Meliadine West continues to grow

Comaplex Minerals (CMF-T) continues to expand the gold resource at its 774-sq.-km Meliadine West property, 20 km north of Rankin Inlet, Nunavut.

Drilling of the West Tiriganiaq zone has expanded the zone to at least 500 metres strike length. Highlights from two holes include an intersection grading 11.14 grams gold over 6.83 metres; in another hole two intercepts were hit, one of 10.58 grams gold over 3 metres and a second grading 7.85 grams gold per tonne over 1.5 metres. These intercepts were intersected 424-524 metres down-hole.

These holes are 100-metre step outs from previous holes. The West Tiriganiaq zone is a deeper western extension of the main zone and is located 600 metres to the west. Drilling is ongoing on 100-metre centres.

Two holes tested the easterly boundary of the main Tiriganiaq zone at medium depth. Assays from just one of these have been received, resulting in an intersection of 7.9 grams gold over 1 metre.

The Tiriganiaq zone resource was last estimated to be an indicated 5.21 million tonnes grading 7.7 grams gold per tonne, or 1.29 million contained oz. The inferred resource at that time was 7.14 million tonnes grading 6.1 grams gold (1.4 million oz. gold).

Gold mineralization is associated with sheared, quartz veined, sulphidized iron formation, sedimentary and mafic volcanic rocks, near the southern edge of the Pyke Fault.

A total of 5,420 metres in 19 holes were drilled at the Tiriganiaq zone in 2003. About one third of this year’s assays have been received to date and drilling is ongoing.

Comaplex holds a 78% interest in the Meliadine West property; 22% is held by Cumberland Resources (CLG-T). Comaplex has an option to earn an additional 2% of the property by paying $2 million.