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Alexandria Minerals Corp.
Summary
| Project: | Orenada | |
|---|---|---|
| Deposit: | Zone 4 | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/2/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 2-3-2017: Alexandria Minerals Corp. announces an Exploration/Drilling Update report for its Zone 4 deposit at the Orenada project. Drilling results incl. 6.5m @ 13.8g/t Au from 149.3m. Alexandria Minerals Corporation (TSX-V: AZX; Frankfurt: A9D) (“AZX” or | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Philippe Berthelot (Internal) | |
| ABSTRACT: | Alexandria Minerals Corporation (TSX-V: AZX; Frankfurt: A9D) (“AZX” or the “Company”) is pleased to report on 3 new step-out drill holes in its ongoing drill program at Zone 4 in Val d’Or, Quebec. New assays from the three holes, assaying up to 11.75 g/t gold over 0.75 metres, significantly expand the known area of the vein sets both along and across strike. Eric Owens, President and CEO of Alexandria, stated, “We have tripled the length of the vein sets since we first began drilling last fall. We are still in the early stages of this drill program, but already the success we are having suggests our geologic model is working, and we anticipate further strong results in the coming weeks.” Alexandria is in the middle of a 12,500 metre drill program, currently with two drill rigs. One drill rig is working at Zone 4, where it is testing for high grade gold veins within and along the Cadillac Break shear zone. The focus of this program is to better define the continuity, grade and extent of the vein sets at shallow levels, principally above 350 metres. The second drill rig is testing targets on its Triangle Too drill program, 1-2 kilometres northwest of Zone 4, a grass-roots program similarly seeking high-grade gold veins. | |
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