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Constantine Metal Resources Ltd.
Summary
| Project: | Palmer | |
|---|---|---|
| Deposit: | Palmer | |
| Location: | United States | |
| Commodities: | Copper-Zinc-Silver-Gold | |
| Date: | 8/21/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 21-8-2018: Constantine Metal Resources Ltd. announces an Exploration/Drilling Update report for its Palmer deposit at the Palmer project. Drilling results incl. 15.5m @ 1.61% Cu, 4.76% Zn, 24.6g/t Ag, 0.1g/t Au from 328.4m. Vancouver, BC – Constantine Met | |
| 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 four new holes from its ongoing 10,000- meter drill program at its Palmer Joint Venture Project, Alaska (“Palmer” or the “Project”). Results are reported for step-out drilling at both the South Wall and AG Zones. Garfield MacVeigh, President, stated “Drilling continues to expand the South Wall and AG Zones, highlighting the good widths and continuity that are a characteristic of mineralization at Palmer. AG Zone was discovered in 2017 and is rapidly revealing itself to be a significant new precious-metal rich massive barite-sulphide deposit with excellent size potential. Drilling in 2018 has now doubled the AG strike-length, with ongoing exploration focused on further expansion.” A summary of recent assays results is provided in Table 1. Barite (BaSO4) is included as a reportable commodity following test work that shows a premium-quality barite concentrate can be recovered as a by-product from the polymetallic ores at Palmer (see news release dated August 13, 2018). Location of South Wall and AG Zone drill intersection pierce points are shown on Figures 1 and 2. | |
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