Canadian International Minerals Inc. - Diamond drill permits for Carbo rare
earth project received
Trading Symbol CIN-CNSX
VANCOUVER, Aug. 19 /CNW/ - Canadian International Minerals Corp. ("CIN" or the "Company") is pleased to announce that a permit to conduct a 1000 meter diamond drill program on its Carbo Project north of Prince George, BC, has been issued by the B.C. Ministry of Energy, Mines and Petroleum Resources. CIN would like to thank all involved in the timely permitting which was issued in 25 business days which included the McLeod Lake Indian Band, Mackevoy Geosciences Inc. and Jon Belhumeur.
The company is planning up to 16 short diamond drill holes from up to 8 drill sites. Drill target selection is ongoing, since the company has recently received preliminary data from its close spaced AeroTEM III-Radiometric-Mag survey and final processing of these data is under way. This, combined with ongoing detailed geological mapping and soil and rock sampling is generating several high potential drill targets. The airborne survey has confirmed the apparent continuity of lithology and depositional environment from the adjacent Spectrum Mining rare metals discovery.
CIN is earning a 75% interest in the property located in the emerging Wicheeda REE carbonatite camp from Commerce Resources Inc (CCE). This camp is located along the Rocky Mountain trench, a major continental geologic feature which is now recognized as the locus of numerous potentially economic, concentrations of rare metals. Much of this terrain has seen very little exploration incorporating current models and modern technology.
A technical paper presented at the Minerals South Conference and Trade Show in late 2009 by C. Graf, P. Eng., R. Lane, P. Geo., and M. Morrison B.Sc., outlined outstanding exploration results from Spectrum Mining Corporation's (SMC) contiguous Wicheeda property. Select drill hole intersections cited in the paper included 48.64 meters of 3.55% combined rare earth elements (REE), 144 meters of 2.2% combined REEs and 72 meters of 2.92% REEs. All intersection were collared in mineralization and assays were given in total elemental REEs which understates actual REE oxide content. No separate analyses were reported for heavy rare earth elements (HREE).
Mineral analysis on 2009 drill core by Dr. Anthony Mariano, a recognized authority on REEs, indicated that the primary REEs are contained in coarse grained monazite and a bastnesite- synchistite-parasite mineral. Dr Mariano also conducted a bench scale heavy liquid and magnetic separation study on a composite sample of Wicheeda drill core and was able to produce a high grade REE concentrate that contained 56.09 wt. % REE.
CIN and CCE`s Carbo claims directly adjoin SMC`s property with the 2008/09 drilling being within 700 meters of the common property boundary. Previous work conducted on the Carbo claims has identified REE bearing carbonatite/syenite outcrops as well as significant cerium bearing soil anomalies and rock samples (Lane 2009, Groat 2009, Guo 2009, Betamis 1987, 1988). These geological units have been confirmed in June/July of this year by Mackevoy Geoscience Inc. personnel under the supervision of Professor Lee Groat. Assays results from rock and soil sampling are pending.
The Carbo property consists of 7 claims totalling an area of 2,778.63 hectares and is accessible by all weather gravel roads. It is approximately 80km north east of Prince George, B.C.
Deadhorse Creek, Terrace Bay, Ontario
CIN has also signed a contract with Aeroquest Limited to fly a close spaced AeroTEM III-Radiometric-Mag survey over the Deadhorse Creek (DHC) property. The purpose of the survey is to develop larger potential REE bearing zones in areas of shallow overburden and younger volcanics. Survey is expected to begin before the end of August.
Previous work by Unocal at DHC focused on yttrium and zirconium with no systematic analyses for other REEs. Trenching revealed narrow widths, including one meter of 0.187% yttrium oxide (Y2O3) with 9.0% zirconium oxide (ZrO2) (Knox 1987). A property visit in October, 2009 yielded a one meter sample assaying 3.18% ZrO2 and 566 g/t hafnium (Hf) as well as another grab samplewith 2.96 % ZrO2 and 637 g/t Hf. (Arseneau 2009).
As an example of the increasing importance of Hafnium, Intel Corporation has begun commercial production of its Hafnium based high-K metal gate 45 nm chips, which has been called by Intel Co-Founder Gordon Moore "the biggest transistor advancement in 40 years". Though closely associated with zirconium, very little evaluation of hafnium exploration potential of mineral deposits has been conducted worldwide and this will be subject of detailed studies by CIN at DHC.
The DHC property consists of two non-contiguous claim blocks, the Dead Horse Creek block and the KM 23 block. The two claim blocks total 1,456 ha and are easily accessed via an all-weather dirt road that begins at Provincial Highway 17, the Trans-Canada Highway, about 43 km east of the town of Terrace Bay and 25 km west of the town of Marathon in Northern Ontario.
The Qualified Person who has reviewed the contents of this news release is Thomas Hasek, P. Eng.
The CNSX has not approved or disapproved the contents of this news release.
Michael E. Schuss
President and Chief Executive Officer
For further information:
CANADIAN INTERNATIONAL MINERALS INC.
Suite 950 - 789 West Pender Street
Vancouver, BC, V6C 1H2
Tel: 604-241-2254 Fax: 604-669-9335
[email protected]
www.cdnintlminerals.com
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