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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:11/2/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:2-11-2017: Constantine Metal Resources Ltd. announces an Exploration/Drilling Update report for its Palmer deposit at the Palmer project. JV - Drilling results incl. 30.5m @ 7.3% Zn, 0.2% Pb, 0.1% Cu, 6g/t Ag, 0.1g/t Au from 122.3m. Vancouver, BC – Consta
Resources:(Resource, Inf.): 8.1Mt @ 1.41% Cu, 5.25% Zn, 0.32g/t Au, 31.7g/t Ag at project
CP/QP:[Overall Report]: Darwin Green (Internal)
ABSTRACT:Vancouver, BC – Constantine Metal Resources Ltd. (TSX Venture – CEM) ("Constantine" or the "Company") is pleased to report assay results for step-out drilling at the new AG Zone discovery at the Palmer Project, Alaska. Wide intervals of mineralization have been intersected in multiple holes, expanding the mineralized zone in almost all directions and firmly establishing AG Zone as a significant new VMS discovery. Key features include a drill defined strike length of 225 meters, a vertical dip length of 275 meters, and all sides open to expansion. Significant mineralization has been intersected in 11 of 13 drillholes with most holes reporting multiple intersections. Mineralization consists of stacked strata-bound zones, including a high grade silver-gold upper zone, and a zinc-rich lower zone. The additional drilling has also shown that most of the AG Zone occurs on the steep, relatively planar limb, of a large scale fold structure (See Figures 1, 2 and 3). The sheet-like aspect of mineralization along this limb permits predictive targeting toward other neighboring prospect areas and at depth below present drilling. Garfield MacVeigh, President and CEO, states “Follow-up drilling to our initial AG Zone discovery has been a great success. Drilling to date has demonstrated grade, scope, continuity, and, with all edges open to expansion, obvious potential for scale.

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