|By Marketwired .||
|May 20, 2014 10:48 AM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/20/14 --
Editors Note: There is a photo associated with this press release.
Colombian Mines Corporation ("Colombian Mines" or the "Company") (TSX VENTURE:CMJ)(FRANKFURT:X6C) is pleased to report interpretation of high resolution airborne magnetometry and radiometric surveys has been completed at Mercedes. State of the art modeling and interpretation has identified 20 highly prospective anomalies within a newly identified structural corridor more than eight (8) kilometers long and six (6) kilometers wide that is bound by a distinct geophysical lineament termed the DWI trend. The Company has previously reported sample results from surface outcrops within the DWI trend ranging from 264 to 1,120 grams per metric tonne silver (g/T Ag), 0.992 to 49.8 grams per metric tonne gold (g/T Au) and 3.88 to 26.47% copper (Cu). Magnetic and radiometric anomalies indicate potential to expand these occurrences and discover additional vein and porphyry style mineralization on the property.
Using "state of the art" software and interpretation techniques including 3D magnetic vector inversion voxel modeling, consulting geophysicist, Robert Ellis, with EGC Inc. of Reno, Nevada prepared additional products from the high resolution airborne magnetic and radiometric data collected by MPX Geophysics, the acquisition contractor. The approach was to invert the aeromagnetic data to a 3D solid of the magnetic susceptibility. This process creates a block model (voxel) of magnetic susceptibility that's computed effect fits the observed total field response within specified parameters. Depth plans and sections were generated through the susceptibility model to more easily compare known geology with estimates of the depth and geometry of magnetic sources.
Maps of the Magnetization Vector Inversion ("MVI") Susceptibility Amplitude taken at 200 meters below the surface and the Vertical Derivative Reduced to Pole ("VDRTP") clearly show the DWI trend and interpreted graben. The map of the MVI Susceptibility Amplitude may be viewed by clicking here and the VDRTP may be viewed by clicking here or visiting the Mercedes project section of the Company's website. A composite level model of the magnetic susceptibility from the surface to 2,000 meters is available for viewing on the Company's website or by clicking here.
Magnetic and radiometric anomalies indicate east-west, west-northwest and northwest tensional "pull apart" structures within the structural corridor. Tensional structures commonly form low pressure, open spaces, critical for the movement and deposition of vein minerals from metal bearing fluids. The large Quebrada Cobre vein with a strike length of roughly seven (7) kilometers and observed vein widths locally approaching 30 meters is considered by the Company to be one such vein structure. The Company believes there is high potential to discover other similar structures within this corridor. Similar corridors with tensional structures host major mineral deposits in Colombia and around the world. Virtually all of the mineralization in the California and Vetas districts of Colombia is related to a similar system.
The completion of the inversion modeling and the resulting interpretation is an important step forward in the exploration and understanding of the Mercedes project. To date all known high grade mineral occurrences but one, are located within the structural corridor and the bounding DWI trend. Zones of high magnetization flank the structural corridor and are interpreted to be dominated by intrusive rocks with strong potential to host porphyry style mineralization.
About Mercedes: The 100% owned, 5,000 hectare, Mercedes contract covers a district scale volcano-sedimentary hosted, intermediate sulfidation epithermal system with outcropping high grade gold-silver-copper mineralization. Surface reconnaissance of the principal belt of mineralization which includes Fillon Amarillo (Yellow Ridge), the Don Wilson and Imba zones has returned sample results from surface outcrops as previously reported by the Company ranging from .992 to 49.8 g/T Au, 264 to 1,120 g/T Ag and 3.88 to 26.47% Cu over an area roughly 2.8 kilometers long and 1 kilometer wide. Work to date indicates at least three similar sub-parallel belts of mineralization within the interpreted graben. Potential also may exist to discover high grade, sediment hosted gold - copper mineralization in fissile calcareous shale units within the volcano-sedimentary sequence and in carbonate platform units believed to underlie the volcano-sedimentary sequence.
El Dovio: The Company also advises that drilling is ongoing at its El Dovio project. Core form holes SB14-01, SB14-02 and SB14-03 is now in the Company's core facility in Medellin. The Company expects to have all samples for these holes delivered to SGS's Medellin laboratory by May 23. Drilling operations have been moved from the Sabana Blanca zone to the Brazo 1 target zone. Drilling in the Brazo 1 zone will test down dip projections of surface mineralization in an area where the Company has previously announced composite channel sample results averaging 13.6 g/T Au, 10.75 g/T Ag and 1.6% Zn over two (2) meters within a broader nine (9) meter wide zone that averaged 3.8 g/T Au, 4.1 g/T Ag and 0.6% Zn.
Robert G. Carrington is the Company's designated Qualified Person within the meaning of NI 43-101 and has reviewed and validated the technical information contained in this release.
About Colombian Mines Corporation: Colombian Mines Corporation is an aggressive exploration and development stage company with a distinct "first mover" advantage in Colombia. Focused on developing shareholder value through exploration and development of key projects, the Company is also one of Colombia's leading "prospect generators". Further information can be found on our website at www.colombianmines.com.
Robert G. Carrington, President & CEO
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Colombian Mines Corporation. Actual results may differ materially from those currently anticipated in such statements.
To view the photo associated with this press release, please visit the following link: http://www.marketwire.com/library/20140520-CMJ_NR_140520Map800.jpg
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem" ...
Feb. 22, 2017 06:00 AM EST Reads: 5,209
Both SaaS vendors and SaaS buyers are going “all-in” to hyperscale IaaS platforms such as AWS, which is disrupting the SaaS value proposition. Why should the enterprise SaaS consumer pay for the SaaS service if their data is resident in adjacent AWS S3 buckets? If both SaaS sellers and buyers are using the same cloud tools, automation and pay-per-transaction model offered by IaaS platforms, then why not host the “shrink-wrapped” software in the customers’ cloud? Further, serverless computing, cl...
Feb. 22, 2017 06:00 AM EST Reads: 1,797
“We're a global managed hosting provider. Our core customer set is a U.S.-based customer that is looking to go global,” explained Adam Rogers, Managing Director at ANEXIA, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Feb. 22, 2017 05:45 AM EST Reads: 1,641
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Feb. 22, 2017 04:45 AM EST Reads: 538
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
Feb. 22, 2017 04:15 AM EST Reads: 194
The speed of software changes in growing and large scale rapid-paced DevOps environments presents a challenge for continuous testing. Many organizations struggle to get this right. Practices that work for small scale continuous testing may not be sufficient as the requirements grow. In his session at DevOps Summit, Marc Hornbeek, Sr. Solutions Architect of DevOps continuous test solutions at Spirent Communications, explained the best practices of continuous testing at high scale, which is rele...
Feb. 22, 2017 03:15 AM EST Reads: 5,481
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
Feb. 22, 2017 03:00 AM EST Reads: 2,022
Hardware virtualization and cloud computing allowed us to increase resource utilization and increase our flexibility to respond to business demand. Docker Containers are the next quantum leap - Are they?! Databases always represented an additional set of challenges unique to running workloads requiring a maximum of I/O, network, CPU resources combined with data locality.
Feb. 22, 2017 02:45 AM EST Reads: 2,003
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Feb. 22, 2017 02:00 AM EST Reads: 12,967
"A lot of times people will come to us and have a very diverse set of requirements or very customized need and we'll help them to implement it in a fashion that you can't just buy off of the shelf," explained Nick Rose, CTO of Enzu, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Feb. 22, 2017 01:45 AM EST Reads: 6,038
Feb. 22, 2017 01:30 AM EST Reads: 4,118
As software becomes more and more complex, we, as software developers, have been splitting up our code into smaller and smaller components. This is also true for the environment in which we run our code: going from bare metal, to VMs to the modern-day Cloud Native world of containers, schedulers and micro services. While we have figured out how to run containerized applications in the cloud using schedulers, we've yet to come up with a good solution to bridge the gap between getting your contain...
Feb. 22, 2017 01:30 AM EST Reads: 3,524
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Feb. 22, 2017 01:15 AM EST Reads: 5,519
Who are you? How do you introduce yourself? Do you use a name, or do you greet a friend by the last four digits of his social security number? Assuming you don’t, why are we content to associate our identity with 10 random digits assigned by our phone company? Identity is an issue that affects everyone, but as individuals we don’t spend a lot of time thinking about it. In his session at @ThingsExpo, Ben Klang, Founder & President of Mojo Lingo, discussed the impact of technology on identity. Sho...
Feb. 22, 2017 12:30 AM EST Reads: 5,326
Information technology (IT) advances are transforming the way we innovate in business, thereby disrupting the old guard and their predictable status-quo. It’s creating global market turbulence. Industries are converging, and new opportunities and threats are emerging, like never before. So, how are savvy chief information officers (CIOs) leading this transition? Back in 2015, the IBM Institute for Business Value conducted a market study that included the findings from over 1,800 CIO interviews ...
Feb. 22, 2017 12:30 AM EST Reads: 1,643