Business Services Industry

NDU Resources - Ruby Range Second Phase Drilling Results

Business Wire, Sept 20, 1995

VANCOUVER, BC--(BUSINESS WIRE)--SEPTEMBER 20, 1995--NDU RESOURCES LTD. (VSE:NDU) President James M. Stephen announces results from the second phase of diamond drilling at the Ruby Range Property where the Company has an option to earn 50 percent working interest from Cash Resources Ltd.

The most recent drilling consisted of nine holes. Three holes explored along strike or downdip from previous holes in the Rikus Zone and produced intersections ranging from 1.1 to 2.0 g/t gold over widths of 1.5 to 5.5 m. The other six holes tested three veins located between 1000 and 2000 m west of the Rikus Zone.

These holes yielded only one significant assay, 4.16 g/t gold from a 1.44 m wide gouge zone approximately 50 m downdip from an excavator trench containing a similar structure which assayed 19.06 g/t over 1.0 m. Unfortunately a hole which should have cut the structure further downdip returned only weakly anomalous values.

A Max-Min survey produced strong geophysical conductors over several known and suspected vein zones and successfully traced these structures along strike; however, soil geochemical response along the projected extensions is generally subdued and prospecting has located only isolated patches of mineralized float. -0-

Note to Editors: Neither the Vancouver Stock Exchange nor the Toronto Stock Exchange have reviewed or accept responsibility for the adequacy of this news release.

CONTACT: James M. Stephen

President

(604) 683-1610

COPYRIGHT 1995 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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