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Li3 Lithium Corp.
Li3 Lithium Corp.
Registriert in: Kanada WKN: A3DQR9 Rohstoffe:
Art: Originalaktie ISIN: CA5368771039 Lithium
Heimatbörse: TSX Venture Alternativ: WTCRF
Währung: CAD    
Symbol: LILI.V Forum:

Western Troy Announces Preliminary Results of Airborne Geophysical Survey at Its Deborah Lake Copper/Gold Prospect

29.12.2010 | 14:31 Uhr | Marketwired

TORONTO, ONTARIO -- (Marketwire) -- 12/29/10 -- Western Troy Capital Resources (TSX VENTURE: WRY) (Western Troy or the Company) announces that preliminary results have been received from Fugro Airborne on the Deborah Lake airborne electromagnetic survey. The airborne survey was performed in December and consisted of an electro-magnetic (time domain EM) survey over the 199 claims that make up the Deborah Lake property. A full report on the survey will be available from Fugro in January, 2011.


A total of 632 line-kilometres were flown to cover the claims plus 65 line-kilometres of infill surveying in areas of known mineralization. In 2010 a detailed, regional magnetic survey was flown by Fugro for the Quebec and Federal government in the vicinity of Deborah Lake. This data will be combined with the EM survey to provide the basis for a full analysis of the prospect area.


The conductive zones detected by the survey were found to occur in a concentric pattern around intrusive rocks (green areas on Figure 1) that have been mapped as mafic to ultramafic intrusive rocks occurring as gabbros and peridotites.


To view Figure 1: Preliminary Results of EM Survey, please visit the following link: http://media3.marketwire.com/docs/western_troy_dec29_fig01.pdf


Three grab samples were taken at the Deborah Lake property in October. Copper values obtained were 0.19%, 0.25% and 5.07%. The corresponding gold values were 0.01, 0.30 and 0.39 g/t.


To view Figure 2: Scan of the sample that assayed 5.07% copper, please visit the following link: http://media3.marketwire.com/docs/western_troy_dec29_fig02.pdf


The sample in Figure 2 consists of what appears to be a breccia zone flooded with chalcopyrite. The quartz clasts also contain chalcopyrite indicating that there may be at least 2 phases of mineralization that have occurred at Deborah Lake property.


Future plans include camp construction in January-February and Diamond Drilling in March-April 2011.


About Western Troy: Western Troy's shares trade on the TSX Venture Exchange under the symbol WRY. Western Troy has 32,904,970 shares outstanding. More information on Western Troy can be found on its Website at www.westerntroy.com.


Forward Looking Statements: Statements in this release that are forward-looking reflect the Company's current views and expectations with respect to its performance, business, and future events. Such statements are subject to various risks and assumptions, some, but not necessarily all, are disclosed elsewhere in the Company's periodic filings with Canadian securities regulators. Such statements and information contained herein represent management's best judgment as of the date hereof based on the information currently available; however actual results and events may vary significantly. The Company does not assume the obligation to update any forward-looking statement.


Mr. Eddy Canova, P.Geo. (OGQ 403), is the qualified person who has reviewed the content of this press release.


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contacts:

Western Troy Capital Resources

Rex E. Loesby

CEO

416-929-3268
RexLoesby@aol.com


 
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