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Conway Resources Inc CWNYF



GREY:CWNYF - Post by User

Post by denj681on Mar 04, 2011 1:55pm
236 Views
Post# 18233451

NI 43-101 sample and magnetics work

NI 43-101 sample and magnetics work

Since 2003, more than 200 outcrop areas were identified and GPS located

following N-S 100 and 200 metres spaced cut grid lines. Old vein site such as veins No. 5, 12W, 26, 19, 30, 14, 15, 16, 18, 28 and 29 were visited, prospected, stripped, mapped and sampled.


The 2006 autumn field season permitted the sampling (669 samples) of the old tailings using a hydraulic auger to sample 5 levels though the tailings (surface, 3 m, 6 m, 9 m and 12 m levels). Twenty-one (21) samples were also assayed to verify the acidity (Ph level) of these tailings. The assay results confirmed that McIntyre mine old mill was efficient with a high recovery rate and that the old tailings were not acid generator.


In summer 2007, outcrop stripping over Vein No. 12W was realized followed with washing, mapping and channel sampling revealing the following assay results: 4.05 g/t Au over 1.0 metre; 2.02 g/t Au over 1.0 metre; 2.06 g/t Au over 1.0 metre. Recent work clearly show that several gold mineralized structures remain to be investigated at surface particularly at proximity and in extension of old known infrastructures and outcropping auriferous veins but also over recently observed anomalous structures as well as on veins 5, 15, 19, 28 and 29.


Recent surface exploration work over vein No. 12W and remaining historical in situ resources of 317,600 metric tons at 3.43 g/t Au as well as vein No. 14 with 364,600 metric tons at 4.11 g/t Au confirm that this property has a significant potential for extending gold mineralized structures and deserves systematic exploration and definition work in order to adequately evaluate this potential.

In autumn 2008, a total of 4,949 metres distributed over 18 drill holes was realized on veins No. 14, No.16 and associated subsidiary conjugate auriferous structures. These 7 drill holes have also permitted to recognize other ramifications and small vein and vein let networks which are located between veins Nos. 14 and 16.



In autumn 2009, geophysical surveys (Ground Magnetometric, VLF and I.P.) were completed on some lines (18 kilometres) and IP in some diamond drillholes by Geosig Inc. in Québec. The most significant assay results obtained in DDHs on vein No. 14 gave 8.33 g/t Au over 2.06 metres; 1.13 g/t Au over 8.7 metres; 2.41 g/t Au over 2.01 metres; 4.39 g/t Au over 2.0 metres; 3.84 g/t Au over 0.26 metres; 1.66 g/t Au over 4.0 metres and 3.97 g/t Au over 0.97 metres. The most significant Vein No. 16 intersections revealed 7.08 g/t Au over 1.0 metre; 1.06 g/t Au over 1.1 metres; 1.01 g/t Au over 2.7 metres; 1.25 g/t Au over 1.0 metre; 26.35 g/t Au over 2.61 metres and 1.16 g/t Au over 1.42 metres.


Approximately 30 such auriferous structures (veins) were identified on the property. Vein No. 12, which was the main source of gold ore during production in the 1950-1960’s still has interesting and significant potential for outlining future resources near shaft No. 1 near surface, at depth between levels 700 and 1800 feet, to the east between levels 700 and 1100 feet and sections 2900 and 3200.


Veins Nos. 14 and 16 still remain a priority, they are open in all directions (E-Wdepth). Several other veins such as 12W, 26, 11, 1, 7 in particular have not been sufficiently explored and require surface trenching (when outcropping) and diamond drilling on their extensions. The authors believe that only part of the mineralized gold resource was mined and that the property still remains host for several more favourable targets to explore and define.

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