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Converge Global Announces Assay Results and Geological Engineer's Preliminary Conclusions at Eagle Nest Market Wire "US Press Releases "
TORONTO, CANADA -- (MARKET WIRE) -- 12/18/09 -- Converge Global, Inc. (the "Company") (PINK SHEETS: CVRG) is pleased to announce the assay lab results and preliminary conclusions of the Geological Report on the Eagle Nest Mining Property ("Eagle Nest") in La Paz County, Arizona .
Warren Hawkins , P. Eng. of Hawk Exploration Consultants stated "Laboratory analysis has confirmed that the main and south zones at the Eagle Nest Property are hosts to gold, silver and copper mineralization." Mr. Hawkins further stated "In the case of the main zone, values are high enough to be of economic potential. Further exploration work is warranted and consideration should be given to implementing a diamond-drilling program under each sample location along the main and south zones."
Assay Results
During the November visit to Eagle Nest, Mr. Hawkins identified three zones of interest.
The main zone, which includes an existing mine shaft, consists of an epithermal quartz filled fault zone found within the local limestone and conglomerate country rocks. Hematite and carbonate alteration, and native copper mineralization were commonly noted at each sample location within the quartz gangue and the immediate wall rocks. Sulphide mineralization was not evident. The main zone was traced over a 192 metre (630 feet) strike length and has an orientation of 290 degrees. The approximate width of the vein ranged from 1 metre to 3 metres (3 to 10 feet) over this strike length. Representative grab samples of the quartz gangue material and altered wall rocks were obtained from 6 separate locations along strike.
Sample results have been received from Copper State Analytical Lab ("CSAL") in Prescott, Arizona . Samples were shipped directly to CSAL, where they were analyzed for gold using fire assay and ICP. Silver was analyzed using acid digestion and Atomic Absorption. A 34 multi-element ICP scan was also run on each sample. Analytical results for all the main zone samples ranged from 0.034 to 8.33 grams per ton gold (0.001 to 0.243 ounces per ton), 6.17 to 28.458 grams per ton silver (0.18 to 0.83 ounces per ton), and 0.69 to 4.98 % copper.
The south zone is located approximately 340 metres south of the main zone. This zone has similar mineralogy and orientation to the main zone, and was traced over a strike length of 181 metres (594 feet). The approximate width of the south zone varied from 0.5 to 2 metres (1.5 to 6.5 feet). Representative grab samples from this zone were obtained from 5 separate locations along strike. Analytical results for all the south zone samples ranged from less than 0.001 to 4.39 grams per ton gold (less than 0.001 to 0.128 ounces per ton), 7.20 to 21.27 grams per ton silver (0.21 to 0.62 ounces per ton), and 0.26 to 2.47 % copper.
The north zone is located 220 metres north of the main zone. Only one vein exposure was identified. The mineralogy of the north zone and orientation is similar to that of the main and south zones; however, the strike length is unknown. One sample was collected from the north zone exposure, returning 2.54% copper and no significant gold or silver values.
The Company anticipates receiving the final Geological Report on Eagle Nest from Mr. Hawkins in January 2010 .
The Company further announced that the results of independent assay and concentration tests on additional samples taken during the November visit to Eagle Nest will be forthcoming.
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.
Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Converge Global, Inc. with members of its management team as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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