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True North Gems’ drilling extends Aappaluttoq mineralization at Greenland ruby project
True North Gems (TGX: TSX-V) is pleased to announce that drilling completed to date as part of the 2008 exploration and pre-feasibility program has been successful in extending known ruby and pink sapphire mineralization and has intersected new intervals of high grade concentrations of mineralization from both the Aappaluttoq and Aappaluttoq Deep Zones at the Company's 823 km2 Fiskenaesset Ruby Project, located on the southwest coast of Greenland.
In 2008, a total of 1,834.8 metres were drilled in 19 drill holes to a maximum depth of 176.8 metres. This program was implemented to test an area of the Host Zone to the north and west of previous drilling, and to the east along the projected strike of the Aappaluttoq Deep Zone. Fourteen of these drill holes contain significant concentrations of ruby and pink sapphire. In addition, all of the eight holes targeted to intersect the Aappaluttoq Deep Zone were successful in identifying significant concentrations and confirming the continuity of ruby and pink sapphire mineralization.
Ruby and pink sapphire, identified in core from 2008 drilling, occurs at intervals that vary from less than 1 metre and up to 12 metres in thickness and at down hole depths from 1.2 metres to 152.5 metres. Individual crystals, visible in core, range in size from less than 1 mm to 45 mm in size and comprise from less than 0.5 percent to more than 25 percent of ruby and sapphire by rock volume within these intervals. Coarse crystals occurred in massive aggregates to more than 11 centimetres along the core axis.
Read more here.
Posted
Thursday,
August
21, 2008
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NEWS LIST |
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» Tele Greenland is inaugurating sea cable in 2009 |
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(Friday,
September
19, 2008) |
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» True North Gems’ drilling extends Aappaluttoq mineralization at Greenland ruby project |
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(Thursday,
August
21, 2008) |
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» N.Y. Times' journalist praises Greenland |
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14, 2008) |
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» True North Gems obtains renewal for Greenland ruby exploration license |
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» The Ilulissat Declaration - Arctic Ocean Conference |
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(Thursday,
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29, 2008) |
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» Swedish oil company joins hunt for oil and gas in Greenland |
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(Monday,
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26, 2008) |
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