HIGH GRADE TRENCHES RESULTS ON
BOLSA DEL DIABLO
SAINTE-FOY, April 27, 2006. Plexmar Resources Inc. (TSX-V:PLE), is pleased to
announce results from its Bolsa del Diablo property. Results from 60 samples were received
from the ALS Chemex lab located in Lima.
A total of 4 trenches, all located on the Angolos concession, were dug down to an average
depth of 1 meter and samples were systematically taken every 2 meters over their lengths.
Trench ALSM, 10 meters long, returned an average of 43.46 g/t Au
Trench SAJ, 16 meters long, returned an average of 38.48 g/t Au.
Trench SA1J , 24 meters long, returned an average of 16.02 g/t Au.
Trench ALDM, 24 meters long, returned an average of 3.26 g/t Au.
The first three trenches (ALSM, SAJ and SA1J) all followed newly uncovered vein structures
with vein widths varying from 0.15m to 0.5m. The new veins are located in altered volcanic
rocks 1,000 meters northeast of the principal vein in the northeast corner of the Angolos
concession. The fourth trench was dug on a silica cap, in altered volcanic rocks near the
principal vein.
Also, Pit No.10 located in the altered volcanics near the principal vein, some 20 meters
southeast of previously reported Pit no.4, was sampled over its full depth of 40 meters
Twenty samples each representing a 2 meter vertical interval of the pit were taken
and returned an average grade of 3.96 g/t Au over a depth of 40 meters.
There are over 100 pits located in an area covering an area of 116,000 m2 on the Angolos
and Molinetes concessions. So far, only 10 pits have been sampled.
Plexmar’s management and technical team is very pleased with these results. Guy Bédard,
president says: ‘’The presence of gold in the volcanic and intrusive rocks seem to indicate
that we are getting closer to the center of this large mineralizing system. High grade gold
near the surface is very unusual and very exciting and is promising for might lie below.”
Field crews will continue mapping and sampling for the next month and a half. Trenches will
be dug in the areas below the silica caps, in topographic lows, where geologists believe that
the potential for a large tonnage deposit exists. Competitive bids have been asked from
geophysical contractors to carry out a full airborne magnetic survey over the whole project
and also for ground induced polarization to help define drill targets.
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The recent results from Bolsa del Diablo show that gold occurs in three types of
emplacement mechanism within the inferred structural corridor. The relationship between
these types of mineralization and spatial occurrences has yet to be defined and will require
more work.
However, they indicate the potential for a large mineralizing event that could lead to the
discovery of a large tonnage low grade deposit.
Results from the other 60 samples still being assayed will be released as soon as possible
along with other samples being presently shipped to ALS Chemex.
All samples are analyzed by ALS Chemex in Lima. Guy Bédard, president, acted as the QP
for the preparation of this news release.
On Bolsa del Diablo
Plexmar controls over 220 km2 of land in Northern Peru near the border with Ecuador. Over
400 artisan miners are pulling gold on a daily basis from trenches or pits located in an area
measuring approximately 6km2 roughly centered within Plexmar's main claim block. The
zone is characterized by low to intense silica and clay hydrothermal alteration. All the
volcanic rocks in the area of interest show pervasive argillic alteration and have developed
very intense stockwork structures. Gold mineralization occurs partly as fracture fillings in the
stockwork and also as dissemination throughout the rock. Limonitization is pervasive
throughout the rock. This intense stockwork was observed in numerous places on the
property.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of
this release.
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FOR FURTHER INFORMATION PLEASE CONTACT:
Paradox Public Relations
1-866-460-0408
1-514-341-0408
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