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Aldever Resources inc.
Summary
| Project: | Lac Villebon | |
|---|---|---|
| Deposit: | Lac Villebon | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper-Cobalt-Molybdenum-Nickel-Lead-Zinc | |
| Date: | 9/15/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-9-2016: Aldever Resources inc. announces an Exploration/Drilling Update report for its Lac Villebon deposit at the Lac Villebon project. Drilling results incl. 0.65m @ 0.132ppm Au from 0m (using man-portable Shaw drills). Aldever Resources Inc. (ALD—TS | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Abby Peterson (Not stated) | |
| ABSTRACT: | Aldever Resources Inc. (ALD—TSXV) (ALDVF—OTCQB) (17G1—Frankfurt) is pleased to announce that it has received final chemical assay results from its Phase 2 drilling program, completed at its Lac Villebon Project in Val d’Or, Quebec. A total of 20 short holes were completed with man-portable Shaw drills, producing a total of 16m of AQ core. Assays returned multiple anomalous element values including 0.132 g/t Au over 0.65m and 36.7 g/t Ag over 0.56m. Assays from the 20 core samples ranged from trace to 0.132 g/t Au and averaged 0.003 g/t Au and from trace to 36.7 g/t Ag with a 1.815 g/t Ag average. Assays were performed by ALS CHEMEX Laboratories in Val d'Or, Quebec. Each sample was analyzed by standard Fire Assay with AA technique (Au-AA-24) on 50 gram samples and via multi-element analysis Inductively Coupled Plasma Emission Spectroscopy (ME-ICP-41). Through geologic mapping and surface sampling, the Company has successfully identified a strongly silicified and locally graphitic shear zone, subparallel to the Cadillac Tectonic Zone (“CTZ”), dubbed the “JR-Zone” and which can be readily identified as both a magnetic and electromagnetic anomaly in ground VLF-EM/ Mag data. The intense pyrite-pyrrhotite-silicification, as well as other anomalous element values, found within the surface expression of the shear zone may indicate further mineralization at depth. The Company intends to conduct a full-scale diamond drilling (NQ core) program to test the depth extension of the JR-Zone. | |
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