News Focus
News Focus
Followers 35
Posts 12463
Boards Moderated 8
Alias Born 12/17/2002

Re: echarter post# 2714

Friday, 11/11/2005 12:49:32 AM

Friday, November 11, 2005 12:49:32 AM

Post# of 3572

Rainy River hits up to 23.10 g/t at No. 17 hole


2005-11-10 10:19 ET - News Release

Mr. Nelson Baker reports

RAINY RIVER INTERSECTS 69.95 METRES GRADING 2.21 GRAMS PER TONNE GOLD IN DOWN-PLUNGE EXTENSION OF #17 ZONE

Rainy River Resources Ltd.'s first two recently completed diamond drill holes, designed to test for down plunge extensions of enriched polymetallic zones contained within the No. 17 zone, have intersected gold and silver mineralization over significant widths.

Highlights:


hole No. 5 (NR 05-05) intersects 98.50 metres grading 1.81 grams per tonne Au including 69.95 metres grading 2.21 g/t Au and 13.50 metres grading 5.34 g/t Au;
hole No. 6 (NR 05-06) intersects 113.36 metres grading 1.23 g/t Au including 6.0 metres grading 4.51 g/t Au;
No. 17 zone remains wide open at depth; and
holes No. 1 (NR05-01) to holes No. 4 (NR 05-04) tested a new gold zone recently identified by reverse circulation drilling between No. 17 zone and No. 433 zone and results are pending.

Hole No. 5 intersected a 13.50-metre interval which graded 5.34 g/t Au and 7.9 g/t Ag (from 138.50 to 152.00 metres), and a 1.50-metre interval grading 23.10 g/t Au and 49.1 g/t Ag. This intersection was contained within a broader interval grading 2.21 g/t Au and 2.5 g/t Ag over a core length of 69.95 metres (from 138.50 to 208.45 metres).

Hole No. 6 intersected 8.20 metres grading 3.86 g/t Au and 7.5 g/t Ag (from 206.80 to 215.00 metres) contained within a broad gold zone grading 1.23 g/t Au and 1.8 g/t Ag over 113.36 metres (from 159.88 to 273.24 metres). Significant base metal mineralization, particularly zinc, accompanies the gold and silver mineralization and is listed in Table 1.



Ed

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today