For thousands of other reports visit RSC's Mineral Intellingence Map
Alexandria Minerals Corp.
Summary
| Project: | Orenada | |
|---|---|---|
| Deposit: | Zone 4 | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/13/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-6-2017: Alexandria Minerals Corp. announces an Exploration/Drilling Update report for its Zone 4 deposit at the Orenada project. Drilling results incl. 31.15m @ 2.03g/t Au from 320.15m. Toronto, Ontario, June 13, 2017 – Alexandria Minerals Corporation | |
| Resources: | (Resource): 8.5Mt @ 1.32g/t Au (M.+I.) & 4.7Mt @1.16g/t Au (Inf.) at Orenda Zone 2&4 | |
| CP/QP: | [Overall Report]: Philippe Berthelot (Internal) | |
| ABSTRACT: | Toronto, Ontario, June 13, 2017 – Alexandria Minerals Corporation (TSX-V: AZX; OTCQB: ALXDF; Frankfurt: A9D) (“AZX” or the “Company”) is pleased to present new assay results from 5 Diamond Drill Holes (“DDH”) drilled at the east end of its Orenada Zone 4 gold deposit in Val d’Or, Quebec. A total of 18 holes of the 35 holes drilled in the winter program have now been reported, with the results for 17 holes pending. Five Diamond Drill Holes reported here, OAX-17-093, OAX-17-094, OAX-17-095, OAX-17-096 and OAX- 17-097, were drilled in and around the easternmost limits of the 2009 Current Resource at Orenada Zone 4. The five drill holes were part of the Company’s 35 hole, 9,100 metre winter drilling program at Zone 4 which was completed in late April, 2017. Assay results are pending for 17 holes drilled beneath, and to the west of, the Zone 4 open pit. Eric Owens, President and CEO of Alexandria, stated, “We have had great success this year in our first sizable drill program to ever test for the high grade gold veins at Zone 4, and assays now show that we have been able to grow the vein system to 700 metres long by up to 350 metres deep. Although we are still in the early stages of identification and definition of the vein sets, we are consistently building volume with the step-out drilling we have undertaken. Our understanding of the geology of the gold veins is strengthening, and will be further bolstered when we begin our planned follow-up 30,000 m summer drill program in June.” | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report