Orbite Files its 43-101 Technical Report About its Grande-Vallee Site
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MONTREAL, QUEBEC, Aug 27 (MARKET WIRE) --
EXPLORATION ORBITE V.S.P.A. INC. (TSX VENTURE: ORT.A) ("Orbite")
announces the filing of its first technical report compiling the work
done on aluminous clay of its Grande-Vallee, Gaspesie site, composed of
over 58 cells covering 3,232 hectares. The report focuses exclusively on
a part of Zone A.
The exploration program implemented included the cartography of
fragmentary claystone zones, stripping and trench work on those zones in
order to delimit and sample underlying claystone units and drillings to
establish the depth of the claystone units.
As of today, five fragmentary clay and claystone zones associated to
claystone outcrops have been localized and identified by the letters A,
B, C, D and E. Only zone A has been evaluated with excavations, trenches
and drillings.
Our research delimited the zone, up to a depth of 100 meters, claystone
rock volume of 36.9 million tons with an average of Al2O3 grade of 24%,
including 2.6 tons of fragmentary claystone (or altered claystone) of an
average Al2O3 grade of 24%, 33.6 million tons of clayston rock with an
average Al2O3 grade of between 23 to 26 % and 700,000 tons of claystone
rock of a lower Al2O3 grade of between 18 to 21%.
The technical report was prepared by Henri-Louis Jacob,
engineer-geologist, in accordance with the NI 43-101 and is available at
www.sedar.com.
"These promising results exceeded our expectations. Zone A only
represents 0.9% of our property and we are impatiently awaiting the
results of the additional work currently being performed on zones A, B, D
and E", declared Richard Boudreault, Orbite's president. "The conclusive
results are an indicator of the economic potential of our project for the
Gaspesie region", concluded Mr. Boudreault.
About Orbite
Exploration Orbite VSPA Inc. is the 100% holder of mineral rights
relating to the Grande-Vallee property which consists in over 58
aluminous clay cells covering 3,232 hectares and located 32 km north-east
of Murdochville, in Gapesie. The Corporation also holds intellectual
property rights on an international patent pending process for extracting
alumina from aluminous argillite.
All statements in this press release that do not directly and exclusively
relate to historical facts constitute "forward-looking statements". These
statements represent the Corporation's intentions, plans, expectations
and beliefs. In certain instances, these statements require us to make
assumptions and there is significant risk that these assumptions may not
be correct. More information about these risks and uncertainties can be
found in our annual and quarterly MD&As. The Corporation disclaims any
intention or obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise, other than as required by applicable legislation.
Maps are available at the following address :
http://media3.marketwire.com/docs/orbmap.pdf
TSX Venture Exchange
Inc. assumes no responsibility regarding the relevance or accuracy of
this press release.
Contacts:
Exploration Orbite V.S.P.A. inc.
Richard Boudreault
President
514-849-7336
richard@explorationorbite.com
Copyright 2008, Market Wire, All rights reserved.
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