Trade Winds pulls gold at Detour (January 28, 2005)

Drilling by Trade Winds Ventures (TWD-V) has intersected gold mineralization on the Detour West gold property in northeastern Ontario.

Trade Winds, which is earning a 60% interest in the property from Gowest Amalgamated Resources (GWA-V), finished a 2,400-metre drill program on the property in late November. The program was meant to test for extensions of the known M Zone on the property immediately to the east, where Trade Winds is earning a 50% interest from Pelangio Mines (PLG-V).

Drilling on the M Zone extension on Gowest’s ground intersected multiple zones of quartz veining in basalt flows and felsic dykes. Gold grades were highly variable but in one wedged hole there were a number of high-grade intersections, including:

• 11.2 grams gold per tonne over 2 metres
• 9.3 grams gold per tonne over 1 metre
• 13 grams gold per tonne over 1 metre
• 37.4 grams gold per tonne over 1 metre, and
• 17.8 grams gold per tonne over 1 metre

Further assays are pending.