Explorator has completed Phase One of its confirmation 2,000 meter drilling program and commenced Phase Two of its 25,000 meter resource definition drilling program of the main El Espino copper zone.
Following are the results to date from both programs:
Current Exploration
FIGURE 1
|
Results from the latest holes follow:
|
|
HOLE NO. |
FROM/TO |
WIDTH |
Cu |
Au |
|
MXE-01 |
12-15
32-84
174-184 |
3m
52m
10m |
0.98% Cu
0.51% Cu
0.46% Cu |
0.01g/tAu
0.14g/tAu
0.83g/tAu |
|
MXE-02
|
52-83
incl.69-74 |
31m
3m |
0.27% Cu
1.05% Cu |
0.05g/tAu
0.09g/tAu |
|
MXE-03
|
90-93
122-132
160-210 |
3m
10m
50m |
1.53% Cu
0.85% Cu
1.10% Cu |
0.05g/tAu
0.11g/tAu
0.11g/tAu |
|
MXE-04 |
62-82 |
20m |
0.17% Cu |
0.01g/tAu |
|
MXE-05 |
18-44
incl. 18-26 |
26m
8.0 |
0.60% Cu
0.96% Cu |
0.04g/tAu
0.09g/tAu |
|
MXE-06 |
129-154
incl. 132-135
and 144-149 |
25m
3m
5m |
1.40% Cu
5.03% Cu
1.92 |
0.25g/tAu
0.48g/tAu
0.30g/tAu |
|
MXE-07 |
173-186
incl. 174-180 |
13m
6.0 |
2.07% Cu
0.61% Cu |
0.04g/tAu
0.07g/tAu |
|
MXE-08 |
128-193
234-250 |
65m
16m |
2.07% Cu
0.61% Cu |
0.31g/tAu
0.10g/tAu |
|
MXE-09 |
210-241
incl. 219-238
and 261-263 |
31m
19m
2m |
0.75% Cu
1.01% Cu
6.03% Cu |
0.55g/tAu
77g/tAu
8.25g/tAu |
FIGURE 2
|
|
HOLE NO. |
FROM/TO |
WIDTH |
Cu |
Au |
|
MXE-10 |
90-96 |
6m |
0.49% Cu |
|
|
MXE-11 |
21-153
with |
132m
21m |
0.52% Cu
1.09% Cu |
0.11g/tAu
0.20g/tAu |
|
MXE-12 |
No Significant Results |
|
MXE-13 |
70-113 |
43m |
0.24% Cu |
0.02g/tAu |
|
MXE-14 |
72-87
with |
15m
6m |
1.22% Cu
2.71% Cu |
0.04g/tAu
0.08g/tAu |
|
MXE-15 |
90-144
with |
54m
10m |
1.11% Cu
1.48% Cu |
0.25g/tAu
0.71g/tAu |
|
MXE-20 |
185-194 |
9m |
0.37% Cu |
0.06g/tAu |
|
MXE-21 |
57-68
with |
26m
6m |
0.65% Cu
1.77% Cu |
0.20g/tAu
0.65g/tAu |
|
MXE-22 |
47-59
164-176
with |
12m
12m
6m |
0.35% Cu
0.41% Cu
0.7% Cu |
0.03g/tAu
0.03g/tAu
0.04g/tAu |
|
MXE-23 |
0-38
with |
38m
29m |
0.80% Cu
0.98% Cu |
0.12g/tAu
0.15g/tAu |
|
MXE-24 |
54-69
with |
15m
2m |
0.37% Cu
1.36% Cu |
0.05g/tAu
0.07g/tAu |
|
MXE-30 |
24-52
with |
28m
14m |
0.54% Cu
0.80% Cu |
0.14g/tAu
0.21g/tAu |
|
MXE-31 |
26-66
with |
40m
28m |
0.57% Cu
0.68% Cu |
0.62g/tAu
0.83g/tAu |
|
MXE-32 |
0-6
26-28
40-42 |
6m
2m
2m |
0.22% Cu
0.69% Cu
0.17% Cu |
0.02g/tAu
1.09g/tAu |
REGULATORY FOOTNOTE
Mr. Michael Schuler, Explorator Resources' Vice President, Exploration is the "Qualified Person" as defined under the National Instrument 43-101 and is responsible for the scientific and technical work on Explorator's exploration program and is responsible for reviewing the technical disclosure in this news release.
All analytical work has been completed by ALS Chemex of La Serena in Chile; ALS Chemex is a respected international analytical service which is accredited with NATA and complies with standards of ISO 9001:2000 and ISO17025:1999. They employ a variety of international standards for quality control purposes.
Samples are transported from the Project to the ALS Chemex laboratory in La Serena sample by Company personnel or a reputable commercial carrier. All analytical testing is performed utilizing a variety of industry standard analytical techniques, including: (i) ALS Analytical Code Au-ICP22 (Au 50g fire assay with ICP-AES finish), (2) ALS analytical code Au-GRA22 (Au 50g fire assay with a gravity finish), (3) ALS analytical code ME-ICP61 (33 element analysis using a four acid digestion and ICP-AES analysis), (4) ALS analytical code Cu-AA62 (ore grade copper analysis using a four acid digestion and an AAS finish
All diamond drill core is geologically logged, cut in half using a diamond saw and sampled by Company geologists in one(1) to three(3)meter sample intervals depending on visual grade estimates; the archive portion of the sample is securely stored at the company's core shed adjacent to the office in the town of Illapel. each Project site. The Company has initiated a QA/QC program consisting of utilizing standards, duplicate and blank samples and laboratory cross-checks and routinely repeats sample analysis.
Trench samples are chip-channel samples taken over a 5-10cm wide channel cut in the bottom of an excavated trench. Sample intervals are normally 2m composites in zones of alteration or mineralization and 5m composites through unaltered selvedges.