2004 News Releases
Lang Lake Copper-Gold Explorations Started
September 8, 2004
Maple Minerals Corp. ("Maple") (TSXV:MPM) and East West Resource Corporation (“East West”) (TSXV: EWR) are pleased to announce that geological mapping and grid work have commenced on the Lang Lake copper-gold project 40 miles west of Pickel Lake, Ontario in order to locate trenches and old drill sites that were completed in 1967 – 1968. A resource of 23 million tonnes of 0.35% copper had been outlined by Hanna Mining (mndm files), however very limited gold assaying had been done since gold at that time was $35 per ounce in price. Quartz veins located to the side of the deposit assayed up to 0.14 ounces (4.6 g Au/tonne) and occasional samples taken from the copper magnetite mineralization assayed 0.3 – 0.6 grams gold with occasional 1 – 2 gram values.
A porphyry is associated with the mineralization as well as a large folded iron formation. A weak EM conductor was found to be associated with the mineralization zone by a survey flown for the OGS. Several other similar conductors have been noted on the property.
Previous IP and soil (copper) surveys have indicated that up to 5 untested areas of similar dimension to the deposit occur on the property within 1000 meters of the original copper discovery. These targets were located within a couple of days of start up. Ground EM and magnetic surveys will be completed as part of the geological mapping exercise to assist in planning future drilling.
Pursuant to a property option agreement, Maple and East West have the option to acquire a 100% interest in the Lang Lake Property, subject to a 2% NSR. Robert S. Middleton, P. Eng., is the designated Qualified Person and is responsible for the verification and quality assurance of the exploration data and analytical results.
Maple Minerals Corp. is a Toronto based resource company with properties in Africa, Canada and the Dominican Republic. For more information about Maple, please visit the company’s website at www.mapleminerals.com.
This news release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause Maple’s results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof. Maple disclaims any intent or obligation to update these forward-looking statements.
The TSX Venture Exchange does not take responsibility for the adequacy or accuracy of this release.