Pro Minerals Inc.: Disco Lake VMS Project-Phase 2 Exploration Program Complete
April 28 2010 - 2:16PM
Marketwired
Pro Minerals Inc. (TSX VENTURE: PRM); and its Board of Directors
are pleased to announce that the Company has now completed the
second phase of exploration on its Disco Lake VMS Project. The
program consisted of additional line cutting, and extensive
prospecting, surface sampling and mapping. The company will issue a
news release to report on the assays and geophysical results once
received. Pro's geological team will be assessing the data compiled
from these first two exploration programs and correlating the
results with all historic data from the project. Once all of the
data has been compiled and assessed, a summer follow up program
will be designed and scheduled.
The Disco Lake Project is located in the Fort Hope area of
Ontario, Canada. It consists of 34 claims, or 11,944 Acres,
spanning roughly 16.2 kilometers North to South and 12.4 kilometres
East to West. The primary target commodities are copper, zinc, gold
and silver. Located a relatively short distance from the renowned
James Bay Lowlands / Ring of Fire region, the Disco Lake Project
represents an opportunity to open up a brand new region for
poly-metallic VMS discoveries of merit. The Disco Lake Project
covers several volcanogenic base metal massive sulphide (VMS)
prospects with high potential for significant gold and silver
credits. Previous exploration carried out by Falconbridge in 1990
generated drilling targets from airborne and ground electromagnetic
and magnetic surveying, geological mapping, trenching and sampling.
Noranda Mining and Exploration flew an airborne E.M. survey
covering the South Main area in 1995. Pro Minerals has obtained all
digital data of the above which was completed by Falconbridge and
Noranda Exploration in the 90's. All drill holes have been capped
and identified in the field. All drill core from both the
Falconbridge and Noranda Drill campaigns is stored at Disco Lake
and Auger Lake. Base metal (Cu & Zn) values are significant
with precious metal mineralization also highly anomalous, with
silver values ranging from tens to hundreds of grams per ton and
gold assays to 2 grams per ton. Seven significant zones of
mineralization were outlined of which 5 were drill tested to a
maximum depth of 150 meters. Though only a limited amount of
drilling has ever been undertaken, Mineralization in the drilled
occurrences remains open along strike and down dip. None of the
previous exploration companies on the property assayed for gold in
any systematic manner. Entire drill holes were never assayed for
gold and gold intersections that were obtained received no
follow-up work. In addition geophysical anomalies with base metal
type signatures are present along strike from the known occurrences
and remain to be drill tested.
ON BEHALF OF THE BOARD OF DIRECTORS OF PRO MINERALS INC.
Adrian O'Brien - President/COO
For more information please contact us at 1-800-663-8990 or
604-683-8990. Please visit our website at
http://www.promineralsinc.com or e-mail us at
info@promineralsinc.com, to be added to the Company's e-mail list
for press releases and updates.
Neither TSX 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.
Contacts: Pro Minerals Inc. Adrian Bakker 1-800-663-8990 or
604-683-8990 604-683-8903 (FAX) info@promineralsinc.com
www.promineralsinc.com Renmark Financial Communications Inc. Barry
Mire (514) 939-3989 or (416) 644-2020 bmire@renmarkfinancial.com
Renmark Financial Communications Inc. Barbara Komorowski (514)
939-3989 or (416) 644-2020 bkomorowski@renmarkfinancial.com
www.renmarkfinancial.com
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