Eurotin's Oropesa Current Infill Drill Program is Completed and Initial Assays Received
06 Novembre 2013 - 1:00PM
Marketwired Canada
Eurotin Inc. (TSX VENTURE:TIN) ("Eurotin" or the "Company"), is pleased to
provide the following drill results and update on its Oropesa tin project,
located in SW Spain.
The Company has recently completed an infill drilling program consisting of 22
holes, totalling 4,097 metres. Since 2010, 47,436.7 meters of drilling comprised
of 221 diamond drill holes and 16 RC holes have been completed at Oropesa.
The drilling continues to intersect zones containing tin mineralization. The
most recent assay results received are shown in the table below. Six holes from
the current drill program are still being assayed.
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Tin
From To Width Grade
Hole No. Dip & Azimuth (m) (m) (m) (%)
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ORPD 171 57 degrees @ 60 degrees No significant results
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ORPD 172 65 degrees @ 20 degrees 81.00 82.70 1.70 0.60%
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107.10 110.80 3.70 0.55%
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ORPD 173 70 degrees @ 20 degrees 81.80 84.10 2.30 0.53%
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118.60 123.10 4.50 2.56%
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ORPD 174 86 degrees @ 21 degrees 133.70 148.20 14.50 0.25%
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170.5 178.2 7.70 0.56%
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ORPD 175 81 degrees @ 346 degrees 63.1 68.7 5.60 0.87%
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137 141.6 4.60 0.55%
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ORPD 176 80 degrees @ 200 degrees No significant results
Abandoned hole
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ORPD 176 BIS 80 degrees @ 200 degrees 100.1 213.70 113.60 0.30%
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Inc. 200.9 212.00 11.10 0.55%
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ORPD 177 85 degrees @ 14 degrees 85 87.6 2.60 0.93%
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103.6 109.9 6.30 0.60%
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ORPD 178 84 degrees @ 21 degrees 23.3 27.6 4.30 1.13%
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54.35 78.35 24.00 0.31%
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93.7 100.75 7.05 0.26%
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123 127.25 4.25 0.84%
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ORPD 179 56 degrees @ 23 degrees No significant results
Abandoned hole
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ORPD 180 65 degrees @ 20 degrees 183.35 192.5 9.15 0.48%
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ORPD 181 60 degrees @ 200 degrees 141.9 150.7 8.80 0.26%
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201.3 222.5 21.20 0.87%
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ORPD 182 90 degrees @ 180 degrees 65.55 67.6 2.05 0.37%
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ORPD 186 62 degrees @ 20 degrees 91 98.3 7.30 2.16%
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110.3 114.9 4.60 1.48%
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ORPD 187 70 degrees @ 20 degrees No significant results
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ORPD 189 60 degrees @ 55 degrees No significant results
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To view a "Map of Total Current Drill Grid" accompanying this press release,
please visit the following link: http://media3.marketwire.com/docs/909387.pdf
Trevor Richardson, President and CEO of Eurotin, comments: "We are pleased to
have completed the infill drilling program, which continues to enhance our
understanding of the mineralization of the Oropesa tin project. The next stage
will be to complete a scoping study which will include a new resource estimate
at Oropesa. This infill drilling program has increased our understanding of the
style and type of mineralization."
Assay and QA/QC Methodology for Oropesa Drill Core
All core produced is taken daily from each drill site to the Company's secure
facility in Fuente Obejuna, where it is logged by the Company's geologists. This
process takes place under the supervision of Qualified Person Trevor Richardson,
PrSciNat. The core, usually of around one metre length, which is chosen by the
Company's geologists for assaying, is then cut in half either at the Company's
own facilities at Fuente Obejuna or at ALS Chemex's sample preparation facility
in Seville in southern Spain. At the ALS Chemex facility, the cut core is logged
into the in house LIMS tracking system, after which each sample is prepared
using procedure code 'Prep 31'. This procedure involves the drying, weighing and
fine crushing to 70% passing -2mm. A 250g split of the crushed material is then
pulverised to greater than 85% passing 75 microns. Samples are then shipped by
bonded courier to Vancouver for analysis.
In Vancouver, ALS Chemex procedure ME-XRF10 is used for tin analysis and
ME-ICP61 for multi-element (33) analysis. The ME-XRF10 procedure uses 0.9g of
calcined sample pulp, which is mixed with 4.5g of lithium tetraborate and 4.5g
of lithium metaborate. This mixture is then fused at 1,100 degrees C to produce
a flat molten disc, which is subsequently analysed by XRF spectrometry. ALS
Chemex analyses its own standard samples and blanks, plus duplicates, within
each set of samples provided by the Company. The Company has recently introduced
its own blanks and standards as a further means of checking the accuracy of the
assay results. One in every 15 samples analysed by ALS Chemex is then sent to
SGS's laboratories in Cornwall, UK, for check assaying for tin. The Company
keeps all its sample pulps and rejects in locked steel containers at its secure
storage facility in Fuente Obejuna. The Company recently completed a new check
assay program using five certified laboratories. The pulp sample composites used
had varying tin grades; the accuracy of the results obtained was within
acceptable parameters. Mr. Trevor Richardson, CEO and a Qualified Person
pursuant to NI 43-101, has reviewed and approved the technical information in
this news release on behalf of the Company.
Forward-Looking Statements
Results presented in this press release are exploratory in nature. Historical
data, if mentioned, should not be relied upon, as they are not admissible under
NI 43-101 rules and the Company has not conducted sufficient testing to verify
this type of information. In addition, this press release includes certain
forward-looking statements within the meaning of Canadian securities laws that
are based on expectations, estimates and projections as of the date of this
press release. There can be no assurance that such statements will prove
accurate, and actual results and developments are likely to differ, in some case
materially, from those expressed or implied by the forward-looking statements
contained in this press release. Readers of this press release are cautioned not
to place undue reliance on any such forward-looking statements.
Forward-looking statements contained in this press release are based on a number
of assumptions that may prove to be incorrect, including, but not limited to:
timely implementation of anticipated drilling and exploration programs; the
successful completion of new development projects, planned expansions or other
projects within the timelines anticipated and at anticipated production levels;
the accuracy of reserve and resource estimates, grades, mine life and cash cost
estimates; whether mineral resources can be developed; title to mineral
properties; financing requirements, general market conditions, and the
uncertainty of access to additional capital; changes in the world-wide price of
mineral commodities; general economic conditions; and changes in laws, rules and
regulations applicable to the Company. In addition to being subject to a number
of assumptions, forward looking statements in this press release involve known
and unknown risks, uncertainties and other factors that may cause actual results
and developments to be materially different from those expressed or implied by
such forward-looking statements. The Company has no intention or obligation to
update the forward-looking statements contained in this press release.
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Eurotin Inc.
Trevor Richardson
CEO and Director
416-918-2242
www.eurotin.ca
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