ADROIT RESOURCES INC.
(TSXV: ADT & FSE : A7V) News Release - January 10th, 2011
ANTIMONY EXPLORATION – RESOURCE CALCULATION DRILLING PLANNED
Vancouver, Canada, January 10 th , 2011. Adroit Resources Inc. (TSXV: ADT & FSE: A7V ) . Management is pleased to report that field work resumed in November 2010 on its wholly owned antimony permits in Grosseto Province, Italy. The ongoing program comprises soil and rock sampling, gro und geophysical surveying, geological mapping and d rilling. Drilling is planned to start in the second quarter of 2011 with the objective of producing compliant resource calc ulations contained within the Company’s exploration permits.
The antimony project covers four permits in the Man ciano region (some 50km South of Grosseto, the capi tal of the Province of Grosseto), by world standards, a historical sig nificant producer of antimony with several deposits mined over the past century. Production in the area ceased in the late 1980s with the closure of the Tafone Mine. Between 1966 and 1986 the area produced repordetly 950,000t of ore yielding over 16,500t of antimony metal.
The programme follows-up on extensive data compilat ion and interpretation as well as on reconnaissance surveying carried out since the renewal of the permits (see News Rel ease of March 26, 2010). The current programme aim s at confirming historical resource data and at testing the extent of the antimony mineralization in all of the four permits to produce compliant resource calculations.
Exploration and resource evaluation, carried out pr ior to the mine closures, indicated the presence of considerable historic antimony resources in the district and, more particularly, within the Company’s 100% owned permits. Work carried out in the 1980s on the Faggio Scritto prospect, astride the Poggio Pietricci and Faggio Scritto tenements, indicated the presence of over 2.8Mt of ore grading 0.77% Sb, yielding over 21,000 t of antimony metal, including a higher-grade zone of about 465,000t grading 1.58% Sb. The mineralization, which was nev er mined, occurs near surface, and remains open in several directions (See News Releases of June 13, 2007 and February 4, 2008). It occurs in close vicinity to the former M acchia Casella mine which reportedly produced over 1,100 tons of Sb met al from high-grade ore (>10%) between 1939 and 1953 . Historical workings carried out on the company’s other antimony prospects estimated resources of respectively 25,000t grading 1.3% Sb at Poggio Monticchio and 31,500 tonnes at 1.5% anti mony on the I Salaioli prospect. These resources re main open in several directions.
The above resource estimates and the historical dat a are non-conformable with National Instrument 43-1 01, “Standards of Disclosure for Mineral Deposits”. These historical reports have not yet been independently verified by the Company and the Company is not relying upon them.
The antimony mineralization occurs in close spatial and genetic relation with the gold mineralization, recognized in the area (see, amongst others, News Release of 22 D ecember 2006). Both occur preferentially in Mesozo ic carbonate-evaporitic formations, are associated wit h regional structural features and are related to r ecent igneous activity. The idealized prototype of a southern Tus can antimony deposit can be described as an irregul ar mineralization situated in the upper part of a high ly porous limestone unit, usually the Calcare Caver noso (“vuggy limestone”), overlain by an impermeable unit, norma lly a flysch-type rock. The deposits are bound to t he edge of horst positions and also to areas of elevated geothermal gradient and resulting hydrothermal activity.
Contd./.2..
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Antimony has many diversified and indispensable use s both for commercial and military applications. An timony prices recently soared as global demand surges and output considerably declined as Hunan province, China’s la rgest producing region, curbs output to comply with centr al government restrictions. China reportedly contri butes around 90 percent of world output.
Mr. Franceschi, a Qualified Person under the guidel ines of National Instrument 43-101, has reviewed an d approved the geological information contained in this news release.
Adroit Resources Inc. is a mineral exploration company that is currently exploring for Gold, Silver and Antimony in Grosseto Province, Italy and diamonds, precious and base metals in the Timmins/Shining Tree/Temagami/Cobalt and Bancroft areas of Ontario, Canada. In addition, Adroit is seeking new precious and base metal projects to add to its exp anding portfolio. The Company’s issued and outstanding share capital is 97,970,049.
On behalf of the Board of Directors
Graeme Rowland
Chairman and President
Adroit Resources Inc. 510 – 1190 Melville Street, Vancouver, B.C., V6E 3W1 (604) 688-3304 [email protected] web site: www.adroitresources.ca Blackwell (Corporate Advisor) (416) 364-3123 [email protected]
Note: The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
ADROIT RESOURCES INC.
(TSXV: ADT & FSE : A7V) News Release - January 10th, 2011
ANTIMONY EXPLORATION – RESOURCE CALCULATION DRILLING PLANNED
Vancouver, Canada, January 10 th , 2011. Adroit Resources Inc. (TSXV: ADT & FSE: A7V ) . Management is pleased to report that field work resumed in November 2010 on its wholly owned antimony permits in Grosseto Province, Italy. The ongoing program comprises soil and rock sampling, gro und geophysical surveying, geological mapping and d rilling. Drilling is planned to start in the second quarter of 2011 with the objective of producing compliant resource calc ulations contained within the Company’s exploration permits.
The antimony project covers four permits in the Man ciano region (some 50km South of Grosseto, the capi tal of the Province of Grosseto), by world standards, a historical sig nificant producer of antimony with several deposits mined over the past century. Production in the area ceased in the late 1980s with the closure of the Tafone Mine. Between 1966 and 1986 the area produced repordetly 950,000t of ore yielding over 16,500t of antimony metal.
The programme follows-up on extensive data compilat ion and interpretation as well as on reconnaissance surveying carried out since the renewal of the permits (see News Rel ease of March 26, 2010). The current programme aim s at confirming historical resource data and at testing the extent of the antimony mineralization in all of the four permits to produce compliant resource calculations.
Exploration and resource evaluation, carried out pr ior to the mine closures, indicated the presence of considerable historic antimony resources in the district and, more particularly, within the Company’s 100% owned permits. Work carried out in the 1980s on the Faggio Scritto prospect, astride the Poggio Pietricci and Faggio Scritto tenements, indicated the presence of over 2.8Mt of ore grading 0.77% Sb, yielding over 21,000 t of antimony metal, including a higher-grade zone of about 465,000t grading 1.58% Sb. The mineralization, which was nev er mined, occurs near surface, and remains open in several directions (See News Releases of June 13, 2007 and February 4, 2008). It occurs in close vicinity to the former M acchia Casella mine which reportedly produced over 1,100 tons of Sb met al from high-grade ore (>10%) between 1939 and 1953 . Historical workings carried out on the company’s other antimony prospects estimated resources of respectively 25,000t grading 1.3% Sb at Poggio Monticchio and 31,500 tonnes at 1.5% anti mony on the I Salaioli prospect. These resources re main open in several directions.
The above resource estimates and the historical dat a are non-conformable with National Instrument 43-1 01, “Standards of Disclosure for Mineral Deposits”. These historical reports have not yet been independently verified by the Company and the Company is not relying upon them.
The antimony mineralization occurs in close spatial and genetic relation with the gold mineralization, recognized in the area (see, amongst others, News Release of 22 D ecember 2006). Both occur preferentially in Mesozo ic carbonate-evaporitic formations, are associated wit h regional structural features and are related to r ecent igneous activity. The idealized prototype of a southern Tus can antimony deposit can be described as an irregul ar mineralization situated in the upper part of a high ly porous limestone unit, usually the Calcare Caver noso (“vuggy limestone”), overlain by an impermeable unit, norma lly a flysch-type rock. The deposits are bound to t he edge of horst positions and also to areas of elevated geothermal gradient and resulting hydrothermal activity.
Contd./.2..
-2-
Antimony has many diversified and indispensable use s both for commercial and military applications. An timony prices recently soared as global demand surges and output considerably declined as Hunan province, China’s la rgest producing region, curbs output to comply with centr al government restrictions. China reportedly contri butes around 90 percent of world output.
Mr. Franceschi, a Qualified Person under the guidel ines of National Instrument 43-101, has reviewed an d approved the geological information contained in this news release.
Adroit Resources Inc. is a mineral exploration company that is currently exploring for Gold, Silver and Antimony in Grosseto Province, Italy and diamonds, precious and base metals in the Timmins/Shining Tree/Temagami/Cobalt and Bancroft areas of Ontario, Canada. In addition, Adroit is seeking new precious and base metal projects to add to its exp anding portfolio. The Company’s issued and outstanding share capital is 97,970,049.
On behalf of the Board of Directors
Graeme Rowland
Chairman and President
Adroit Resources Inc. 510 – 1190 Melville Street, Vancouver, B.C., V6E 3W1 (604) 688-3304 [email protected] web site: www.adroitresources.ca Blackwell (Corporate Advisor) (416) 364-3123 [email protected]
Note: The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.