width, parallel to the local schistosity, and can be traced for 200 to 300 metres on surface. In some areas, the veins have an estimated width of up to 3 metres. The veins are spatially separated by approximately 100 metres. Abundant native copper is commonly present as well as hematite staining in the quartz. Ankerite was also common in the quartz veins and wall rocks. Frequently, quartz samples were quite vuggy. A series of trenches and adits in the central property area provided good exposure to the veins. The veins appear to be consistent with the epithermal, detachment fault type of lode gold deposit commonly found within Arizona.
Samples from each quartz vein were collected from the trenches and adits found within the central property (13 separate locations). To be representative, Mr. Hawkins collected each sample from across the vein where possible. 13 samples were sent for laboratory analysis. Results of these assay samples, along with Mr. Hawkins conclusions and recommendations, will be released upon the submission of his final geological report.
About Converge Global, Inc. www.convergeglobalinc.com
Converge Global, Inc. is a junior mining company engaged in the acquisition, exploration and development of mining properties in North America containing principally gold as well as other precious metals.
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