IBC Advanced Alloys Corp.(TSXV:IB) provided a progress report from its 2011 exploration program at Juab County. IBC have selected ALS-Minerals to carry out geochemical analysis on approximately 5,000 samples from the 2011 program.
As quoted in the press release:
More than 750 samples from four of the exploration drill holes have been submitted to the laboratory for analysis with preliminary results expected in the near term. The Company expects to complete processing of drill samples and receive analysis of all samples by the end of May 2012. Microscopic examination of drill cuttings has shown that several of the drill holes encountered the Bell Hill Dolomite as well as large quantities of lavender-coloured fluorite that is usually associated with beryllium mineralization in this area.
IBC, VP of Exploration, Lee Rice, said:
The drilling program progressed very smoothly with good to excellent sample recovery thanks to the Layne Christensen Company drillers and equipment. Our initial examination of drill hole samples indicates that we have tested the complete suite of rocks in this depositional environment and that our hypothesis of deposition from hot ascending fluids rather than from descending meteoric waters appears to be confirmed.