VANCOUVER, Feb. 16 /PRNewswire-FirstCall/ -- Dorex Minerals Inc. is pleased to announce that it has SEDAR filed National Instrument 43-101 Geological Report, pertaining to the optioning for 100% interest of the 2400 hectare Carmelita property, located in Chile, South America, near the town of Trapiche, about 55 kilometers northeast of the city of La Serena. This report was prepared by Senior Professional Geologist, Stephen Kenwood.
Over the last 15 years, portions of the Chilean Iron Belt have received more intensive exploration attention due to significant IOCG discoveries at Candelaria and Manto Verde, both of which are located several hundred kilometers north of the Carmelita property. It has been suggested that these and other copper and copper-gold deposits in the Chilean Iron Belt are associated with structures along the Atacama Fault Zone, a north-northeast trending regional structure that stretches for over 1,000 kilometers west of the Carmelita property.
The first modern exploration of the Carmelita property occurred in 1990 and 1991 when Minera Andale Ltda. conducted reconnaissance exploration on the property. Highlights from this reconnaissance program to the North of the Zoral mine was an 80 meter long continuous chip sample taken at the Elvira outcrop that averaged 0.80% copper and several chip samples taken at the Quebrada de las Machas area to the south, highlights from the latter being 0.30% copper and 40 parts per billion gold over a 100 meter outcrop and 1.28% copper and 450 parts per billion over a 60 meter outcrop. Another area, Quebrada de Los Palos, was noted for its abundant copper oxide mineralization in abandoned pits, but was not sampled at that time.
In 1992, ENAMI, the national mining company of Chile, conducted sampling at the Zoral mine itself with the goal being to re-open the old mine for feed to one of its local facilities. A total of 40 channel samples from the workings and from the nearby outcrop were taken during this sampling program. Highlights of this sampling are as follows:
1992 Zoral Sampling, ENAMI
Sample Cu (%) Au (g/t) Ag (g/t) Comment
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Z2 1.43 0.2 7.5 Outcrop
Z3 1.58 0.3 3.8 Outcrop
Z5 0.83 0.1 1.6 Mine Working
Z6 1.14 0.8 5.2 Outcrop
Z8 1.26 0.3 3.9 Mine Working
Z17 1.96 0 0 Mine Working
Z28 2.32 0.2 29 Outcrop
Z29 2.41 0.5 11 Combined
Z30 2.17 0.8 7.3 Combined
Z31 1.98 0.7 2.9 Combined
Z34 1.53 0.3 3.1 Outcrop
Z35 4.59 1 1 Mine Working
Z37 1.91 0.9 3.6 Outcrop
Z38 1.38 0.8 4.4 Outcrop
Z39 2.14 0.8 4.3 Mine Working
Z40 1.57 0.7 3.9 Outcrop
From B. Torrealba, - Informe de Muestro de la Mina Zorzal
Following this program, no further work was done by ENAMI, and no further exploration has occurred since that time.
During the authors' field examination of the Carmelita property, a total of three samples were taken from clean outcroppings and bagged on site. Two of the samples were from one surface showing and the third sample was taken from an old near-surface working (pit) that exposed mineralization up to 10 meters below the surface in that locality.
Highlights from this sampling are as follows:
Verification Sample Descriptions
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Sample # Type Description Cu (%) Au (ppb)
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Car-06-01 Outcrop - 5 meter Altered andesitic 3.66 250.3
cont. chip porphyry, copper
oxide
mineralization
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Car-06-02 Outcrop - 5 meter Altered andesitic 2.43 247.4
cont. chip porphyry, copper
oxide
mineralization
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Car-06-03 Pit Samples - 2 Altered andesitic 3.06 785
meter cont. chip porphyry, copper
oxide
mineralization
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Analysis of the samples was performed from a pulverized split taken from the crushed product of the entire sample submitted. ICP analysis was preformed by Acme Analytical Laboratories Ltd. at their Vancouver, BC lab.
Dorex Minerals Inc. is mobilizing a field crew and is currently preparing an access road by way of bulldozer to the Carmelita property.
ON BEHALF OF THE BOARD
DOREX MINERALS INC.
Peter Walton
President
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CONTACT: Dorex Minerals Inc., Suite 300, 905 West Pender Street, Vancouver, BC, V6C 1L6, Telephone: (604) 688-1160, Telephone: (604) 633-9992, Fax: (604) 677-2315