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Project: | Crepulja | |
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Deposit: | Crepulja | |
Location: | Kosovo | |
Commodities: | Zinc-Lead | |
Date: | 8/14/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 14-8-2017: Altair Resources Inc. announces an Exploration/Drilling Update report for its Crepulja deposit at the Crepulja project. No significant intersections from assay results. VANCOUVER, BRITISH COLUMBIA – August 14, 2017: ALTAIR RESOURCES INC. (“Alta | |
Resources: | x | |
CP/QP: | [Overall Report]: Stewart A. Jackson (Internal) | |
ABSTRACT: | VANCOUVER, BRITISH COLUMBIA – August 14, 2017: ALTAIR RESOURCES INC. (“Altair” or the “Company”) (TSXV: AVX; Germany FRA: 90A; ISIN: CA02137W1014; WKN: WKN A2ALMP) Altair Resources continues evaluation of its Crepulja project, Mitrovica district, Kosovo. The Company holds 44.5-square-kilometres of exploration licences within this historical zinc, lead and silver producing region where metals have been produced since the Middle Ages. Diamond drill holes CRP 012, CRP 013, CRP 014 did not return significant values. All three holes penetrated a sequence of predominantly schists and marly limestones. For location and details of these holes see Table 1. The current drill program has been completed. Said Company CEO Mr. Shipes: “The area drill tested to date returned good zinc values on only the first hole , however we hold over 44 square kilometres of exploration licenses and have only drill tested a small portion of the property. We are encouraged with the new sampling results and there remains more work to be done.” Altair has received an assay of 26.2% zinc, and 6.37% lead from a new high grade zinc-lead occurrence uncovered while doing geological mapping to the south of the limestone zinc area on its Crepulje project, Kosovo. The mineralization is similar to that in the initial trenches in the limestones, but occurs within a conglobreccia over an area 10m x 10m. The conglomerate breccia lies adjacent to the limestone belt, and overlies the carbonate. The material occurs as a surface zone with poor exposure, with the assayed material classed as a grab sample. The target area warrants deep surface trenching to investigate the nature of the occurrence. | |
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