Blackhealth drills 3.05 m of 1.2% WO3 at Avrupa’s Covas

Feb 18, 2014

Blackheath Resources Inc. has released drilling results from the phase 2 drilling program from the Covas tungsten project in northern Portugal, under option from Avrupa Minerals Ltd. The Phase 2 drilling program greatly expanded the skarn-related mineral zones in every existing target zone, as well as discovering a new mineralized zone.

Fourteen diamond drill holes, totaling 1,183 metres, were drilled in five different target areas: Muito Seco, Lapa Grande, Telheira, Castelo and a new zone Cerdeirinha/Muito Seco. Step out drill holes varied from 50 to 550 metres and averaged over 200 metres in distance from previously known mineralization areas. Results from the first and second phase drilling programs indicate that there is further potential for extension at all five target areas, and new geological interpretations from the recent drilling also indicate potential vectors towards further high grade tungsten zones.

Highlights of the Phase 2 program include 3.05 metres of 1.26% WO3, including 1.05 metres of 2.07% WO3 starting at a depth of 12.75 metres at Muito Seco and 3.25 metres of 0.19% WO3, including 1.25 metres of 0.38% WO3 starting at a depth of 82.55 metres at Telheira. All holes are vertical drill holes, and intercepts are considered to represent the true thickness or close to the true thickness of the mostly flat-lying mineralized zones.

“We are pleased with the results from our Phase 2 drilling program at the Covas Tungsten Project,” said James Robertson, President & CEO of Blackheath Resources. “Over 90% of the drill holes intercepted tungsten-bearing skarn, which is very encouraging. This brings us one step closer to our goal of completing a NI 43-101 resource estimate at Covas, and further drilling will be required to determine the extent of the tungsten mineralized skarn zones. The Phase 3 drill program is scheduled for later this year.”

 

----------------------------------------------------------------------------
                            HOLE                            SUMMARY         
                          LENGTH INTERCEPT     INTERCEPT %  EXTENSIONS      
HOLE ID  EASTING NORTHING    (M) DEPTH (M)             WO3  DISTANCES       
----------------------------------------------------------------------------
CO 22/13  525160  4635105  40.60     28.70  1.00 m @ 0.04%  Extended Lapa   
                                                       WO3  Grande target   
                                                            over 80 metres  
                                                            to the SE       
----------------------------------------------------------                  
CO 23/13  525515  4634892 149.50    128.40  2.20 m @ 0.21%                  
                                                       WO3                  
----------------------------------------------------------------------------
CO 24/13  525030  4634800  40.00     12.75  3.05 m @ 1.26%  Extended Muito  
                                                       WO3  Seco target area
                                                            over 200 metres 
                                                            to the SE       
----------------------------------------------------------                  
CO 25/13  525180  4634670  58.60       N/A  Thick skarn no                  
                                               significant                  
                                                  tungsten                  
                                                    values                  
----------------------------------------------------------------------------
CO 26/13  524808  4634970  89.40       N/A      No skarn -  Expanded known  
                                               collared in  tungsten        
                                              lower schist  mineralization  
                                                            550 metres in   
                                                            new discovery   
                                                            target area at  
                                                            Muito Seco /    
                                                            Cerdeirinha.    
----------------------------------------------------------                  
CO 27/13  524640  4634720  70.10     22.40  2.00 m @ 0.17%                  
                                                       WO3                  
----------------------------------------------------------                  
CO 28/13  524780  4634665  41.30     35.50  0.75 m @ 0.15%                  
                                                       WO3                  
----------------------------------------------------------                  
CO 29/13  524947  4634658  54.30     13.80  1.80 m @ 0.20%                  
                                                       WO3                  
----------------------------------------------------------------------------
CO 30/13  524201  4634026 118.10     88.20   1.00 m @ 0.21  Extended Castelo
                                         &    and 1.00 m @  target area over
                                    101.20       0.19% WO3  100 metres SW   
----------------------------------------------------------------------------
CO 31/13  522720  4635435 105.10     82.55  3.25 m @ 0.19%  Extended        
                                                       WO3  Telheira target 
                                                            area over 180   
                                                            metres NW and   
                                                            130 metres to   
                                                            the S/SW        
----------------------------------------------------------                  
CO 32/13A 522773  4635244 141.30    125.50  1.00 m @ 0.12%                  
                                                       WO3                  
----------------------------------------------------------                  
CO 33/13  522847  4635164  54.30       N/A  no significant                  
                                                  tungsten                  
                                                    values                  
----------------------------------------------------------                  
CO 34/13  522725  4635514  53.60       N/A  no significant                  
                                                  tungsten                  
                                                    values                  
----------------------------------------------------------------------------
CO 35/13  524525  4633885 166.70    142.30        9.20 m @  Extended Castelo
                                                0.143% WO3  target area over
                                                            75 metres SE    
----------------------------------------------------------------------------

 

For further information please visit http://www.blackheathresources.com/s/Covas.asp.

Covas is a past-producing tungsten mine and remaining historic resources on the property have been estimated at 922,900 tonnes of 0.78% WO3 (tungsten trioxide) by Union Carbide in 1980, based on work including 329 drill holes on the property. Mineralization is open to expansion. The price of tungsten has increased significantly in recent years and is currently approximately $38 per kilogram of contained tungsten trioxide. (These resources are historic in nature, prepared by Union Carbide Corp. in 1980 and are considered relevant. However, a qualified person has not done sufficient work to classify the historical estimates as current mineral resources and the Company is not considering the historical estimates as current mineral resources.)

Highlights from the Phase 1 program completed by the Company early in 2013 included high grade tungsten mineralization of 2.11% WO3 over 7.98 metres starting at a depth of 44.57 metres in Hole CO 7/12 at the Telheira target and 2.89% WO3 over 5.10 metres in Hole CO 13/12 starting at a depth of 52.70 metres at the Lapa Grande target at Covas, as previously reported. Other results from the program confirmed extensions of tungsten mineralization in the skarn zones at Covas. (See news releases dated November 26, 2012 and March 1, 2013 for details)

The Covas property is located about 100 kilometres north of Porto, Portugal’s second largest city. Blackheath holds the property under an option from Avrupa Minerals Ltd. to earn up to an 85% interest in a joint venture in the project, after incurring minimum exploration expenditures of EUR1 million in two stages to earn a 70% interest followed by completion of a prefeasibility study to earn the additional 15% interest.

http://www.avrupaminerals.com/news/

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