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dotbombnoton May 17, 2006 8:29pm
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Newmac cuts 159 m of 0.038% tungsten at Crazy
Newmac cuts 159 m of 0.038% tungsten at CrazyNewmac cuts 159 m of 0.038% tungsten at Crazy Fox
Newmac Resources Inc (C:NER)
Shares Issued 11,291,595
Last Close 5/17/2006 $0.88
Wednesday May 17 2006 - News Release
Mr. David Hjerpe reports
NEWMAC RESOURCES INC.: 159 M OF 0.038% TUNGSTEN MINERALIZATION FOUND
Newmac Resources Inc. is providing its results for diamond drill hole 06-10 on the Crazy Fox molybdenum project, located 20 kilometres north-northwest of the village of Little Fort, in British Columbia.
Selected intervals of tungsten from diamond drill holes 06-10 are presented below.
SELECTED INTERVALS OF TUNGSTEN
FROM DIAMOND DRILL HOLES 06-10
From To Int. Int. W WO3
Hole (m) (m) (m) (ft) (%) (%)
06-10 1.5 160.5 159.0 521.5 0.038 0.048
Incl. 7.5 154.5 147.5 483.8 0.040 0.050
13.5 133.5 120.0 393.6 0.043 0.054
Hole 06-10 is located on the eastern flank of the Crazy Fox mineralized intrusive complex. Tungsten is typically zoned around or flanking the upper portions of climax Mo-W deposits, which is consistent with the location of this diamond drill hole on the Crazy Fox property.
Molybdenum is widespread on the property; its grade is controlled to a large extent by the degree of fracturing present. Exploration to date has focused in locating those zones, which are likely to produce optimum mineralization with optimum fracturing. The project continues to encounter widespread and variable mineralization in both molybdenum and tungsten. Results will be published as they are received.
Assays were performed by Acme Analytical Laboratories Ltd. of Vancouver, B.C. Molybdenum and tungsten assays were determined by aqua-regia acid digestion and ICP analysis.
The technical content of this news has been reviewed by W.A. Howell, PGeo, a qualified person within the definitions of National Instrument 43-101.
?2006 Canjex Publishing Ltd.