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GreenStar Agricultural Corporation V.GRE



TSXV:GRE - Post by User

Post by RMC12345on Oct 05, 2005 9:49am
153 Views
Post# 9658563

MUG 85.5 g/t over 4.0 m in Windfall trench

MUG 85.5 g/t over 4.0 m in Windfall trenchMurgor's new trenching at Windfall returns 85.8 g/t gold over 4.0 metres on zone F-11. MONTREAL, Oct. 5, 2005 (Canada NewsWire via COMTEX) -- Murgor Resources Inc. (MUG: TSX-V) is pleased to report initial results from an ongoing mechanical trenching program at the Windfall property in north-western Quebec. The current mechanical trenching program at the Windfall property is aimed at uncovering new mineralized zones at the property-scale and exposing known mineralized zones to gain a better understanding of their structural controls. The program started on the F-11 zone where channel samples returned gold values of up to 85.80 g/t Au over 4.00 metres (including a one metre interval grading 328.00 g/t Au). Zone F-11 was discovered by mechanical trenching in November of 2004 when a channel sample returned 40.62 g/t Au over 5.9 meters. Subsequent drilling of the Zone, in the winter 2004-05, was highlighted by the results listed below: << ------------------------------------------------------------------------- DDH LINE STN Az. Incl. L (m) BEST RESULTS ------------------------------------------------------------------------- WIN-04-02 11+50 W 12+00 N 330 -50 188 8.34 g/t Au over 3.50 m from 90.5 to 94.0 m ------------------------------------------------------------------------- WIN-04-03 10+15 W 13+30 N 330 -50 116 3.78 g/t Au over 2.00 m from 114.0 to 116.0 m ------------------------------------------------------------------------- WIN-05-30 12+42 W 13+56 N 130 -50 167 11.91 g/t Au over 17.0 m from 69.0 to 86.0 m ------------------------------------------------------------------------- WIN-05-34 12+00 W 13+50 N 210 -50 101 8.18 g/t Au over 3.0 m from 66.0 to 69.0 m ------------------------------------------------------------------------- WIN-05-40 13+56 W 13+78 N 150 -85 155 3.35 g/t Au over 3.0 m from 85.0 to 88.0 m ------------------------------------------------------------------------- >> The gold mineralization at the F-11 Gold Zone consists of gold-bearing pyrite-magnetite bodies with minor amounts of quartz veining hosted by intensely chloritized rhyolitic flows. Trace visible gold was observed in drill hole Win-04-02 in a quartz vein and in drill hole Win-05-30 as disseminations in the host rocks. Current data suggests that the mineralization is NE-trending and steeply north-dipping with a well defined near-surface geophysical signature that extends for a strike length of 500 meters. The ongoing mechanical trenching program is providing crucial information about the geometry of the F-11, F-17 and F-51 mineralized zones that will help during the next drilling program at Windfall. Additional trenching results on the property are pending. The Windfall Property is comprised of 214 mining claims covering an area of 8,995 hectares and is held 50% by Murgor Resources Inc. and 50% by Freewest Resources Canada Inc. (FWR: TSX-V). To date, 10,375 meters of drilling have been completed at the Windfall Property since November 2004 and three mineralized zones have been discovered. An extensive exploration program of line cutting, detail structural analysis of the mineralized zones, induced polarization and mechanical trenching, in was carried-out during the summer of 2005 and drilling is scheduled to resume in November of 2005. The current exploration program is designed to better understand the known gold zones (F-11, F-17 and F-51), test existing induced polarization anomalies and outline additional gold zones. Management at Murgor and Freewest continue to be extremely enthusiastic about the Windfall Project and is looking forward to continued exploration of the property. Numerous targets and more than 90% of the property remain untested. Gold analyses reported in this release were performed by standard 30g fire assay with AA finish and assays were performed by ALS Chemex Laboratories, in Val D'Or, Qc. Andre C. Tessier, P.Geo. (On), P.Eng. (Qc) and President CEO of Murgor Resources Inc. was the Qualified Person in the field and is responsible for the preparation of this news release. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release. SOURCE: MURGOR RESOURCES INC. André C. Tessier, President & CEO, MURGOR RESOURCES INC., (613) 546-7503 or 1-888-891-3330, Fax: (613) 546-7318, info@murgor.com; Web site: www.murgor.com Copyright (C) 2005 CNW Group. All rights reserved.
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