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Global Compliance Applications Corp. V.APP


Primary Symbol: C.APP Alternate Symbol(s):  FUAPF

Global Compliance Applications Corp. ("GCAC") is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses.


CSE:APP - Post by User

Post by billk2on Sep 28, 2005 4:05pm
163 Views
Post# 9624238

this report is clearer

this report is clearerAppalaches cuts 7.2 g/t Au over three m at Baker vein Appalaches Resources Inc (TSX-V:APP) Shares Issued 47,614,907 Last Close 9/27/2005 $0.10 Wednesday September 28 2005 - News Release Mr. Jean-Eudes Guilbault reports POSITIVE DRILL RESULTS FROM LAC ARSENAULT GOLD PROPERTY Appalaches Resources Inc. confirms that the first three drill holes into the Baker vein (see news reported in Stockwatch, Aug. 24, 2005) contain high gold values. BAKER VEIN DRILL RESULTS Hole From To Au Ag (m) (m) (g/t) (g/t) F05-01 31.5 34.5 7.2 22.1 incl. 16.9 96.2 0.4 1.6 3.8 32.4 15.9 115.0 F05-02 46.9 49.4 3.2 16.0 incl. 15.0 151.0 1.3 0.9 2.8 1.8 0.6 1.4 2.8 1.9 1.0 5.1 F05-03 56.7 57.5 4.0 15.0 incl. 12.0 51.1 1.3 2.9 The Baker vein has an exposed surface strike length of 45 metres and is up to one-metre thick in places. The vein is composed of quartz, arsenopyrite, galena, sphalerite and chalcopyrite. Following receipt of these positive results, Ressource Appalaches commenced a second drill program of six additional holes, for a planned total of 420 metres. These holes are designed to determine the lateral extensions of the vein to a depth of 50 metres. A second mineralized vein, the Mersereau vein, located 60 metres southwest of the Baker vein, was identified as a result of recent stripping. This vein was observed over a strike length of 130 metres and is open at both ends and at depth, as is the Baker vein. A detailed evaluation program will be conducted in order to determine the economic value of this second quartz vein. Assays were performed by ALS Chemex, in Val d'Or, using atomic absorption and ICP. The contents of this news release were prepared by Alain Hupe, geologist and National Instrument 43-101 qualified person. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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