Encore Renaissance Resources Corp.

Encore Renaissance Resources Corp.

March 03, 2010 16:11 ET

Encore Renaissance Acquires New Heavy Drill to Triple Extraction Rate on Decline at the Bonaparte Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 3, 2010) - ENCORE RENAISSANCE RESOURCES CORP. (TSX VENTURE:EZ) (FRANKFURT:OUH1) (PINK SHEETS:ERRCF) Encore Renaissance Resources Corp. (the "Company") (TSX VENTURE:EZ) reports progress on the Bonaparte Property 10,000 tonne bulk sample exploration program. The company is pleased to announce the acquisition of a new heavy drill now onsite at the property which should increase rate of extraction of both the gold-bearing veins and stockwork material by approximately 3 times the current rate as the extraction progresses on the main access decline.

As of February 24th 2010, the operator BCT Mining has driven the decline to a current drift depth of 79.2 metres and has turned to intersect the Eagle vein to the east. Once the Eagle vein has been intersected, the company will drift north and south on it to extract additional vein material for the bulk sample. The decline will then continue to the west towards the targeted Crow and Jay Veins. When it re-intersects the 20 vein at depth, further extraction drifts will be set out on it at this level. The decline will continue advancing toward the Crow and Jay veins to the west.

The opening of several extraction drifts along these veins will enable the company to increase the shipping of ore to the Kinross Mill. With the addition of several pieces of new equipment including the new Jumbo drill, the bulk sample extraction and decline advancement rates will be substantially increased, generating the bulk sample gold grade results from the Eagle Crow and Jay and other vein targets.

To help facilitate the ramping up of bulk sampling operations, the company has recently completed site infrastructure improvements to support its two operational shifts working including a cross over rotation shift. These operations now incorporate the employment of 12 miners, technicians and support people at the site. 

Technical Report on the '20 Vein' Results

The 20 vein stock work zone was mapped down the decline a further 21 m. from 27.6 to 48.549 metres before the vein rotated to a 2300 SW striking direction of the decline path. The 20 vein with a width of 0.81 metre continues to be open with a final sample returned 92.5 g/t Au over 0.60 metre width. The total overall vein has been traced 41.24 metres in length and is totally exposed in the decline. In the vein, 23 paneled samples averaging 12.60 g/t gold over 38.20 meters were taken. The vein remains open in both directions.

The quartz vein varies in width from 0.30 to 1.26 metres with a stock work zone that includes macro-veining up to 10 cm veinlets every 15-20 cm through out the entire quartz dioritic assemblage. Mineralization is predominantly in veins and through out fractures. Decline geological mapping has determined distinct mineralization and structural vein zoning that is south east 430 dipping plunge and would have alternatively drilling challenging on interpretation as to depth directions and structural depositional controls.

President Michael Mulberry stated, "Every day at the site we are making excellent progress driving the decline and extracting of the bulk sample material along the way. This is not an exact science and work at the site is progressing in ways we both expected and did not expect, that's just par for the course. The fact is we are doing what we need to do and we are succeeding in developing this incredibly exciting project to its ultimate potential."

This release has been reviewed by Laurence Stephenson P.Eng. the designated Qualified Person.

Michael Mulberry, President and Director

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the content of this press release.

Contact Information

  • Encore Renaissance Resources Corp.
    Michael Mulberry
    President and Director
    778-994-6453 or 778-891-2701
    604-572-1891 (FAX)
    Encore Renaissance Resources Corp.
    Head Office Address
    PO Box 48474, Bentall Centre
    Vancouver, BC
    Canada V5C 2M7