Newmac Resources Inc.
Newmac Resources Inc.: 368 metre (1207 feet) intercept of Tungsten and Molybdenum
Corporate news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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NEWMAC RESOURCES INC.
2605 Jane Street, Port Moody, British Columbia Canada V3H 2K6
Telephone: (604) 461 7211 www.newmacresources.com
368 metre (1207 feet) intercept of Tungsten and Molybdenum
Possible Open Pit Looms Larger
Newmac Resources Inc. (TSX-V: NER; Frankfurt: N3M ) has received results
from two more holes in it’s recently completed 7490m (24,570) foot drill
program near Little Fort in south central BC. The project is located
approximately 100 km north of Kamloops BC and about 450 km north-northeast
of Vancouver. Major power, rail and highway corridors are nearby.
Selected intervals from Diamond drill holes 06-32 and 06-33 are presented
below:
Inte- Inte-
From rval rval MoS2
Hole (m) To (m) (m) (ft) Mo (%) (%)
06-32 63.1 78.9 15.8 51.8 0.012 0.020
245.7 283.6 37.9 124.3 0.024 0.040
3.0 18.8 15.8 51.8
includes 6.0 14.4 8.6 28.2
27.8 36.8 9.0 29.5
54.8 63.1 8.3 27.2
69.9 75.9 6.0 19.7
111.9 165.9 54.0 177.1
201.6 283.6 82.0 269.0
06-33 51.0 121.3 70.3 230.6 0.022 0.037
136.3 346.3 210.0 688.8 0.014 0.023
378.8 400.1 21.3 69.9 0.015 0.033
3.0 27.0 24.0 78.7
42.0 410.0 368.0 1207.0
includes 48.0 81.0 33.0 108.2
and 196.3 304.3 108.0 354.2
and 378.8 400.1 21.3 69.9
Inter Inter
From val val WO3
Hole (m) To (m) (m) (ft) W (%) (%)
06-32 63.1 78.9 15.8 51.8
245.7 283.6 37.9 124.3
3.0 18.8 15.8 51.8 0.055 0.069
includes 6.0 14.4 8.6 28.2 0.078 0.100
27.8 36.8 9.0 29.5 0.016 0.020
54.8 63.1 8.3 27.2 0.018 0.023
69.9 75.9 6.0 19.7 0.030 0.038
111.9 165.9 54.0 177.1 0.019 0.024
201.6 283.6 82.0 269.0 0.023 0.029
06-33 51.0 121.3 70.3 230.6
136.3 346.3 210.0 688.8
378.8 400.1 21.3 69.9
3.0 27.0 24.0 78.7 0.040 0.050
42.0 410.0 368.0 1207.0 0.034 0.043
includes 48.0 81.0 33.0 108.2 0.069 0.087
and 196.3 304.3 108.0 354.2 0.036 0.045
and 378.8 400.1 21.3 69.9 0.041 0.052
Drill hole 32 is collared at the same site as drill hole 06-29 (previously
reported) and is drilled to the south at -60 to a depth of 306 m (1005
ft). Drill hole 33 was collared about 50 metres east of hole 32, about
midway between hole 32 and hole19 (previously reported). Hole 33 was
drilled to the south at -50 to a depth of 410m (1345 ft).
The drill program has shown significant values of Tungsten and Molybdenum
from intersections up to several hundred meters in length from drill holes
widely spaced over an area several hundred meters across. Mineralization is
hosted within an imprecisely defined granite, approximately 1 km x 1.6 km
across. The extent of mineralization has not been determined and much
prospective ground remains to be tested.
Large scale, bulk tonnage deposits are key acquisition targets for many of
the world’s largest mining companies. Economies of scale allow these
deposits to be mined at an extremely low cost per ton.
With the dimensions and grades exhibited at the Crazy Fox Property, the
prospect of a large open pit or bulk mineable deposit is plausible and the
company has developed an exploration model that incorporates this concept.
Assays were performed by ACME Analytical Laboratories Ltd of Vancouver, BC
using ICP-mass spectrometry methods.
Technical content of this news release has been reviewed by W.A. Howell,
P.Geo. a qualified person within the definitions of National Instrument
43-101.
Respectfully submitted
ON BEHALF OF THE BOARD
“David Hjerpe”
David Hjerpe
President
This news release contains forward looking statements within the meaning of
the ‘safe harbour’ provisions of the Private Securities Litigation Reform
Act of 1995. These forward looking statements are subject to risks and
uncertainties and other factors that may cause Newmac Resources Inc.’s
results to differ materially from expectations. These include risks
relating to market fluctuations, property performance and other risks.
These forward looking statements speak only as of the date hereof.
THE TSX VENTURE EXCHANGE DOES NOT TAKE RESPOSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS NEWS RELEASE.
For Further Information contact David Hjerpe, President, at: (604)
461-7211
Contact:
marquardt.communication
Agentur für Öffentlichkeitsarbeit
Sandweg 14
60318 Frankfurt
Deutschland
tel: +49 (0) 69 254 72405
fax: +49 (0) 941 5992 82626
email: jens@marquardtcommunication.com
web: www.marquardtcommunication.com
(c)DGAP 19.07.2006
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Language: English
Issuer: Newmac Resources Inc.
2605 Jane St
V3H 2K6 Port Moody, BC Kanada
Phone: +1 (604) 461-7211
Fax: +1 (604) 461-7211
E-mail: info@newmacresources.com
WWW: www.newmacresources.com
ISIN: CA6515221043
WKN: A0HFWM
Indices:
Listed: Open Market in Frankfurt
End of News DGAP News-Service
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