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Aquila Resources Inc.
Summary
| Project: | Back Forty | |
|---|---|---|
| Deposit: | Back Forty | |
| Location: | United States | |
| Commodities: | Gold-Silver-Zinc-Copper | |
| Date: | 8/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 28-8-2017: Aquila Resources Inc. announces an Exploration/Drilling Update report for its Back Forty deposit at the Back Forty project. Drilling results incl. 120.21m @ 1.14g/t Au, 13.18g/t Ag, 0.72% Cu, 0.01% Pb, 0.6% Zn from 54.09m. TORONTO, ON – August | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jeffrey Lynott (Internal) | |
| ABSTRACT: | TORONTO, ON – August 28, 2017 - Aquila Resources Inc. (TSX: AQA) ("Aquila " or the "Company") today announced the second round of drill results from its ongoing drilling program at the Back Forty project in Michigan’s Upper Peninsula. The first round of results were announced on June 7, 2017. Assay results are still pending from exploration holes targeting a newly discovered mineralized zone 500 meters from the proposed open pit. Results from this final phase are expected by the end of the third quarter of 2017. “We are extremely pleased with the drill results to date. It is especially encouraging to continue to intersect mineralization around the perimeter and underneath the proposed open pit at Back Forty,” commented Jeffrey S. Lynott, Director of Exploration for Aquila. “The results contribute to a growing resource of the Back Forty deposit and will be incorporated into future resource calculations related to the evaluation of potential underground developments at the project”. The results of this drilling program demonstrate the strength of the mineralizing system at Back Forty. Drilling targeted the Pinwheel, Deep Zone, and Main Zone massive sulfides outside of the proposed open pit, and were a combination of infill, step out, and geotechnical drilling. Significant intercepts from this round of drilling are tabulated and described below. The interval represents the drilled thickness. | |
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