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Constantine Metal Resources Ltd.

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Summary

Project:

Palmer

Deposit:Palmer
Location:United States
Commodities:Copper-Zinc-Silver-Gold
Date:8/17/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:17-8-2017: Constantine Metal Resources Ltd. announces an Exploration/Drilling Update report for its Palmer deposit at the Palmer project. JV - drilling results incl. 38.9m @ 0.01% Cu, 0.95% Zn, 183.5g/t Ag, 0.39g/t Au from 89.3m. Vancouver, British Columb
Resources:(Resource, Inf.): 8.1Mt @ 1.41% Cu, 5.25% Zn, 0.32g/t Au, 31.7g/t Ag
CP/QP:[Overall Report]: Darwin Green (Internal)
ABSTRACT:Vancouver, British Columbia--(Newsfile Corp. - August 17, 2017) Constantine Metal Resources Ltd. (TSXV: CEM) ("Constantine" or the "Company") is pleased to report assay results for three additional drill holes from the Nunatak AG Zone, a new VMS discovery located 3 km from the known mineral resource at the Palmer Project, Alaska (8.1 million tonnes inferred grading 1.41% copper, 5.25% zinc, 0.32 g/t gold and 31.7 g/t silver*). High-grade base and precious metals have been intersected over long intervals in follow-up drilling to discovery hole CMR17-89 (see news release dated July 27, 2017). To date, mineralization has been intersected over an area measuring approximately 180 m x 50 m, and over a vertical distance of approximately 200 meters and remains open in all directions. The drill program has been expanded to 10,000 meters to continue the ongoing exploration of this significant new discovery. Garfield MacVeigh, President, states "The initial four holes released for the AG Zone discovery have defined a significant new zone of mineralization that is wide open to expansion. While it is very early days in our exploration of the AG Zone, the length, grade and broad area of the drill intersections in combination with the scale and intensity of hydrothermal alteration indicate excellent potential for a sizeable deposit. The discovery is a major new development for the Palmer Project and we look forward to the results of ongoing exploration drilling."

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