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BeMetals Corp.
Summary
| Project: | South Mountain | |
|---|---|---|
| Deposit: | South Mountain | |
| Location: | United States | |
| Commodities: | Zinc-Silver-Gold-Lead-Copper | |
| Date: | 11/26/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-11-2019: BeMetals Corp. announces an Exploration/Drilling Update report for its South Mountain deposit at the South Mountain project. Drilling results incl. 12.20m @ 18.16% Zn, 122.6g/t Ag, 4.41g/t Au, 1.55% Pb, 0.16% Cu from 26.97m. VANCOUVER, CANADA | |
| Resources: | (Resource, M+I): 169.9Kt @ 17.66% ZnEq. | |
| CP/QP: | [Overall Report]: John Wilton (Internal) | |
| ABSTRACT: | VANCOUVER, CANADA - BeMetals Corp. (“BeMetals” or the “Company”) (TSXV: BMET and OTCQB: BMTLF) is pleased to announce analytical results for drill holes SM19-007, SM19-010 and SM19-014 from its Phase 1 underground drilling program at the Company’s high-grade South Mountain Base and Precious Metal Project (“South Mountain” or the “Project”) in southwestern Idaho, U.S.A. Notably, the results from Hole SM19-014 represent the deepest mineralized intersections on the property, and the DMEA zone remains open at depth (See Figures 1 & 2). From this latest batch of results, Hole SM19-014 has delivered intersections exceeding the Company’s initial expectationsthrough returning multiple zones of mineralization in the projected extension of the DMEA zone. These new intersections of mineralization are outside of the current resource area and indicate the potential to significantly expand the existing high-grade mineral resource (See Figure 1). These results also continue to support the high-grade nature of the Project’s polymetallic mineralization and the dominant copper credit in the adjacent Texas Zone of the deposit (Hole SM19-010). Further mineralized zones from additional holes are under geological logging, sampling and analysis. | |
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