Comaplex Minerals Corp.

Comaplex Minerals Corp.

July 13, 2009 23:59 ET

Comaplex Provides an Update on the Meliadine West and East Exploration Programs

CALGARY, ALBERTA--(Marketwire - July 13, 2009) -


Comaplex Minerals Corp. ("Comaplex") (TSX:CMF) is pleased to provide its second update on the 2009 exploration program on the Meliadine West gold property near Rankin Inlet, Nunavut Territory, Canada. The Meliadine West property is owned 78% by Comaplex and 22% by Meliadine Resources Ltd., a private company owned 100% by Resource Capital Fund III L.P. of Denver ("Resource Capital"), with Comaplex having an option to increase to 80%. The Meliadine East property is owned 50% by Comaplex and 50% by Resource Capital.

Comaplex's goal in 2009 is to advance the Meliadine property to a level that will support initiation of a Feasibility Study as soon as possible. This will require additional surface drilling of the various gold deposits on the property, rapid advancement of geotechnical, geochemical, and environmental studies to feasibility levels, and advanced engineering of the open pit and underground components.

2009 Drill Program

(See Figure 1 and Figure 2)

Drilling is progressing at a rapid pace on the Meliadine West property with a total of 12,700 meters in 47 holes completed to date. A total of approximately 20,000 meters is planned for the year and three drills have been active on the property since mid April. Two of the drills have been testing the Western Deeps portion of the Tiriganiaq Gold Deposit for additional resources. The third drill is focused on infill drilling and resource upgrading of the F Zone pits (1341 meters in 17 holes). On completion of the F Zone work in mid June, the drill was mobilized to the west end of the property to test reconnaissance targets in the Musket Bay area.

Drill results for the first six drill holes were released on June 15, 2009 (release 09-09). The results from an additional 18 holes are highlighted here. These include 6 holes (3213 meters) completed in the Western Deeps (Tiriganiaq Deposit) and 12 holes (1007 meters) completed in the three shallow easternmost pits of the F Zone.

Detailed drill results for all of the recent drill holes are attached to this release. Highlights from holes in the Tiriganiaq deposit include:

12.7 gmt gold over 5.5 meters in hole M09-793
24.9 gmt gold over 1.7 meters in hole M09-794
and: 6.0 gmt gold over 13.4 meters
16.1 gmt gold over 10.4 meters in hole M09-795
6.8 gmt gold over 11.1 meters in hole M09-801
17.6 gmt gold over 3.0 meters in hole M09-811
and: 15.5 gmt gold over 2.5 meters
23.8 gmt gold over 7.0 meters in hole M09-808

The drills are targeting two specific areas in the Western Deeps part of the Tiriganiaq gold deposit: a) up plunge of the defined 1255 lode resource, where no previous resources were outlined or reported; b) down plunge of the defined 1255 lode resource, which also has the potential to increase the resource base.

Interestingly, drill holes 09-794, 795, and 801 have all intersected 1050 lode mineralization at depth. This lode is common in the upper part of the deposit, but this is the first occurrence of this mineralization at depth. This development is consistent with our interpretation that large shear zones like the one hosting the Tiriganiaq deposit will have multiple mineralized surfaces or lodes occurring along both their strike (length) and dip (depth). Mineralization from the 1000 lode has also been interested in the deep holes.

Highlights from drill holes testing the shallow pit potential of the F Zone include:

4.8 gmt gold over 9.9 meters in hole M09-796
5.7 gmt gold over 6.4 meters in hole M09-800
9.4 gmt gold over 5.6 meters in hole M09-807
3.9 gmt gold over 7.2 meters in hole M09-809

The main reason for the F Zone drilling is to move inferred resources present at shallow depths in the easternmost three proposed open pits to an indicated level for inclusion into a Feasibility Study. An important observation in the F Zone holes is that the mineralized surfaces appear to be correlating well, suggesting definable structural control, which should translate into easier mining.

Additional lab results are expected throughout the summer as drilling continues and these results will be released as they are received and verified.

Meliadine East Exploration

The 2009 exploration program, operated by Meliadine Resources, has commenced on the East Meliadine property. A drill program of approximately 2000 meters is planned to further define the open pit resources in the Discovery Zone. An additional 600 meters of geotechnical drilling is planned for the deposit following the exploration program.

Interim Studies

Detailed geotechnical, geochemical, and environmental studies are underway on all three of the gold deposits (Tiriganiaq, F Zone, and Discovery) located on the properties and on proposed mill, tailings, camp, and related infrastructure both at sites and in Rankin Inlet. This pre-feasibility to feasibility level work will be used in a Feasibility Study and the regulatory/permitting documentation.

Comaplex is currently working on the compilation of a Preliminary Project Description (PPD) for the regulators. Filing of this document with the government is the first major step in permitting the Meliadine gold project. Several of the detailed studies currently underway will need to be completed for inclusion into the PPD.


Doug Dumka, P.Geo. is the Chief Geologist for Comaplex Minerals and is the Senior Project Geologist and designated Qualified Person (Q.P.) for the Meliadine West Project. Mr. Dumka will be supervising drill hole planning, implementation and quality control/quality assurance programs at the Meliadine West project for 2009.

Drill core analysis is performed on cut, half NQ core with standard fire assay procedures and a gravimetric finish (2 assay ton, 1000 gram pulp). QA/QC programs employ the insertion of external standards (low to high grade Au), blanks, and core duplicates every 20 samples. All assaying was completed by TSL Laboratories Ltd. based in Saskatoon, Saskatchewan. TSL completes its own internal QA/QC by inserting a standard, blank, pulp duplicate, and coarse reject duplicate in every batch of 20 analyses. QA/QC compliance was rigorously checked on a continuous basis during the exploration program.

Meterage provided is measured down hole and intersection widths are interpreted to be approximately 80% of true width.

The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release. Not for distribution to United
States newswire services or dissemination in the United States.

Meliadine West Property - Comaplex Press Release 09 - 10

July 13, 2009
Cut to
60 gmt Au
weigh. aver. weigh. aver.
hole No. area lode meterage (gmt Au/m) (gmt Au/m)
-------- ---- ---- -------- ------------- -------------
M09-793 Tiriganiaq 1255 365.78-371.27 12.7/5.5m 12.0/5.5m
- West Deeps
M09-794 Tiriganiaq 1253 490.1-491.8 24.9/1.7m 18.1/1.7m
- West Deeps incl.
490.6-491.1 83.1/0.5m 60.0/0.5m
1253 495.3-500.15 5.4/4.9m
495.3-495.85 26.1/0.6m
1050 557.7-571.1 6.0/13.4m
559.2-566.45 7.8/7.3m
M09-795 Tiriganiaq 1255 382.63-393.0 16.1/10.4m 15.5/10.4m
- West Deeps 1155 417.74-420.0 9.9/2.3m
1100 427.61-429.2 7.7/1.6m
1050 487.75-489.64 5.5/1.9m
M09-796 F Zone pits 28.3-38.2 4.8/9.9m
M09-797 F Zone pits 56.0-59.7 4.8/3.7m
M09-798 F Zone pits 44.5-48.8 4.7/4.3m
M09-799 Tiriganiaq 1015 520.75-523.8 17.6/3.0m 15.3/3.0m
- West Deeps 1000 536.2-538.7 15.5/2.5m
538.0-538.7 49.7/0.7m
M09-800 F Zone pits 67.29-73.7 5.7/6.4m
M09-801 Tiriganiaq upper IF 373.9-374.4 23.4/0.5m
- West Deeps 1253 405.95-406.65 17.9/0.7m
1253 419.6-430.67 6.8/11.1m
423.25-430.67 8.9/7.6m
1050 488.15-488.65 11.8/0.5m
M09-802 F Zone pits 54.0-56.3 8.1/2.3m
M09-803 F Zone pits 82.63-84.77 6.6/2.1m
M09-804 F Zone pits 20.0-23.47 5.1/3.5m
M09-806 F Zone pits 30.84-32.87 5.6/2.0m
M09-807 F Zone pits 39.77-45.39 9.4/5.6m
M09-808 Tiriganiaq 1255 357.35-364.3 23.8/7.0m 18.3/7.0m
- West Deeps 1000 473.3-477.1 7.4/3.8m
M09-809 F Zone pits 66.61-73.76 3.9/7.2m
M09-810 F Zone pits 52.1-53.5 3.9/1.4m
M09-811 F Zone pits 59.97-61.5 5.0/1.5m

Contact Information

  • Comaplex Minerals Corp.
    George F. Fink
    (403) 265-2846

    Comaplex Minerals Corp.
    Mark J. Balog
    Chief Operating Officer
    (403) 265-2846

    Comaplex Minerals Corp.
    Kirsten Kulyk
    Manager - Investor Relations
    (403) 265-2846