Rockex Mining Corporation announced assay results from the current 2011 fall drilling program on its 100% owned Western Lake St Joseph project in north-western Ontario, Canada.
Hole EI-106, with a direction of 320 degrees and a dip of -70 degrees, was drilled to intersect at depth the Main Zone North of the Eagle Island Deposit in the Company's Western Lake St Joseph project; the drill hole was ended at 987.8 metres. The bulk of the Iron formation was intersected from 337.7 metres in hole (265 metres vertical depth) to 862 metres in-hole (564 metres vertical depth). The true width of the mineralized intersection is estimated at 495 metres.
Mr Donald A Sheldon CEO of Rockex said that "It is exciting to see the large width and consistent grade of the iron mineralization at depth, up to 190 metres directly below the outlined resources. Follow-up drilling and additional results will be used to update and upgrade the current resource estimate."
As of today, a total of nine drill holes totaling 4,720.2 metres have been completed out of 8,000 metres planned for the current drilling campaign. The drilling program started at the Eagle Island Deposit with a view to upgrading the classification of various parts from Inferred Resources to Measured and Indicated Resources and adding to the estimated size of the deposit. The program will test both the anomalies identified in the Company's recent airborne survey (including Fish Island) and the mineralized zone at Eagle Island at depths below 300 metres. Two drills are currently active on the property.
Samples were prepared on-site from sawn NQ2 gauge drill core. Blanks and duplicate assays are included at regular intervals in each sample batch submitted to SGS Mineral Services in Lakefield, Ontario. Assay protocol includes major element oxides by X-Ray Fluorescence, Total Sulfur and Carbon by LECO induction furnace with Infrared finish, titration of Fe2+ reported as FeO and Satmagan saturation magnetic assay to report magnetic iron content. As of today, the Company has only received a complete set of XRF assays for one drill hole, EI-106. Further detailed reporting of the results will be issued as the Company receives additional assay results from the laboratory.
