|By PR Newswire||
|November 21, 2012 04:37 PM EST||
MONTREAL, Nov. 21, 2012 /CNW Telbec/ - Maudore Minerals Ltd. ("Maudore" or, the "Company") (MAO: TSX-Venture; MAOMF: US OTC; M6L: Frankfurt Exchange), today announced the addition of new gold assays to the Osbell Mineral Resource Estimate area (NR 29 October 2012), Greer Prospect (NR 25 June 2012), and also reports first results from the evolving Mafic North (formerly Magnetic Gabbro) area.
Osbell Gold Assays
The Osbell Deposit (also known as Comtois Deposit) is located around 15kms from Lebel-sur-Quevillon, around 150kms north of Val-d'Or in the James Bay administrative region of Quebec.
Maudore continues to report gold assays as they arrive from 50 drill holes (25,119m) completed at Osbell since the 13 August 2012 cut-off date for the updated Mineral Resource Estimate (NR 29 October 2012) of the Osbell Deposit:
|8,463,800 Tonnes @ 2.0 g/t Au for 546,299 oz Au Indicated,|
|8,115,800 Tonnes @ 4.8 g/t Au for 1,258,990 oz Au Inferred.|
"The results validate our drilling and assay protocols that we established over the past few months. Our meticulous approach is proving its value, and we are very encouraged by the results," said CEO Dr. Howard Carr. "We will continue to focus on further delineation of the deposits as we move forward with our exploration plans", he added.
New gold assays greater than 3.0 g/t gold obtained from the Comtois Property, Osbell Resource include:
- 57.7 g/t gold over 0.5m (COM-12-896C), from 282.0 to 282.5m, included within 19.4 g/t gold over 1.5m from 282.0 to 283.5m, Osbell, section 1587 E;
- 9.0 g/t gold over 0.5m (COM-12-896C), from 344.0 to 344.5m, Osbell, section 1587 E;
- 8.1 g/t gold over 0.5m (COM-12-896C), from 383.0 to 383.5m, included within 5.2 g/t gold over 1.0m from 382.5 to 383.5m, Osbell, section 1587 E;
- 19.7 g/t gold over 1.0m (COM-12-896C), from 561.5 to 562.5m, included within 8.0 g/t gold over 2.5m from 561.5 to 564.0m, Osbell, section 1587 E;
- 9.7 g/t gold over 0.9m (COM-12-896C), from 741.0 to 741.9m, included within 2.5 g/t gold over 7.0m from 736.5 to 743.5m, Osbell, section 1587 E;
- 8.5 g/t gold over 1.5m (COM-12-885B), from 1341.5 to 1343.0m, included within 6.5 g/t gold over 2.0m from 1341.0 to 1343.0m, Osbell, section 2150 E;
- 22.9 g/t gold over 1.2m (COM-12-890A), from 1231.8 to 1233.0m, Osbell, section 2175 E;
- 16.0 g/t gold over 0.6m (COM-12-890D), from 1199.1 to 1199.7m, included within 8.9 g/t gold over 1.1m from 1199.1 to 1200.2m, Osbell, section 2175 E;
- 2.4 g/t gold and 1.6% Zn over 1.5m (COM-12-906A), from 901.0 to 902.5m, included within 0.1 g/t gold and 0.23% Zn over 170.8m from 866.1m to 1036.9m, Osbell, section 2278 E.
These assay results show Osbell has multiple gold-bearing units in some sections, as demonstrated by five gold-bearing intersections in one drill hole (COM-12-896C). Deep drilling confirms the gold mineralizing system continues with depth. More drilling is required to locate high-grade lenses beneath the deposit.
Greer Gold Assays
The Greer Gold Occurrence is located 1.9kms southwest of the Osbell Resource Area (also reported as "Osborne Eastern Extension"). Maudore is pleased to report two significant gold intercepts from drill hole COM-12-895:
- 38.7 g/t gold over 0.5m from 347.8 to 348.3m and 4.1 g/t gold over 0.6m from 350.0 to 350.6m, both included within 3.6 g/t gold over 7.6m from 346.5m to 354.1m, Greer section G1700E.
Maudore will review and rank gold prospects near Osbell and follow up on targets that will add nearby ounces in the short term.
Mafic North (Magnetic Gabbro) Area
Gold assays from the top of deep drill holes, first in Magnetic Gabbro north of the Osbell deposit, and later in other mafic rocks, has resulted in a new exploration area now called Mafic North Area. The area, 250m north of the Osbell deposit, is mapped as a magnetic high, which is due to magnetite-bearing gabbroic intrusive and mafic volcanic rocks.
Drilling results over 3.0 g/t gold obtained from the Comtois Property, Mafic North Area include:
- 5.2 g/t gold over 1.5m (COM-12-903), from 136.0 to 137.5m, included within 2.9 g/t gold over 3.0m from 136.0 to 139.0m, Section 1475E;
- 15.4 g/t gold over 0.5m (COM-12-903), from 404.5 to 405.0m, included within 7.9 g/t gold over 1.0m from 404.5 to 405.5m, Section 1475E;
- 35.9 g/t gold over 1.5m (COM-12-909), from 456.1 to 457.6m, included within 14.3 g/t gold over 3.9m from 456.1 to 460.0m, Section 1587E;
The significance of discovering a new gold zone like Mafic North so close and partly within the Osbell whittle pit, is the positive impact it could have on the current Osbell Mineral Resource Estimate.
|OSBELL RESSOURCES AREA|
|Drill Hole||Section||From (m)||To (m)||Core length (m)||Gold (g/t Au)||High grade interval||Weighted average|
|COM-12-896C||1587E||282||282.5||0.5||57.7||57.7 g/t Au over 0.5m||19.4 g/t Au over 1.5m|
|344||344.5||0.5||9||9.0 g/t Au over 0.5m|
|382.5||383||0.5||2.2||5.2 g/t Au over 1.0m|
|383||383.5||0.5||8.1||8.1 g/t Au over 0.5m|
|561.5||562.5||1||19.7||19.7 g/t Au over 1.0m||8.0 g/t Au over 2.5m|
|736.5||738||1.5||1.1||2.5 g/t Au over 7.0m|
|741||741.9||0.9||9.7||9.7 g/t Au over 0.9m|
|COM-12-885B||2150E||1341||1341.5||0.5||0.4||6.5 g/t Au over 2.0m|
|1341.5||1343||1.5||8.5||8.5 g/t Au over 1.5m|
|COM-12-890A||2175E||1231.8||1233||1.2||22.9||22.9 g/t Au over 1.2m|
|COM-12-890D||2175E||1199.1||1199.7||0.6||16||16.0 g/t Au over 0.6m||8.9 g/t Au over 1.1m|
|COM-12-906A||2278E||901||902.5||1.5||2.4||2.4 g/t Au and 1.6% Zn over 0.6m||0.1 g/t Au and 0.23% Zn over 170.8m|
|GREER (POTENTIAL EASTERN EXTENSION) AREA|
|Drill Hole||Section||From (m)||To (m)||Core length||Gold (g/t Au)||High grade interval||Weighted average|
|COM-12-895||G1700E||346.5||347.8||1.3||0.8||3.6 g/t Au over 7.6m|
|347.8||348.3||0.5||38.7||38.7 g/t Au over 0.5m|
|350||350.6||0.6||4.1||4.1 g/t Au over 0.6m|
|MAFIC NORTH AREA|
|Drill Hole||Section||From (m)||To (m)||Core length||Gold (g/t Au)||High grade interval||Weighted average|
|COM-12-903||1475E||136||137.5||1.5||5.2||5.2 g/t Au over 1.5m||2.9 g/t Au over 3.0m|
|404.5||405||0.5||15.4||15.4 g/t Au over 1.5m||7.9 g/t Au over 1.0m|
|COM-12-909||1587E||456.1||457.6||1.5||35.9||35.9 g/t Au over 1.5m||14.3 g/t Au over 3.9m|
Quality Assurance and Quality Control (QA/QC)
Maudore's exploration program is supervised by Alain Carrier, M.Sc., P.Geo., of InnovExplo Inc., a consulting firm based in Val-d'Or, Quebec. Alain Carrier is a Qualified and Independent Person as defined under Regulation 43-101 guidelines. Comtois exploration is conducted under strict QA/QC protocols, including mineralized standards, blanks and field duplicates. Half of all sampled core is retained for future reference and assaying is performed by ALS Chemex laboratories in Val-d'Or and Timmins, Ontario (fire assay with AA finish and gravimetric finish for results above 3 g/t Au).
Kevin Kivi, P.Geo., Maudore's Chief Consulting Geologist, approves the technical content of this press release.
About Maudore Minerals Ltd.:
Maudore Minerals Ltd. ("Maudore") is a Canadian-based gold exploration Company controlling around 96,000ha (960km2 or 370 sq. miles) of claims dominated by gold-prospective Abitibi Greenstone belt in northwestern Quebec. Maudore owns 100% of the Comtois Gold Project defined by a continually expanding resource, solid grades and excellent metallurgical attributes. Infrastructure is excellent:
- North America's lowest cost power
- Abundant water
- Mining-oriented local community and workforce.
Quebec is consistently ranked among the best locations worldwide for
mineral exploration and development.
Cautionary Statement Regarding Forward-Looking Statements
This release contains forward-looking statements. All statements that are not clearly historical in nature or that necessarily depend on future events are forward-looking, and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward-looking statements. These statements are inherently uncertain and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, financial related risks, unstable gold and metal prices, operational risks including those related to title, operational hazards, unexpected geological situations, unfavorable mining conditions, changing regulations and governmental policies, failure to obtain required permits and approval from government authorities, failure to obtain required financing, dependence on key personnel and environmental risks. It is recommended not to place undue reliance on forward-looking statements as the plans, intentions or expectations upon which they are based might not occur. The Company does not assume any obligation to update any forward-looking statements contained in this release, except as required by applicable law.
The TSX Venture Exchange has not reviewed this release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Maudore Minerals Ltd.
Image with caption: "Figure shows the relative location of Osbell Deposit to Greer and Mafic North prospects, on total field magnetics with structural interpretation. (CNW Group/Maudore Minerals Ltd.)". Image available at: http://photos.newswire.ca/images/download/20121121_C2433_PHOTO_EN_21042.jpg
SYS-CON Events announced today Arista Networks will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. Arista Networks was founded to deliver software-driven cloud networking solutions for large data center and computing environments. Arista’s award-winning 10/40/100GbE switches redefine scalability, robustness, and price-performance, with over 3,000 customers and more than three million cloud networking ports depl...
May. 7, 2015 12:45 AM EDT Reads: 3,143
"Blue Box has been around for 10-11 years, and last year we launched Blue Box Cloud. We like the term 'Private Cloud as a Service' because we think that embodies what we are launching as a product - it's a managed hosted private cloud," explained Giles Frith, Vice President of Customer Operations at Blue Box, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
May. 7, 2015 12:30 AM EDT Reads: 3,807
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the...
May. 7, 2015 12:15 AM EDT Reads: 5,908
The DevOps Institute (DOI) launched on Monday with the mission of serving as the premier source for aligning industry standard quality DevOps training and examination services for enterprise IT. The Institute is led by a Board of Regents who will oversee DOI’s offerings in an effort to codify and promote DevOps’ best practices and standards that enable enterprise IT to deliver more value faster to their customers. The initial Board of Regents includes Gene Kim, Lori MacVittie, Sanjeev Sharma, ...
May. 7, 2015 12:15 AM EDT Reads: 1,900
Puppet Labs on Wednesday released the DevOps Salary Report, based on salary data gathered from Puppet Labs' industry-recognized State of DevOps Report. The data confirms that market demand for DevOps skills is growing, and that DevOps engineers are among the highest paid IT practitioners today. That's because IT organizations today are grappling with how to be more agile and responsive to the business, while maintaining the stability of their infrastructure. DevOps practices, such as continuous ...
May. 7, 2015 12:15 AM EDT Reads: 2,415
In a world of ever-accelerating business cycles and fast-changing client expectations, the cloud increasingly serves as a growth engine and a path to new business models. Dynamic clouds enable businesses to continuously reinvent themselves, adapting their business processes, their service and software delivery and their operations to achieve speed-to-market and quick response to customer feedback. As the cloud evolves, the industry has multiple competing cloud technologies, offering on-premises ...
May. 7, 2015 12:00 AM EDT Reads: 3,237
DevOps approaches within “Unicorns” vary significantly from the reality of DevOps in the enterprise. Most enterprises manage portfolios of heterogeneous applications that are increasingly interconnected, delivered by global teams, at various stages of technology maturity, and are often encumbered by additional compliance and governance obligations. In his session at DevOps Summit, Dalibor Siroky, Director and co-founder at Plutora, will discuss the emerging and evolving experiences of Agile, Co...
May. 6, 2015 10:00 PM EDT Reads: 735
Artifactory binary repository management system. As one of the most widely used binary repositories and the only repository that offers a high availability clustered solution, the integration with Artifactory helps customers easily adopt CA Release Automation to optimize their entire software development lifecycle. “Artifactory is a standard maker at the continuous-integration domain and provides the user a powerful repository experience with the freedom to choose his own tools set and ecosyste...
May. 6, 2015 08:30 PM EDT Reads: 732
Zerto has announced the general availability of Zerto Virtual Replication 4.0 (ZVR 4.0). The company’s enterprise-class business continuity/disaster recovery (BC/DR) software is the first to protect, replicate, and migrate data between VMware vSphere and Microsoft Hyper-V hypervisors, as well as across private, hybrid and public cloud environments including Amazon Web Services (AWS). ZVR 4.0 also allows channel partners and cloud service providers to expand their offerings to grow revenues by pr...
May. 6, 2015 07:30 PM EDT Reads: 733
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading in...
May. 6, 2015 06:30 PM EDT Reads: 981
@ThingsExpo has been named the Top 5 Most Influential Internet of Things Brand by Onalytica in the ‘The Internet of Things Landscape 2015: Top 100 Individuals and Brands.' Onalytica analyzed Twitter conversations around the #IoT debate to uncover the most influential brands and individuals driving the conversation. Onalytica captured data from 56,224 users. The PageRank based methodology they use to extract influencers on a particular topic (tweets mentioning #InternetofThings or #IoT in this ...
May. 6, 2015 06:15 PM EDT Reads: 2,755
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long developmen...
May. 6, 2015 05:00 PM EDT Reads: 1,093
While Docker continues to be the darling of startups, enterprises and IT innovators around the world, networking continues to be a real mess. Indeed, managing the interaction between Docker containers and networks has always been fraught with complications. Without automation in networking, the vision of running Docker at scale and letting IT run the same apps unchanged on the laptop and in the data center or for any cloud cannot be realized.
May. 6, 2015 05:00 PM EDT Reads: 1,039
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises a...
May. 6, 2015 04:45 PM EDT Reads: 868
Why does developer experience matters, what makes for a great developer experience and what is the relationship between developer experience and the broader field of user experience? Software developers are gaining more influence over the purchase decisions of technologies with which they must build on and with which they must integrate. For example, the success of Amazon Web Services, Heroku and MongoDB has been driven primarily by individual software developers choosing to use these tools, ra...
May. 6, 2015 04:45 PM EDT Reads: 721