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| | Thu May 19, 2005
Firestone Ventures Begins Exploration at Zinc Property, Expands Land Package
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| | May 19/2005 - Firestone Ventures Inc. (FV: TSX-V) is pleased to announce that exploration has commenced on the Company's Torlon high-grade zinc property in western Guatemala. The field work will include prospecting, geological mapping, and sampling. In addition, samples will be collected for metallurgical testing. The 16 hectare (39.5 acre) Torlon property is well situated in terms of access to Pacific Region zinc markets (see fact sheet at www.firestoneventures.com).
Zinc mineralization (smithsonite) at Torlon extends over a 100 m x 700 m area called the "Santa Rosa Corridor" (see Nov. 19, 2004 press release). In the central "Santa Rosa Corridor" area the corridor has a true width of 25 to 30 m and is buttressed by two sheets of zinc mineralization hosted by Permian dolostone breccia. Zone N-1 has an average grade of 20.3% zinc over true widths of 1 -- 9 m, including a high-grade zone that grades 28.4% zinc over 9 m. Zone N-2 grades 11.2% zinc over true widths of 2 to 4 m. The property has never been drilled; however there are numerous underground workings on the property due to small scale lead mining.
Firestone Ventures is also pleased to announce that it has acquired the "Orbita" concession, 100% owned by Firestone, covering 134 hectares (331.1 acres) surrounding the Torlon property. With the addition of 'Orbita" there is excellent potential for expansion of the known area of zinc mineralization and for finding new zones.
"This fieldwork will help us refine our planned drill program for the fall, 2005. We will also obtain information on whether other metals such as silver or germanium are associated with the zinc material", says Lori Walton, Firestone's President.
This news release has been reviewed by consulting geologist John Cleary, CPG, Qualified Person for the property in accordance with regulations under National Instrument 43-101. Firestone Ventures has the right to purchase a 100% interest in the Torlon property under the terms of an agreement described in a news release dated Dec. 8, 2004.
Firestone Ventures Inc. has a portfolio of high quality uranium, zinc, copper and gold properties. For further information, please contact:
Lori Walton, President
info@firestoneventures.com
Toll Free: 1-888-221-5588
Fax: (780) 428-3476
www.firestoneventures.com
Trading Symbol: FV: TSX-V
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release |
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| | You can view the Next News Releases item: Fri May 27, 2005, Firestone Ventures to Commence Uranium Exploration Program in Southern Alberta, Expands Land Package
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