For thousands of other reports visit RSC's Mineral Intellingence Map
Canadian Orebodies Inc.
Summary
| Project: | Wire Lake | |
|---|---|---|
| Deposit: | Smoke Lake | |
| Location: | Canada | |
| Commodities: | Gold-Zinc | |
| Date: | 6/11/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-6-2019: Canadian Orebodies Inc. announces an Exploration/Drilling Update report for its Smoke Lake deposit at the Wire Lake project. Drilling results incl. 10.4m @ 5.4g/t Au from 12.5m. TORONTO, June 11, 2019 -- Canadian Orebodies Inc. (the “Company”) | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Quentin Yarie (Not stated) | |
| ABSTRACT: | TORONTO, June 11, 2019 -- Canadian Orebodies Inc. (the “Company”) (TSXV:CORE) is pleased to announce the results of its drill program to explore the high-grade gold-bearing veins in the Smoke Lake Gold System (“SLGS”) on the Pic Project (see press release dated February 22, 2019, formerly referred to as the Black Raven property). This drill campaign consisted of 10 holes totaling approximately 1,305 metres, with the majority of the holes drilled off ice pads on Smoke Lake. The results from the program further illustrates that the Smoke Lake Gold System is formed of multiple goldbearing structures, that high-grade gold mineralization can be found in any of these structures, and that zones of potential thickening could be present in these structures. The results of this drill program also suggest that haloes of lower grade mineralization could be found around the Super G and the other higher-grade veins of the Smoke Lake Gold System. “Our winter drill program was successful in demonstrating and reinforcing our theory that the Smoke Lake Gold System is comprised of numerous high-grade gold bearing veins. The discovery of a high-grade vein in hole BR-2019-013 only 17 metres from surface is very encouraging and highlights the underexplored potential of this emerging gold system,” said Gordon McKinnon, President and CEO of Canadian Orebodies. “Not only was the program successful in the discovery of new veins, it also produced several of the widest core intersections to date in the SLGS, with BR-2019-013 cutting 10.4 metres of 5.4 g/t Au*. The fact that we were able to discover new veins in our last two programs, combined with significant thickening of certain zones seen from this campaign, certainly is an encouraging development for the SLGS.” | |
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