CHIBOUGAMAU, Quebec Work underway in the West zone of the Joe Mann mine has led owner CAMPBELL RESOURCES to announce development plans for the zone. Production from the new workings is expected in early 2004.
Since mid-September 2003, 172 feet of drift has been driven on the 2925 level in the gold structure. The average width of the exposed structure is 9.1 feet and it has yielded 1,300 tons grading an average of 0.342 opt Au. In the last 92 feet, the average width of the structure is 12.1 feet and grades an average of 0.564 opt Au. Based on information gathered from the drilling programs, the drift could be extended westwards a further 175 feet. The zone remains open to the west.
Earlier this year Campbell reported undiluted mineral resources for the West zone. The figures were for measured (67,800 tons at 0.465 opt), indicated (130,000 tons at 0.379 opt Au), and inferred (253,000 tons at 0.373 opt Au). All told, there may be about 212,000 ounces of gold in the zone.
More information about Campbell Resources is available through its investor relations firm, Renmark, at www.renmarkfinancial.com.