Dia Bras Intersects High-Grade Copper-Gold at the Bolivar Property
posted on
Apr 08, 2008 08:01AM
MONTREAL, QUEBEC--(Marketwire - April 8, 2008) - Dia Bras Exploration Inc. (TSX VENTURE:DIB) is pleased to announce the richest Upper Skarn intersection in the El Gallo area and provide an update on the 2008 exploration program at its Bolivar Project as well as new drilling results.
In the El Gallo area, hole DB08B240 intersected 7.5 metres of 4.53% Cu, 3.75 g/t Au and 383 g/t Ag, including a 4-metre section averaging 6.1% Cu, 6.78 g/t Au and 644 g/t Ag that represents the highest precious metal content intersected to date in the Upper Skarn of El Gallo.
"Hole 240 contains the richest drill intersection in the El Gallo area," says Dr. Thomas L. Robyn, chairman of Dia Bras. "This drill hole is situated some 75 metres SE of hole DB07B225 that intersected the widest Lower Skarn horizon and indicated potential thickening and enrichment of the Lower Skarn horizon towards the SE. These results are particularly exciting because this new zone of high-grade mineralization in the Upper Skarn is located 500 metres SE of our active pilot-mining area where we are mining high grades of zinc and copper. Our success at La Narizona, which is another 1,500 metres SE of El Gallo, raises the exploration potential of this trend. The area of prospective ground is being increased with each drill hole."
To view: Recent Drill Hole Location of El Gallo Area, please visit the following link: http://media3.marketwire.com/docs/ElGallo_hole.pdf
To view: Section of drill holes DB08B240 and DB08B242, please visit the following link: http://media3.marketwire.com/docs/Section_hole.pdf
Further, hole DB08B242 (a 25-metre offset of hole 240) intersected a high grade copper intersection in the Upper Skarn averaging 3.1% Cu, 0.38 g/t Au and 57 g/t Ag over 18 metres core length (15.6 metres true width), including a 9.0 metre section core length (7.8 metres true width) that averages 4.46% Cu, 0.60 g/t Au and 75 g/t Ag.
Results from these holes indicate to the Company's geologists that drilling is approaching an important mineralized area because both the Upper and Lower Skarns show an increase in grade and thickness. Moreover, the appearance of abundant bornite (click here to view the photo of the drill core 240: http://media3.marketwire.com/docs/photo_Hole.pdf) as well as low zinc and elevated gold contents in the Upper Skarn indicate that this mineralization represents a higher-temperature zone in the vicinity of a significant feeder conduit for mineralizing fluids. Dia Bras is drilling on a 25 x 50 metre grid to determine the lateral extent of this high-grade copper-gold zone.
Bolivar Mine Area (Alta Ley)
Surface and underground diamond core drilling at Bolivar Alta Ley are aimed at continuing to define the Rosario and Fernandez mineralized trends while also identifying potential new zones of mineralization, as well as further delineating the Selena, Titanic and Rosario massive sulfide lenses.
Hole DB07228 intersected 7.6% Cu and 2.05% Zn over 2.30 metres core length (1.6 metres true width) in the Upper Skarn horizon of the Selena lens and a further 0.47% Cu and 4.85% Zn over 4.90 metres core length (3.5 metres true width).
Some of the best intersections from the underground drilling, which is continuing to define the high-grade Upper Skarn lenses, include holes DB07BM122 (3.35 metres of 8.38% Cu and 4.03% Zn), DB07BM132 (3.8 metres of 1.12% Cu and 11.1% Zn), DB08BM142 (13.6 metres of 2.81% Cu and 8.35% Zn), all drilled in the Selena lens, and hole DB07BM129 (1.75 metre of 3.16% Cu and 5.51% Zn) in the Titanic zone.
El Gallo Area
Drilling in the El Gallo area continues to intersect widespread disseminated and stringer copper mineralization in the magnetite-bearing Lower Skarn and high-grade zinc in the Upper Skarn.
Some of the best intersections, apart from holes DB08B240 and 242 mentioned earlier, include holes DB08B234 that intersected two zones of Lower Skarn-type mineralisation, in which a number of copper-bearing intersections were encountered, including a 21-metre section core length (16.1 metre estimated true width) averaging 2.8% Cu, 0.1% Pb, 41 g/t Ag and 0.1 g/t Au, including a 9.6-metre section that averaged 3.9% Cu and 77 g/t Ag, hole DB08B223 that intersected 8.20 metres of 1.3% Cu and 26 g/t Ag, and hole DB08B238, which intersected 3.57% Cu over 6.1 metres.
La Montura Area
The best intersection in this area was in hole DB08B235 which intersected 9.38% Zn over 16.70 metres in Upper Skarn-type mineralisation at La Narizona, including a higher grade section averaging 17.04% Zn over 6.90 metres. This new intersection indicates that La Narizona is a block of mineralisation over at least 100 X 50 X 20 metres, although it is still open to the NE and SE.
2008 Drill Program
In the first quarter of 2008, 6,172 metres of core diamond drilling have been completed at Bolivar (surface and underground).
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Month January February March Total
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Underground 534 642 630 1807
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Surface 1120 1677 1569 4365
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Total 1654 2319 2199 6172
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Method of analysis
Samples were prepared at the Chemex lab facility in Chihuahua, Mexico, and analyzed by ICP and AA methods at their facilities in Vancouver, Canada. Diamond drill samples sent for analysis consisted of half NQ-size diamond core split on-site, prepared by the ALS Chemex sample preparation laboratory in Chihuahua, Mexico, and assayed for Au by 50 g fire assay with AA finish and for Ag by AA on 50 g split sample at the ALS Chemex North Vancouver Laboratory. Assays for Pb, Zn and Cu are done by Induction Coupled Plasma (ICP) at Chemex
Quality control
The quality assurance-quality control (QA-QC) of Dia Bras has been described in detail in both RPA's 43-101 reports of December 2006 at Cusi and October 2005 for Bolivar.
The technical content of this news release has been approved by Dr. Thomas L. Robyn, Chairman of Dia Bras, a Qualified Person as defined in NI43-101.
About Dia Bras
Dia Bras is a Canadian mining and exploration company focused on precious and base metals in the Mexico. The Company is committed to developing and adding value to its assets - the Bolivar copper-zinc project, the Cusi silver mining camp in the renowned Sierra Madre mining district of northern Mexico and La Enganosa copper-silver in the State of Jalisco. The Company trades on the TSX Venture Exchange under the symbol "DIB".
Forward-looking statements:
Except for statements of historical fact all statements in this news release without limitation regarding new projects acquisitions future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.
Bolivar Assay Results
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From To Length Cu Zn Au Ag Pb Fe True
(%) (%) g/t g/t (%) (%) IN Width
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BOLIVAR ALTA LEY (Mine Area)
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DB07B228 229.20 231.5 2.30 7.61 2.05 0.09 64.84 0.04 14.67 LS 1.6
339.10 344.0 4.90 0.47 4.85 0.06 17.04 0.02 7.87 LS 3.5
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DB08B233 452.50 456.90 4.40 0.75 0.19 1.98 40.28 0.00 22.38 LS 3.8
459.00 464.00 5.00 1.08 0.21 0.10 16.98 0.00 15.87 LS 3.8
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DB08B237 In process
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EL GALLO SECTOR
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DB07B223 167.0 169.4 2.40 0.50 3.2 0.03 23.0 0.0 8.0 US 2.4
251.8 260.0 8.20 1.3 0.2 0.27 26.0 0.0 28.6 LS 8.0
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DB07B224 Aborted
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DB07B230 No significant mineralization
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DB08B234 135.5 156.5 21.0 2.84 0.05 0.47 53.21 0.00 18.6 LS 16.1
Including 140.0 149.6 9.60 3.90 0.1 0.9 77.0 0.00 24.7 LS 7.4
195.40 200.20 4.80 1.29 0.04 0.52 17.59 0.00 25.26 LS 3.7
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DB08B238 124.90 131.00 6.10 3.57 0.01 0.07 50.22 0.03 13.45 LS 6.0
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DB08B240 133.50 141.00 7.50 4.53 0.04 3.75 383.28 0.06 14.00 US 7.0
Inclu-
ding 135.00 139.00 4.00 6.10 0.01 6.78 644.0 0.02 15.21 3.7
196.00 198.00 2.00 1.10 0.09 2.24 10.00 0.01 26.40 LS 1.9
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DB08B242 118.00 136.00 18.0 3.1 0.00 0.38 57.0 0.01 11.88 US 15.6
inclu-
ding 126.00 135.00 9.0 4.46 0.02 0.60 75.0 0.00 13.16 7.8
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LA NARIZONA
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DB08B235 No significant mineralization
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DB08B236 38.80 55.50 16.70 0.31 9.38 0.03 32.13 0.16 5.61 US 15.16
Including 38.80 45.70 6.90 0.60 17.04 0.03 67.50 0.31 3.50 US 6.5
Including 48.00 55.50 7.50 0.14 4.87 0.05 8.11 0.08 7.31 US 7.0
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DB08B239 49.20 53.50 4.30 0.75 5.54 0.03 13.07 0.04 7.25 US 2.8
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Bolivar Alta Ley (Underground drill hole)
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Drill Hole From To Length Cu Zn Au Ag Fe
% % (g/t) (g/t) %
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REBECA ZONE
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DB07BM123 85.00 85.33 0.33 0.04 3.72 0.00 50.00 0.00
90.00 91.00 1.00 0.06 1.67 0.00 50.00 0.00
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DB07BM127 92.20 93.80 1.60 0.78 0.91 0.00 10.00 0.00
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SAN FRANCISCO ZONE
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DB07BM133 126.00 129.00 3.00 0.18 3.90 0.00 70.00 0.00
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DB08BM143 5.70 7.10 1.40 0.23 4.32 0.03 4.99 22.13
11.90 13.60 1.70 0.05 2.29 0.01 3.94 7.35
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SELENA ZONE
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DB07BM121 22.50 23.00 0.50 0.49 3.30 0.00 20.00 0.00
51.15 53.50 2.35 4.59 2.47 0.00 57.66 0.00
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DB07BM122 9.00 10.70 1.70 2.43 0.26 0.00 125.29 0.00
13.90 14.20 0.30 0.74 1.02 0.00 40.00 0.00
45.70 49.05 3.35 8.38 4.03 0.00 176.57 0.00
55.50 56.40 0.90 1.83 0.47 0.00 90.00 0.00
62.50 63.90 1.40 1.73 2.96 0.00 60.71 0.00
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DB07BM124 3.93 7.50 3.57 0.27 2.55 0.00 33.70 0.00
12.00 13.50 1.50 1.26 11.23 0.00 30.00 0.00
22.40 23.60 1.20 3.67 6.66 0.00 240.00 0.00
25.79 26.74 0.95 1.24 1.48 0.00 0.00 0.00
42.00 42.72 0.72 1.60 0.07 0.00 30.00 0.00
50.00 51.00 1.00 0.09 0.07 0.00 130.00 0.00
62.20 63.00 0.80 0.29 0.13 0.00 110.00 0.00
84.60 87.90 3.30 2.02 10.84 0.00 28.48 0.00
91.00 92.00 1.00 0.13 1.16 0.00 60.00 0.00
102.00 107.70 5.70 0.00 2.48 0.00 50.00 0.00
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DB07BM126 0.00 6.40 6.40 0.14 4.33 0.00 50.00 0.00
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DB07BM128 46.10 48.70 2.60 0.00 4.62 0.00 5.77 0.00
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DB07BM132 32.70 36.50 3.80 1.12 11.13 0.00 60.26 0.00
79.00 81.00 2.00 1.06 6.07 0.00 80.00 0.00
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DB07BM136 10.80 13.00 2.20 0.27 4.72 0.00 20.00 0.00
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DB08BM141 12.00 13.20 1.20 0.15 10.90 0.00 10.00 0.00
27.00 29.30 2.30 1.09 17.60 0.00 11.30 0.00
34.30 36.00 1.70 0.60 9.66 0.00 63.53 0.00
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DB08BM142 24.00 37.60 13.60 2.81 8.35 0.00 57.21 0.00
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Titanic 2
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DB07BM129 17.70 18.25 0.55 1.46 1.58 0.00 10.00 0.00
27.85 33.90 6.05 0.26 0.59 0.00 120.50 0.00
39.20 40.95 1.75 3.16 5.51 0.00 62.00 0.00
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DB07BM130 17.30 18.00 0.70 0.02 1.03 0.00 110.00 0.00
23.00 29.50 6.50 0.48 0.54 0.00 88.46 0.00
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DB07BM131 0.00 9.00 9.00 0.16 2.20 0.00 103.33 0.00
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DB08BM147 41.00 45.70 4.70 0.73 0.72 0.01 44.18 5.99
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DB08BM151 39.70 41.50 1.80 0.85 0.95 0.92 66.59 2.70
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FOR FURTHER INFORMATION PLEASE CONTACT:
Dia Bras Exploration
Daniel Tellechea
President & CEO
514-393-8875
or
Dia Bras Exploration
Thomas L. Robyn, Ph.D.
Chairman of the Board
514-393-8875
www.diabras.com