Inter-Rock Minerals Inc. (TSX VENTURE:IRO) ("Inter-Rock") is pleased to announce
that it has completed a Phase 1 drilling program at its Stingaree Valley
property in Churchill County, Nevada. The property is located in a valley floor
between the historic Chalk Mountain and Westgate mining districts.


In the fall of 2008, Inter-Rock identified a total of fourteen drill targets
based on (1) an analysis of gravity and induced polarization surveys ("IP") that
were conducted by Inter-Rock in the spring of 2008, (2) a review of historical
drill data from the J.R. Simplot Company and (3) mapping and historical
geophysical work. The Simplot data dates from the late 1960's and early 1970's.


The gravity survey indicated a broad high that extends 1.5 to 2 kilometers to
the southeast of Chalk Mountain and is interpreted to be an area of shallow (30m
feet to 50m) pre-Tertiary rock lying beneath alluvial cover.


The IP/resistivity survey detected a zone of highly anomalous IP response that
defined a north-easterly trending zone that crosses the area of shallow
pre-Tertiary rock. The IP anomaly is associated with a gravity gradient and a
strong lateral resistivity contrast that suggests a significant structural
feature along the western side of the IP anomaly. The anomaly is open to both
the north and south and extends to the east at greater depth. The existence of a
coincident reported historical spontaneous potential anomaly made this a
priority target.


The anomaly may define a potential host rock if it is due to a carbonaceous unit
such as a calcareous siltstone or silty limestone. The north-easterly trending
structure and possible structural block, as indicated by the gravity high,
present a potential target with respect to structurally and/or
lithologically-controlled gold mineralization. Intrusive rocks known to occur
within a short distance may have provided a heat source for mineralization.


Phase 1 comprised three reverse circulation holes. The holes were selected to
(1) test the IP anomaly, (2) target a projection of the IP anomaly and an
historical spontaneous potential anomaly, and (3) to duplicate a drill hole
drilled by Simplot that is believed to have returned a significant gold assay.
In addition, the holes will help refine the Company's geological understanding
of the property. Two of the holes were drilled to a depth of approximately 800
feet, while the third was designed to evaluate a shallower feature at 400 feet
in depth.


During drilling, duplicate samples of drill cuttings were collected on 5-foot
down-hole intervals and bagged to be used for assaying and reference, with
smaller, washed sub-samples placed in chip trays to be used for geological
logging. The samples were securely stored and the chip tray splits have been
logged. Samples will be submitted to a commercial ISO-certified laboratory for
assaying and geochemical analysis that will aid with detailed planning of the
second-phase of the exploration program.


To date, there has been insufficient exploration to define a mineral resource
and Inter-Rock cautions that there is a risk that further exploration will not
result in the delineation of a resource.


Certain information regarding Inter-Rock including management's assessment of
future plans and operations, may constitute forward-looking statements under
applicable securities laws and necessarily involve risks associated with mining
exploration and development, volatility of prices, currency fluctuations,
imprecision of resource estimates, environmental and permitting risks, access to
labour and services, competition from other companies and ability to access
sufficient capital. As a consequence, actual results may differ materially from
those anticipated in the forward-looking statements.


Inter Rock Minerals (TSXV:IRO)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Inter Rock Minerals Charts.
Inter Rock Minerals (TSXV:IRO)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Inter Rock Minerals Charts.