Gentor Resources and Al Fairuz Mining Further Extend their VMS Deposits at Mahab 4 and Maqail South in Northern Oman
Results include massive sulphide intersections of 54.19 metres grading
4.97% Cu, 0.19g/t Au, 0.85% Zn and 9.63g/t Ag from 44.42 metres down
hole at Mahab 4, and 13.60 metres grading 3.22% Cu, 0.08 g/t Au, 0.02%
Zn and 0.76 g/t Ag from 43.86 metres depth at Maqail South
TORONTO, July 5, 2011 /PRNewswire/ – Gentor Resources, Inc. (“Gentor” or the
“Company”) (OTCQB – “GNTO”) and its Omani partner Al Fairuz Mining
Company LLC are pleased to announce further impressive results from the
Company’s second stage drilling program in Block 5 of the Sohar copper
mining region of northern Oman.
Drilling continued with two to three rigs at the Company’s Mahab 4 and
Maqail South prospects. Several massive sulphide intersections were
achieved in these holes, effectively extending the northern strike and
dip extensions of the earlier massive sulphide discoveries at both
Strongly positive assay results have been received for drill hole
GRB5D035 at the northern end of the Mahab 4 deposit.
Further massive sulphide was intercepted in two drill holes on the
Maqail South prospect, with the best intercept returned from GRB5D031.
Locality plans of the prospect areas and reported drill holes on
sections are found accompanying this press release on the Company’s web
Gentor’s President and CEO Dr. Peter Ruxton commented: “The outstanding result in GRB5D035 and the thicker mineralisation in GRB5D031 provide confidence
that these high-grade deposits are potentially a mineable proposition
and will spur on-going exploration towards new discoveries.”
Results from the main massive sulphide intercepts include:
-- GRB5D035 intersecting 54.19 metres grading 4.97% Cu, 0.19g/t Au, 0.85% Zn and 9.63g/t Ag from 44.42 metres down hole, including26.81 metres grading 7.03% Cu, 0.29 g/t Au, 1.38% Zn and 14.43 g/t Ag from 76.23 metres depth. -- GRB5D031 intersecting 13.6 metres grading 3.22% Cu, 0.08 g/t Au, 0.02% Zn and 0.76 g/t Ag from 43.86 metres down hole.
Table 1. Assay Summary for GRB5D035 at Mahab 4 and GRB5D031, GRB5D036
at Maqail South
_____________________________________________________________________ |Mahab 4 & Maqail South Results Summary | |_____________________________________________________________________| |Hole # |From |To |Intercept|Mineralisation|Copper|Gold|Zinc|Silver| |________|_____|_____|_________|______________|______|____|____|______| |Mahab 4 |m |m |m | |% |g\t |% |g/t | |________|_____|_____|_________|______________|______|____|____|______| |GRB5D035|44.42|98.61|54.19 |MS + SMS + QVS|4.97 |0.19|0.85|9.63 | |________|_____|_____|_________|______________|______|____|____|______| |incl |49.42|76.23|26.81 |MS |7.03 |0.29|1.38|14.43 | |________|_____|_____|_________|______________|______|____|____|______| | | |_____________________________________________________________________| |Maqail South | | | | | | | | |______________|_____|_________|______________|______|____|____|______| |GRB5D031|43.86|57.46|13.60 |MS |3.22 |0.08|0.02|0.76 | |________|_____|_____|_________|______________|______|____|____|______| |incl: |50.00|54.54|4.54 |MS |7.40 |0.12|0.02|1.52 | |________|_____|_____|_________|______________|______|____|____|______| | | |_____________________________________________________________________| |GRB5D036|22.00|27.00|5.00 |SMS/QVS |1.14 |0.10|0.03|2.00 | |________|_____|_____|_________|______________|______|____|____|______|
CODES (Umber-Fe sediment, Jasper, MS = Massive Sulphide, SMS = Semi-massive
QVS = Quartz Vein Stringer)
Table 2 – Core holes completed at Mahab 4 and Maqail South -
_____________________________________________________ | | |Mahab 4 & Maqail South Recent Drill Summary | |_____________________________________________________| | | | | | | |Hole |Project |Dip |Azi |Length (m)| |__________|______________|______|_________|__________| | | | | | | |GRB5D035 |Mahab 4 |60 |255 |130.40 | |__________|______________|______|_________|__________| | | | | | | |GRB5D039 |Mahab 4 |70 |255 |122.25 | |__________|______________|______|_________|__________| | | | | | | |GRB5D041 |Mahab 4 |60 |255 |108.25 | |__________|______________|______|_________|__________| | | | | | | |GRB5D042 |Mahab 4 |55 |075 |170.10 | |__________|______________|______|_________|__________| | | | | | | |GRB5D045 |Mahab 4 |60 |255 |143.19 | |__________|______________|______|_________|__________| | | | | | | |GRB5D047 |Mahab 4 |50 |255 |138.15 | |__________|______________|______|_________|__________| | | | | | | |GRB5D027 |Maqail South |65 |310 |75.35 | |__________|______________|______|_________|__________| | | | | | | |GRB5D031 |Maqail South |80 |310 |96.70 | |__________|______________|______|_________|__________| | | | | | | |GRB5D034 |Maqail South |60 |330 |80.10 | |__________|______________|______|_________|__________| | | | | | | |GRB5D036 |Maqail South |85 |310 |47.05 | |__________|______________|______|_________|__________| | | | | | | |GRB5D037 |Maqail South |70 |310 |99.35 | |__________|______________|______|_________|__________| | | | | | | |GRB5D040 |Maqail South |80 |325 |96.05 | |__________|______________|______|_________|__________|
MAHAB 4 DRILL RESULTS
To date Gentor has drilled 20 diamond drill holes at Mahab 4 for a total
of 2,744.31 metres drilled. This press release focuses on the northern
two sections of the deposit and reports assay results from hole
Section 4 – GRB5D035, 039, 042 & 047
GRB5D035 was drilled off the northern end of the defined VTEM conductor and intersected a major seafloor mound massive sulphide to semi-massive
sulphide intersection of 54.19m from 44.42 to 98.61m grading 4.97% Cu,
0.19g/t Au, 0.85% Zn and 9.63g/t Ag. The Cu grade is reasonably homogeneous within this thick proximal
massive sulphide wedge but is slightly elevated in the central zone.
Important intervals include:
-- An upper faulted massive sulphide lens of 2.58m grading 5.85% Cu, 0.24 g/t Au, 0.45% Zn from 4.42m -- A central massive sulphide mound of 26.81m grading 7.03% Cu, 0.29 g/t Au, 1.38% Zn and 14.43 g/t Ag from 49.42m to 76.23m, and -- A lower 19.29m of massive sulphide to sub seafloor semi-massive sulphide grading 3.35% Cu, 0.09 g/t Au, 0.4% Zn and 3.7 g/t Ag from 76.23m to 98.61m.
The massive sulphide zone contains a number of barren basalt dykes and
sills with a cumulative thickness of 6.76m, but is generally coherent
comprising early pyritic breccia with subsequent infill by chalcopyrite
At depth the massive sulphide peters out into a pyrite and progressively
more weakly mineralized footwall stringer zone down to 111m.
GRB5D039 was a step-back hole on the same section which drilled under the
massive sulphide wedge. No mineralisation was intersected and no
samples were taken for assay.
GRB5D042 was designed as a scissor hole, sited at the top of the footwall ridge
and drilled east to confirm the western boundary of the massive
sulphide wedge, to give a better idea of thickness and determine the
nature of the eastern deposit boundary. This hole intersected more
than 20m of massive sulphide. Assay results are awaited.
GRB5D047 was drilled behind GRB5D035 and close to GRB5D039, but at a shallower
angle, with the main purpose of defining the eastern limit of the
massive sulphide wedge. This drill hole determined that the massive
sulphide is truncated by a steep fault on its eastern margin.
Otherwise the massive sulphide intersected was similar to GRB5D035.
Assay results are awaited.
Section 5 – GRB5D041 & 045
GRB5D041 and GRB5D045 were drilled on Section 5, some 50m to the north of the significant
intercepts on Section 4. In both these holes the sequence is disrupted
by several broad fault zones and massive dolerite in the hanging wall
sequence that displaces the V1-2/V1-1 contact position – in these two
holes marked by a 20cm umber rather than massive sulphide – to 130
metres. No mineralisation was intersected but it is possible the
deposit continues as a faulted extension at depth or to the west.
Further drilling is in progress and planned to the north and south of
the Mahab 4 deposit.
MAQAIL SOUTH DRILL RESULTS
Further to the encouraging drill results reported in the Press Release
of January 6, 2011, Gentor has conducted follow-up drilling at the
Maqail South discovery in Block 5. Early drilling established the
presence of a proximal massive sulphide mound developed close to an
important cross structure. To date a total of 13 diamond drill holes
for 1,380.10m have been drilled at Maqail South.
GRB5D027 was drilled up-dip of the known massive sulphide lens on the same
section, but only recorded a weak barren umber at the exhalative
position and no footwall stringer mineralisation.
GRB5D031 was sited to test the northern strike continuation of the known massive
sulphide mound, some 50m to the north of the discovery section. The
sulphide mound was intersected yielding 13.6 metres of massive sulphide grading 3.22% Cu, 0.08 g/t Au, 0.02% Zn
and 0.76 g/t Ag from 43.86 metres. This includes a small upper massive sulphide and 11.4m of copper-rich massive sulphide with some magnetite between 46.08m
and 57.46m and stronger Cu grades towards the base, assaying 4.54 metres at 7.40% Cu, 0.12 g/t Au, 0.02% Zn and 1.52 g/t Ag from 50
GRB5D034 & 036 tested the down dip extensions to the east and west but intersected
magnetite-rich umbers and jasper at the sea floor position and a weak
stringer zone underneath.
GRB5D037 & 040 were drilled approximately 50m to the north on Section 8 and
intersected strongly altered footwall rocks with minor mineralisation
but no massive sulphide.
Further drilling is planned at Maqail South.
The exploration results disclosed in this press release have been
reviewed, verified (including sampling, analytical and test data) and
compiled by Dr. Peter Ruxton who is a Member of the Institute of
Materials, Minerals and Mining (I.M.M.M.), the Company’s President and
Chief Executive Officer and a “qualified person” (as such term is
defined in Canadian National Instrument 43-101 as promulgated by the
Canadian Securities Administrators).
Drill cores for assaying were taken from varying intervals based on
geological interpretation and cut with a diamond saw, with one-half of
the core placed in sealed bags and sent for sample preparation in
Muscat, Oman. The core samples were then crushed to -2mm, split and
pulverized down to 90% passing 75 microns. Approximately 150 grams of
pulverized sample were then shipped to the ALS Laboratory (which is
independent of the Company) in Romania where samples were analyzed for
base metals via XRF techniques and gold via fire assay using a 50g
charge. As part of the Company’s QA/QC procedures, which adhere to
international recognized standards, duplicates, blanks and standards
were inserted into sample batches.
Gentor is a mineral exploration company whose projects include copper
and gold properties in the Sultanate of Oman and a
molybdenum-tungsten-silver property in East Central Idaho, U.S. The
Company’s strategy is to create shareholder value by developing highly
prospective mineral properties around the globe, with current focus in
the Sultanate of Oman. In Oman, Gentor is partnered with Al Fairuz
Mining Company LLC on its Block 5 exploration tenement and Al Zuhra
Mining Company LLC on Block 6.
This press release contains certain statements that may be deemed
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. All statements in this press
release, other than statements of historical fact, that address
potential future production, resource and reserve potential,
exploration drilling activities and events or developments that the
Company expects to occur, are forward-looking statements.
Forward-looking statements are statements that are not historical facts
and are generally, but not always, identified by the words “expects”,
“plans” “anticipates”, “believes”, “understands”, “intends”,
“estimates”, “projects”, “potential” and similar expressions, or that
events or conditions “will”, “would”, “may”, “could” or “should” occur.
Information inferred from the interpretation of drilling results and
any information concerning potential mineral resources may also be
deemed to be forward-looking statements, as it constitutes a prediction
of what might be found to be present when and if a project is actually
developed. Such statements are not guarantees of future performance and
actual results may differ materially from those in the forward-looking
statements. Factors that could cause the actual results to differ
materially from those in forward-looking statements include market
prices, exploitation and exploration successes, continued availability
of capital and financing, and general economic, market or business
The United States Securities and Exchange Commission (the “SEC”) permits
mining companies, in their filings with the SEC, to disclose only those
mineral deposits that a company can economically and legally extract or
produce. U.S. investors are cautioned not to assume that any disclosure
of mineralization contained in this press release is economically or
legally mineable. U.S. investors are urged to closely consider all of
the disclosures in the Company’s reports filed pursuant to the
Securities Exchange Act of 1934 which may be secured from the Company,
or from the SEC’s website at http://www.sec.gov/edgar.html.
To view “Figure 1. Geology and Drill hole plan of Mahab 4 Prospect”,
“Figure 2. Mahab 4 Drill Section 4″, “Figure 3 – Mahab 4 Long Section”,
“Figure 4. Geology and Drilling plan at Maqail South”, “Figure 5. Drill
Section 6 at Maqail South” and “Figure 6. Drill Section 7 at Maqail
South”, please click http://files.newswire.ca/909/GentorMaps.pdf.
SOURCE Gentor Resources Inc.