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Aquila Resources Inc.
Summary
| Project: | Back Forty | |
|---|---|---|
| Deposit: | Back Forty | |
| Location: | United States | |
| Commodities: | Gold-Silver-Zinc-Copper | |
| Date: | 11/3/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 3-11-2017: Aquila Resources Inc. announces an Exploration/Drilling Update report for its Back Forty deposit at the Back Forty project. Drilling results incl. 11.06m @ 1.61g/t Au, 40.72g/t Ag, 0.08% Cu, 0.22% Pb, 6.32% Zn from 116.44m. TORONTO, ON – Novemb | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jeffrey Lynott (Internal) | |
| ABSTRACT: | TORONTO, ON – November 3, 2017 – Aquila Resources Inc. (TSX: AQA) is pleased to announce the final drill results from its recently completed 2017 drilling program at the Back Forty project in Michigan’s Upper Peninsula. The assay results are presented below. The holes tested the area in the vicinity of the new zone of massive sulphide intercepts identified in the 2016 drilling program. This new zone of mineralization is approximately 500 meters south west of the proposed open pit. “Positive drill results in the vicinity of the new 2016 mineralized zone support our belief that this new zone represents an opportunity to expand the resource in the future” said Jeffrey S. Lynott, Director of Exploration for Aquila. “This drilling has shown that mineralization extends for more than 120 meters and is open along strike. The geologic relationship with the modeled resource remains unclear due to structural complexity.” Significant intercepts from this round of drilling are tabulated and described below. All intervals are expressed as drilled interval. LK‐17‐534, LK‐17‐535 and LK‐17‐536 all intersected a similar stratigraphy that included multiple mineralized intervals. The three holes were drilled in a fence such that LK‐17‐534 was drilled, followed by LK‐17‐535 drilled as an overcut and LK‐17‐536 was drilled at a steeper angle. The fence was designed to test the down‐strike extension of the 2016 Zone and confirmed the zone of massive sulphides and tuffaceous sediments continues more than 20 meters to the southwest, but may be offset vertically downward. | |
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