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American CuMo Mining Corp.
Summary
| Project: | Calida | |
|---|---|---|
| Deposit: | Calida | |
| Location: | United States | |
| Commodities: | Copper-Silver-Gold | |
| Date: | 1/7/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-1-2019: American CuMo Mining Corp. announces an Exploration/Drilling Update report for its Calida deposit at the Calida project. American CuMo clarifies its previous disclosure. Vancouver, British Columbia--(Newsfile Corp. - January 7, 2019) - American | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Shaun Dykes (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - January 7, 2019) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that as a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify its previous disclosure. As a result of the Company's assay detailed verification program, it was discovered that there was high variability between individual assays, especially for silver. Also, several assays indicated no precious metals present within the sample where samples were within 20 feet of previous historical samples containing precious metals. The detailed verification program is part of the overall quality assurance program the Company enacts as part of its assay procedures described below. The entire core for the hole was sampled and cut in half using a diamond sawlocated in a Company secure facility. Half the core was sent for analysis and the other half has been kept and stored at the core facility located on site. Following cutting, the samples were delivered directly by Company personnel to ALS Chemex located in Elko, Nevada, a fully accredited independent analytical laboratory. They were first analyzed for 47 elements using a four (4) acid digestion with analysis by Inductively Coupled Argon Plasma Optical Mass Spectrometer (ICP-MS). Gold and silver are measured through a 50-gram sample using fire assay methods. Every 10 th sample is re-analyzed including any samples considered to have significant values. In addition, duplicates, blanks, and standards were analyzed to ensure analytical accuracy and reproducibility. All rejects are being kept for further analysis and for use in metallurgical testing. | |
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