Typhoon Exploration Inc.(TSX VENTURE: TYP) has the pleasure to
reveal conclusion results of the ongoing 3D Gocad Geoscientific
Compilation on the Fayolle Property.
The main objective of the compilation was to modellize the
mineralized zones by entering and treating all the available data
using GOCAD software in order to permit a better understanding of
the deposits as well as to identify several pertinent anomalous
zones and/or coincident anomalies (geological, geochemical and
geophysical) near and around the Fayolle deposit and other
occurrences (Mc Donald, Vang, Junior, Quebelle, Destorbelle and
Aiguebelle-Goldfields). By extrapolation, the modelling will also
help identify other important mineralized targets elsewhere on the
property. Using drill sections and level plans, it was decided to
group intermediate dykes and auriferous envelopes into families in
order to facilitate the interpretation in 3D with GOCAD software.
The following broad guidelines were retained during the 3D
modelling in order to target other potential prospective areas for
gold exploration.
Intermediate dyke systems and mineralized auriferous envelopes
were defined using a simple 3D Model. This was accomplished with
the help of drill sections and level plans.
Figure 1: http://media3.marketwire.com/docs/enImage1.jpg
The following elements are the most important elements retained
during modelling in order to better target the other zones of high
favorability for the exploration for gold mineralizations.
1) The compilation of the ground and airborne magnetic data
clearly shows that the gold mineralizations of the Fayolle deposit
as well as the Mc Donald, Vang, Junior, Quebelle, Destorbelle and
Aiguebelle-Goldfields occurrences are located in the transition
zone between low and high magnetic susceptibilities corresponding
to a geological environment of komatiite and/or tufaceous units
(Press Release of September 1, 2009).
Figure 2: http://media3.marketwire.com/docs/enImage2.jpg
2) In the Fayolle deposit and Mc Donald and Junior occurrences,
the Normat alteration index (IAB) corresponding to an abtitization
zone show two (2) strong anomalies of NW-SE orientation which are
parallel to the North Manneville and Aiguebelle deformation
corridors.
Figure 3: http://media3.marketwire.com/docs/enImage3.jpg
3) The Normat ankeritization index (IANK) underline 2 distinct
axes, one NW-SE which is truncated by a second NNE-SSW increasing
in intensity toward the NNE. In the SE part, two (2) strong
anomalies were recognized and will be explored more in detail. In
the NW part, a small anomaly corresponds to DDH FA-08-02 which will
also be investigated by the future exploration efforts.
Figure 4: http://media3.marketwire.com/docs/enImage4.jpg
4) The Fayolle deposit is located immediately south of an E-W
structure (fault) showing a dextral displacement of approximately 2
kilometers. The airborne magnetic survey highlights several other
E-W structures. The Mc Donald, Junior, Quebelle,
Aiguebelle-Goldfields and Destorbelle showings are also located at
the south fringe of these E-W structures. Several NE-SW and N-S
faults were interpreted from the magnetic survey.
Figure 5: http://media3.marketwire.com/docs/enImage5.jpg
5) During the data compilation, a new software GOCAD module
(Targeting Workflow) was used and the assistance of Mrs. Francine
Fallara, M.Sc. for URSTM. This module uses a statistical and
probabilistical approach. In using this, several favourable sectors
were identified for future exploration efforts. Based on five (5)
basic elements recognized at the Fayolle deposit, these favourable
exploration zones were observed. The five (5) used criteria
were:
1) the magnetic susceptibility;
2) the Normat fire loss index (IPAF);
3) the Normat ankeritization index (IANK);
4) the Normat albitization index (IAB);
5) and the auriferous values.
The objective was to optimize the relationship between the
magnetic susceptibility and albite, ankerite alterations and fire
loss for the auriferous values for two (2) distinct ranges of assay
values: less than 5 ppb to 50 ppb Au and from 50 ppb to 133,000 ppb
Au. From these relationships, 2 percentile limits were chosen on
the whole Voxet at the property scale.
The herebelow figure shows the targets which were defined for
percentile 90. The Fayolle deposit and the Mc Donald showing live
up along a NW-SE oriented axis.
Figure 6: http://media3.marketwire.com/docs/enImage6.jpg
A large probability or favourability zone is located 700 metres
SE of the Mc Donald showing. According to the modelled constructed
vertical view of this favourability target, this zone would reach a
vertical depth of 400 metres.
Figure 7: http://media3.marketwire.com/docs/enImage7.jpg
The favourability model using a percentile 95 (Figure herebelow)
shows again three (3) favourable zones which were identified using
a percentile 90, but four (4) additional favourability zones stand
out using the 95 percentile.
Four (4) favourability zones were identified inside a corridor
of 2.5 km E-O by approximately 1.0 km NS from surface to more than
250 meters vertical. This favourable corridor includes a large zone
in the south part of the Aiguebelle-Goldfields occurrence
(Agnico-Eagle Mines option) and a strong favourability zone at more
than 700 meters to the SE of the Mc Donald showing where an old DDH
(AIG-97-14) had revealed anomalous gold values with more than 200
ppb Au within a porphyritic tonalite.
Figure 8: http://media3.marketwire.com/docs/enImage8.jpg
6) At Kerr Addison, Kishida and Kerrich (1987) calculated 3K/Al
and Na/Al mole ratios to quantify the degree of sodium and
potassium saturation for all lithologies. They inferred that sodium
had been concentrated in albite, and potassium in sericite or
fuchsite. Pure albite shows a Na/Al mole ratio of 1, whereas pure
sericite or fuchsite shows a 3K/Al ratio of 1. Consequently, as the
ratio approaches a value of 1, the degree of saturation in sodium
and potassium progressively increases. The amount of sodium in a
rock varies according to the availability of aluminium, thus by
dividing Na and 3K by Al, it becomes possible to compare different
lithologies. By adding the two ratios, the degree of saturation for
sodium and potassium are monitored at the same time. This study was
carried out on the Fayolle property and gave interesting results
targeting certain sectors which correspond with those of the study
by GOCAD's "Targeting Workflow" module.
Figure 9: http://media3.marketwire.com/docs/enImage9.jpg
The Fayolle property is located in the Rouyn-Noranda mining
camp. It overlies the famous Destor-Porcupine Tectonic zone and
Manneville North deformation zone where these structures form a "Y"
junction (shadow zone). The Destor-Porcupine Tectonic zone is host
to several well-known gold deposits (past and present producers
such as Kerr Addison (11M oz Au), Holloway (4.29 Mt @ 5.7 g/t Au),
Holt-McDermott (7.42 Mt @ 5.6 g/t Au)). Typhoon Exploration's
Fayolle Property is located along 15 kilometres of this favourable
deformation corridor, which runs from eastern Ontario across
western Quebec in Abitibi.
The Fayolle deposit contains 848,600 tonnes at 1.4 g/t Au of
Indicated resources and 6,568,600 tonnes at 0.7 g/t Au of Inferred
resources (Press Releases January 19th and February 21st, 2007).
These resources are NI 43-101 compliant.
NOTE
Typhoon Exploration had $1,287,500 in non-reserved cash and has
no debt, furthermore there are only 12 971 120 shares in
circulation on the present.
Mr. Daniel Gaudreault, P. Eng. Geo. (OIQ), is the Qualified
Person (QP), has prepared this Press Release in conformity with NI
43-101.
The common shares of Typhoon Exploration are listed on the
Venture Stock Exchange under the symbol "TYP".
Statements in this release that are not historical facts are
"forward-looking statements" within the meaning of the U.S. Private
Securities Litigation Reform Act of 1995. Readers are cautioned
that any such statements are not guarantees of future performance,
and that actual developments or results may vary materially from
those in these "forward-looking statements". The TSX Venture
Exchange does not accept responsibility for the adequacy or
accuracy of this release.
Contacts: David Mc Donald, President and CEO 450-622-4066
450-622-4337 (FAX) Toll-free: 1-877-622-4004
info@explorationtyphon.com
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