For thousands of other reports visit RSC's Mineral Intellingence Map
Boreal Metals Corp.
Summary
| Project: | Gumsberg | |
|---|---|---|
| Deposit: | Gumsberg | |
| Location: | Sweden | |
| Commodities: | Copper-Zinc-Lead-Silver-Gold | |
| Date: | 3/4/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-3-2019: Boreal Metals Corp. announces an Exploration/Drilling Update report for its Gumsberg deposit at the Gumsberg project. Drilling results incl. 12.60m @ 18.53g/t Ag, 6.73% Zn, 1.99% Pb, 0.08g/t Au, 0.13% Cu from 210.84m. Vancouver, B.C., March 4, 2 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Daniel MacNeil (Internal) | |
| ABSTRACT: | Vancouver, B.C., March 4, 2019. Boreal Metals Corp. (“Boreal” or the “Company”) (TSXV:BMX) is pleased to report assay results for the remaining four holes from the recently completed nine hole 1,620.8 metre diamond drill program at its 100% owned Gumsberg project located in the prolific Bergslagen Mining District in southern Sweden (see Figure 1). “The continued success intersecting multiple high grade precious and base metal massive sulphide mineralization in the new South Zone is very exciting for the Boreal team, as our initial thesis was always to prove that around these old relatively untested mine workings new economic discoveries could be found,” stated Patricio Varas, Executive Chairman. “These intercepts increase our confidence in the upside exploration potential throughout the + 20 km long belt land position which has not been explored using modern exploration methods.” Mr. Varas added “textures in massive sulphides intercepted previously were interpreted as remobilized massive sulphide veins however these new results contain textures that we interpret to represent primary VMS mineralization. A down hole geophysical survey scheduled for first quarter of 2019 will help us vector toward what could potentially be new discoveries at Östra Silvberg.” These results establish continuity in the newly discovered South Zone, where the Company plans to conduct additional drilling in the spring using funds from the recent private placement (see Boreal News Release dated February 20, 2019) to continue to expand this n | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report