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Blind Creek Resources Ltd.
Summary
| Project: | Blende | |
|---|---|---|
| Deposit: | Blende | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/11/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-4-2018: Blind Creek Resources Ltd. announces a Resource Estimation report for its Blende deposit at the Blende project. Initial mineral resource estimate at Blende property. VANCOUVER, April 11, 2018 /CNW/ - (TSX-V: BCK) – Blind Creek Resources Ltd. (" | |
| Resources: | (Resource): 3654Kt @ 5.18% ZnEq (Ind.), 32979Kt @ 5.03% ZnEq (Inf.) | |
| CP/QP: | [Resources]: Sue Bird (Internal) | |
| ABSTRACT: | VANCOUVER, April 11, 2018 /CNW/ - (TSX-V: BCK) – Blind Creek Resources Ltd. ("Blind Creek" or the "Company") wishes to report the maiden open pit constrained NI 43-101 Resource Estimates for the Company's 100%-owned Blende Zn-Pb-Ag Project, situated 64 kilometres northeast of Keno Hill, Yukon, Canada. The Base Case Mineral Resource is reported in Table 1. "The Blind Creek Board and Management are pleased with the new NI 43-101 Blende Deposit Resource Estimate," states President Brian P. Fowler, P.Geo. "While a direct comparison with the historic 1991 Billiton resource estimate* is not possible owing to differences in the drill hole database, cutoff grade, metal prices, estimated metal recoveries, payables and resource classification, it is clear that subsequent infill and extensional drilling by Blind Creek, coupled with recent metallurgical results and have had a very positive effect on the Blende Mineral Resource." "The Blende Project is a potential bulk tonnage, open pit approach that offers some distinct cost advantages to other advanced Pb/Zn projects in Canada, which are typically underground. Blende Resource mineralization outcrops at surface, is confined to 2 pit shapes approximately 2 kilometres apart (view map) and remains open in areas northwest, southeast and below the "reasonable prospects of economic extraction" open pit shapes. Blind Creek is positioning to conduct a significant drill program in 2018 to test these potential open pit extensions and step out from mineralized drill hole intercepts at the adjacent Far West, Central, Far East and Shanghai Zones within the 8 kilometre-long Blende mineralized corridor. Further metallurgical testing and sampling will be undertaken to provide for a near-term Preliminary Economic Assessment to evaluate future mine planning, metallurgy and project economics." | |
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