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Dia Bras Exploration Inc. (DIB-V) (Dia Bras or the "Company")announced today the results for the first six months of operation from its pilot-mining program at the Bolivar property.
From February 1, 2005 to July 31, 2005, the Bolivar property produced 27,989 tonnes of Copper-Zinc development ore.
Production took place on two levels only, Levels One and Six, and consisted mainly of the cleaning of old stopes and of development mining to access the new high grade zones discovered by drilling. See following results. It is expected that development will reach high grade zones in August and September.
Level 1
|
Width |
Au |
Ag |
Cu |
Zn |
DIA-045-04 * |
1.00 |
0.10 |
10.00 |
0.47 |
10.95 |
5.00 |
0.08 |
55.00 |
6.31 |
37.23 |
|
DIA-052-04 * |
4.17 |
0.46 |
228.08 |
6.68 |
19.19 |
8.00 |
- |
41.95 |
5.36 |
3.29 |
|
3.00 |
- |
38.20 |
1.62 |
7.72 |
|
DIA-054-04 * |
13.00 |
- |
34.65 |
3.49 |
8.60 |
2.00 |
0.88 |
181.55 |
4.02 |
12.93 |
|
0.95 |
- |
157.00 |
0.36 |
4.95 |
|
1.00 |
1.055 |
126.00 |
0.67 |
0.40 |
|
DIA-087-04 * |
7.00 |
− |
70.45 |
4.67 |
28.52 |
DIA-071-04 * |
2.00 |
0.153 |
55.35 |
8.32 |
3.06 |
2.00 |
0.043 |
19.40 |
3.70 |
21.25 |
|
1.00 |
0.431 |
231.00 |
3.41 |
8.50 |
|
3.00 |
0.070 |
28.03 |
4.32 |
18.8 |
|
1.00 |
0.866 |
245.00 |
3.22 |
10.35 |
|
3.00 |
0.447 |
84.80 |
2.40 |
18.10 |
|
DIA-089-04 |
4.00 |
0.0625 |
79.675 |
1.31 |
10.467 |
DIA-091-04 * |
2.00 |
0.044 |
34.45 |
2.68 |
4.58 |
2.00 |
0.029 |
20.65 |
2.28 |
7.05 |
|
4.00 |
0.048 |
45.325 |
4.88 |
12.242 |
|
4.00 |
0.163 |
104.90 |
3.102 |
10.27 |
|
DIA 102-04 |
2.00 |
0.345 |
57.80 |
1.060 |
12.70 |
1.45 |
- |
9.60 |
0.60 |
21.00 |
|
2.75 |
0.90 |
115.00 |
1.64 |
19.1 |
|
Thickness |
Au |
Ag |
Cu |
Zn |
DIA-046-04 * |
1.20 |
0.165 |
65.80 |
8.07 |
38.15 |
DIA-055-04 * |
5.00 |
- |
17.42 |
2.04 |
13.54 |
3.00 |
- |
104.60 |
5.28 |
7.75 |
|
DIA-094-04 |
2.00 |
- |
231.50 |
4.11 |
22.30 |
DIA-101-04 |
1.00 |
- |
28.50 |
1.93 |
23.40 |
The Company projects, starting in August, 7,500 tonnes per month of ore grading a minimum of 2% Cu and 9% Zn. At the same time, the Company will carry out aggressive exploration programs to expand high grade resources and test skarn-hosted polymetallic targets elsewhere on the property.
The Company is in the process of changing its financial year end to December 31, to facilitate coordination of accounting and reporting activities with its Mexican subsidiaries which have statutory December year ends.
About Dia Bras
Dia Bras is a Canadian mining exploration company focused on precious and base metals in the State of Chihuahua, Mexico. The Company will continue exploration and the active development of its two key projects – Bolivar and Promontorio – located in the Sierra Madre precious metal belt. The Company is traded on TSX Venture Exchange, under the symbol “DIB”.
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For further information contact:
Réjean Gosselin
President
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.