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Constantine Metal Resources Ltd.
Summary
| Project: | Palmer | |
|---|---|---|
| Deposit: | Palmer | |
| Location: | United States | |
| Commodities: | Copper-Zinc-Silver-Gold | |
| Date: | 7/27/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-7-2017: Constantine Metal Resources Ltd. announces an Exploration/Drilling Update report for its Palmer deposit at the Palmer project. JV with Dowa - drilling results incl. 45.4m @ 2.54% Cu, 7.44% Zn, 39.4g/t Ag, 0.33g/t Au. Vancouver, British Columbia | |
| 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. - July 27, 2017) - Constantine Metal Resources Ltd. (TSXV: CEM) ("Constantine" or the "Company") is pleased to report the first round of assay results for a 7000 meter, 20 to 25 hole, drill program currently underway at its Palmer Joint Venture Project, Alaska. Wide intervals of high-grade copper and zinc mineralization have been intersected in resource expansion drilling at the South Wall Zone. The Company is also very pleased to report a high-grade precious metal discovery in the first ever drillhole to test the Nunatak prospect, located 3 kilometers from the South Wall resource. Results for four holes for which assays have been received include: Garfield MacVeigh, President, stated "We are excited to have such a successful start to this year's drilling. The new South Wall intercepts will enhance the resource and demonstrate the ability of the South Wall to produce thick intersections that build tonnes quickly. The new Nunatak drill discovery shows great potential and we look forward to further advances in both areas in the current drill program". Three holes were completed in a fan along the western edge of South Wall Zone for resource expansion and upgrade (see Figure 1 and 2). All intersected wide intervals of massive sulphide within an area poorly tested by previous drilling. These new intersections dramatically increase the width and grade of mineralization in this area and also indicate excellent potential for further expansion to the west. All three intersections occur in a gap between two historic holes which had partial intercepts and passed immediately above and below the zone. Additional drilling in this area and to the west is in progress. | |
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