Brett's In-Fill Drilling Continues To Intersect Significant Widths and Grades At Hammond Reef
January 14 2010 - 9:19AM
Marketwired
Brett Resources Inc. (TSX VENTURE: BBR) is pleased to provide
results from drilling completed to the end of 2009 at its Hammond
Reef Project in northwestern Ontario. Highlights of recent results
include drill holes BR-148 with 196.5 metres of 1.13 grams per
tonne Au, BR-153 with 97.5 metres of 2.24 grams per tonne Au and
BR-163 with 198.0 metres of 1.02 grams per tonne Au.
Patrick Soares, President and CEO comments, "I am pleased that
the current in-fill drill program is providing consistently good
results that confirm the continuity of the mineralization".
Drilling completed to the end of 2009 totaled 29 holes and just
over 9,200 metres. Assay results from BR-135 to BR-147 were
released on December 8, 2009. The Company has now received the
assays for the remaining 16 holes, BR-148 to BR-163. Please see
drill plan map
(http://www.brettresources.com/i/pdf/100107_Drilling_Pressrelease.pdf)
on the Company's website.
The majority of these newly released results report to the
infill program of the A-Zone, with the exception of holes BR-149
and BR-151 which were collared North of Mitta Lake. The diamond
drilling completed North of Mitta Lake tested the footwall of the
system just east of the A-Zone. The in-fill program has been
designed to assist in determining the drill density required to
convert the current Inferred Resource to Indicated and Measured.
The infill holes will also be used to refine the geological
interpretation of the deposit.
Summarized below are the best intervals for each of the 16
holes. A complete listing of all the intervals for these holes
along with a plan view of the holes can be found on the Company web
site at www.brettresources.com. Schematic cross-sections showing
mineralization will be added to the web site.
----------------------------------------------------
From To Au
Cross ------------- ----
Section Hole No. (m) (m) Core Length (g/t)
----------------------------------------------------
1770_E BR-148 117.5 314.0 196.5 1.13
----------------------------------------------------
incl 144.5 168.5 24.0 1.85
----------------------------------------------------
243.5 287.0 43.5 1.90
----------------------------------------------------
----------------------------------------------------
1745_E BR-150 80.0 297.5 217.5 1.18
----------------------------------------------------
incl 146.0 168.5 22.5 2.40
----------------------------------------------------
incl 192.5 237.5 45.0 2.57
----------------------------------------------------
----------------------------------------------------
1745_E BR-152 86.0 192.5 106.5 0.93
----------------------------------------------------
incl 152.0 156.5 4.5 5.64
----------------------------------------------------
----------------------------------------------------
1695_E BR-153 201.5 299.0 97.5 2.24
----------------------------------------------------
incl 263.0 279.5 16.5 6.51
----------------------------------------------------
309.5 342.5 33.0 1.03
----------------------------------------------------
----------------------------------------------------
1720_E BR-154 24.5 78.5 54.0 0.39
----------------------------------------------------
102.5 147.5 45.0 0.64
----------------------------------------------------
236.0 239.0 3.0 10.23
----------------------------------------------------
----------------------------------------------------
1695_E BR-155 72.5 156.5 84.0 0.75
----------------------------------------------------
167.0 293.0 126.0 1.25
----------------------------------------------------
incl 182.0 223.7 41.7 2.12
----------------------------------------------------
incl 240.2 254.0 13.8 2.24
----------------------------------------------------
----------------------------------------------------
1745_E BR-156 72.5 120.5 48.0 1.02
----------------------------------------------------
129.5 255.5 126.0 1.42
----------------------------------------------------
incl 210.5 228.5 18.0 2.64
----------------------------------------------------
----------------------------------------------------
1720_E BR-157 36.5 42.5 6.0 2.51
----------------------------------------------------
179.0 288.5 109.5 0.73
----------------------------------------------------
incl 239.0 257.0 18.0 1.77
----------------------------------------------------
----------------------------------------------------
1795_E BR-158 75.5 198.5 123.0 0.77
----------------------------------------------------
incl 171.5 182.0 10.5 2.32
----------------------------------------------------
----------------------------------------------------
1770_E BR-159 146.0 179.0 33.0 0.50
----------------------------------------------------
188.0 329.0 141.0 0.71
----------------------------------------------------
incl 248.0 257.0 9.0 2.00
----------------------------------------------------
----------------------------------------------------
1845_E BR-160 38.0 134.0 96.0 1.26
----------------------------------------------------
incl 99.5 114.5 15.0 3.51
----------------------------------------------------
147.5 194.0 46.5 0.73
----------------------------------------------------
----------------------------------------------------
1745_E BR-161 138.5 318.5 180.0 0.62
----------------------------------------------------
----------------------------------------------------
1820_E BR-162 150.5 165.5 15.0 1.14
----------------------------------------------------
212.0 344.0 132.0 1.31
----------------------------------------------------
incl 248.0 258.5 10.5 2.99
----------------------------------------------------
incl 299.0 318.5 19.5 2.31
----------------------------------------------------
----------------------------------------------------
1845_E BR-163 129.5 327.5 198.0 1.02
----------------------------------------------------
incl 236.0 252.5 16.5 3.23
----------------------------------------------------
Limited drill testing of the footwall was completed with six
holes. The assay results of last two of these holes are reported.
The objective of drill testing the footwall was for a combination
of exploration and engineering planning purposes.
The following table shows the footwall exploration holes:
----------------------------------------------------
From To Au
Cross ------------- ----
Section Hole No. (m) (m) Core Length (g/t)
----------------------------------------------------
----------------------------------------------------
2120_E BR-149 15.50 18.50 3.00 0.410
----------------------------------------------------
26.00 33.50 7.50 0.411
----------------------------------------------------
84.50 89.00 4.50 0.424
----------------------------------------------------
206.00 209.00 3.00 0.443
----------------------------------------------------
----------------------------------------------------
1920_E BR-151 20.00 24.50 4.50 0.397
----------------------------------------------------
51.50 75.50 24.00 0.342
----------------------------------------------------
87.50 98.00 10.50 0.291
----------------------------------------------------
Brett has resumed drilling at Hammond Reef with two diamond
drills. One drill will continue to test the A-Zone area and the
other will move to the 41-Zone where it will initiate completion of
a tightly spaced drill hole layout.
This phase of 41-Zone testing will have a similar objective to
the A-Zone in-fill program where geological data will be collected
to assist in determining the required drill density to upgrade the
current Inferred Resource. These holes will also assist in refining
the 41-Zone geological model.
A third drill diamond will be added to the program before the
end of January. This third drill will be operated by Rainy Lake
Tribal Contracting ("RLTC"), a well respected and highly
experienced local First Nations contractor.
Quality Assurance and Quality Control
The Company utilizes standard industry practices in quality
control and quality assurance with insertion of blind standards,
blanks, and duplicates, in addition to the quality assurance and
quality control practiced by the assay laboratory. Sample
preparation and analysis are conducted by ALS Chemex Laboratories
with sample preparation in Thunder Bay, ON, and analyses of pulps
in North Vancouver, BC, ISO/IEC guideline 17025 accredited
facilities. The geologist and Qualified Person under the terms of
National Instrument 43-101 responsible for the verification of work
and data acquisition at Hammond Reef is John Zbeetnoff, P. Geo.
Assay results used in this news release have some minor out of
range control samples, as such, these samples as well as some of
their related core samples are currently undergoing analytical
rerun analyses for gold at the analytical lab. The assay results
for these reruns are expected with in four to six weeks. It is not
expected that there will be any noticeable impact on the final
length weighted grade calculations. All significant grade changes
will be reported in future new releases, minor changes will be
posted on the website.
The Qualified Person responsible for this news release under the
terms of National Instrument 43-101 is Patrick Soares, PGeo.
About Brett Resources Inc.
Brett Resources Inc. is a Canadian minerals exploration company
whose primary mandate is the discovery, acquisition, and
development of precious metals systems, with particular expertise
in Canada and Latin America. Since 2006 Brett's primary focus has
been the 100 percent owned Hammond Reef Gold Deposit in Ontario
where a C.I.M. Inferred Resource of 6.70 million ounces of gold,
259.4 million tonnes at a grade of 0.8 grams per tonne utilizing a
0.3 gram per tonne gold cut-off has been outlined. The Company will
continue to advance this flagship Project.
Patrick Soares, President & CEO
Neither TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this release.
Contacts: Brett Resources Inc. Tony Perri Manager, Investor
Relations 604-488-0008 (604) 669-2543 (FAX)
tperri@brettresources.com www.brettresources.com Wani Capital Raju
Wani 403-240-0555
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