|
Wed Apr 21, 2010 Broulan Reef Mother Drill Hole BR09-02 Completed to 2937 metres Cypress Development & Skyharbour Resources have now completed the mother hole #BR09-2 to a depth of 2937 metres on their Broulan Reef Red Lake gold project.
The hole was collared with an azimuth of at 120 degrees and a dip of 78 degrees. The hole ended with an azimuth of 81.7 degrees and a dip of 65.2 degrees. This hole encountered Balmer Assemblage at 1586 metres and continued in same until the end of the hole.
At 2663.8 metres down hole, the companies encountered a major North / South ... (2 KB) |
|
Wed Feb 24, 2010 Smartstox Report on Cypress Development Corp. February 2010 Dear Sirs,
Below is a link to a Report by Smartstox dated February 2010 on Cypress Development Corp. (TSX-V: CYP) discussing the Company's ongoing drill program on its Broulan Reef gold property in Red Lake, NW Ontario. The property is located adjacent to the south of Goldcorp's Cochenour / Bruce Channel Deposit.
Cypress Development Corp. is ... (1 KB) |
|
Fri Aug 14, 2009 Update from the Field on Broulan Reef Drilling BR09-01 mother hole is now at 1265 metres
Dip 77.2 degrees
Azimuth last @ 111 degrees
Gyro to determine exact azimuth being done with down hole probe this am
Hole is stable
We have had a great deal of difficulty in managing this hole to the direction (*azimuth) that we desire. There is a tremendous amount of pull on the drill rods always to the North. Rock formations, structures, etc. tend to be laid in a north-south direction (generally speaking), so the drill bit encounters / takes the ... (3 KB) |
|
Wed Jul 22, 2009 Drilling Update on Broulan Reef, Red Lake Project, Ontario Don Huston reports,
Drilling continues on the Cypress / Skyharbour Broulan Reef property with progress being seen to achieving depth on the McKenzie Island hole BR09-01. The hole is now at approximately 1295 metres in length with an azimuth of about 94 degrees and with a dip of 78 degrees.
... (3 KB) |
|
Fri Jun 5, 2009 The two latest reports from the field on the Broulan Reef written by Bob Marvin and David Busch
... (1 KB) |
|
Wed Feb 11, 2009 Drilling Update on Broulan Reef / Bruce Channel, Red Lake Project, Ontario Hole BR08-02 was @ 2101 metres this morning.
Dip of hole 72.5 degrees and the Azimuth is 267 degrees.
Chibougamau drilling achieved approximately 180 metres with the last drill bit. The company is pleased with the progress of the drilling to date. Machinery and manpower continue to work well. Rock has softened somewhat and is allowing for good metre production.
Of Note re: Broulan Reef drilling since January 15, 2009;
- Definitive rock change in the Balmer Assemblage since approx. ... (3 KB) |
|
Thu Jul 31, 2008 GOLDCORP CONSOLIDATES RED LAKE DISTRICT WITH $1.5 BILLION ACQUISITION OF GOLD EAGLE Mr. Kevin McArthur of Goldcorp reports
Goldcorp Inc. (TSX: G) and Gold Eagle Mines Ltd. (TSX: GEA) have signed an agreement whereby Goldcorp will acquire, through a friendly plan of arrangement, all outstanding shares of Gold Eagle.
Gold Eagle's principal asset is the world-class Bruce Channel gold discovery which is situated along the prolific Red Lake trend, adjacent to Goldcorp's Red Lake gold mine and immediately southwest of Goldcorp's past-producing Cochenour-Willans mine. This trans... (6 KB) |
|
Thu Jun 26, 2008 AGNICO-EAGLE MINES LIMITED MAKES A STRATEGIC INVESTMENT IN GOLD EAGLE MINES LTD. Agnico-Eagle Mines Ltd. has made a strategic investment in Gold Eagle Mines Ltd. (TSX: GEA) today through a non-brokered private placement of units of Gold Eagle. In addition, Eberhard Scherkus, PEng, the president and chief operating officer of Agnico-Eagle, has been appointed a director of Gold Eagle.
Agnico-Eagle strategic investment
Agnico-Eagle purchased a total of 5,524,862 Units at $9.05 per Unit for gross proceeds to Gold Eagle of approximately $50 Million. Each Unit consi... (4 KB) |
|
Tue May 27, 2008 Gold Eagle Mines Ltd. - Bruce Channel Exploration Target Potential Mr. Peter George reports
Gold Eagle Mines Ltd. (TSX: GEA) has released an exploration target potential for the Bruce channel which has been prepared by Peter George, PGeo, of Geoex Ltd. In Mr. George's opinion, the exploration target potential of the Bruce channel, based on the drilling completed to the end of 2007, is 14.1 million tonnes to 16.5 million tonnes grading between 20 grams gold per tonne to 25 grams gold per tonne, yielding an in situ potential of between 9.0 million to 13... (8 KB) |
|
Tue Dec 11, 2007 Progress Map of Deep Drill Hole on Broulan Reef Gold Project, Red Lake, NW Ontario DRILL HOLE BR07-1 IS ENCOUNTERING EXPECTED STRATIGRAPHY AS SHOWN.
THE HOLE IS ON TRACK TO ENTER AND TEST POTENTIAL OF THE BALMER. THE HOLE WILL BE IN THE BALMER AND ON STRIKE WITH THE "FINN ZONE" IDENTIFIED BY GOLD EAGLE MINES JUST NORTH OF OUR PROPERTY BOUNDAY.
Dave Busch, PGeo... (1 KB) |
|
Tue Aug 21, 2007 Cypress Reports No Exposure to non-performing Asset-Backed Commercial Paper Cypress Development Corp.'s management is pleased to report it has no exposure to non-performing asset-backed commercial paper that is currently being discussed in financial markets, and that all funds held in the Company's treasury are invested only in top-rated money market instruments with a major bank. (1 KB) |
|
Thu Jun 28, 2007 Cypress Update on Continuing Gunman Zinc Drill Program, Nevada Cypress Development announces that it continues with its previously announced Phase 1 diamond drill program on its Gunman Zinc Project in northeastern Nevada.
The Company has now completed 7 drill holes of an anticipated 12 -- 14 drill hole program. The footage drilled to date is approximately 6,000 feet in total.
The drill progra... (3 KB) |
|
Mon Jun 4, 2007 Gold Eagle Mines Releases FN Drill Results Adjacent North of Cypress' Broulan Reef Project, Red Lake Mr. John Whitton reports:
REGIONAL DRILLING PROGRAM INTERSECTS POTENTIAL NEW AREA OF GOLD MINERALIZATION BENEATH THE BRUCE CHANNEL
Gold Eagle Mines Ltd. (TSX: GEA) has released drill results on the FN series of holes on its 100-per-cent-owned Gold Eagle property in Red Lake, Ont. The Gold Eagle property is situated along the Red Lake trend, west of Goldcorp's Red Lake and Campbell mines and immediately southwest of Goldcorp's Cochenour-Willans mine.
Highlights:
The FN 1 series of hol... (9 KB) |
|
Tue Nov 21, 2006 SOUTHERN STAR / EXALL DRILLING INTERSECTS 108.3 G/T AU OVER 3.8 M AND 107.7 G/T AU OVER 3.9 M AND EXTENDS BRUCE CHANNEL GOLD DISCOVERY 200 METERS Reprint from Stockwatch of Southern Star Resources News Release regarding Drill Results on their Gold Eagle Project, which is "Adjacent to the North" of Cypress Development's Broulan Reef project
Mr. John Tait reports
SOUTHERN STAR DRILLING INTERSECTS 108.3 G/T AU OVER 3.8 M AND 107.7 G/T AU OVER 3.9 M AND EXTENDS BRUCE CHANNEL GOLD DISCOVERY 200 METERS
Southern Star Resources Inc. and Exall Resources Ltd.'s continuing drill program on its Gold Eagle property located in Red Lake... (2 KB) |
|
Wed Sep 27, 2006 Update on Summer / Fall 2006 Gold Exploration Deep Drill Program in Red Lake Cypress Development's management are pleased to provide an update from the field on the Company's summer / fall 2006 mineral exploration deep drill program in Red Lake, Northwestern Ontario.
Cypress continues to go forward with its summer / fall drill program on its 80% owned Broulan Reef gold project located in the heart of the Red Lake district gold camp.
The Company is on schedule to complete the previously ann... (2 KB) |
|
Wed Jul 5, 2006 Drilling Update on Broulan Reef, Verde, & Gunman Exploration Projects ... (1 KB) |
|
Wed Mar 22, 2006 New Broulan Reef Property Geology & Magnetometre Data and Drill Location Maps After several years of intense exploration in the Red Lake area, positive results are starting to pour in. What is surprising is that three new million + ounce deposits are currently being defined. What is perhaps more surprising is that all three are within or related to the Bruce channel sediments. This group of rocks had been actively avoided as a prospective gold host for many decades.
This fits well with the strategic acquisition of an 80% interest in the Broulan Reef property by Cypres... (1 KB) |
|
Fri Feb 17, 2006 Directors Trip to the Broulan Reef Project, Red Lake, Ontario Directors Trip to the Broulan Reef Project's newly initiated Drill Program February 2006
Donald Huston (President) and James Pettit (Director), Cypress Development Corp., have just completed a site visit to the new Broulan Reef (BR) project in Red Lake, Ontario.
The purpose of the trip was to consult with the Company's consulting geologist as to the size of the 2006 winter drill program on the BR claim group and to determine the location of the drill holes in relationship to the ne... (2 KB) |
|
Thu Feb 2, 2006 Cypress Provides Update On Ongoing Red Lake Winter Drill Program Cypress Development's President, Don Huston, is pleased to provide an update on the ongoing Phase I winter diamond drill program in the heart of the Red Lake gold district.
Holes #M01 - 06 and #M02 - 06 have now been competed on claim #1240977. The two holes were drill at a distance of approximately 400 metres apart in an east - west direction. The total depth drilled in both holes is approx. 640 metres. (Approx. 320 metres p... (2 KB) |
|
Wed Jan 18, 2006 McKenzie Island Project drilling program Update Red Lake, Ontario...McKenzie Island Project drilling program, Phase I - 2006
Cypress Development Corp.'s management is pleased to announce that the 2006 Phase I winter drill program has begun.
HOLE #M-01-06 was collared Friday January 13th at the northwest corner of claim block #1240977. Geophysical surveys conducted here have confirmed extensive geological alteration in an east - west direction across this claim block. The Company believes that the structure continues to exten... (0 KB) |