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Transaction Announcement Reports
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Project: | Wire Lake | |
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Deposit: | Candlestick-North Hill | |
Location: | Canada | |
Commodities: | Gold-Arsenic-Copper-Lead-Zinc | |
Date: | 9/11/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 11-9-2017: Canadian Orebodies Inc. announces an Exploration/Drilling Update report for its Candlestick-North Hill deposit at the Wire Lake project. Drilling results incl. 32.4m @ 1.4g/t Au from 155.0m. TORONTO, September 11, 2017 -- Canadian Orebodies Inc | |
Resources: | x | |
CP/QP: | [Overall Report]: Bruce Mackie (Internal) | |
ABSTRACT: | TORONTO, September 11, 2017 -- Canadian Orebodies Inc. (the “Company”) (TSXV:CORE) is pleased to announce the second batch of core assays from its summer drill campaign at the Wire Lake Project. The program consisted of twenty-two holes being drilled (WL-2017-001 to 009, 009A, and 010 to 021) totaling 3,069 metres. Complete assay results have been received from the next seven holes, which were drilled along the Wire Lake Gold Zone (WL-2017-008 to WL-2017-014). Highlights from these results include: 1.4 gpt Au over 32.4 metres including 4.2 gpt Au over 5.0 metres in WL-2017-011; and 1.4 gpt Au over 18.8 metres, including 5.3 gpt Au over 3.1 metres in WL-2017-013. "Wire Lake continues to deliver very exciting gold results which help reinforce our knowledge of the Wire Lake Gold Zone and demonstrate how much potential the property holds,” said Gordon McKinnon, President and CEO of Canadian Orebodies. "This is an expansive gold system and we are very early into showing its full potential. The assays received to date cover a strike length of approximately 1,700 metres and we look forward to continuing to define and expand on this gold-rich structure." Canadian Orebodies is a Canadian-based mineral exploration company with a portfolio of properties in Ontario and Nunavut. Canadian Orebodies is focused on generating shareholder value through the advancement of its two Hemlo area properties: Wire Lake and the North Limb. | |
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