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CANEX Metals Inc.
Summary
| Project: | Gibson | |
|---|---|---|
| Deposit: | Gibson | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Zinc-Lead | |
| Date: | 1/7/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-1-2019: CANEX Metals Inc. announces an Exploration/Drilling Update report for its Gibson deposit at the Gibson project. Drilling results incl. 31.50m @ 0.81g/t Au, 40g/t Ag, 0.2% Pb, 0.25% Zn from 33.50m. Calgary, Alberta - CANEX Metals Inc. (“CANEX” or | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Shane Ebert (Internal) | |
| ABSTRACT: | Calgary, Alberta - CANEX Metals Inc. (“CANEX” or the “Company”) is pleased to update assay results from the first hole of the 2018 drill program at the Company’s Gibson Project, located in central British Columbia. Results for hole G18-01 from Gibson were first released on December 10, 2018. Subsequent to that release new fire assay and 4-acid digestion induced coupled plasma analyses have been received for silver with two samples increasing in silver grade by 13%. The table below shows the revised values for hole G18-01. In October 2018 CANEX drilled 10 shallow holes at Gibson testing a small portion of a soil anomaly measuring 850 metres long by up to 500 metres wide. Hole G18-01 successfully intersected multiple high-grade silver and gold veins within a larger envelope of stockwork mineralization. Details of the program and hole G18-01 are available in the December 10th news release, available here. A drill hole location map and a cross section showing hole G18-01 are available here. Assay results from holes G18-02 to G18-10 will be available for release shortly. | |
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