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Comstock Metals Ltd.
Summary
| Project: | Preview SW | |
|---|---|---|
| Deposit: | Preview North Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/8/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-5-2017: Comstock Metals Ltd. announces an Exploration/Drilling Update report for its Preview North Zone deposit at the Preview SW project. Drilling results incl. 1.6m @ 83.39g/t Au from 77.1m. Comstock Metals Ltd. (TSX-V: CSL) (“Comstock” or the "Compan | |
| 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: | Comstock Metals Ltd. (TSX-V: CSL) (“Comstock” or the "Company") is pleased to report initial results from the winter diamond drilling program at its 100% owned Preview SW gold project located 40 km northeast of La Ronge, Saskatchewan. A total of 1,777 m has been completed in eight NQ drill holes during the winter phase of the program which has now paused for spring breakup. Five holes totalling 945 m were completed at Preview North and three holes totalling 832 m at the northern area of the Preview SW deposit. Planning for a summer program at Preview SW is underway and will be finalized once all assays from the winter program are received and interpreted. Interpretation of historic exploration, recent and current diamond drill results of Comstock, suggest the presence of shallow-moderately south west plunging high grade gold zones, however further work and interpretation is required to determine the continuity of individual gold intercepts between holes. The current drilling followed up on multiple high-grade gold zone intercepts within drill hole PR13-163 via 30 m southwest and northeast step-outs along strike (drill holes PR17-164 and 166), and 30-40 m down dip tests along section of PR13-163 | |
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