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Osisko Metals Inc.
Osisko Metals Inc.
Registriert in: Kanada WKN: A2DTZC Rohstoffe:
Art: Originalaktie ISIN: CA6882741094 Gold
Silber
Kupfer
Blei
Zink
Heimatbörse: TSX Venture Alternativ: OMZNF
Währung: CAD    
Symbol: OM.V Forum:

BOWMORE Exploration Ltd.: Three Significant Geophysical IP Anomalies Found on Chivas, Mexico

22.11.2011 | 14:30 Uhr | Business Wire

BOWMORE Exploration Ltd. (BOW: TSX-V, 0B5.F: Frankfurt 'Bowmore?)
is pleased to announce the identification of three significant
geophysical anomalies following a Pole-dipole Induced Polarization
survey (the 'IP Survey?) conducted on the Chivas property in Sonora,
Mexico. The Chivas property is optioned from Amex Exploration Inc. (AMX:
TSX-V). The IP survey was initiated in June and completed in early
August 2011, targeting the Silica Cap and the Mesa Blanca zones where
previous exploration work in 2010 and 2011 identified a large low
sulphidation epithermal system within the Chivas property (see news
release October 26, 2010 and news release July 14, 2011).


Six lines, spaced at two hundred meters apart trending East-West were
surveyed for a total of 19.7 linear kilometres The survey was conducted
by Geofísica TMC SA de CV from Mexico.


The results of the survey allowed for the generation of a reliable 3D
model of the electrical properties of the rock up to 550 meters depth
and identification of three (3) IP anomalies named IP1, IP2, and IP3.
The amplitude of the chargeability anomalies is described as weak to
moderate, indicating pervasive oxidation along a favourable corridor.
The resistivity results outlined zones of high resistivity indicating
the presence of anomalous silica content and the high chargeability
anomalies represent zones of anomalous disseminated sulphides in rock.
All 3 anomalies overlap well defined occurrences of surface
(buddingtonite) alteration identified by previous work programs.


The IP1 anomaly covers the eastern part of the Silica Cap zone and
extends at depth in the western part of the grid. The chargeability
values are week to moderate and occupy a large volume of rock, 500-800
meters in width extending in the SE-NW direction towards the Mesa Blanca
zone. The weak to moderate chargeability reflects a pervasive oxidation
of the disseminated sulphides throughout the anomalous corridor.


The IP2 anomaly extends at shallow depths along the eastern flanks of
IP1 between the Silica Cap and the Mesa Blanca zones. It corresponds to
a high resistivity anomaly at the sub-surface indicating the presence of
anomalous silica content associated with disseminated sulphide. It also
corresponds to previous surface sampling and identification of high
silicification and a large area with presence of anomalous buddingtonite
from the TerraSpec sampling program done in early 2011.


The IP3 anomaly extends at shallow depth along the Mesa Blanca zone and
remains open towards the northwest (Piedra Rodante zone). The anomaly
has the same SE-NW trends as IP1 and IP2. It corresponds to a high
resistivity anomaly suggesting the presence of strong silicification.
(Visit: and


The Company is in the process of planning road access towards these
intended targets and is preparing a budget for a diamond drill program
planned in early 2012. The diamond drill program will be to test these
anomalies and other targets that were identified in previous exploration
work programs within this 5.2 km ? area.

Mr. Paul Dumas, President and CEO of Bowmore Exploration Ltd.,
stated: 'The IP survey results identified important anomalies as
priority drilling targets within this very large epithermal system as
well as corroborating all previous work programs that have outlined this
vast 5.2 km ? area. We are excited and looking forward in drilling these
targets in the New Year. The results to date are very encouraging, the
property being very well located within the Sierra Madre Gold Trend and
only 15 km East of the 'Dolores Mine? represent′s great potential for
the Company?.

Jean-Marie Pronovost, P. Geo., Chief Geologist for Bowmore, is
the Qualified Person who has reviewed this news release and is
responsible for the technical information reported herein.

BOWMORE is a Canadian exploration mining company focused on
precious metal exploration in Canada and Mexico. For further information
on BOWMORE, visit
or contact:


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.


Forward-looking statements:


Except for statements of historical facts, all statements in this news
release regarding, without limitation, new project acquisitions, future
plans and objectives are forward-looking statements which involve risks
and uncertainties. There can be no assurance that such statements will
prove to be accurate; Actual results and future events could differ
materially from those anticipated in such statements.

BOWMORE Exploration Ltd.

Paul A. Dumas, 514-861-4441

President
& CEO

 
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