AURIZON REPORTS FURTHER DRILL RESULTS FROM MARBAN
April 14 2011 - 9:00AM
PR Newswire (Canada)
VANCOUVER, April 14 /CNW/ -- Shares Listed: Toronto Stock Exchange
- Ticker Symbol - ARZ NYSE Amex: - Ticker Symbol - AZK U.S.
Registration: (File 001-31893) News Release Issue No. 10 -
2011 VANCOUVER, April 14 /CNW/ - Aurizon Mines Ltd. ("Aurizon") is
pleased to report on the latest drilling results at the Marban
Block property, located in the Malartic gold camp, Abitibi region
of Quebec. Assay results were received for 29 drill holes completed
on the neighbouring Norlartic and Marban gold deposits.
Results are tabled on the following pages. Significant Norlartic
intersections include: -- 3.06 grams of gold per tonne over 10.7
metres (NL-11-040); -- 6.75 grams of gold per tonne over 4.6 metres
(NL-11-042); -- 1.91 gram of gold per tonne over 58.3 metres
(NL-11-047). Significant Marban intersections include: -- 14.02
grams of gold per tonne over 2.1 metres (MB-10-137); -- 39.70 grams
of gold per tonne over 1.1 metre (MB-10-137); -- 5.80 grams of gold
per tonne over 4.1 metres (MB-10-142). The initial program under
the terms of the Aurizon option agreement commenced on August 30,
2010 and includes 50,000 metres of diamond drilling. Three
drill rigs are currently in operation on the project. To
date, a total of 29,150 metres were drilled in 116 holes.
Results are pending for 50 completed drill holes. Norlartic deposit
drilling Twenty-one (21) drill holes, for a total of 4,320 metres,
were completed on the Norlartic deposit during the winter.
The objective of the initial phase of drilling was to better define
the entire width of the Norbenite shear gold mineralised gold
envelope within the top 200 metres from surface and, more
specifically, along the western 500-metre strike extent of the
Norlartic deposit. Past drilling over this portion of the
deposit primarily targeted the Main Zone, which consists of a
sulphide and gold mineralised vein stockwork localised in an
intrusive dike cutting central portion of the Norbenite shear. The
holes completed to date confirm: 1) the presence of other veined
and mineralised intrusive dikes in the hanging wall (HW) of the
Main Zone, and 2) that the near surface extent of the Norlartic
deposit consists of a wide gold mineralised envelop characterised
by intrusive dikes cutting sheared ultramafic volcanic rocks.
Highlights of the results from the first eight (8) holes include a
section averaging 1.91 grams of gold per tonne over 58.3
metres in hole NL-11-047. Marban deposit drilling Eighty-eight (88)
holes, for a total of 23,290 metres, have been completed on the
Marban deposit since the start of the program in August,
2010. Drilling to date has covered a 1,050-metre strike
extent of the Marban gold mineralised system and was mainly focused
on: 1) completing a 50-metre drill hole spacing array within the
top 300 metres from surface, and 2) verifying the extension of the
gold mineralised shear zones to surface. The initial phase of
drilling at Marban has: -- validated the geological and structural
model of the deposit; -- established lateral and vertical
continuity to the mineralised shear zones; and -- demonstrated the
potential for both bulk tonnage and narrower higher-grade ore
shoots. The remaining phase of this year's drilling program at
Marban includes deeper drilling to test the down dip extension of
the mineralised zones, mainly from 300 to 500 metres vertical
depth. In addition, three (3) widely spaced exploration drill hole
fences are in progress to investigate the one kilometre area
between the Marban and Norlartic deposits. Five (5) drill
holes, for a total of 1,000 metres, were completed to date over
this target. Norlartic Drill Results
_________________________________________________________________________________
| Hole |Line|Station| Az |Dip |Depth (m)|From | To |Length|Grade|
Zone(s) | | | | | | | | (m) | (m) | (m) |(g/t | | | | | | | | | | |
| Au) | |
|_________|____|_______|_____|____|_________|_____|_____|______|_____|____________|
|NL-11-040|1+28|0+22 N |N210°|-60°| 129.0 | | | | | | | | W | | | |
|26.6 |37.3 | 10.7 |3.06 | Main | | | | | | | |122.2|123.4| 1.2
|4.23 |Granodiorite|
|_________|____|_______|_____|____|_________|_____|_____|______|_____|____________|
|NL-11-041|2+70|0+40 N |N210°|-45°| 153.0 |21.7 |28.8 | 7.1 |0.62 |
HW | | | W | | | | |31.2 |43.0 | 11.8 |2.37 | Main |
|_________|____|_______|_____|____|_________|_____|_____|______|_____|____________|
|NL-11-042|3+15|0+40 N |N210°|-45°| 186.4 | | | | | | | | W | | | |
|38.7 |43.3 | 4.6 |6.75 | Main | | | | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|______|_____|____________|
|NL-11-043|3+60|0+50 N |N210°|-45°| 210.0 |22.1 |34.8 | 12.7 |1.60
| HW | | | W | | | |including|22.1 |26.5 | 4.4 |2.80 | HW | | | | |
| | |38.0 |41.6 | 3.6 |2.25 | HW | | | | | | | |48.8 |57.7 | 8.9
|1.14 | Main |
|_________|____|_______|_____|____|_________|_____|_____|______|_____|____________|
|NL-11-044|3+40|1+15 N |N210°|-45°| 270.0 |88.1 |99.2 | 11.1 |0.79
| HW | | | W | | | | |104.9|109.3| 4.4 |1.08 | Main | | | | | | |
|154.8|156.0| 1.2 |7.94 | FW |
|_________|____|_______|_____|____|_________|_____|_____|______|_____|____________|
|NL-11-045|0+90|0+50 N |N210°|-55°| 60.2 |37.2 |60.0 | 22.8 |0.81 |
HW-Main | | | W | | | |including|44.0 |46.0 | 2.0 |4.37 | HW |
|_________|____|_______|_____|____|_________|_____|_____|______|_____|____________|
|NL-11-046|3+70|0+60 N |N210°|-55°| 204.0 |67.8 |89.0 | 21.2 |1.23
| HW-Main | | | E | | | |including|67.8 |74.3 | 6.5 |2.36 | HW |
|_________|____|_______|_____|____|_________|_____|_____|______|_____|____________|
|NL-11-047|0+83|1+10 N |N210°|-45°| 183.0 |90.9 |149.2| 58.3 |1.91
| HW-Main-FW | | | W | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|______|_____|____________|
Marban Drill Results
______________________________________________________________________________
| Hole |Line|Station| Az |Dip |Depth (m)|From | To |Length
|Grade|Zone(s) | | | | | | | | (m) | (m) | (m) |(g/t | | | | | | |
| | | | | Au) | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-10-137|2+50|1+30 S |N180°|-55°| 302.5 |31.0 |32.2 | 1.2 |8.24 |
Y | | | E | | | | |150.2|163.3| 13.1 |0.87 | C-B-D1 | | | | | | |
|215.5|217.6| 2.1 |14.02| P | | | | | | | |238.5|239.6| 1.1 |39.70|
T |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-10-138|2+50|1+90 S |N180°|-55°| 252.0 |134.6|135.2| 0.6 |8.59 |
C | | | E | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-10-139|2+00|1+25 S |N180°|-65°| 299.0 |119.8|120.5| 0.7 |5.58 |
| | | E | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-10-140|4+00|0+80 S |N180°|-50°| 167.0 |70.3 |85.9 | 15.6 |0.52
| E | | | W | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-10-141|4+00|0+40 N |N180°|-50°| 266.0 |44.2 |45.4 | 1.2 |5.13 |
| | | W | | | | |102.7|104.0| 1.3 |11.84| 2 | | | | | | |
|133.7|147.4| 13.7 |1.12 | Z | | | | | | |including|139.0|142.8|
3.8 |3.15 | Z | | | | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-10-142|4+00|1+70 N |N180°|-50°| 332.0 | 205 |209.1| 4.1 |5.80 |
Z | | | W | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-10-143|3+50|2+40 N |N180°|-55°| 398.0 |254.9|261.4| 6.5 |1.22 |
Y | | | W | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-10-144|4+00|3+00 N |N180°|-50°| 401.0 |104.0|104.9| 0.9 |12.70|
| | | W | | | | |242.2|269.5| 27.3 |1.05 | Y-2 |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-10-145|4+50|2+95 N |N180°|-50°| 347.0 |84.2 |85.4 | 1.2 |3.25 |
| | | W | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-10-146|5+00|3+00 N |N180°|-50°| 299.0 |49.5 |55.6 | 6.1 |0.67 |
| | | W | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-11-147|4+50|1+65 N |N180°|-50°| 269.0 |152.0|153.0| 1.0 |14.10|
2 | | | W | | | | |161.4|162.2| 0.8 |5.51 | Y |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-11-148|1+50|0+40 N |N180°|-45°| 281.0 |195.8|200.6| 4.8 |0.98 |
D1 | | | W | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-11-149|1+50|0+30 S |N180°|-45°| 230.0 |142.0|154.9| 12.9 |0.59
| D1 | | | W | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-11-150|2+00|1+80 S |N180°|-65°| 230.0 |132.7|135.0| 2.3 |1.54 |
A-C | | | E | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-11-151|2+00|0+40 N |N180°|-65°| 245.0 |166.1|172.4| 6.3 |2.23 |
E | | | E | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-11-152|1+50|1+10 N |N180°|-55°| 231.5 |210.9|211.9| 1.0 |6.85 |
E | | | E | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-11-153|1+50|0+75 S |N180°|-55°| 300.0 |177.0|183.2| 6.2 |1.21
|A-B-C-D1| | | E | | | | |186.8|199.8| 13.0 |1.37 | C1-C2 |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-11-154|1+50|1+35 S |N180°|-55°| 221.0 |184.3|187.2| 2.9 |0.88 |
T | | | E | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-11-155|0+50|2+13 S |N180°|-55°| 120.0 |59.0 |70.8 | 11.8 |1.80
| A | | | E | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-11-156|0+00|1+05 S |N180°|-42°| 170.0 |133.7|165.6| 31.9 |0.64
| T |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
|MB-11-157|1+00|1+40 S |N180°|-56°| 176.0 |42.4 |42.9 | 0.5 |35.50|
E | | | W | | | | | | | | | |
|_________|____|_______|_____|____|_________|_____|_____|_______|_____|________|
Aurizon Option Aurizon can earn up to a 65% interest the Marban
Block property under the terms of an option and joint venture
agreement dated July 5, 2010 between NioGold Mining Corporation
("Niogold") and Aurizon. The initial 50% interest can be
earned by incurring expenditures of C$20 million over three years,
completing an updated NI 43-101 compliant mineral resource
estimate, and by making a resource payment for 50% of the total
gold ounces defined by the mineral resource estimate. NioGold
is the project operator during the initial earn-in period (see news
release dated July 6, 2010). Technical Information, QA/QC and
Qualified Persons Reported intervals are in core lengths but are
anticipated to approximate true width, except where structural
complexities occur, as the holes were drilled near perpendicular to
the principal local structural orientation. Diamond drill holes
were drilled with NQ-size core in order to obtain larger sample
volumes of the mineralised zones, except for holes that traversed
underground workings which were completed using BQ-size core.
The core was sealed and delivered by the drilling contractor to
NioGold's facilities located at the Norlartic mine site. The
core was photographed for reference, logged and mineralised
sections were sawed in half. Sample lengths vary between 0.5
to 1.5 metres. Half core samples were bagged, sealed and
delivered to ALS Chemex in Val-d'Or, Quebec, an accredited
laboratory. The remaining core is stored on site for
reference. Samples were assayed by the fire-assay method
using an atomic absorption finish on a 50-gram pulp split. A
quality assurance and quality control program (QA/QC) was
implemented by NioGold and the laboratory to insure the precision
and reproducibility of the analytical method and results. The
QA/QC program includes the insertion of standards, blanks and field
duplicates in the sample batches sent to the laboratory and a
systematic re-assaying of samples returning values above 2 g/t Au
by the fire-assay method using a gravimetric finish. As well,
pulps grading above 0.5 g/t Au are sent to Bourlamaque Assay
Laboratories Ltd. in Val-d'Or for check assaying. The drilling
program was conducted under the supervision of Yan Ducharme, M.Sc.,
P.Geo. (OGQ), a Qualified Person as defined by National Instrument
43-101. This news release was prepared under the supervision
of Martin Demers, P. Geo., Exploration Manager of Aurizon and a
Qualified Person under. National Instrument 43-101, based on
information made available by Niogold and verified by personnel of
the Company. Additional Information The attached sketch shows the
geological context of the Marban Block property, the position of
the drill holes and a plan view of the Marban deposit.
http://files.newswire.ca/734/Sketch_041411.pdf About Aurizon
Aurizon is a gold producer with a growth strategy focused on
developing its existing projects in the Abitibi region of
north-western Quebec, one of the world's most favourable mining
jurisdictions and prolific gold and base metal regions, and by
increasing its asset base through accretive transactions.
Aurizon shares trade on the Toronto Stock Exchange under the symbol
"ARZ" and on the NYSE Amex under the symbol "AZK". Additional
information on Aurizon and its properties is available on Aurizon's
website at www.aurizon.com. Forward Looking Statements and
Information This news release contains "forward-looking statements"
and "forward-looking information" within the meaning of applicable
securities regulations in Canada and the United States
(collectively, "forward-looking information"). The
forward-looking information contained in this news release is made
as of the date of this news release. Except as required under
applicable securities legislation, the Company does not intend, and
does not assume any obligation, to update this forward-looking
information. Specifically, this news release contains
forward-looking information with respect to future exploration work
on the Marban Block property. Forward-looking information
contained in this news release is based on certain assumptions that
the Company believes are reasonable, that the current price of and
demand for gold will be sustained or will improve. However,
forward-looking information involves known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking information. Such
factors include, among others, the risk that actual results of
exploration activities will be different than anticipated, that
required supplies, equipment or personnel will not be available or
will not be available on a timely basis or that the cost of labour,
equipment or supplies will increase more than expected, that the
future price of gold will decline, that the Canadian dollar will
strengthen against the U.S. dollar, that mineral resources are not
as estimated, that actual costs or actual results of reclamation
activities are greater than expected; that changes in project
parameters as plans continue to be refined may result in increased
costs, of accidents, labour disputes and other risks generally
associated with exploration, unanticipated delays in obtaining
governmental approvals or financing or in the completion of
exploration activities, as well as those factors and other risks
more fully described in Aurizon's Annual Information Form filed
with the securities commission of all of the provinces and
territories of Canada and in Aurizon's Annual Report on Form 40-F
filed with the United States Securities and Exchange Commission,
which are available on Sedar at www.sedar.com and on Edgar at
www.sec.gov/. Although the Company has attempted to identify
important factors that could cause actual actions, events or
results to differ materially from those described in
forward-looking information, there may be other factors that cause
actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that forward-looking
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
statements. Readers are cautioned not to place undue reliance on
forward-looking information due to the inherent uncertainty
thereof. To view this news release in HTML formatting, please
use the following URL:
http://www.newswire.ca/en/releases/archive/April2011/14/c4031.html
table cellspacing="0" valign="top" border="0" tr valign="top" td
valign="top" colspan="2" align="center" bAURIZON MINES LTD./b /td
/tr tr valign="top" td valign="top" align="center" David Hall,
President and C.E.O.br/ Telephone: (604) 687-6600br/ Toll Free:
1-888-411-GOLDbr/ Fax: (604) 687-3932 /td td valign="top"
align="center" Martin Bergeron, Vice President,br/ Operationsbr/
Telephone: (819) 874-4511br/ Fax: (819) 874-3391 /td /tr tr
valign="top" td valign="top" colspan="2" align="center" Web
Site: a href="http://www.aurizon.com"www.aurizon.com/a
Email: a href="mailto:info@aurizon.com"info@aurizon.com/a /td
/tr tr valign="top" td valign="top" colspan="2" align="center" or
/td /tr tr valign="top" td valign="top" colspan="2" align="center"
bRenmark Financial Communications Inc. /bbr/ 1050 - 3400 De
Maisonneuve Blvd Westbr/ Montreal, QC H3Z 3B8br/ Barry
Mire: a
href="mailto:bmire@renmarkfinancial.com"bmire@renmarkfinancial.com/abr/
Maurice Dagenais: a
href="mailto:mdagenais@renmarkfinancial.com"mdagenais@renmarkfinancial.com/abr/
Media: Guy Hurd: a
href="mailto:ghurd@renmarkfinancial.com"ghurd@renmarkfinancial.com/abr/
Tel: (514) 939-3989 Fax: (514) 939-3717 /td /tr /table
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