International Samuel Exploration Corp.

TSX VENTURE : ISS


International Samuel Exploration Corp.

February 12, 2013 09:00 ET

International Samuel Exploration Corp.: 4.28 % Copper, 4 g/t Gold at Frog Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 12, 2013) - International Samuel Exploration Corp. (TSX VENTURE:ISS) (the "Company") is pleased to announce an exploration update from the 2012 exploration program on the company's 100% owned, 32,164.59 hectare, Frog Property. The Frog Property is located approximately 170 kilometres east-southeast of Dease Lake, British Columbia.

The 2012 Frog Property exploration program consisted of a multi-phase approach including: regional reconnaissance, detailed prospecting, detailed petrologic analysis of the outcrop and subcrop mineralization.

The detailed petrographic analysis was conducted for all the rock samples collected in the 2012 program. This analysis was two-fold, firstly using 25X and 50X hand lenses, 50-220X zoom digital USB scope feeding images directly into a computer to obtain lithology, structure, alteration, mineralization, mineral assemblages and mineral sequences. And secondly, fourteen samples were selected for further thin section petrologic study.

The petrographic analysis identified three alteration assemblages on the Frog Property:

  • The first and most common alteration assemblage, the property's main assemblage, is biotite-magnetite-pyrite/marcasite ±chlorite-epidote, which occurs throughout the non-pervasive silica ±clay flooding.
  • The second alteration assemblage on the property includes magnetite replacement of hornblende and amphiboles in the granitoids. This alteration appears to be both property-wide and does extend outside the property boundary.
  • A third alteration assemblage found is muscovite-pyrite/marcasite-magnetite ±chlorite-epidote. This alteration apparently has a very limited range, both vertically and horizontally, and is seen in only a few samples.

Forex Prospect

The Forex Prospect on the Frog Property has 6 km x 4.6 km aerial extent, with copper-silver-gold and overlapping molybdenum-rhenium with anomaly. Of the 430 rock samples collected, 101 of them returned copper values of 0.1% or higher. Nine samples within the area returned copper values above 1% with gold grades ranging 0.5 to 4 g/t. Sample 129606 was a grab from talus and was strongly mineralized, containing 4.28% copper and 4 g/t gold.

28 of the widely spaced samples on the Forex Prospect had elevated molybdenum values of 101 ppm to 4270 ppm, with an average of 724 ppm. The molybdenum values appear to be associated with rhenium; the rhenium values range from 0.04 ppm to 1.245 ppm, with an average for the same 29 samples.

Technical information in this news release has been reviewed by Derrick Strickland P.Geo., a qualified person as defined in NI 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS

Conrad Swanson, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

Contact Information