Black Widow Resources Inc. Receives Compelling Zinc (and Copper)
Assay Results from Recent Drill Program on Its Shunsby Property
TORONTO, ONTARIO--(Marketwired - Jun 12, 2014) - Black Widow
Resources Inc. ("Black Widow" or the "Company") (TSX-VENTURE:BWR)
is pleased to announce that it has intersected massive sulphide
mineralization in each of six holes that were completed during a
recent diamond - drilling program on its Shunsby Property (the
"Property"), accentuated by hole BWR-14-03 that intersected 35.5
meters averaging 2.4% Zinc, including 6.2 meters that averaged 6.1%
Zinc. Significant mineralized intercepts were received for each of
the six holes, the highlights for which are as follows:
Hole ID |
Mineralized Zone |
From (m) |
To (m) |
Interval (m) |
Copper (%) |
Zinc (%) |
Lead (%) |
Silver (g/t) |
|
|
|
|
|
|
|
|
|
BWR-14-01 |
A |
44.7 |
48.1 |
3.5 |
0.14 |
2.07 |
0.45 |
2.5 |
|
B |
53.0 |
58.3 |
5.3 |
0.08 |
1.86 |
0.48 |
1.88 |
|
|
|
|
|
|
|
|
|
BWR-14-02 |
A |
4.1 |
22.0 |
17.9 |
1.06 |
2.15 |
0.56 |
9.95 |
|
including |
10.5 |
16.5 |
6.0 |
1.49 |
3.24 |
0.92 |
5.48 |
|
B |
30.0 |
36.0 |
6.0 |
0.86 |
1.41 |
0.02 |
2.45 |
|
|
|
|
|
|
|
|
|
BWR-14-03 |
A |
10.5 |
46.0 |
35.5 |
0.06 |
2.37 |
0.22 |
1.4 |
|
including |
24.0 |
30.2 |
6.2 |
0.06 |
6.07 |
0.21 |
1.77 |
|
B |
96.2 |
99.5 |
3.3 |
0.32 |
2.18 |
0.3 |
7.06 |
|
C |
116.4 |
121.7 |
5.3 |
1.37 |
3.38 |
0.23 |
4.5 |
|
|
|
|
|
|
|
|
|
BWR-14-04 |
A |
10.0 |
40.7 |
30.7 |
0.29 |
2.81 |
0.31 |
2.71 |
|
including |
22.2 |
28.5 |
6.3 |
0.07 |
5.31 |
0.54 |
2.73 |
|
B |
91.2 |
100.2 |
9.0 |
0.29 |
2.11 |
0.31 |
2.3 |
|
C |
105.0 |
110.0 |
5.0 |
0.73 |
0.95 |
0.02 |
2.2 |
|
|
|
|
|
|
|
|
|
BWR-14-05 |
A |
94.5 |
97.8 |
3.3 |
0.29 |
0.97 |
0.08 |
6.9 |
|
B |
104.0 |
108.0 |
4.0 |
0.12 |
0.98 |
0.19 |
0.9 |
|
C |
115.5 |
121.7 |
6.2 |
1.51 |
1.61 |
0.17 |
3.4 |
|
|
|
|
|
|
|
|
|
BWR-14-06 |
A |
72.0 |
75.5 |
3.5 |
0.03 |
0.82 |
0.13 |
0.85 |
|
B |
85.3 |
87.5 |
2.2 |
0.14 |
3.19 |
0.74 |
1.71 |
The Shunsby Property consists of 20 contiguous crown patent
claims ("patents") comprising 314.43 hectares of mineral and
surface rights, located in central Cunningham Township, southwest
of Timmins, and northwest of Sudbury. BWR's initial diamond
drilling was completed under the supervision of James Burns, P.Eng.
a registered geological engineer in the Province of Ontario, now
residing in Shediac, New Brunswick.
"The recent program was designed to confirm subsurface zinc
and copper mineralization, spaced out over a strike length of
approximately 400 meters. This central zone of mineralization forms
part of a much larger zone that was previously defined by
historical drill holes along with surface trenching dating back to
the early 1950's. The confirmatory program was successful,
mineralization was encountered in each hole, very reminiscent of
what earlier explorers working on the project encountered. The
results of the program that consisted of twinning only six holes
was not conclusive in each case, the historical data will be used
with guarded confidence for future exploration work."
- Mr. Neil Novak, President and CEO of Black Widow Resources
Inc.
Hole BWR-14-01 was setup within a few meters (as per GPS
readings) of historical hole 81-08 drilled as part of a Placer
Exploration program in 1981 at -80 degrees, at an azimuth of 190
degrees to a total depth of 69 meters. No evidence of hole 81-08
was observed, due to deep snow cover at the time of drilling.
Available records for hole 81-08 indicate that a mineralized zone
was encountered between 51.8 meters and 63.4 meters that when
assayed averaged 1.6% copper and 4.7% zinc for a mineralized zone
of 11.6 meters. BWR's hole 14-01 intersected mineralization
commencing at 44.7 meters and continuing intermittently until 58.3
meters for a mineralized intercept of 13.6 meters. The recent hole
returned much lower copper values, with zinc values moderately
correlating with the earlier results.
Hole BWR-14-02 was setup in close proximity (according to GPS
measurements) to historical hole 81-01 was also drilled as part of
a Placer Exploration program in 1981 vertically to a total depth of
41 meters. Little evidence of hole 81-01 was observed, other than
what appeared to be a flat perhaps old drill area. Old drill rods
were found nearby once the snow melted. Records indicate that hole
81-01 intersected a mineralized zone between 26.4 meters and 36.4
meters that averaged 2.5% copper and 0.9% zinc for a mineralized
zone of 10 meters. BWR's hole 14-02 intersected a much wider
mineralized zone commencing at 4.1 meters and continuing
intermittently until 36.0 meters for a mineralized intercept of
31.9 meters. The recent hole had very comparable copper values with
moderately higher zinc values, as such supporting and correlating
well with the earlier results.
Hole BWR-14-03 was setup within a few meters (as per GPS
measurements) of historical hole 56-57 drilled by Shunsby Mines
Ltd., as part of an earn-in option where Teck Exploration took
control of the project later in 1956. As a confirmation of past
drilling, an old drill rod that was used to mark the historical
hole was observed. Available records indicate that Hole 56-57 was
drilled vertically to a total depth of 164 meters, intersecting a
mineralized zone between 27.1 meters and 52.1 meters that averaged
0.1% copper and 3.3% zinc for a mineralized zone of 25 meters.
BWR's hole 14-03 intersected a much wider mineralized zone
commencing at 10.5 meters and continuing intermittently until 46.0
meters for a mineralized intercept of 35.5 meters. The recent hole
had very comparable copper and zinc values, strongly supporting the
earlier results.
Hole BWR-14-04 was setup a few meters away (according to GPS
readings) from historical hole 56-62 initially drilled as part of
an option earn-in by Teck Exploration in 1956. The original hole
was drilled to 65 meters (by Teck) with an initial dip of 45
degrees at an azimuth of 067 degrees. The historical hole was later
extended to a total depth of 132 meters, under the direction of
Franc Joubin in 1966 as he was grooming the property for
Consolidated Shunsby Mines Ltd. During the course of drilling hole
BWR 14-04, the original casing for hole 56-62 was found 3 meters
east of the selected site for BWR 14-04. According to available
records, the historical hole(s) intersected three mineralized
zones, the first of which was between 31.1 meters and 47.9 meters
that averaged 0.03% copper and 4.2% zinc for a mineralized zone of
16.8 meters, followed by a second mineralized zone between 90
meters and 93.3 meters that averaged 0.5% copper and 4.6% zinc for
a mineralized zone of 3.3 meters, followed by a third mineralized
zone between 96.9 meters and 113.9 meters that average 0.98% copper
and 2.3% zinc over a drill intercept of 17.0 meters. BWR's hole
14-04 intersected three mineralized zones as well, commencing at 10
meters and continuing intermittently through to 110.0 meters
down-hole, for a mineralized zone of 100 meters. The recent hole
assay results are distributed very similarly and are very
comparable in grade for both copper and zinc values, thus strongly
supporting the earlier results.
Hole BWR-14-05 was setup within a few meters (according to GPS
readings) of historical hole 68-06 which was drilled by
Consolidated Shunsby Mines Ltd. in 1968 vertically to total depth
177 meters. Evidence of historical drilling consisting of old drill
rods, was found during the setup of the BWR hole. According to
available drill logs, the historical hole intersected a mineralized
zone between 81.7 meters and 89.3 meters that averaged 0.06% copper
and 5.4% zinc for a mineralized zone of 7.6 meters. BWR's hole
intersected three mineralized zones between 94.5 meters and
continuing in and out of mineralization through to 121.7 meters
down-hole, for a moderately mineralized zone of 27.2 meters. The
recent hole assay results are not very comparable in distribution
down hole and the grade for copper is higher in the recent hole
while the grade for zinc values is somewhat less, poorly supporting
the earlier results.
Hole BWR-14-06 was setup within a few meters of historical hole
68-16 which was drilled by Consolidated Shunsby Mines Ltd. in 1968
vertically to 141 meters. No evidence of historical drilling was
observed. According to available records the historical hole
intersected a mineralized zone between 115.8 meters and 121.8
meters that averaged 2.1% copper and 3.1% zinc for a mineralized
zone of 6.0 meters. BWR's hole intersected two mineralized zones
between 72.0 meters going in and out of mineralization through to
87.5 meters down-hole, for a moderately mineralized zone of 15.5
meters. The assay results from the recent hole are comparable in
distribution down hole, however the grade for copper is much lower
in the recent hole while the grade for zinc is more or less
comparable, partially supporting the earlier results.
Discussion of Results
As explained in earlier press releases, (May 14, 2014 and
October 15, 2013) the historical drilling by different operators is
best summarized in the Shunsby Report that is on file with sedar
and available on Black Widow's website:
www.blackwidowresources.com. Historical drilling consisted of 214
drill holes drilled on the property between 1954 and 1993. The
logging and visual observations of mineralized intercepts of the
current holes were reported to be fairly consistent with the
results of historical drilling. The samples selected and assays
received have verified that zinc and copper is present in
potentially commercial grades on the Shunsby property, however the
tenure of mineralization and consistency of reproducible results
(historic vs. current) is somewhat tenuous to confirm. Geological
observations suggest a very long lived subaqueous volcanogenic
event, with numerous episodes of explosive activity followed by
periods of quiescence and accumulation of zinc, copper, lead and
iron sulphide mineralization. This complex geology may partially
account for the variances noted in the comparisons, so it is felt
by management that the historical results can be used confidently
as a guarded guide in locating and planning to identify areas of
mineralization.
The Company is currently reviewing the new drill results
(lithogeochemical review) along with the plethora of historical
data as needed to plan its' follow-up exploration program that may
include: additional diamond drilling, surface trenching, property
bedrock sampling, ground survey line establishment, and geophysical
test surveys (gravity and/or IP surveying).
Analytical Procedures
All samples from this program were submitted to Actlabs'
facility in Sudbury for assaying initially using sample preparation
code RX1 (crush sample so that 90% passes 2mm screen, split 250g
that is pulverized so that 95% passes 105 micron) followed by
multi-element analysis using UT-5 Total Digestion (Ultratrace 5 is
a combination of INAA with a 4-acid digestion ICP/MS. Some of the
resistate elements are provided by INAA. All samples that assayed
over-limits for Cu, Zn and Pb from UT-5 TD were re-analyzed as
needed using 8 Peroxide ICP analysis (Sodium peroxide fusion, acid
dissolution followed by ICP/OES). Actlabs is accredited by the
Standards Council of Canada ("SCC") International Standards
Organization / International Electrotechnical Council ("ISO/IEC
17025").
Qualified Persons
Mr. James G. Burns, P.Eng. was the onsite Qualified Person,
overseeing the drill program. Mr. Burns reported directly to Mr.
Neil Novak, P.Geo., President of Black Widow Resources Inc.. Both
are registered as Qualified Person ("QP") in the Province of
Ontario, as defined by National Instrument 43-101 Standards of
Disclosure for Mineral Projects ("NI 43-101") and Form 43-101F1
Technical Report and Related Consequential Amendments, Messrs.
Novak and Burns have reviewed and approved the technical content of
this press release.
About Black Widow Resources
Black Widow is a public company, quoted for trading on the TSX.V
under the symbol "BWR", with exploration projects in Northern
Ontario, Canada, focused on exploring for base and precious metals.
Management of Black Widow includes an accomplished group of
exploration/mining specialists with many decades of operational
experience in the junior resource sector. There are currently
24,264,769 shares issued in Black Widow.
Neither the Toronto Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
For more information about Black Widow please visit our website:
www.blackwidowresources.com.
Black Widow Resources Inc.Neil Novak, P.Geo.President, CEO &
Director416-203-8636info@blackwidowresources.comwww.blackwidowresources.com
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