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Comstock Metals Ltd.
Summary
| Project: | Preview SW | |
|---|---|---|
| Deposit: | Preview North Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-9-2017: Comstock Metals Ltd. announces an Exploration/Drilling Update report for its Preview North Zone deposit at the Preview SW project. Drilling results incl. 3.25m @ 87.16g/t Au from 41.15m. Vancouver, BC – September 28, 2017 - Comstock Metals Ltd. | |
| Resources: | (Resource): 2.61Mt @ 1.89g/t Au (Ind.) and 5.7Mt @ 1.48g/t Au (Inf.) at project | |
| CP/QP: | [Overall Report]: David A. Terry, K. Raffle, C. Livingstone (Internal;APEX Geoscience Ltd.) | |
| ABSTRACT: | Vancouver, BC – September 28, 2017 - Comstock Metals Ltd. (TSX-V: CSL) (“Comstock” or the "Company") is pleased to report partial results from the summer diamond drilling program at its 100% owned Preview SW gold project located 40 km northeast of La Ronge, Saskatchewan. These results are from 1094.5 m in 7 NQ drill holes completed on the North zone and they continue to build on the strong results returned from the winter 2017 drilling program. We are encouraged that we continue to intersect and extend the limits of high-grade gold mineralization at Preview North. Our success at the North zone and Preview SW deposit supports our belief that the 5.7 km long Preview Structural Corridor plays a significant role in controlling gold mineralization on the property. We will continue to focus on our exploration efforts along this trend” commented Comstock CEO David Terry. The 2017 Preview North zone holes were designed to test for lateral and down-dip extensions to multiple high-grade gold intercepts previously reported in the Company’s May 8, 2017 and June 7, 2017 news releases and from PR13-163 (17.98 g/t Au over 5.71 m starting at 10 m below surface, 5.96 g/t Au over 5.66 m starting at 19 m below surface and, 1.88 g/t Au over 21.26 m starting at 29 m below surface1). Each of the 2017 holes encountered multiple zones of gold mineralization associated with quartzcarbonate vein zones and variable sulphide content in sheared intermediate-mafic meta-volcanic rocks; visible gold was observed in drill holes PR17-164 and PR17-165 (May 8, 2017 news release) and holes PR17-175-178, reported herein | |
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