Full Metal Step-Out Drilling Intersects 13.1 Meters Averaging 13.3% Zn, 9.5% Pb, 0.3% Cu and 159.2 g/t Ag at LWM, 40 Mile Projec
December 19 2007 - 9:00AM
Marketwired
VANCOUVER, BRITISH COLUMBIA is pleased to announce assay results
from an additional six holes that intersected Carbonate Replacement
Deposit (CRD) style massive sulphide mineralization at the LWM
Prospect on the 40 Mile Property, Alaska.
The 2007 Exploration Program was completed in late September at
LWM (assay results from an additional five drill holes are
pending). Drilling to date has encountered massive
sphalerite/galena/chalcopyrite mineralization over 300 meters of
strike length, and over 200 meters below surface and remains open
for expansion in all directions.
From To Length
Hole-ID (m) (m) (m) Ag (g/t) Cu % Pb % Zn %
LWM07-10 39.97 40.54 0.57 20.0 0.01 1.0 6.5
LWM07-11 180.50 188.85 8.35 136.4 0.20 7.5 4.9
including 187.85 188.85 1.00 496.0 0.69 25.0 16.5
191.79 194.78 2.99 58.0 0.08 3.0 3.6
LWM07-14 103.75 123.16 19.41 31.2 0.06 1.4 6.6
including 111.70 118.43 6.73 54.6 0.15 2.2 13.6
LWM07-15 No Significant intercepts
LWM07-16 49.55 51.13 1.58 31.0 0.05 1.6 13.1
LWM07-17 28.45 41.60 13.15 159.2 0.25 9.5 13.3
28.45 33.53 5.08 266.6 0.37 14.0 19.4
85.38 85.90 0.52 45.0 0.08 1.2 24.3
Over-limit assays are pending for multiple individual samples in
excess of 20% Pb and 30% Zn; the average composite grades for
several of these intercepts are expected to increase
significantly.
Drill Hole LWM07-17 encountered 13.1 meters averaging 13.3% Zn,
159.2 g/t Ag, and 9.5% Pb and is a 40 meter western step-out from
hole LWM07-04, which intersected 44.6 meters averaging 15.9% Zn,
5.3% Pb and 76.6 g/t Ag. The lack of outcrop previously resulted in
a challenge to determine the true strike of mineralization at LWM,
additional drilling is helping to determine the geometry of the
Deposit. Hole LWM07-10 was collared in oxidized zinc
mineralization, and immediately cored into footwall rocks. Hole
LWM07-11 was drilled near LWM06-03, which was not drilled to
sufficient depth during the 2006 field season. Hole LWM-11
encountered semi-massive CRD style mineralization, averaging 4.9%
Zn, 7.5% Pb, and 139.4 g/t Ag over 8.3 meters.
The stratigraphic section at the LWM prospect includes: marble,
dolomite, argillite and strongly altered mafic volcanic rocks.
Drilling and ground magnetic geophysics suggests that the carbonate
package hosting the massive sulphide mineralization dips toward the
south, and trends toward Full Metal's Fish Prospect, four miles to
the northeast. Anomalous soil geochemistry is coincident with this
interpreted trend.
The mineralization at LWM, Fish, as well as multiple other
prospects at the 40 Mile Property is consistent with CRD
zinc-lead-silver systems. Worldwide analogs of this style of
mineralization include Leadville, Colorado, Pine Point, NWT and
Polaris deposits, NWT. Due to the irregular geometries of CRD
mineralizing systems, true widths and orientation of the
mineralized zone are not known at this time. A plan map with drill
hole locations and all drill holes from the LWM Prospect are
available on Full Metal's website at www.fullmetalminerals.com.
During 2007, Full Metal completed an extensive regional mapping
and sampling program on the 40 Mile Property. Surface sampling
results will be announced shortly from the Oscar, Drumstick and Eva
Prospects. Full Metal has an option to earn a 100% interest in the
mineral rights to over 800,000 acres of lands owned and selected by
Doyon, Ltd., an Alaska Native Regional Corporation (See FMM 2006 NR
#9, Dated May 23, 2006). Fish and LWM occur within a 90 kilometer
long trend of CRD-style prospects, the majority of which have never
been drill tested.
Full Metal's 2007 exploration program was performed under the
supervision of Robert McLeod, P.Geo., Vice President Exploration
for Full Metal Minerals, and a Qualified Person as defined by NI
43-101. Drill cores are cut in half using a diamond saw, with
one-half placed in sealed bags, and delivered to ALS-Chemex Labs
facility in Fairbanks, Alaska. A sample quality control/quality
assurance program was implemented. Mr. McLeod prepared and approved
the information contained in this release.
Full Metal is a generative exploration company with twelve
active projects in Alaska and one in the Yukon Territory. The
Company currently has eight active Joint Venture Agreements. Full
Metal and its Partners are planning a minimum of eight drill
programs during the 2008 field season.
ON BEHALF OF THE BOARD OF DIRECTORS
Michael Williams, President and Director
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Full Metal Minerals Ltd. Jeff Sundar Manager, Investor
Relations (604) 484-7855 (604) 484-7155 (FAX) Email:
info@fullmetalminerals.com Website: www.fullmetalminerals.com
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