G-khan
09-08-2003, 10:21 AM
NEWS RELEASE TRANSMITTED BY CCNMatthews (http://www.ccnmatthews.com/)
http://www2.cdn-news.com/images/logos/stjude.jpg (http://www.stjudegold.com/)
FOR: ST. JUDE RESOURCES LTD.
TSX VENTURE SYMBOL: SJD
SEPTEMBER 8, 2003 - 09:00 ET
St Jude Intersects 26 Meters of 5.40 g/t Gold at Benso;
Exploration Continutes
VANCOUVER, BRITISH COLUMBIA--St. Jude Resources Ltd. (SJD - TSX
Venture) is pleased to announce new results from drilling at the Subriso Deposits within the Benso concession, Ghana. Highlights include hole SJB-176 that ran 5.40 g/t Au over 26 meters at the West Deposit, as well as SJB-165 which ran 3.44 g/t Au over 23 meters on the L Zone. SJB-176 is north of previously announced hole SJB-14 that ran 7.48 g/t Au over 32 meters, as well as SJB-12 that ran 7.16 g/t Au over 36 meters. The table below sets out the significant drill results received from ongoing
exploration:
/T/
---------------------------------------------------------------------
Coordinates
Hole # Dip Azimuth ------------- From Interval Grade Zone
Degree North East - To Width g/t
(-) (m) (m) (m) (m) Au
---------------------------------------------------------------------
SJB - 159 -45 90 476 -1663 15 - 16 1 2.24 G
---------------------------------------------------------------------
41 - 44 3 1.10 G
---------------------------------------------------------------------
46 - 47 1 1.93 G
---------------------------------------------------------------------
58 - 61 3 0.91 G
---------------------------------------------------------------------
63 - 68 5 1.60 G
---------------------------------------------------------------------
SJB - 160 -45 40 1574 98 37 - 42 5 2.64 E
---------------------------------------------------------------------
47 - 48 1 1.38 E
---------------------------------------------------------------------
53 - 54 1 1.89 E
---------------------------------------------------------------------
59 - 61 2 1.23 E
---------------------------------------------------------------------
65 - 66 1 1.33 E
---------------------------------------------------------------------
37 - 66 29 1.08 E
---------------------------------------------------------------------
SJB - 161 -45 90 475 -1638 15 - 18 3 1.21 G
---------------------------------------------------------------------
25 - 26 1 1.42 G
---------------------------------------------------------------------
30 - 31 1 2.52 G
---------------------------------------------------------------------
42 - 55 13 2.59 G
---------------------------------------------------------------------
SJB - 164 -45 90 -440 -1748 20 - 51 1 1.53 I
---------------------------------------------------------------------
20 - 51 31 2.70 I
---------------------------------------------------------------------
SJB - 165 -45 40 -207 -2302 28 - 51 23 3.44 L
---------------------------------------------------------------------
SJB - 166 -45 40 -219 -2249 49 - 50 1 0.94 L
---------------------------------------------------------------------
SJB - 167 -45 270 -475 -1690 7 - 11 4 4.29 I
---------------------------------------------------------------------
SJB - 168 -45 270 -531 -1704 29 - 33 4 2.13 I
---------------------------------------------------------------------
SJB - 169 -45 90 43 -1993 2 - 12 10 1.37 L
---------------------------------------------------------------------
32 - 33 1 2.20 L
---------------------------------------------------------------------
50 - 55 5 2.02 L
---------------------------------------------------------------------
SJB - 170 -45 90 -482 -1700 53 - 55 2 3.72 I
---------------------------------------------------------------------
SJB - 171 -45 90 651 -1779 0 - 2 2 1.10 G
---------------------------------------------------------------------
SJB - 172 -45 220 562 -1342 98 - 105 7 1.76 N
---------------------------------------------------------------------
SJB - 174 -45 90 95 -2015 50 - 51 1 11.97 L
---------------------------------------------------------------------
SJB - 176 -45 40 804 -1163 114 - 115 1 1.04 SW
---------------------------------------------------------------------
-45 40 0 - 3 3 6.00 SW
---------------------------------------------------------------------
SJB - 177 -45 40 775 -1160 11 - 37 26 5.40 SW
---------------------------------------------------------------------
0 - 27 27 3.55 SW
---------------------------------------------------------------------
8 - 11 3 11.07 SW
---------------------------------------------------------------------
0 - 38 38 2.77 SW
---------------------------------------------------------------------
/T/
Management continues to be encouraged by the exploration results at Benso, which is a Joint Venture with Fairstar Explorations Inc. Here, a significant gold resource is developing less than 30 km from the 936,000-ounce (562,000 indicated 374,000 inferred)
resource St. Jude is developing on its adjoining Hwini-Butre concession. These strategically located high-grade deposits open up the possibility of a centralized mining facility. Similarities in the styles of mineralization (intense shearing, silicification, abundant sulphides and visible gold) between the
Subriso, Chichiwelli and Amantin areas at Benso are quite striking. All these areas feature important north trending regional structures, which appear to be closely associated with major gold deposits in the area such as Damang, Wassa-Satellite and St Jude's Dabokrom and Adoikrom deposits. Additionally there
are many crosscutting fracture systems that may also play a significant role in localizing gold mineralization. Plans to continue exploring at these and other highly prospective prospects in Ghana are being prepared.
St. Jude is a leading West Africa explorer focused on the discovery and development of gold deposits amenable to low cost mining. St. Jude's exploration is under the direct supervision of George A. Flach, B.Sc., P.Geo., who is the Qualified Person responsible for the design and management of the drill program.
The company's three advanced-stage projects namely, Hwini-Butre, Benso and Goulagou cover over 353 sq. km. (136 sq. miles or 87,312 acres) of one of the richest and most productive gold bearing belts in the world. With an expanding gold resource, new
discoveries and several advanced exploration targets, St. Jude is well positioned to continue its strong growth.
ST. JUDE RESOURCES LTD.
PER:
MICHAEL A. TERRELL, President
To view the map that accompanies this release, please access the
following link:
http://www2.cdn-news.com/database/fax/2000/jude.pdf (http://www2.cdn-news.com/database/fax/2000/jude.pdf).
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
St. Jude Resources Ltd.
Michael A. Terrell
President
(604) 940-6565
(604) 940-6566 (FAX)
Website: www.stjudegold.com (http://www.stjudegold.com/)
No Stock Exchange has reviewed or accepts the responsibility for
the adequacy or accuracy of this release.
http://www2.cdn-news.com/images/other_recent_news.gif (http://www.ccnmatthews.com/scripts/search.asp?stock=SJD)
http://www2.cdn-news.com/images/logos/stjude.jpg (http://www.stjudegold.com/)
FOR: ST. JUDE RESOURCES LTD.
TSX VENTURE SYMBOL: SJD
SEPTEMBER 8, 2003 - 09:00 ET
St Jude Intersects 26 Meters of 5.40 g/t Gold at Benso;
Exploration Continutes
VANCOUVER, BRITISH COLUMBIA--St. Jude Resources Ltd. (SJD - TSX
Venture) is pleased to announce new results from drilling at the Subriso Deposits within the Benso concession, Ghana. Highlights include hole SJB-176 that ran 5.40 g/t Au over 26 meters at the West Deposit, as well as SJB-165 which ran 3.44 g/t Au over 23 meters on the L Zone. SJB-176 is north of previously announced hole SJB-14 that ran 7.48 g/t Au over 32 meters, as well as SJB-12 that ran 7.16 g/t Au over 36 meters. The table below sets out the significant drill results received from ongoing
exploration:
/T/
---------------------------------------------------------------------
Coordinates
Hole # Dip Azimuth ------------- From Interval Grade Zone
Degree North East - To Width g/t
(-) (m) (m) (m) (m) Au
---------------------------------------------------------------------
SJB - 159 -45 90 476 -1663 15 - 16 1 2.24 G
---------------------------------------------------------------------
41 - 44 3 1.10 G
---------------------------------------------------------------------
46 - 47 1 1.93 G
---------------------------------------------------------------------
58 - 61 3 0.91 G
---------------------------------------------------------------------
63 - 68 5 1.60 G
---------------------------------------------------------------------
SJB - 160 -45 40 1574 98 37 - 42 5 2.64 E
---------------------------------------------------------------------
47 - 48 1 1.38 E
---------------------------------------------------------------------
53 - 54 1 1.89 E
---------------------------------------------------------------------
59 - 61 2 1.23 E
---------------------------------------------------------------------
65 - 66 1 1.33 E
---------------------------------------------------------------------
37 - 66 29 1.08 E
---------------------------------------------------------------------
SJB - 161 -45 90 475 -1638 15 - 18 3 1.21 G
---------------------------------------------------------------------
25 - 26 1 1.42 G
---------------------------------------------------------------------
30 - 31 1 2.52 G
---------------------------------------------------------------------
42 - 55 13 2.59 G
---------------------------------------------------------------------
SJB - 164 -45 90 -440 -1748 20 - 51 1 1.53 I
---------------------------------------------------------------------
20 - 51 31 2.70 I
---------------------------------------------------------------------
SJB - 165 -45 40 -207 -2302 28 - 51 23 3.44 L
---------------------------------------------------------------------
SJB - 166 -45 40 -219 -2249 49 - 50 1 0.94 L
---------------------------------------------------------------------
SJB - 167 -45 270 -475 -1690 7 - 11 4 4.29 I
---------------------------------------------------------------------
SJB - 168 -45 270 -531 -1704 29 - 33 4 2.13 I
---------------------------------------------------------------------
SJB - 169 -45 90 43 -1993 2 - 12 10 1.37 L
---------------------------------------------------------------------
32 - 33 1 2.20 L
---------------------------------------------------------------------
50 - 55 5 2.02 L
---------------------------------------------------------------------
SJB - 170 -45 90 -482 -1700 53 - 55 2 3.72 I
---------------------------------------------------------------------
SJB - 171 -45 90 651 -1779 0 - 2 2 1.10 G
---------------------------------------------------------------------
SJB - 172 -45 220 562 -1342 98 - 105 7 1.76 N
---------------------------------------------------------------------
SJB - 174 -45 90 95 -2015 50 - 51 1 11.97 L
---------------------------------------------------------------------
SJB - 176 -45 40 804 -1163 114 - 115 1 1.04 SW
---------------------------------------------------------------------
-45 40 0 - 3 3 6.00 SW
---------------------------------------------------------------------
SJB - 177 -45 40 775 -1160 11 - 37 26 5.40 SW
---------------------------------------------------------------------
0 - 27 27 3.55 SW
---------------------------------------------------------------------
8 - 11 3 11.07 SW
---------------------------------------------------------------------
0 - 38 38 2.77 SW
---------------------------------------------------------------------
/T/
Management continues to be encouraged by the exploration results at Benso, which is a Joint Venture with Fairstar Explorations Inc. Here, a significant gold resource is developing less than 30 km from the 936,000-ounce (562,000 indicated 374,000 inferred)
resource St. Jude is developing on its adjoining Hwini-Butre concession. These strategically located high-grade deposits open up the possibility of a centralized mining facility. Similarities in the styles of mineralization (intense shearing, silicification, abundant sulphides and visible gold) between the
Subriso, Chichiwelli and Amantin areas at Benso are quite striking. All these areas feature important north trending regional structures, which appear to be closely associated with major gold deposits in the area such as Damang, Wassa-Satellite and St Jude's Dabokrom and Adoikrom deposits. Additionally there
are many crosscutting fracture systems that may also play a significant role in localizing gold mineralization. Plans to continue exploring at these and other highly prospective prospects in Ghana are being prepared.
St. Jude is a leading West Africa explorer focused on the discovery and development of gold deposits amenable to low cost mining. St. Jude's exploration is under the direct supervision of George A. Flach, B.Sc., P.Geo., who is the Qualified Person responsible for the design and management of the drill program.
The company's three advanced-stage projects namely, Hwini-Butre, Benso and Goulagou cover over 353 sq. km. (136 sq. miles or 87,312 acres) of one of the richest and most productive gold bearing belts in the world. With an expanding gold resource, new
discoveries and several advanced exploration targets, St. Jude is well positioned to continue its strong growth.
ST. JUDE RESOURCES LTD.
PER:
MICHAEL A. TERRELL, President
To view the map that accompanies this release, please access the
following link:
http://www2.cdn-news.com/database/fax/2000/jude.pdf (http://www2.cdn-news.com/database/fax/2000/jude.pdf).
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
St. Jude Resources Ltd.
Michael A. Terrell
President
(604) 940-6565
(604) 940-6566 (FAX)
Website: www.stjudegold.com (http://www.stjudegold.com/)
No Stock Exchange has reviewed or accepts the responsibility for
the adequacy or accuracy of this release.
http://www2.cdn-news.com/images/other_recent_news.gif (http://www.ccnmatthews.com/scripts/search.asp?stock=SJD)