Another Opinaca propertySome of you's may want to sell some SPX for DAR. Good Luck
d'Arianne starts 3,000-metre drilling at Opinaca
2006-02-01 11:33 ET - News Release
Mr. Norman Forrest reports
D'ARIANNE RESOURCES STARTS 3,000 METERS OF DRILLING ON OPINACA
d'Arianne Resources Inc.'s drilling has started on the Opinaca property which is located south of the Opinaca reservoir at James Bay. The 3,000-metre program will focus on the Contact showing which returned very good gold results, up to 567 grams per tonne (g/t) gold (Au) on surface, during two recent exploration programs completed in the summer and fall of 2005. The Opinaca property was previously explored at surface but has never been drilled before. The objective of this initial drilling phase is to test the potential at depth of the Contact zone as well as its lateral extensions.
Contact zone
The works done during the summer and fall of 2005 confirmed the presence of a 50-metre by 300-metre gold corridor. During the initial sampling program in July, 2005, 10 chosen samples from the Contact zone returned more than one g/t Au, with two samples grading 85.7 g/t Au and 567 g/t Au (see Stockwatch news dated Sept. 27, 2005).
During last fall's program, 60 channel samples extracted from the Contact zone (see Stockwatch news dated Oct. 27, 2005) confirmed the potential of this important gold structure. From the 60 samples recovered, seven values were higher than 10 g/t Au with two grading 38.13 g/t Au and 105.81 g/t Au, and 18 samples returned grades higher than five g/t Au. Fifteen channel samples from this same zone returned more than one g/t Au. All of these results originating from a group of quartz veins within a mineralized corridor 30 metres wide confirm an important gold presence in this geological context.
The continuing drilling will test the attitude of the veins at depth and their lateral extensions, as well as the average gold grades of these veins, located within this important alteration corridor.
Chino zone
The Chino zone is located 1.4 kilometres east of the Contact zone. Previous exploration completed in the 1990s showed interesting potential for gold in this area of the Opinaca property. On this zone, four gold-bearing veins were identified and partially channelled.
Channel sample results showed grades up to 7.94 g/t Au on four metres, including 24.69 g/t Au on one metre, 4.9 g/t Au on three metres, 5.81 g/t Au on nine metres, 5.5 g/t Au on 2.3 metres, 4.86 g/t Au on three metres as well as 10.66 g/t Au on 1.4 metres, while some chosen samples returned values of 6.75 g/t Au and 8.22 g/t Au (GM55492 and GM56347).
These showings reveal interesting gold potential and management is planning important mapping works as well as striping and channel sampling in the next spring in order to identify the best drilling targets on this other gold zone.
Renard zone
Located more than 2.5 kilometres southwest of the Contact zone, the Renard gold zone also holds interesting results. Chosen samples returned assays up to 6.38 g/t Au (GM56347). This third favourable gold zone will also be worked on in the spring to improve the understanding of the geological context.
Management is confident to identify additional showings on this property during future surface works.
Location of the Opinaca property
Located south of the Opinaca reservoir, the Opinaca property covers an area of 1,057 hectares and spreads east to west on five kilometres and on two kilometres to three kilometres north-south. It is located 50 kilometres east of road relay kilometre 381 on the James Bay road. The access to the Opinaca property is greatly improved with the newly constructed electrical power lines.
Opinaca reservoir
The environment of the Opinaca reservoir contains numerous mineralized showings despite the low level of previous exploration done in the area. In addition to these showings, the area includes the lac a l'Eau Claire deposit (Eastmain Resources: 990,000 ounces of gold; refer to Stockwatch news for Eastmain Resources Inc. dated March 3, 2005) and the Roberto-Eleonore discovery (Goldcorp/Virginia: resources not yet determined).
The recent acquisition in this area by Goldcorp, the existence of gold deposits, the rise in the price of gold and the presence of many other exploration companies suggest the emergence of a new mining camp.
It's in this very favourable context that the company is starting phase 1 of the drilling campaign on the Opinaca property, Contact zone.
The drilling campaign is done under the supervision of Bernard Lapointe, PhD, a National Instrument 43-101 qualified person, and assays will be performed at Laboratoire Expert Inc. of Rouyn-Noranda.