For thousands of other reports visit RSC's Mineral Intellingence Map
Colorado Resources Ltd.
Summary
| Project: | KSP Property | |
|---|---|---|
| Deposit: | Tami | |
| Location: | Canada | |
| Commodities: | Gold-Copper | |
| Date: | 1/20/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-1-2020: Colorado Resources Ltd. announces an Exploration/Drilling Update report for its Tami deposit at the KSP Property project. Drilling results incl. 44.0m @ 0.56g/t Au, 0.01% Cu from 17.0m. VANCOUVER, B.C. - Colorado Resources Ltd. (TSX.V: CXO) ("C | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Steven Kramar (Internal) | |
| ABSTRACT: | VANCOUVER, B.C. - Colorado Resources Ltd. (TSX.V: CXO) ("Colorado", or the “Company”) is pleased to announce that the Company has retrieved and assayed the previously un-assayed 7 drillholes, and finished assaying the remainder of one partially assayed drillhole from the 2018 field exploration and drilling program at the Tami Zone, on its KSP property. This is further to the news release dated November 16, 2018, which highlighted copper-gold mineralization in over 500 m of strike length at the Tami Zone. These results comprised a total of 8 drillholes (1,583.50 m), 3 of which were drilled within the main E – W corridor, and 5 that were drilled on peripheral targets (see Figure 1). The analysis of these drillcores was suspended in 2018 due to budgetary constraints, and lack of obvious visible mineralization. The company is now pleased to report that all three drillholes (TMDDH18-147,148 & 149) drilled within the main mineralized corridor returned considerably anomalous gold and copper mineralization (see Table 1). Particularly encouraging are drillholes (TMDDH18-148 & 149) located west of previously known mineralization (previous drilling; approximately 150 and 330 m, respectively), thus extending mineralized continuity of intercepts in drilling to over 800 m of strike from drillhole TMDDH18-149, east to TMDDH18-136. A 600 m x 600 m gold in soil anomaly (> 100 ppb Au) is also located a further 200 m west of TMDDH18-149, on trend, that attests to the potential westward expansion of the mineralized E – W corridor. The Tami E – W corridor is now outlined as 800 m of continuous mineralized strike (From TMDDH18-149 to TMDDH18-136) in addition to 300 m of discontinuous strike (from TMDDH18-136 to TMDDH18-147) for a total E – W strike of the corridor approximately 1,100 m | |
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