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Aldever Resources inc.
Summary
| Project: | Urban Barry | |
|---|---|---|
| Deposit: | Urban Barry | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/23/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-10-2017: Aldever Resources inc. announces an Exploration/Drilling Update report for its Urban Barry deposit at the Urban Barry project. Drilling results incl. 1m @ 239ppb Au from 39m. Aldever Resources Inc. (ALD—TSXV) (ALDVF—OTCQB) (17G1—Frankfurt) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Abby Peterson (Not stated) | |
| ABSTRACT: | Aldever Resources Inc. (ALD—TSXV) (ALDVF—OTCQB) (17G1—Frankfurt) is pleased to announce assay results from its 2017 Phase one drilling program on its 100% owned Urban Barry Gold Project, central Quebec. The primary target of the 2017 drilling was conductive IP anomalies in the Urban Barry Deformation Zone that corresponded with insoil precious metal values, encountered in the 2016 soils program. The company completed 5 holes, producing 1371m of NQ2 core, and identified numerous intervals with anomalous gold values; the highest-grade interval, associated with a mafic rhyolite dyke contact, assayed 239ppb Au over 1.0m at a depth of 39m, this being almost a quarter gram of gold per ton. Regarding the results, President Clive Massey commented: “The board is very pleased with the results of this first phase of the drill program, these are analogous to the initial exploration results first encountered at the Lac Windfall and Gladiator deposits, controlled by Osisko and Bonterra respectively. Aldever’s results confirm that gold-bearing mineralizing fluids have indeed enriched the target zones at the convergence of the two primary faults in the Urban Barry gold camp. As such, our technical team is using these first phase results in conjunction with ground geophysical datasets, to refine targets for a second phase drilling campaign. | |
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