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Constantine Metal Resources Ltd.
Summary
| Project: | Palmer | |
|---|---|---|
| Deposit: | AG Zone | |
| Location: | United States | |
| Commodities: | Zinc-Copper-Lead-Gold-Silver | |
| Date: | 12/18/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-12-2018: Constantine Metal Resources Ltd. announces a Resource Estimation report for its AG Zone deposit at the Palmer project. Initial mineral resource estimate for the AG Zone of the Palmer project. Vancouver, BC – Constantine Metal Resources Ltd. (T | |
| Resources: | (Resource, Inf.): 4.256Mt @ 4.64% Zn, 0.12% Cu, 0.96% Pb, 119.5g/t Ag, 0.53g/t Au at AG Zone | |
| CP/QP: | [Resources]: James N. Gray (Advantage Geoservices Ltd.) | |
| ABSTRACT: | Vancouver, BC – Constantine Metal Resources Ltd. (TSX Venture – CEM) ("Constantine" or the "Company") is pleased to announce a maiden mineral resource estimate for the AG Zone at the Palmer Copper-Zinc-Lead-Silver-Gold Project (“Palmer” or “Project”). AG Zone is the second deposit to be defined at Palmer and adds to the existing mineral resource base. The total consolidated mineral resource now stands at 4.68 million tonnes of 10.2% zinc equivalent in the indicated category and 9.59 million tonnes of 8.9% zinc equivalent in the inferred category. “The rapid evolution of the AG Zone from discovery to maiden resource has increased the value of this deposit in a very short time frame,” commented President and CEO Garfield MacVeigh. This initial estimate establishes the AG Zone as a significant precious-metal rich zinc deposit, which has increased the total resource tonnage at Palmer by 43%. Located just three kilometers from the main Palmer Deposit, AG Zone has potential to have a positive impact on the economics of the project. It also clearly confirms the multi-deposit district potential of the 81,000-acre property. The opportunity to discover additional deposits and expand the two known resource areas is considered excellent. | |
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