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Broadway Gold Mining Ltd.
Summary
| Project: | Madison | |
|---|---|---|
| Deposit: | Madison | |
| Location: | United States | |
| Commodities: | Copper-Gold | |
| Date: | 11/29/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-11-2017: Broadway Gold Mining Ltd. announces an Exploration/Drilling Update report for its Madison deposit at the Madison project. Technical report summarising exploration on property. The Madison Cu-Au Project (the “Project”) is permitted as a surface | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Scott E. Wilson (Metal Mining Consultants Inc.) | |
| ABSTRACT: | The Madison Cu-Au Project (the “Project”) is permitted as a surface and underground exploration project. The Project contains a past-producing underground mine that Broadway Gold Mining Ltd. (“Broadway” or the “Company”) has recently refurbished. While actively expanding known copper and gold zones that remain open for development within the mine’s perimeter, the company’s exploration program has identified new anomalies across its extensive land package that provides compelling drill targets that are believed to be associated with large-scale porphyry mineralization. The Broadway Gold Mine, where historic production from the 1880s to the 1950s yielded an estimated 144,000 ounces of gold, contains approximately 6,000 feet of underground workings to a vertical depth of 750 feet. Broadway recently rehabilitated the underground workings in order to access potential stopes in which the mineralization is believed to have been left behind by the previous owners of the property. The rehab work also allowed Broadway to reenter the extents of the underground drifts and conduct a successful underground exploration drilling program. This drilling returned favorable results that indicate mineralization is continuous to the northwest of the current underground workings. | |
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