EDM Resources Inc. Provides the Following Update on the Company's Current Exploration Activities At Its Eastville Base Metals Prospect in Eastern Nova Scotia, Canada
slate unit defines the Halifax Group, and the quartzite lithology defines the Goldenville group. Historical and academic reports of the project describe a transition zone between the two groups which in this model was marked by a Calcareous Quartzite unit. Given the condition of the core, and density of drilling this was the highest resolution to which lithologies could be modelled at this time. The contacts between the units dip between 40 and 60 degrees to the Southeast. Mineralization Model: Sphalerite and Galena mineralization at Eastville is interpreted to be strata-bound, parallel to stratigraphy. As such, the contact between the Halifax group slates and Goldenville quartzites was used as an informing trend in all models of mineralization. A bivariate analysis of Zn and Pb values in historical analyses reveals that the two metals are linearly correlated and do not occur independent of each other. Therefore, mineralization models are based on a numerical value of %Zn + %Pb instead of creating separate models for the distribution of each metal. A subjective mineralization model was created by manually
selecting and correlating mineralized drill intercepts exceeding a composite grade of 0.5% Zn + Pb from historical drill data. Unsampled intervals are assumed to be 0% Pb+Zn.