BASE METALS: Virginia cuts best-ever grades at Lens 257

QUEBEC – Virginia Mines of Quebec City reports the best intersections to date from lens 257 at its Coulon zinc-copper-silver project extension near the Fontanges airport in the James Bay region.

The company noted that the best results were obtained in the north extension of the main horizon with grades of 7.15% Zn, 2.39% Cu and 38.77 g/t Ag over 24.35 metres in hole CN-13-271, including 9.48% Zn, 3.11% Cu and 46.16 g/t Ag over 15.7 metres, and 14.65% Zn, 2.04% Cu and 35.83 g/t Ag over 7.35 metres in hole CN-13-273. Hole CN-13-271 also crosscut a galena-rich zone of 2.7 metres grading 1.05% Cu, 6.62% Pb, 1,145 g/t Ag and 1.54 g/t Au.

Virginia says the results confirm the continuity of the lens over a strike of 350 metres at a depth of between 550 and 800 metres. Lens 257 is located on the west side of a complex fold, the east opposite side of which presents an identical geology already containing three important lenses totalling over 12 million tonnes.

More information about the Coulon base metal project is available at MinesVirginia.com.