Minefinders Corporation Ltd.
Minefinders Corporation Ltd.: Exploration erweitert das Zielgebiet auf Planchas de Plata
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Minefinders Corporation Ltd.: Exploration erweitert das Zielgebiet auf
Planchas de Plata
Vancouver, British Columbia, Kanada. 11. Juli 2006. Minefinders Corporation
Ltd. (Frankfurt WKN: 859435; TSX: MFL; AMEX: MFN) gibt vorläufige
Ergebnisse einer 8,9 km langen Untersuchung vom Typ induzierte
Polarisation/Widerstand von dem sich vollständig in Unternehmensbesitz
befindlichen Silber-Projekt Planchas de Plata bekannt. Die Untersuchung hat
bedeutende Anomalien identifiziert, die eine Erweiterung der zuvor
bebohrten Haupt-Erzzone um weitere 600 m nach Osten und 500 m nach Süden
nahe legen. Die geophysikalischen Anomalien stimmen mit den Gebieten
überein, in denen historisch Silbererz mit hohen Konzentrationen abgebaut
wurde.
Um sich den identifizierten, erweiterten geologischen Trend und Erz-Trend
zu sichern, hat das Unternehmen seine Erz-Konzession für das Projekt um
weitere 9.360 Hektar erweitert. Die zwei neuen Erz-Konzessionen befinden
sich (i) angrenzend an Planchas de Plata und (ii) um die
La-Plomosa-Silber-Mine, die zuvor Industrias Penoles, SA de CV gehörte, und
an das El-Durazno-Gold-Projekt des Unternehmens angrenzend.
Die englische Originalmeldung enthält weitere Angaben, wie eine
Projektbeschreibung und eine Beschreibung zu Explorationsarbeiten, und ist
unten angeführt.
Für weitere Informationen wenden Sie sich bitte an:
Minefinders Corporation Ltd.
Mark H. Bailey
President and Chief Executive Officer
Suite 2288-1177 West Hastings St.
Vancouver, B.C. V6E 2K3, Canada
Tel. +1 (604) 687-6263
Tel. +1 (866) 687-6263
Fax +1 (604) 687-6267
www.minefinders.com
AXINO AG
Silberburgstrasse 112
D-70176 Stuttgart
Tel. +49 (711) 25 35 92-30
Fax +49 (711) 25 35 92-33
info@axino.de
www.axino.de
Minefinders Corporation Ltd.: Exploration Expands Planchas de Plata Target
Area
Vancouver, British Columbia, Canada. July 11, 2006. Minefinders Corporation
Ltd. (the ‘Company’) (Frankfurt WKN: 859435; TSX: MFL; AMEX: MFN) reports
that preliminary results from 8.9 line kilometres of induced
polarization/resistivity (‘IP/R’) survey on the Company’s 100% owned
Planchas de Plata silver project have identified significant anomalies that
suggest the extension of previously-drilled, main-zone mineralization an
additional 600 metres to the east and 500 metres to the south. The
geophysical anomalies are very similar to those that the survey has
determined coincide with areas of historical mining of high-grade silver.
In order to secure the extended geologic and mineralized trends identified
by its ongoing exploration, the Company has expanded its mineral
concessions in its Northern Sonora Project area by an additional 9,360
hectares. The two new mineral concessions are located (i) adjacent to
Planchas de Plata, and (ii) surrounding the La Plomosa silver mine
(previously held by Industrias Penoles, SA de CV), adjacent to the
Company’s El Durazno gold project.
Planchas de Plata Silver Project
Current exploration at Planchas de Plata has been focused on expanding the
mineralized trends identified by 2005 drilling and on developing additional
drill targets for a second-phase drill program. Zonge Engineering of
Tucson, Arizona is currently performing a ground geophysical survey across
the property involving induced polarization and resistivity.
To date, 8.9 line kilometres have been completed with an additional six to
ten line kilometres slated for completion before the end of the program.
Preliminary results have identified a significant and extensive IP anomaly
beginning coincident with historic mine workings at surface and drilled
mineralization in the subsurface.
Newly-completed lines 10,000 N and 10,500 N indicate that the anomaly
extends an additional 600 metres along strike to the east, and 500 metres
to the south, of the known mineralization, in what appears to be a
sub-horizontal orientation (visit the Company’s website to view map and IP
sections). Geophysical testing for the extension of this anomaly up to
2,000 metres further east along strike is currently underway. In
conjunction with the geophysics, extensive alteration mapping and
geochemical grid sampling is being completed. Results of all three studies
will be combined to develop drill targets.
Previous Drilling
Drilling in 2005 on the original, 500 hectare, Planchas de Plata claim
intercepted significant near- surface, high-grade silver mineralization
(7.34 metres averaging 858.2 grams per tonne (‘gpt’) silver) as well as a
second, deeper, well-mineralized silver horizon (28.95 metres averaging
194.4 gpt silver) that extends a minimum of 80 metres in width, 300 metres
in length, and 15 to 20 metres in thickness (see news release dated
February 8, 2006 or visit Company website to view cross section).
Recent geologic mapping in conjunction with interpretation of data from the
2005 drill program has identified prospective trends and stratigraphy that
were found to occur over an area four kilometres wide and up to ten
kilometres long, extending to the south and east of Planchas de Plata.
Preliminary reconnaissance across the area of the expanded mineral
concession also identified numerous old mine workings and prospects, with
mineralization analogous to Planchas de Plata.
Ongoing Exploration
With the newly-staked mineral concession, the Planchas de Plata project has
been increased from 500 hectares to approximately 7,340 hectares, to cover
the expanded target area identified by the IP survey. The expansion of the
project area significantly increases its exploration potential and gives
the Company control of the entire district.
Drilling at Planchas de Plata is scheduled to begin in late July or early
August. An initial program of 5,000 metres of drilling is planned for
Planchas de Plata, as well as five to eight follow-up holes at the
Company’s 100% owned Real Viejo silver project, located ten kilometres from
Planchas de Plata.
El Durazno – La Plomosa Gold and Silver Project
Separately, the Company has acquired the 2,115 hectare El Durazno 2 mineral
concession via the Mexican government sponsored lottery process. The
concession, which is located approximately 10 kilometres to the west of the
Planchas de Plata project, surrounds the Company’s El Durazno gold project
and brings the La Plomosa historic silver mine into the Company’s
exploration portfolio.
The La Plomosa silver mine had been held by Mexican mining giant Penoles
and consists of several areas of historic workings with silver and base
metal mineralization similar to the Real Viejo and Planchas de Plata
prospects. Initial review of the project indicates the strong potential for
the discovery of additional silver and/or gold resources in the area.
The new concession is adjacent to the Company’s El Durazno gold property,
which contains a series of high-grade quartz veins that have yielded gold
assays from surface outcrop greater than 44 gpt (1.3 ounces per ton) over
one metre. The new concession secures the eastern extension of these veins
and consolidates mineral rights in the area.
Exploration of the El Durazno and Las Plomosas prospects planned for this
fall will include detailed geologic mapping and geochemical sampling to
advance the prospects to the drill stage.
About Minefinders
Minefinders Corporation Ltd. is a successful mineral exploration company
with several projects in Mexico and the United States. The Company is
presently building an open pit mine at its advanced-stage Dolores gold and
silver project. Commencing in 2007, Dolores is expected to produce annually
more than 200,000 ounces gold-equivalent (based on a 60:1, silver to gold
ratio) for a mine life of 12 years.
Quality Control and Assurance
Mark Bailey MSc., P.Geo. is the ‘qualified person’ with overall
responsibility for the Dolores project and is responsible for the contents
of this news release. All analyses reported are fire assay analyses for
gold and multi-acid digestion with AA analyses or fire assay analyses for
silver, and completed by either Chemex Labs of Vancouver, Canada, or
Inspectorate Labs of Sparks, Nevada. Technical reports summarizing the
Dolores Project feasibility studies are available for inspection online at
www.sedar.com.
MINEFINDERS CORPORATION LTD.
Mark H. Bailey, President and Chief Executive Officer
Safe Harbor Statement under the United States Private Securities Litigation
Act of 1995: Statements in this release that are forward-looking, including
statements relating to the size, and potential growth in size, of the
Company’s mineral reserves and resources, the economic feasibility of,
commencement of mine construction and mining operations at, and annual
production from, the Company’s Dolores Project, and the timing of the
further exploration and development of the Company’s mineral projects, are
subject to various risks and uncertainties concerning the specific factors
identified above and in the Company’s periodic filings with the Ontario
Securities Commission and the U.S. Securities Exchange Commission (‘SEC’).
Such information contained herein represents management’s best judgment as
of the date hereof based on information currently available. The Company
does not intend to update this information and disclaims any legal
liability to the contrary.
(c)DGAP 13.07.2006
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Sprache: Deutsch
Emittent: Minefinders Corporation Ltd.
2288-1177 W Hastings St
V6E 2K3 Vancouver, BC Kanada
Telefon: +1 (604) 687-6263
Fax: +1 (604) 687-6267
E-mail: info@minefinders.com
WWW: www.minefinders.com
ISIN: CA6029001022
WKN: 859435
Indizes:
Börsen: Freiverkehr in Berlin-Bremen, München; Open Market in
Frankfurt; Auslandsbörse(n) Toronto
Ende der Mitteilung DGAP News-Service
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