MAIN BRECCIA ZONE OUTLINED ON SURFACE WITH WIDTH EXCEEDING 100 METERS - DRILLING INCREASED TO TWO SHIFTS AND SECOND RIG CONTRACT
Vancouver, BC - Pinnacle Mines Ltd. and Mountain Boy Minerals Ltd. report that the Main Breccia Zone on the Silver Coin property in Northern BC has been outlined on surface in excess of 100 meters in width along an exposed strike length of 400 meters. In addition, this surface exposure is 150 meters higher in elevation relative to the 2005 drill hole intersections along the zone. The breccia is exposed along a steep west dipping rock face that is up to 40 meters high.
Where observed, the breccia consists of intensely silicified, sericite altered rocks with varying amounts of sulfides. Limited trenching in the early 1980’s over short widths along the northern portion of the exposure yielded assays up to 2 grams/tonne gold.
The Companies now plan to conduct more trenching and sampling to better define this surface exposure prior to drilling. The current drill program is on hole 2005-57, located 26 meters north of DDH-2005-52 and 146 meters north of holes 2004-37 and 38, and is continuing to extend the Main Breccia Zone to the northwest.
As of Wednesday, September 14th, a second drill crew has increased drilling to 24 hours per day for the remainder of the season. In addition, the Companies have contracted a Longyear 38 from Driftwood Drilling to begin drilling early next week. The Companies anticipate continuing the fall program as weather conditions allow.
Mineralization in the Main Breccia, Perseverance, and other mineralized structures on the Silver Coin property is similar to ore from the nearby and former producing Silbak-Premier mine, which produced 1.8 million ounces gold, 41 million ounces silver, 4.2 million pounds copper, 62 million pounds lead and 20 million pounds zinc, prior to 1957.
Pinnacle Mines Ltd. is a Canadian based mineral exploration and development company with assets located in both Canada and China. In Canada, Pinnacle holds several properties in Northwestern British Columbia, in proximity to numerous past and producing mines including the Silbak-Premier Mine and Barrick Gold’s famed Eskay Creek Mine. In China, Pinnacle’s current focus is in Southeast Yunnan, an area being increasingly considered for its potential to host significant mineral resources including “Carlin” style gold deposits.
For further information contact Andrew Bowering, President, at 604-688-7377 or visit Pinnacle’s website at http://www.pinnaclemines.com/.
On behalf of the Board of Directors
“Andrew W. Bowering”
President and CEO
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