Further Positive Results from Channel Sampling at Itogon Gold Project, Philippines
Laguna Hills, California (FSCwire) - TIGER INTERNATIONAL RESOURCES, INC. (TGR.V) is pleased to provide the following update on activities at the Itogon gold project, Philippines.
The Itogon project is 100% held by Tiger International’s Philippine subsidiary Cordillera Tiger Gold Resources, Inc. (“Cordillera Tiger”) under an exploration permit granted by the Philippine government.
ECR Minerals plc (“ECR”) of London, United Kingdom has the right to earn a 50% interest in the Itogon project and is currently the operator of the project, through Cordillera Tiger. The text below is excerpted from a news release by ECR made September 1st, 2014.
HIGHLIGHTS
* Assay results from third phase of channel sampling by ECR at Itogon project include, at surface, 18m averaging 2.78g/t gold and 34m averaging 0.71g/t gold
* Results continue to demonstrate gold mineralisation at surface outside the zones tested by previous drilling; please see accompanying maps
* Promising results from channel sampling in underground workings; 44m averaging 0.30g/t gold in one adit and grades of up to 7.38g/t over 1m in another
* Drilling expected to recommence at Itogon project during Q4 2014
Stephen Clayson, Chief Executive Officer of ECR, commented:
“We are pleased to be reporting another round of positive channel sampling results from Itogon. Channel sampling continues at the project, and is focused on obtaining further information as to the extension of mineralisation at surface to the south, south-east, south-west and east in the central to southern sections of the main prospect area, outside the extent of previous drilling by ECR and historical drilling, and on helping to refine ECR’s overall geological interpretation of the main prospect area.
The data being generated by the current work is very valuable and is being used to inform detailed planning of the next phase of drilling. We anticipate that drilling will recommence at Itogon during Q4 2014, once a suitable drill rig becomes available from our contractors.”
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Table 1: Phase 3 Channel Sampling
Itogon Gold Project, Philippines
Channel Lengths and Average Grades
|
|
Mapping Point
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From
m
|
To
m
|
Length
m
|
Average Grade
g/t Au
|
|
Surface channel samples
|
|
MP-37
|
0
|
16
|
16
|
0.32
|
|
MP-38
|
0
|
0.5
|
0.5
|
9.86
|
|
MP-39
|
0
|
0.5
|
0.5
|
3.29
|
|
MP-40
|
0
|
0.5
|
0.5
|
7.26
|
|
|
|
|
|
|
|
MP-41
|
0
|
18
|
18
|
2.78
|
|
inc.
|
0
|
2
|
2
|
2.69
|
|
inc.
|
8
|
10
|
2
|
9.08
|
|
inc.
|
10
|
12
|
2
|
1.85
|
|
inc.
|
12
|
14
|
2
|
6.52
|
|
inc.
|
16
|
18
|
2
|
2.43
|
|
|
|
|
|
|
|
MP-42
|
0
|
10
|
10
|
0.54
|
|
MP-43
|
0
|
6
|
6
|
0.47
|
|
|
|
|
|
|
|
MP-44
|
0
|
8
|
8
|
0.71
|
|
inc.
|
4
|
6
|
2
|
1.44
|
|
|
|
|
|
|
|
MP-45
|
0
|
6
|
6
|
0.96
|
|
inc.
|
0
|
2
|
2
|
1.30
|
|
inc.
|
2
|
4
|
2
|
1.27
|
|
|
|
|
|
|
|
MP-46
|
0
|
34
|
34
|
0.71
|
|
inc.
|
12
|
14
|
2
|
2.26
|
|
inc.
|
26
|
28
|
2
|
1.41
|
|
|
|
|
|
|
|
MP-47
|
0
|
4
|
4
|
2.03
|
|
inc.
|
0
|
2
|
2
|
3.50
|
|
|
|
|
|
|
|
MP-48
|
0
|
3.5
|
3.5
|
1.84
|
|
inc.
|
0
|
1.75
|
1.75
|
1.40
|
|
inc.
|
1.75
|
3.5
|
1.75
|
2.28
|
|
|
|
|
|
|
|
MP-49
|
0
|
1
|
1
|
0.32
|
|
|
|
|
|
|
|
Underground channel samples
|
|
Julio’s Adit (12 separate 1m channels)
|
|
|
0
|
1
|
1
|
2.48
|
|
|
0
|
1
|
1
|
0.49
|
|
|
0
|
1
|
1
|
0.19
|
|
|
0
|
1
|
1
|
7.38
|
|
|
0
|
1
|
1
|
6.34
|
|
|
0
|
1
|
1
|
0.63
|
|
|
0
|
1
|
1
|
0.42
|
|
|
0
|
1
|
1
|
1.18
|
|
|
0
|
1
|
1
|
0.57
|
|
|
0
|
1
|
1
|
0.08
|
|
|
0
|
1
|
1
|
2.73
|
|
|
0
|
1
|
1
|
0.01
|
|
Benguet Exploration’s Adit
|
|
|
0
|
44
|
44
|
0.30
|
|
inc.
|
16
|
18
|
2
|
1.23
|
|
|
|
|
|
|
|
|
0
|
12
|
12
|
0.34
|
A set of maps relating to the sampling results disclosed in this news release may be viewed at:
http://www.ecrminerals.com/Itogon-channel-sampling-phases-1to3
The maps are for illustration only and should not be relied upon for technical purposes.
Geological mapping highlighted altered, mineralised and/or intensely oxidised occurrences for channel sampling, in some cases following trenching.
Where channels comprised multiple samples, Table 1 discloses the weighted average gold grade for the length of each channel and the grades of any individual samples which exceeded 1 g/t gold. No top or lower cut-off has been applied in calculating weighted averages.
A total of 97 samples were assayed (excluding QA/QC samples), each representing a channel length of between 0.5m and 2m, and representing an aggregate surface channel length of 108m and an aggregate underground channel length of 68m. Channel lengths given in this news release do not necessarily equate to true widths of mineralisation.
Assay values have been expressed in this news release as g/t (grams per tonne) gold but are received from the laboratory expressed as ppm (parts per million) gold. For the purposes hereof ppm gold and g/t can be considered equivalent.
QA/QC
Sampling was carried out under geological supervision. A secure chain of custody was maintained in the transport and storage of all samples, which were shipped to and analysed by Intertek Testing Services Philippines, Inc. (“Intertek”), an internationally accredited independent analytical laboratory in Metro Manila. Upon arrival at Intertek samples were sorted, dried, crushed, split, and a fraction was pulverised. The method of analysis for gold was fire assay (50g charge) with AAS finish.
QA/QC measures including the use of blanks and standards were implemented by ECR and separately by Intertek in relation to the analysis of the samples. The assay data reported is considered acceptable in the context of these measures.
QUALIFIED PERSON
Andrew Tunningley, a Member (Chartered Professional - Geology) in good standing of The Australasian Institute of Mining and Metallurgy (“AusIMM”), is responsible for the work programme being implemented on the Itogon project by ECR and has supervised the preparation of (and in doing so has verified) and approved all technical information contained in this news release.
Mr Tunningley’s standing and membership designation with respect to AusIMM, and the nature and extent of his experience which is relevant to the style of mineralisation and type of deposit under consideration at the Itogon project and to the activity which he is undertaking in relation thereto, enable him to qualify for the purposes of this news release as a Qualified Person as defined in Canadian National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr Tunningley is an independent geological consultant to ECR and has no other relationship of any kind with ECR. Mr Tunningley has no relationship of any kind with Tiger International.
ABOUT THE ITOGON PROJECT
Exploration by ECR to date, including reverse circulation (RC) drilling completed in April 2014, indicates that gold mineralisation in the main prospect area at the Itogon project is hosted by north-north-west trending, south-west dipping to subvertical epithermal veins, with a subordinate set of generally north-east trending veins.
Channel sampling and drilling has confirmed mineralisation over a vertical extent of 250m, open along strike and down dip. ECR’s April 2014 drilling tested a strike length of 400m, and continuation of the strike approximately 200m SE is indicated by exposures observed along creeks and gullies. These exposures are the subject of geological mapping and channel sampling with the objective of confirming this continuation.
The epithermal veins are composed of grey and white, saccharoidal and vuggy quartz with associated clay, calcite, pyrite, galena, sphalerite, chalcopyrite, and vein breccia, hosted by moderately to strongly oxidised and argillised medium grained diorite. Individual veins rarely exceed 1m wide and tend to occur as approximately 0.2m wide, closely spaced, sheeted veins within the altered zones. Establishing the continuity of the vein zones between intercepts at surface, in underground workings and by drilling is an important objective of further exploration.
The highest gold grades are typically associated with multiple narrow, 1-2m wide occurrences of sheeted quartz veins and quartz vein breccia, with a mineralised selvedge grading approximately 0.30 g/t gold or higher associated with these structures.
ABOUT TIGER INTERNATIONAL
Tiger International is a Canadian resource exploration and development company. The Itogon gold project is located in an established gold mining district known as the Baguio Gold Belt on the island of Luzon in the north of the Philippines, and benefits from an extensive historical dataset.
The Itogon project is 100% held by Tiger International’s Philippine subsidiary Cordillera Tiger Gold Resources, Inc. under an exploration permit granted by the Philippine government.
ECR Minerals plc of London, United Kingdom has the right to earn a 50% interest in the Itogon project and is currently the operator of the project, through Tiger International’s Philippine subsidiary Cordillera Tiger.
FOR FURTHER INFORMATION PLEASE CONTACT:
Patric Barry, President, Tiger International Resources, at (949) 362.1600 or by email to 26981@att.net
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/tiger09022014.pdfSource: Tiger International Resources Inc. (TSX Venture:TGR)
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