News
RX Confirms Significant Gold and Silver Values Remain in “D” Block of Drumlummon Mine
For Immediate Release: Toronto, Canada, May 12, 2009 RX Exploration Inc. (the “Company”) is pleased to report very significant assay results from core holes drilled from both the hanging wall and footwall of the Drumlummon/Castleton structural zone (DCSZ) in the “D” Block area of the Drumlummon Mine.
The Company previously reported (News Release March 24, 2009) that its current focus of exploration was on the “D” Block and that in the 1980’s, prior operators reported the presence of 160,000 tons of mineralized material in “D” Block, below the 400 foot level, grading 0.4 oz/ton gold and 4.0 oz/ton silver. These figures are historical in nature, are not 43-101 compliant, and should not be relied upon by investors. The Company also reported that sludge samples recently collected from “jack-leg” percussion holes drilled into “D” Block at the 400 foot level over a strike length of 115 feet yielded significant gold and silver values. The current program was initiated to follow-up on the good assay results from those holes which were drilled from the main footwall drift into the footwall of the Drumlummon vein stopes (workings) in this area. The core retrieved in both the hanging wall and footwall of these old workings yielded high values in both gold and silver in the mineralization left behind in the walls of the old workings.
Following are the latest significant assay results:
| Hole | From (ft) | To (ft) | Intersection Length (ft) |
Gold Au oz/ton |
Silver Ag oz/ton |
| 09-72 | 19 | 51 | 32 | 0.350 | 9.38 |
|
incl. |
45 | 51 | 6 | 1.526 | 46.65 |
|
incl. |
45 | 47 | 2 | 3.246 | 134.1 |
| 09-74 | 44 | 61.5 | 17.5 | 0.254 | 1.36 |
| 09-75 | 72 | 102 | 30 | 0.208 | 0.57 |
|
and |
124 | 132 | 8 | 0.431 | 1.01 |
|
09-76 |
14 | 16 | 2 | 0.158 | 0.87 |
|
and |
22 | 26 | 4 | 0.106 | 0.81 |
|
and |
36 | 39 | 3 | 0.162 | 3.32 |
|
09-77 |
18 | 19 | 1 | 3.032 | 9.11 |
|
09-78 |
14 | 16 | 2 | 0.180 | 22.08 |
|
and |
18 | 19 | 1 | 5.200 | 2.84 |
|
09-80 |
14 | 20 | 6 | 0.645 | 5.017 |
|
incl. |
16 | 18 | 2 | 1.550 | 11.55 |
|
09-81 |
14 | 16 | 2 | 1.364 | 2.37 |
|
09-82 |
14 | 16 | 2 | 1.130 | 1.44 |
|
09-83 |
41 | 43.5 | 2.5 | 0.244 | 4.81 |
|
09-85 |
40 | 44 | 4 | 0.117 | 5.58 |
|
and |
68 | 74 | 6 | 0.272 | 1.14 |
|
incl. |
70 | 72 | 2 | 0.580 | 0.91 |
|
and |
80 | 82 | 2 | 0.234 | 0.50 |
|
09-86 |
46 | 48 | 2 | 0.580 | 16.83 |
|
and |
56 | 58 | 3 | 1.060 | 51.38 |
|
incl. |
57 | 58 | 1 | 2.976 | 146.29 |
|
09-87 |
29 | 31 | 2 | 0.692 | 6.12 |
|
and |
66 | 86 | 20 | 0.513 | 4.23 |
|
incl. |
72 | 74 | 2 | 1.186 | 4.53 |
|
incl. |
80 | 82 | 2 | 1.706 | 28.47 |
|
09-88 |
34 | 36 | 2 | 2.248 | 7.23 |
|
and |
52 | 54 | 2 | 2.356 | 7.72 |
|
and |
66 | 88 | 22 | 0.487 | 2.63 |
|
incl. |
66 | 82 | 16 | 0.624 | 3.28 |
The results indicate that substantial mineralized material remains on the walls of the old workings and clearly confirms the potential for developing very significant tonnage of high grade gold and silver over large widths in this “bonanza”- type epithermal deposit, in the vicinity of all of the old workings as well as totally undeveloped areas of the mine.
Mike Gunsinger, the Company’s Director of Underground Operations observed that “the original operators of the mine (who lost the mine after 20 years of litigation) used mercury amalgamation to recover the gold, a practice commonly used at that time. As a result, it appears they intentionally left behind most of the gold which was associated with areas of higher grade silver as the silver would hamper the gold recovery.”
Hole collar locations and orientations have been designed to provide 25 foot spacing in the mineralized zones to enable the Company to develop National Instrument 43-101 compliant resource calculations at the earliest possible time. This will add to the previously reported NI 43-101 compliant resource calculations of material discovered in the Charly vein, located in virgin ground 350 feet out into the hanging wall of the DCSZ, and enhance an early production decision.
The DCSZ strikes approximately N 17 E and dips easterly at 67 degrees. The present drill program is utilizing a compressed air powered underground diamond drill, (Model CP-65 drilling AW34 sized core). Three drill stations, on 80 foot centers, have been driven westerly from the main drift on the footwall side of the DCSZ. Another drift has been driven on the opposite (east) side of the DCSZ, with 5 hanging wall drill stations established to date. These underground development headings have provided close access, on both sides of the old workings.
All drill core is logged and cut in half with diamond saw or core splitter. One half is bagged and shipped to Norris Lab in Norris, MT, while the other half is archived and stored on site. For QC/QA purposes standards and blanks are randomly inserted into the sample stream. Selected samples are sent to ALS Chemex Lab, Reno, NV for verification assaying.
L. Joseph Bardswich, P.Eng. (Mining)(Ontario) is the qualified person responsible for providing the technical details contained in this press release.
For further information please contact: John F. O’Donnell, Chairman of the Board, at (416) 862-7330 or Murray R. Nye, President, at (204) 989-2434.
RX Exploration Inc. is a reporting issuer in good standing in the Province of Ontario whose shares are listed on CNSX (Symbol: RXE). There are currently 59,809,078 common shares issued and outstanding.
CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Forward Looking Statements: Statements made in this news release that relate to future plans, expectations, events or performances are forward looking statements. Such statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.





