Colombian Mines Provides El Dovio Exploration Update
May 12 2014 - 9:00AM
Marketwired
Colombian Mines Provides El Dovio Exploration Update
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 12, 2014) -
Colombian Mines Corporation (TSX-VENTURE:CMJ) (FRANKFURT:X6C)
("Colombian Mines" or the "Company") is pleased to report the
Company has completed three (3) holes in the Sabana Blanca zone at
the Company's 100% owned El Dovio project. All holes intersected
visually significant massive to semi massive, sulfide
mineralization that strongly resembles other known mineralization
on the property.
Highlights include:
- Drilling intersected up to 49.8 meters of visually significant
mineralization in the Sabana Blanca zone.
- Mineralization extends more than 250 meters down dip below
surface outcrops.
- Mineralized drill intercepts increase in length down dip as
shown in Table 1.
TABLE 1 El Dovio 2014 Drilling |
HOLE |
Mineralization |
From (m) |
To (m) |
Intercept |
SB14-01 |
11.4 |
14.8 |
3.4 |
SB14-02 |
14.1 |
24.9 |
10.8 |
|
41 |
47.8 |
6.8 |
SB14-03 |
32.5 |
82.3 |
49.8 |
Mineralization noted consists of intense silica flooding and
multi-stage quartz veining with pyrite, pyrrhotite, chalcopyrite
and sphalerite. Results of the 2013 drilling program indicate that
gold mineralization is spatially associated with sphalerite on the
property.
GEOPHYSICAL SURVEY
The Company is also pleased to report the expanded ground
magnetometry survey has been completed and the preliminary data
delivered to the Company by the contractor. The Company's
geophysical consultants are currently modeling the data.
About El Dovio: Colombian Mines Corporation's El Dovio project
hosts structurally controlled, high grade, gold - poly metallic
mineralization comprised of multi-phased coliform banded
crystalline quartz containing semi-massive to massive sulfides in
metamorphosed thoelitic volcanic rocks of the Cañasgordas Group.
Mineralization at El Dovio occurs in four major zones, the Sabana
Blanca, Granizales, Platanillal and Brazo 1 zones. Metallurgical
characteristics are excellent, yielding greater than 96% of the
contained gold, copper and zinc, and 91% of contained silver with
conventional flotation.
Additional potential exists to discover bedded VMS style
mineralization along an important sediment - volcanic contact that
stretches for more than seven (7) kilometers across the El Dovio
property and which is similar to that known to host the Atico
Mining's (TSX.V: ATY), Mina El Roble. The Company has already
identified strong gold and copper geochemical results similar to
those associated with mineralization in the Sabana Blanca, Brazo 1
and Granizales zones and limited prospecting of this zone
discovered bedded sulfides in graphitic sediments.
Robert G. Carrington is the Company's designated Qualified
Person within the meaning of NI 43-101 and has reviewed and
validated the technical information contained in this release.
About Colombian Mines Corporation: Colombian Mines Corporation
is an aggressive exploration and development stage company with a
distinct "first mover" advantage in Colombia. Focused on developing
shareholder value through exploration and development of key
projects, the Company is also one of Colombia's leading "prospect
generators". Further information can be found on our website at
www.colombianmines.com.
Robert G. Carrington, President & CEO
Neither the TSX Venture Exchange nor the Investment Industry
Regulatory Organization of Canada accepts responsibility for the
adequacy or accuracy of this release.
Forward-Looking Statement:
Some of the statements in this news release contain
forward-looking information that involves inherent risk and
uncertainty affecting the business of Colombian Mines Corporation.
Actual results may differ materially from those currently
anticipated in such statements.
Colombian Mines CorporationSharon HebginCorporate
Communications(604) 649-9195 - Canada(760) 668-7211 - United
Statesshebgin@colombianmines.comColombian Mines CorporationDave
CrossChief Financial Officer and Corporate Secretary(604)
669-0868dcross@crossdavis.comwww.colombianmines.com