Erin Ventures Inc (C-EV) - News Release
Erin receives drill recommendation for Belize project
2009-05-27
Mr. Blake Fallis reports
DRILLING PROGRAM RECOMMENDED ON BELIZE GOLD PROJECT
A drilling program has been recommended on Erin Ventures Inc.'s Ceibo Chico
gold property in Belize. An initial program of 550 to 600 metres and six
holes is proposed by an experienced exploration geologist, consulting to
Erin.
The selection of these drill sites is based on the results of a field
program, the re-evaluation of original exploration data of BHP and Castle
Exploration, the prior exploration results of Erin, and new geologic
mapping.
Mapping was completed of roads, streams and historic trenches. Quartz veins
that had a good chance of being mineralized were delineated based on old
sample values, panned gold, or association with high soil values in a
contiguous soil sample or in a channel trench sample that included the vein.
A dozer was used to clear off and re-examine certain stretches of the old
road in the target area. The new data were used to reinterpret prior
exploration data to plan an initial trenching and drilling program based on
better understanding of the orientation of mineralized zones.
New structural interpretations indicate a north-northeast-trending corridor
of mineralization that connects the primary target areas. An abundance of
east-northeast steeply dipping veins throughout this area suggest a right
lateral strike slip fault with en-echelon east-northeast openings. This
mineralized corridor extends for 2,400 metres by 600 metres in width based
on available soil data.
This corridor intersects east-west and east-southeast trends that parallel
bedding and foliation. The best mineralization seems to correspond to
changes in dip in the beds, particularly near the contacts of contrasting
lithologies where the dips change from gentle to steep. These are
anticlines, promoting fracturing and opening favourable for gold-bearing
fluids. There are two major areas that correspond to the two known trends of
mineralization.
Two of the sites chosen (four drill holes) will test an open zone that seems
to exist due to folding, where more fluids may have passed, and an apparent
mineralized structure. The third site (two drill holes) will test the
southern open zone at depth. Prior holes by Castle Exploration were from
this sector and had some of the better mineralization intervals (as reported
by Erin in Stockwatch Sept. 10, 2008). This initial drill program may be
expanded beyond the planned six holes, based on trench results and other
factors.
Timing of the drill program will be dependent on: completion of a trenching
program, using equipment on site, to better test prior trench and soil
samples with new trench orientations; the construction of drill pads and
other predrilling preparations; weather; availability of drilling equipment
that must be imported into Belize; and the availability of required
financing.
The technical information in this release was prepared and approved by
Dennis LaPoint, registered geologist in the state of North Carolina, a
director of the corporation, who is a qualified person under National
Instrument 43-101.
Cautionary Note:
There can be no assurance given that any legal or other action currently
being pursued by Erin regarding this matter will be successful.
The technical information in this release was prepared by James E Wallis,
M.Sc. (Eng), P. Eng., a consultant to Erin, who is a Qualified Person under
National Instrument 43-101.
