|By Marketwired .||
|July 30, 2014 07:09 PM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/30/14 -- Iron Creek Capital Corp. (TSX VENTURE:IRN) ("Iron Creek") is pleased to provide an update on Kinross Minera Chile Limitada's ("Kinross") exploration activities at Iron Creek's Las Pampas project in northern Chile.
Over the last three months, geological mapping by Kinross confirmed potential for Au-Ag veins along the Cerritos Trend and possibly Acarreos, and identified a new area of interest at the southern end of the property at Cerro Jarosita. Kinross also continued sampling activities started by Iron Creek and submitted samples to laboratories. Kinross plans to continue detailed geological mapping, trenching and rock chip sampling at Las Pampas, located to the south of Yamana Gold's (TSX: YRI) El Penon and Fortuna mines.
Kinross is a wholly owned subsidiary of Kinross Gold Corp. (TSX-TO: K) and has the sole and exclusive option and right to acquire up to a 75% undivided interest in Iron Creek's Las Pampas mining concessions located in northern Chile by complying with the terms and conditions set out in the Option Agreement (the "Agreement") signed in April 2014. Further details of the Agreement can be found in Iron Creek's news releases dated August 8, 2013 and April 14, 2014.
Update on Exploration Activities at Las Pampas
Since signing the Agreement Kinross has set up a field base out of the northern port city of Antofagasta in order to support field activities at Las Pampas. Some 3,200 soil/colluvial samples, previously collected by Iron Creek, were submitted to the ALS analytical laboratory in La Serena. These soil/colluvial samples were part of an infill programme covering an approximately 10Km x 2Km arsenic and antimony anomaly along the Cerritos Trend highlighted from previous regional sampling campaigns undertaken by Iron Creek. Further, over 400 soil/colluvial, rock chip and float samples collected by Kinross from the project area were also sent for geochemical analysis. Kinross has also completed detailed geological mapping campaigns over parts of the project area, using both in-house and consultant geologists, including an analysis of the structural framework and hydrothermal alteration patterns.
Preliminary results from the geological mapping to date have confirmed the importance of the Cerritos Sur, Cerritos Norte, Cerros Bayos series of low hills as having prospectivity for Au-Ag veins. The hills represent a series of small, uplifted fault blocks that lie along one of the principal geochemical anomalies within the project area - the "Cerritos Trend" - mostly defined by arsenic and antimony anomalies - two of the key pathfinder elements in epithermal, low sulphidation vein systems.
A key area previously identified by Iron Creek geologists showing a distinct consistency in the continuity of veins that appear to be of Epithermal Low Sulphidation to Intermediate Sulphidation type, coinciding with broad areas of vein float and the presence of hydrothermal breccias. Minor gold and silver drill intercepts were previously reported by Iron Creek in this area.
Continuous, narrow, sub-parallel quartz veins are present at Cerritos Norte, and wide drill intercepts of anomalous silver with sporadic gold were previously reported by Iron Creek from this area. Kinross concludes that more mapping is recommended to try and develop further potential.
Surficial sinter and/or chalcedonic silica replacement of volcano-sedimentary units at Cerros Bayos may be related to targets further to the east.
The Acarreos area is characterised by significant arsenic and lesser antimony soil/colluvial anomalies from previous work carried out by Iron Creek, together with several areas of quartz vein float, thought to indicate possible underlying vein potential.
Kinross geologists have noted gossanous jarosite-silica alteration associated with high arsenic anomalies. The alteration anomaly can be seen consistently in a narrow, elongate zone some 50m x1200m in size and which has been interpreted as the weathered expression of sulphide rich feeders.
Kinross geologists have carried out transects and more detailed mapping on 100m line spacing traversing the breadth of the Las Pampas concessions around the target areas identified by Iron Creek. A new area of interest has been discovered at Cerro Jarosita, at the southern end of the property.
This target area consists of a hydrothermal alteration footprint covering approximately 1.2Km x 0.3Km, displaying pervasive opaline silica replacements with associated iron-oxide boxworks and oxidized sulphide veinlets. Initial interpretations suggest the possibility of encountering the shallow exposure levels of epithermal veins.
Kinross plans to continue the detailed geological mapping already initiated, complemented by additional trenching and rock chip sampling of altered outcrops. A consultant geochemist will also be contracted to help interpret the voluminous geochemical data available for the project.
About Las Pampas Property
Iron Creek's 100% owned Las Pampas Property is an approximately 50,000 hectare land package located in an exceptional position along the highly prospective Palaeocene mineral belt in northern Chile. The property is centred along strike and approximately 35Km southwest of the multi-million ounce gold and silver mining district at El Penon and related deposits. Previous exploration activities by Iron Creek and its previous partners, including drilling, have returned excellent geological, geochemical and geophysical results indicative of low sulphidation epithermal bonanza precious metals veins - the main target type sought - together with evidence for possible disseminated precious metals targets and deep porphyry copper targets. Further details can be obtained from Iron Creek's website:
Dr. Demetrius Pohl, PhD., Certified Professional Geoscientist (CPG), an independent consultant, is the Company's Qualified Person for the purposes of National Instrument 43-101 Standards of Disclosures for Mineral Projects of the Canadian Securities Administrators, and has approved the written disclosure of the technical information contained in this news release.
About Iron Creek
Iron Creek Capital Corp. is a Vancouver-based exploration company focused on the acquisition and exploration of world-class mineral systems in Chile. The Company has assembled a portfolio of exploration projects prospective for gold, silver and copper mineralization.
ON BEHALF OF THE BOARD
Timothy J. Beale, President
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 Iron Creek Capital Corp. Actual results may differ materially from those currently anticipated in such statement.
To view accompanying maps, visit the following link: http://media3.marketwire.com/docs/IRNNRJuly302014maps.pdf
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
Mar. 27, 2017 04:00 AM EDT Reads: 969
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service.
Mar. 27, 2017 03:45 AM EDT Reads: 2,935
Niagara Networks exhibited at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. Niagara Networks offers the highest port-density systems, and the most complete Next-Generation Network Visibility systems including Network Packet Brokers, Bypass Switches, and Network TAPs.
Mar. 27, 2017 03:15 AM EDT Reads: 3,124
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
Mar. 27, 2017 03:00 AM EDT Reads: 2,956
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you ...
Mar. 27, 2017 02:15 AM EDT Reads: 4,133
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Mar. 27, 2017 01:45 AM EDT Reads: 2,876
Virtualization over the past years has become a key strategy for IT to acquire multi-tenancy, increase utilization, develop elasticity and improve security. And virtual machines (VMs) are quickly becoming a main vehicle for developing and deploying applications. The introduction of containers seems to be bringing another and perhaps overlapped solution for achieving the same above-mentioned benefits. Are a container and a virtual machine fundamentally the same or different? And how? Is one techn...
Mar. 27, 2017 01:45 AM EDT Reads: 2,947
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Mar. 27, 2017 01:15 AM EDT Reads: 1,816
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Mar. 27, 2017 12:45 AM EDT Reads: 2,012
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
Mar. 27, 2017 12:30 AM EDT Reads: 827
China Unicom exhibit at the 19th International Cloud Expo, which took place at the Santa Clara Convention Center in Santa Clara, CA, in November 2016. China United Network Communications Group Co. Ltd ("China Unicom") was officially established in 2009 on the basis of the merger of former China Netcom and former China Unicom. China Unicom mainly operates a full range of telecommunications services including mobile broadband (GSM, WCDMA, LTE FDD, TD-LTE), fixed-line broadband, ICT, data communica...
Mar. 27, 2017 12:00 AM EDT Reads: 3,326
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, will discuss some of the security challenges of the IoT infrastructure and relate how these aspects impact Smart Living. The material will be delivered i...
Mar. 26, 2017 09:45 PM EDT Reads: 2,042
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...
Mar. 26, 2017 09:45 PM EDT Reads: 7,583
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
Mar. 26, 2017 08:30 PM EDT Reads: 6,134
As organizations realize the scope of the Internet of Things, gaining key insights from Big Data, through the use of advanced analytics, becomes crucial. However, IoT also creates the need for petabyte scale storage of data from millions of devices. A new type of Storage is required which seamlessly integrates robust data analytics with massive scale. These storage systems will act as “smart systems” provide in-place analytics that speed discovery and enable businesses to quickly derive meaningf...
Mar. 26, 2017 07:45 PM EDT Reads: 9,595