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Encore Renaissance Resources Corp V.EZ



TSXV:EZ - Post by User

Post by kprawnon Feb 05, 2010 5:09am
477 Views
Post# 16754873

:-) news- EZ samples 69.2g/t over 1.26m at new vei

:-) news- EZ samples 69.2g/t over 1.26m at new vei
Encore Renaissance Samples 69.2 g/t Over 1.26 Metres on New Portal Vein
2/5/2010 3:01:33 AM - Market Wire

VANCOUVER, BRITISH COLUMBIA, Feb 05, 2010 (MARKETWIRE via COMTEX News Network) --

ENCORE RENAISSANCE RESOURCES CORP. (TSX VENTURE: EZ)(FRANKFURT: OUH1)(PINK SHEETS: ERRCF) Encore Renaissance Resources Corp. (the "Company") reports on the initial sampling results of a quartz vein and veined stock work zone discovered on the Bonaparte Gold Project decline. This is one of numerous repetitious quartz veined systems expected to be encountered through the development of Encore's underground mine plans. The quartz sulphide zone is trending north by north-east with sets of veins trending east-west and includes the randomly broad network of quartz sulphide stock work zoned as a high-level porphyry deposit that have been identified. The new vein 20 zone was encountered 12.07 metres down from the portal entrance and is currently still extracting well mineralized quartz sulphide ore at the decline heading face. To date Feb 1st the vein zone is currently 34.50 metres in length to our next blast round. Advancement through our development is still in highly mineralized quartz-sulphide dioritic intrusive. At the current decline heading this indicates that this continues on for some distance.

Michael Mulberry, President of the company stated, "The results from the mine continue to verify our initial opinions on the potential for the Bonaparte Mine to become a reality. We still have more milestones to achieve on this prospect, however all indications are equal to or better than expected to date. Management is optimistic about what 2010 will bring for Encore shareholders as the company develops our flagship property."

At this point our development plan for the decline is to turn to the south-east direction heading for numerous other highly mineralized multi-ounce gold veins known to the east, and then to the west to the Crow vein. With the scale of intensity and the regular random nature of the veins and stock work veins so far exposed on surface and underground, we anticipate further discoveries. This method of development mining will build strong continuity on understanding the geology and structural nature of the veins in a three dimensional model.

Large multi-samples per interval sampling method will clearly identify bulk minable zones and mining will continue on high grade zones, continually stock piling for shipping to the Kinross Republic Mine in Washington State.

The 20 vein is comprised of an assemblage of semi-massive irregular clusters of sulphide chalcopyrite, pyrrhotite, pyrite, and minor tetrahedrite. Two vein samples assayed 43.5 g/t over 1.02 metres and 69.2 g/t over 1.26 metres and all of this material is stock piled for shipping. All other grade material will also be stock piled. Throughout the vein and stock works the same characteristics are shown as in the Crow vein ore and in all known veins.

The landmark development from this project has identified high gold values in veins metres below surface and a comprehensive large scale stockwork vein system that covers the entire underground development and the surfaced exposed dioritic body. The surface body 300 X 300 metres traced from earlier development was unclear on the overall margins boundary of this deposit but it definitely extends past all previous exploration workings and is open in all directions including depth. One vein close to 100 metres to the north of the portal was exposed during construction and was 1.0 metre in width and appears to be an extension of numerous veins near the portal entrance vein stock work zones that were exposed in the fall. This brings the strike of several veins to nearly 270 meters traced and remains open. Further surface exploration will commence later.

Observations from sampling analysis have confirmed a free gold nugget affect within this deposit area. Sampling method on veins was chip panel 10 kilogram bag across the veins generally one per blast round and 3 random 10 kilogram bags from the top of pile and 3 random 10 kilogram bags from the bottom collecting material totalling 6 bags per round.

From both sampling the vein and the entire blast rounds systematically has conclusively encountered a course gold zone out side of the veins in the intensely chloritic alteration within dioritic host.

Results of the quartz vein sampling from 12.07 metres of the decline advancing 22.43 meters of the decline are as follows:

Sample # Sampled Vein Width Au g/t Blast advance Panel chip
265543 Quartz vein 0.30 m 2.25 g/t 12.07 m at face depth
265557 Quartz vein 0.52 m 5.89 g/t 15.52 m at face depth
265558 Quartz vein 1.02 m 43.5 g/t 17.25 m at face depth
265571 Quartz vein 0.82 m 1.32 g/t 18.97 m at face depth
265578 Quartz vein 1.21 m 9.92 g/t 20.70 m at face depth
265585 Quartz vein 1.23 m 6.85 g/t 22.42 m at face depth
265592 Quartz vein 1.26 m 69.2 g/t 24.15 m at face depth
265599 Quartz vein 1.12 m 0.99 g/t 25.87 m at face depth
265606 Quartz vein 0.87 m 3.46 g/t 27.60 m at face depth
265613 Quartz vein 0.83 m 0.74 g/t 29.32 m at face depth
265620 Quartz vein 0.65 m 6.29 g/t 31.05 m at face depth
265627 Quartz vein 0.43 m 4.01 g/t 32.77 m at face depth
265631 Quartz vein 0.31 m 6.16 g/t 34.50 m at face depth

Results of blast round sampling

Sample# Au Average Au
15.52 to 17.25 metres 265559 0.99 g/t
265560 2.25 g/t
265561 0.85 g/t
265562 0.87 g/t
265563 0.81 g/t
265564 3.70 g/t 1.57 g/t
17.25 to 18.97 metres 265565 2.42 g/t
265566 3.32 g/t
265567 2.62 g/t
265568 20.6 g/t
265569 2.65 g/t
265570 13.3 g/t 7.48 g/t
18.97 to 20.7 metres 265572 6.27 g/t
265573 4.73 g/t
265574 11.6 g/t
265575 3.74 g/t
265576 1.83 g/t
265577 3.20 g/t 10.45 g/t
20.7 to 22.42 metres 265579 10.2 g/t
265580 8.96 g/t
265581 12.7 g/t
265582 5.78 g/t
265583 5.10 g/t
265584 5.35 g/t 8.01 g/t
22.42 to 24.15 metres 265586 20.2 g/t
265587 6.26 g/t
265588 11.8 g/t
265589 12.3 g/t
22.42 to 24.15 metres 265590 6.57 g/t
265591 5.80 g/t 10.48 g/t
24.15 to 25.87 metres 265593 15.8 g/t
265594 9.61 g/t
265595 10.5 g/t
265596 1.19 g/t
265597 1.45 g/t
265598 1.00 g/t 6.59 g/t
25.87 to 27.6 metres 265600 6.67 g/t
265601 12.1 g/t
265602 6.53 g/t
265603 1.48 g/t
265604 0.70 g/t
265605 1.08 g/t 4.76 g/t

Further assay results are pending.

Encore Renaissance is continuing developing the decline on the Bonaparte Gold project shifting southeast continuing with proposed coerce towards the chickadee vein, and eagle vein following mining close to 80 metres potentially, then drifting under the Raven, Nutcracker, and Jewellery box developing grade and tonnage.

This release has been reviewed by Laurence Stephenson P.Eng. the designated Qualified Person.

Michael Mulberry, President and Director

Encore is a well diversified junior with projects that include its flagship property, The Bonaparte Gold Mine, located near Kamloops, British Columbia. Encore also has approximately 5,200 contiguous acres bordering Underworld Resources in the Yukon, approximately 160,000 contiguous acres of land prospective for lithium in Alberta, and 6,660 acres of land in the Stewart Mining Region of British Columbia.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the content of this press release.

Contacts: Encore Renaissance Resources Corp. Michael Mulberry President and Director (604) 910-1004 info@encorerenaissance.com www.encorerenaissance.com Encore Renaissance Resources Corp. PO Box 48474, Bentall Centre Vancouver, BC Canada V5C 2M7

SOURCE: Encore Renaissance Resources Corp.

mailto:info@encorerenaissance.com https://www.encorerenaissance.com

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