Three separate resources possible at Morgan Hill
Analysis of the drill results and new detail surface mapping to date indicates the potential for three separate limestone beds on the Morgan Hill claim group. These zones are located in the south (previously announced), the central portion (in this report) and the northern portion of the claim group.
These 10 holes are located in the central portion of the claim block. Compilation of geologic and geochemical drill cross sections along with new detailed surface geology indicate that there are three distinct calcium carbonate beds in this central portion of the claims that could be used for cement and/or high grade limestone. Work to date also indicates that the majority of the target limestone beds in this central area are steeply dipping and in some cases overturned due to thrust faulting. Northeast trending faults have caused the limestone beds to repeat the surface exposure throughout the Project area.
Holes 5, 6, 7, 9, 10, 11, 12 and 14 each intersected multiple units of cement grade limestone ranging in the high 80% to 100% calcium carbonate (CaCO3). Intersections in these drill holes ranged from 15 feet to 200 feet but as a result of the dip angles of the limestone units the vertical drill results from these holes are not representative of the actual thickness of the target units which are still unknown. Phase II drilling will be angle holes to accurately reflect the true thickness of the target units as well as their relationship with surface exposures noted during the recent detail mapping. Holes 8 and 13 did not encounter any economic limestone.
Infrastructure Materials Corp. is an exploration stage mining company that is directing its efforts to the development of cement grade limestone deposits in strategic locations in
FORWARD-LOOKING STATEMENTS: This news release contains certain “forward-looking statements” within the meaning of U.S. securities laws Forward-looking statements are frequently characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate,” “estimate” and other similar words or statements to the effect that certain events or conditions “may”, “have” or “will” occur. This release also contains statements based upon historical records pertaining to our mineral claims that have not been verified by the Company. The term, “resource” is not a term that is recognized by SEC guidelines and does not rise to the level of certainty required by SEC guidelines. Forward-looking statements or references to historical records are based on the material in our possession, opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those stated or projected in this press release. The Company undertakes no obligation to update forward-looking statements or historical information. The reader is cautioned not to place undue reliance on forward-looking statements.
SOURCE Infrastructure Materials Corp.