Posts Tagged Stina Resources

STINA ANNOUNCES ADDITIONAL DRILLING RESULTS FROM DIME PROPERTY EAST ANOMALAY

Stina Resources Ltd. has released results from three additional holes drilled on the East anomaly on its 100-per-cent-owned Dime property located 67 kilometres southwest of Dawson City in the South Klondike/White Gold district. DDH-11-09, DDH-11-11 and DDH-11-12 were drilled off the same pad located on trench 15, which returned a five-metre section of 1.049 grams per tonne gold from surface sampling. The holes were collared approximately 30 metres back of the anomalous trench sample. The East anomaly is 2.5 kilometres east of the West anomaly, and was located using auger soil sampling and trenching.

Drill and assay results indicate a northwest-southeast-trending zone of gold mineralization. As with the West anomaly, mineralization is associated with silicified zones and with quartz sulphide veins in a cupola zone at the top of a mafic-poor intrusion. Mineral zones contain elevated pyrite-arsenopyrite mineralization. Drill result highlights are listed in the attached table.

            From      To  Interval      Au 
              (m)     (m)       (m)    g/t

DDH-11-09  76.80   78.30      1.50   0.870
          128.60  130.10      1.50   1.959
DDH-11-11  26.70   28.20      1.50   0.823
           96.00   97.50      1.50   0.960
          117.60  118.90      1.30   1.176
DDH-11-12  19.50   20.30      0.80   1.343
          144.10  144.60      0.50   5.670

DDH-11-12 intersected a quartz sulphide vein at 144 metres that returned the 5.67 g/t Au result and numerous sections of lower grades of 0.1 g/t Au to 0.5 g/t Au. Additional results from the East anomaly will be released shortly.

A rigorous quality assurance/quality control protocol has been put in place. Acme Analytical Laboratories processed core samples at facilities in Dawson and Whitehorse, Yukon. A one-kilogram split is crushed to 80 per cent passing 10 mesh. A second 250-gram split is pulverized to 85 per cent passing 200 mesh. A 30-gram silver-inquart fire assay fusion by ICP-ES methods and a 31-element ICP analysis are completed in Vancouver. Each batch of 36 samples included standards, blanks and duplicates.

R. Allan Doherty, PGeo, is a qualified person as defined in National Instrument 43-101, and has reviewed and approved this news release.

Results for additional holes will be released shortly after the data are compiled.

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STINA ANNOUNCES RESULTS FROM FIRST 2011 DRILL HOLE – DDH-11-06

Stina Resources Ltd. has released results from DDH-11-06, on its 100-per-cent-owned Dime property located 67 kilometres southwest of Dawson City in the South Klondike/White Gold district. This hole was drilled from the same drill pad as DDH-10-03 and DDH-10-04 in 2010 on the West anomaly, but at a steeper angle. The drill hole confirmed the presence of a steeply south-dipping east-west-trending structure with strong silicification, brecciation and pyrite-arsenopyrite sulphide mineralization. DDH-11-06 was drilled at an azimuth of 20 degrees and an angle of minus 80 degrees dip. The hole was drilled to a 245-metre (804 feet) depth.

Assay results are encouraging and confirm that the structure, silicification and brecciation are hosts to gold-bearing pyrite-arsenopyrite mineralization.

From            To     Interval      Au
(m)            (m)          (m)   (g/t)

7.5           66.0         58.5    0.31
includes
23.65        25.10         1.45    8.32
69.25        73.75         4.50    0.36
79.50        106.3         26.8    0.37
157.75      166.88         9.13    0.20
173.9       185.93        12.03    0.90
or
173.9        213.0        39.10    0.40
includes
173.90      175.50          1.6    5.37

A rigorous quality assurance/control protocol has been put in place. Core samples were processed by Acme Analytical Laboratories at facilities in Dawson and Whitehorse, Yukon. A one-kilogram split is crushed to 80 per cent passing 10 mesh. A second 250-gram split is pulverized to 85 per cent passing 200 mesh. A 30-gram-silver in-quart fire-assay fusion by ICP-ES methods and a 31-element ICP analysis are completed in Vancouver. Each batch of 36 sample included standards, blanks and duplicates.

R. Allan Doherty, PGeo, is a qualified person as defined in National Instrument 43-101 and has reviewed and approved this news release.

Results for additional 2011 holes will be released shortly after the data are compiled in the near future.

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STINA ANNOUNCES COMPLETION OF 2011 EXPLORATION DIME PROGRAM

Stina Resources announces that it has completed a 14-hole 2,574 meters drill program on its 100% owned Dime property located 67 km southwest of Dawson City in the South Klondike/White Gold district. Drilling commenced on August 10 and was completed on September 18. All core has been logged and sampled, and results are pending for 1,750 core samples as well as 220 QA/QC samples including standards, blanks and duplicates.

Other work completed during the 2011 season included an airborne magnetometer and Radiometric survey over the entire Dime and the Kodiak Property claim blocks. 854 additional Auger soil samples were collected, mostly over the Western Anomaly as infill sampling. A 1500 meter trenching program was also completed on the Western Anomaly.

Trench samples consist of a representative 5-meter continuous chip sample of bedrock and colluviums, weighing on average 6 lb per sample. This method has proven to be very effective in identifying areas for additional surface work or drilling in the South Klondike/White Gold District. Prior to receipt of the 5-meter trench sample results collected by Stina, independent Qualified Person Jean Pautler, P.Geo conducted independent grab samples from the same trenches and reproduced anomalous gold values within anomalies identified from the 5 meter continuous bulk chip samples collected by Stina crews earlier in the season.

The 2011 drill program was designed to test anomalous areas identified by soil and trench sampling on the Western Anomaly, and to follow up on successful drill results from 2010 on both the Eastern and Western anomalies (See News Release Aug 23, 2011).

Western Anomaly

Holes DDH-11-6 to 8 were collared to follow up on drill results from 2010. DDH-10-03 in 2010 returned 4.15 gm/t Au over 1.5 m from 58.5 m and DDH-10-04 in returned 0.71 gm/t Au over 32 m from 50.9 m including 1.1 gm/t Au over 9.6 m from 59.90 m. Holes DDH-11-6 to 8 intersected the same lithologic units as holes DDH-10-03 & 10-04, including silicified and pyritized vein breccias and strongly silicified and pyrite and arsenopyrite bearing silicified zones and granitic dykes and confirmed a steep south dipping east-west structure on the Western Anomaly.

Eastern Anomaly

Drilling on the Eastern anomaly consisted of 2,014 meters in 11 core holes drilled primarily based on trench anomalies. A complex cupola zone of granite intruding and brecciating metasedimentary rocks underlies the Eastern Anomaly. Core was strongly silicified, brecciated and hosted disseminated pyrite and arsenopyrite over significant widths. All core has been processed and results are pending.

A rigorous QA/QC protocol has been followed in 2011. Samples are shipped from the property to Acme Analytical Laboratories prep lab in Dawson City, Yukon. A 1 kg split is crushed to 80% passing 10 mesh. A second 250 g split is pulverized to 85% passing 200 mesh. A 30 gm /Ag inquart fire assay fusion by ICP-ES methods and a 31 element ICP analyses are completed in Vancouver. Sample batches include Certified Standards, blanks, and duplicates in each sample batch.

The Company is very pleased with the progress made during the 2011 exploration season. Despite weather and logistical challenges encumbering the entire Yukon in 2011, the Stina field staff conducted a very diligent, and successful work program. The Company drilled within its target range over both established 2010 targets and newly established 2011 targets on the Dime property in addition to soil sampling, trenching and air magnetic surveying, while maintaining its exploration budget.

The Board of Directors extends a sincere thank you to VP of Exploration, Mr. Al Doherty for his high level of standards, work ethic and professionalism over the 2011 work season, in addition to the entire field staff and consulting geologists Jean Pautler and Jo van Randen.

The Company expects to receive drilling assays over the next several weeks and will release results as they become available and have been evaluated.

I personally wish to thank shareholders for their continued support through a challenging financial period, and wish to reiterate the Company’s commitment to continued development of its assets, and future exploration. I expect 2012 to be an even bigger year for Stina.

R. Allan Doherty, P.Geo is a qualified person as defined in National Instrument 43-101 and has reviewed and approved this news release. Mr. Doherty also managed the 2011 Dime exploration program onsite.

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STINA ANNOUNCES DIME EXPLORATION UPDATE AND TRENCH RESULTS

Stina Resources Ltd. has provided an update on the continuing 2011 exploration work on its Dime property in the South Klondike/White Gold district.

Drilling update

Drilling is under way and holes DDH-11-6 through DDH-11-08 have been completed for a total of 560 metres drilled to date. These holes intersected the same lithology as holes DDH-10-03 and 10-04, including silicified and pyritized vein breccias and strongly silicified and pyrite- and arsenopyrite-bearing silicified zones. Drill core is now being processed.

Trenching results

Results from trench sampling completed in July (313 five-metre-long continuous trench samples) were collected from 13 trenches over 1,565 metres total length and 35 additional samples were collected from 35-by-one-metre-deep pits. Samples consist of a representative sample of bedrock and colluviums weighing, on average, six pounds per sample. This has proven to be a very effective method of identifying areas for additional surface work or drilling in the South Klondike/White Gold district.

 

                      TRENCHING RESULTS

Trench No.            Sample       Au        Pb        Cu
and interval       length (m)    (ppb)     (ppm)     (ppm)

Tr-15, 5-80 m             75       46
Tr-15, 95-200 m            5      955
Tr-15, 280-285             5    1,050
Tr-17 pit No. 2                   508
Tr-10, 65-70 m             5      250
Tr-10, 75-80 m             5      536
Tr 10, 100-120 m          20      912
Tr-10, 100-105 m           5    1,454
Tr-10, 105-110 m           5      200
Tr-10, 110-115 m           5      323
Tr-10, 115-120 m           5    1,672     2,966      432
Tr-26, 130-135 m           5    1,035

 

Trenches 10 and 15 are located on the east anomaly and trench 26 is on the central anomaly.

Air magnetic survey results

Final airborne magnetic and total count radiometric survey data have been received from Precision GeoSurveys Inc. The total field magnetic data clearly show two parallel and very strong linear seven-kilometre-long northwest-southeast-trending magnetic low anomalies that are both offset a distance of one kilometre along a left lateral zone trending 70 degrees. Stina is still waiting to receive uranium, potassium and thorium maps from Precision. Total count radiometric has been provided, and those data also reflect the prominent northwest-southeast structures obvious in the magnetic data. Once the final data for uranium, potassium and thorium are received, Stina will report it in a subsequent news release.

This northwest-southeast structural trend, along with second and third order east-west and northeast-southwest trends, is important in the South Klondike/White Gold district. All major soil anomalies in this region are located proximal to the 70-degree offset of the northwest-southeast-trending magnetic low.

The west, central and eastern soil anomalies are all located adjacent to the left lateral offset, are within magnetic highs adjacent to the left lateral offset and are part of a 4.5-kilometre soil system identified in 2010.

The initial drill holes DDH-11-06 to DDH-11-06-08 were collared on the western anomaly at the site where DDH-10-03 and DDH-10-04 were collared in 2010. DDH-11-06 was a steeper cut on the zone located in 2010 that returned the following results last season.

 

Drill hole  From (m)    To (m)  Interval (m)     Grade  (g/t Au)

DDH-10-03      58.5     60.00           1.5                4.15 
DDH-10-04     59.90     92.00          32.0                0.71 
Including     59.50     69.50           9.6                1.10

 

Additional drill holes will be based on results of the 2011 trench sampling, soil sampling, and airborne magnetic and radiometric survey data. Initial drill results expected in September. The company expects to drill 15 to 20 core holes on Dime in 2011.

James Corrigan, president of the company, commented on this year’s exploration program: “Mr. Doherty is a consummate professional and has done a tremendous job managing our Yukon Dime project, despite weather and inherent logistical challenges of the region. Mr. Doherty has done a commendable job of bringing in highly experienced people and staying within a tight work schedule and budget throughout the 2011 season, and we are very pleased to see Stina functioning efficiently on all levels of management. We look forward in anticipation to furthering our 2011 Yukon exploration program by staying within noted prospector Shawn Ryan’s unique and successful exploration method of soil sampling, trenching, magnetic survey evaluation and drilling in an orderly manner, which has a proven track record on other Shawn Ryan properties.”

Al Doherty of Whitehorse, Yukon, is a designated qualified person acting for the company and assisted in the preparation of this news release.

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Stina to start drilling on Dime property next week, Yukon

Diamond drilling on Stina Resources Ltd.’s Dime gold property in the Yukon Ten Mile Creek region is expected to start next week. Kluane Drilling has been contracted for the drilling.

The company will issue an exploration update news release next week with further information.

Al Doherty, PGeo, of Whitehorse, Yukon Territory, is a qualified person for the company and assisted in the preparation of this news release.

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STINA CONFIRMS SIGNIFICANT NEW DISCOVERY IN WHITE GOLD DISTRICT

Stina Resources Ltd. has received and compiled analytical results from the 2010 soil sampling, trenching and diamond drilling programs. The core diamond drill program was conducted in September, 2010, and included five core drill holes totalling 657 metres on the Dime gold property, confirming it as a very significant new gold discovery in the White gold district, north of the Kinross (Underworld) Golden Saddle and Kaminak Coffee properties.

Drilling highlights include DDH-10-04 which returned 32 metres of 0.71 grams per tonne Au from 59.90 to 92.00 metres, including 9.6 m of 1.1 gm/t Au between 59.90 to 69.50 metres. Additionally, DDH-10-03 intersected 1.5 m of 4.15 gm/t Au from 58.5 to 60.0 m depth.

Holes DDH-10-03 and 04 were collared over trench 04, which returned 0.168 gm/t Au over 30 metres from continuous five m trench samples in August.

Grid auger soil sampling on 50 m by 100 m line spacing outlined significant gold-in-soil anomalies on the West, Central and East soil anomalies. Follow-up trenching (1,125 m in nine trenches) confirmed the soil results from anomalies with better results. Infill soil sampling on 25 m by 50 m grid spacing on the East anomaly confirmed prior results and identified additional areas for further trenching and drilling. These results were received while the drilling program was under way and have not yet been followed up on.

In September the five-hole 625 m drill program from three separate drill pads was completed, with four holes drilled on the Western gold soil anomaly and one hole on the new large 1.2-kilometre by 1.2-kilometre East gold soil anomaly located 2.5 km to the east. All holes intersected significantly anomalous gold. Core samples were collected over 1.5 m intervals and were processed and analyzed by Acme Analytical Labs.

Drill hole locations can be viewed at www.stinaresources.com/drillmap2010.jpg

Drill holes DDH-10-01 to DDH10-04 were drilled from two drill pads 185 metres apart on the West anomaly and intersected a brecciated and silicified east-west-trending fault zone with up to 5 per cent pyrite. The fault breccias display multiple episodes of quartz veining and brecciation and have now been traced for over 185 metres between holes DDH-10-01 and DDH-10-04.

DDH-10-03 and DDH-10-04 was collared over trench 4, and were both drilled at azimuth 20 degrees at 50 degrees and 75 degrees declinations respectively. DDH-10-03 intersected 1.5 m of 4.15 gm/t Au from 58.5 to 60.0 m depth. DDH-10-04 intersected 32 m of 0.71 gm/t Au including 9.6 m of 1.1 gm/t Au between 59.90 and 69.50 m depth.

A late infill detail soil sampling program over the Central and East (600 soils) soil anomaly (with values up to 885 parts per billion Au, 5,246 ppb As) was completed after the phase 2 trenching program. The infill soil sampling program will help the company to vector into the newly outlined gold zones during the 2011 trenching and drilling program.

The Dime gold property is a significant new discovery in the White gold district that warrants further exploration work. Stina is pleased with the results of the 2010 Dime exploration program, and will be planning an airborne magnetic and radiometric survey over the 308-claim block, along with additional trenching and core drilling in 2011. Stina considers these initial core drilling results as the start of a major exploration program on the property, and which will be key in establishing 2011 drill targets. Further details regarding the 2011 Dime and Kodiak programs will be announced in the near future.

 

                2010 DIME GOLD PROPERTY DRILLING RESULTS

                    From          To   Interval (m)   Grade (gm/t Au)

DDH-10-01           2.50       42.50        40.0 m      0.28 gm/t Au
Includes           17.00       18.50         1.5 m      1.35 gm/t Au
and                17.00       41.00        24.0 m      0.33 gm/t Au
DDH-10-01          51.50       64.00        13.0 m      0.25 gm/t Au
DDH-10-02          23.00       40.50        17.5 m     0.150 gm/t Au
DDH10-03           58.50       73.30        14.8 m     0.568 gm/t Au
Includes           58.50       60.00         1.5 m      4.15 gm/t Au
DDH-10-04          59.90       92.00        32.0 m      0.71 gm/t Au
Includes           59.90       69.50         9.6 m       1.1 gm/t Au
DDH-10-05           6.10       28.50        22.0 m     0.164 gm/t Au
Includes           21.75       22.50        0.75 m     0.726 gm/t Au

 

There has been insufficient exploration to define a mineral resource on the Dime property, and it is uncertain as to whether, or not, further exploration will result in the discovery of a mineral resource on the property. Al Doherty of Whitehorse, Yukon, is a designated qualified person acting for the company and assisted in the preparation of this news release.

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STINA COMPLETES CORE DRILL PROGRAM ON DIME PROPERTY

Stina Resources Ltd reports that exploration drilling on the Dime property located in the White Gold District has been completed The drill program was conducted from September 8 to September 16, 2010, and included five core drill holes totaling 657 meters from three separate drill pads.

Two pads were located on the Western anomaly to test coincident soil and trench sample anomalies. Drill holes DDH-10-01 and DDH10-02 were located over anomalous zones defined through soil and trench sampling.

Holes DDH-10-03 and DDH-10-04 were drilled approximately 185 meters to the east of the first two holes again targeting anomalous soil and trench samples. All holes on the western anomaly intersected a strongly silicified and brecciated quartz serecite schist zone containing up to 3% disseminated pyrite. The silicified and brecciated zone is up to 20 meters in width and is steeply south dipping.

One hole DDH-10-05 was collared on the Eastern Anomaly 2.5 km east of the Western anomaly and intersected strongly clay and serecite altered granite porphyry with rafts of silicified meta-sedimentary rocks.

Core samples were collected over 1.5 meter intervals and are being processed and analyzed by Acme Analytical Laboratories Ltd. Results are expected in approximately three to four weeks and will be reported when they are received.

Drill hole locations can be viewed at www.stinaresources.com/drillmap2010.jpg

On the Kodiak property located directly south of the Underworld (Kinross) Golden Saddle Zone, and directly north of the Kaminak Coffee Gold Property, soil sampling and trenching have been completed and results are pending.

There has been insufficient exploration to define a Mineral Resource on the Dime Property, and it is uncertain as to whether, or not, further exploration will result in the discovery of a Mineral Resource on the property. Al Doherty of Dawson, YT. is a designated Qualified Person acting for the Company and assisted in the preparation of this news release.

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STINA REPORTS ON TRENCH RESULTS, OUTLINES DIAMOND DRILL TARGETS FOR DIME

Stina Resources Ltd.’s sample analytical data from grid soil and trench samples (2,600 soil samples and 247 bulk rock samples) on the Dime property, located in the Yukon, confirm that soil anomalies are underlain by bedrock rubble-crop that reproduces the anomalies at better grades. Three gold-soil anomalies (Western, Central and Eastern) are apparent. The Western and Eastern anomalies were trenched, and rock sample results confirm the soil results. The Central anomaly has yet to be followed up on.

West anomaly

Trenches 2 to 4 defining an east-trending 200-metre soil and bulk-rock trench sample anomaly, previously reported (see Stockwatch news release dated Aug. 11, 2010), showed a 30-metre zone of silicified metasedimentary rocks returning 0.168 gram per tonne gold between five and 35 metres.

Trench 3 located 100 metres east of trench 2 returned samples of 232 and 288 parts per billion gold over two consecutive five-metre sample intervals.
Trench 4 located 100 metres east of TR-3 returned 0.264 gram per tonne Au over 15 metres between five and 20 metres.

East anomaly

East anomaly (located 2.5 kilometres east of the West anomaly) trench samples have highlighted an area of anomalous gold that returned up to 1,490 ppb Au over a five-metre interval from 65 to 70 metres as well as a number of other samples in the range of 100 to 200 parts per billion. From 65 to 115 metres, the trench assays have returned 0.205 gm/t Au over 50 metres.

Core drilling

Crews are currently on site preparing drill pads on both the West and East anomalies, for a planned drill program to further explore these anomalies. A total of six diamond drill holes have been planned for a total of 750 metres on these two anomalies.

Three to four holes will be drilled on the West anomaly over trenches 2 and 4. These trenches produced anomalous gold and are approximately 200 metres north of a 6,082-part-per-billion gold-in-soil anomaly. The drill will then be mobilized to the East anomaly to complete two additional holes over trench 7 which returned an assay of 1,490 ppb Au over five metres. In this zone, anomalous areas are underlain by strongly oxidized metasedimentary rocks with abundant iron oxide, manganese staining and oxidized pyrite.

Kluane Driling Co. of Whitehorse, Yukon, has been contracted to perform the diamond drilling on this project. Drilling is expected to start next week on the property.

The company expects to release a map showing all of the Dime trenches and proposed drill pads early next week.

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Stina Resources has Started Exploration on the Dime Property

Stina Resources Ltd. has started its exploration program on the Dime property, located in the Dawson mining district, Yukon. The company has contracted Ground Truth Exploration Inc. from Dawson city, Yukon, to conduct approximately 2,600 soil samples on the property, establishing a grid over the former Teck Ten grid target, as well as to the northeast, covering approximately two-thirds of the property in total. Samples will be processed by ACME Laboratories in Whitehorse, Yukon, and assays completed at its facilities in Vancouver, with results announced as soon as available.

Exploration trenching on the property will also be conducted concurrently, lasting approximately 20 days, followed by electromagnetic surveying where necessary. Stina plans to drill on the former Teck target, as well as other indicated targets on the Dime property, in August, 2010, and has signed a contract with Kluane Drilling Ltd. of Whitehorse. The budget for the Dime property is approximately $600,000.

In the fall of 2009 a smaller 191-soil sample program was conducted, collected on a grid covering about 37 hectares on the Dime property. The gold values in the survey reached as high as 6,082 parts per billion, or six parts per million with a trend on the bottom claims of the property.

Exploration on the Kodiak property, approximately 75 kilometres to the south of Dime, will also be initiated early next week, with news forthcoming, and will also include soil grid sampling and trenching.

The Kodiak property lies directly south of Underworld’s (recently acquired by Kinross) White Gold property and directly to the north of Kaminak’s Kirkman and Coffee properties.

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Stina Completes Work Program, Awaiting Results

Stina Resources  is pleased to announce that it has completed a work program on the Kodiak property in the Dawson Mining District of the Yukon Territory. The Kodiak property claim block consists of 152 claims covering 30 square kilometres or 6400 acres and ties on to the southern side of Underworld White Gold Property. The Kodiak claim block also straddles Thistle creek which was the richest placer gold-producing creek in the area given up more than 63,000 ounces of placer gold since the turn of the century.

The recently completed work program consisted of 1,800 soil samples collected from the upland areas surrounding the silt anomalies.

of Ryanwood Exploration Inc (REI) was the vendor for the Kodiak property as well as for Underworld’s White Property and re-evaluated the Geological Survey of Canada database for similar positive indicators for white-style mineralization on the Kodiak property. The GSC silt survey of the Thistle area identified anomalous gold and arsenic levels in silt samples collected from streams that drain Kodiak Property. The presence of elevated gold and arsenic values suggests potential for mineralization similar to that identified by Underworld Resources.

Considering that Underworld and other junior mining companies operating in the White District have had considerable success using soil geochemical surveys to pinpoint areas of gold mineralization management is optimistic the initial program will identify targets that warrant follow up work. In the event that targets are defined, the Kodiak Property could easily be fast tracked because there is an access road and airstrip along Thistle Creek.

The Company entered into an option agreement with Ryanwood Exploration Inc. (“REI”) for a 100% interest in the Kodiak property on July 8, 2009.

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