Tenajon Resources Corp.

Tenajon Resources Corp.

September 19, 2005 09:00 ET

Tenajon Resources Corp.: High Grade Gold Intersection at Summit Lake Property

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 19, 2005) -


Tenajon Resources Corp. (TSX VENTURE:TJS) (the "Company") wishes to provide an update on the current exploration program being conducted at its Summit Lake Property. To date, 14 underground diamond drill holes have been completed with assays received from four of the holes. Results confirm the presence of high grade gold mineralization at Summit and include 12 feet of 0.824 oz/t gold in hole DDH 723.

The Summit Lake Property is a former operating mine located 50 km north of Stewart, B.C., which produced 95,426 ounces of gold from 201,462 tons milled for an average grade of 0.474 oz/t gold. At the Summit Lake Property gold mineralization occurs in a series of west trending echelon veins: L, M, N and O. Production was primarily from the M Zone between the 3000 and 3700 levels. Though minor production came from the N and O zones, these zones were never fully mined. The L Zone was never developed.

The 2005 exploration program has been designed to determine the continuity along strike and down dip of the L, M and N Zones (through underground drilling) and to test prospective targets elsewhere on the property through rock chip sampling and follow-up surface drilling. Of the 14 underground drill holes completed to date, seven holes have tested the M Zone, four have tested the N Zone and three holes have tested the L Zone. Results have been received for four holes: one from the M Zone and three from the L Zone. Drilling is ongoing with another five holes expected to be completed at the M Zone.

M Zone:

At the M Zone little historical drilling was completed to the west of the main workings between the 3100 and 3600 Levels. Current hole 723 tested the zone on the 3300 Level approximately 100 feet west of the workings, confirming that the zone extends along strike. The results are summarized below:

Hole From (ft) To (ft) Int (ft) Au (oz/t)
723 325 337.1 12.1 0.824
incl 325 330 5.0 1.892
and 360 363.3 3.2 0.128

The reported true width is approximately 60% of the drill intercept width. The two intercepts are separated by a barren dyke. Additional drilling at the M zone is underway.

L Zone:

Prior to 2005, the L Zone had been traced through limited drilling for in excess of three hundred feet with the zone open in all directions. Previous results include a 2.5 foot intersection averaging 2.036 oz/t gold and an 11.5 foot section averaging 0.240 oz/t gold. Previously, the westernmost drill hole completed in the zone averaged 0.475 oz/t gold over 6.7 feet. The recently completed drill holes tested the zone 100 feet below (Hole 717), 100 feet above (Hole 718) and 100 feet along strike (Hole 719) to the west of this intercept. All three holes intersected the zone with the results being summarized below.

Hole From (ft) To (ft) Int (ft) Au (oz/t)
717 312.7 314.7 2.0 0.139
718 349.6 354 4.4 0.201
719 353.7 362.4 8.7 0.108

These results show the L Zone to be continuous over a 400 foot strike length and a 200 foot elevation and open in all directions.

At the Summit Lake Property drill core is sawn in half at the minesite by company personnel. The core is then shipped to Eco-Tech Labs who prepare and assay the core using a 1 assay ton sample. A check sampling program involving the introduction of one blank and one standard for every 20 samples is employed by Tenajon.

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements and reviewed by Dave Visagie, P. Geo., Group Exploration Manager, The Northair Group (a Qualified Person under NI43-101). The exploration program at the Summit Lake Property is also being supervised by Mr. Visagie.

On Behalf of the Board of Directors


D. Bruce McLeod, President

This news release may contain forward looking statements which are not historical facts, such as ore reserve estimates, anticipated production or results, sales, revenues, costs, or discussions of goals and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, metal price volatility, volatility of metals production, project development, ore reserve estimates, future anticipated reserves and cost engineering estimate risks, geological factors and exploration results. See the Company's filings for a more detailed discussion of factors that may impact expected results.

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

Contact Information

  • Tenajon Resources Corp.
    D. Bruce McLeod
    (604) 687-7545 or Toll Free: 1-888-338-2200
    (604) 689-5041 (FAX)