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Constantine Metal Resources Ltd.
Summary
| Project: | Palmer | |
|---|---|---|
| Deposit: | RW Zone | |
| Location: | United States | |
| Commodities: | Zinc-Copper-Gold-Silver-Barite | |
| Date: | 9/25/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-9-2019: Constantine Metal Resources Ltd. announces an Exploration/Drilling Update report for its RW Zone deposit at the Palmer project. Drilling results incl. 4.6m @ 0.52% Cu, 4.65% Zn, 27.7g/t Ag, 0.20g/t Au, 43.7% BaSO4 from 151.8m. Vancouver, BC – C | |
| Resources: | (Resource): 4.68Mt @ 10.2% ZnEq (Ind) and 9.59Mt @ 8.9% ZnEq (Inf) | |
| CP/QP: | [Overall Report]: Darwin Green (Internal) | |
| ABSTRACT: | Vancouver, BC – Constantine Metal Resources Ltd. (TSX-V:CEM, OTCQX:CNSNF) ("Constantine" or the "Company") is pleased to report assay results for a drill hole testing the depth extension of the RW Zone at its Palmer Joint Venture Project, Alaska (“Palmer” or the “Project”). The RW Zone (which includes the RW West, RW East and RW Oxide Zones) is located in the Palmer Deposit area and within the same folded mineralized horizon that hosts the main South Wall Zones. Expansion of the RW Zone is a priority for the Company as the RW Zone is near to planned mining infrastructure but was not included in the Company’s recently released Preliminary Economic Assessment (See Company Press Release dated June 3rd, 2019). Drill hole CMR19-140 was designed to test the open down-dip and down-plunge extension of the RW West Zone and intersected massive baritic sulphide mineralization (Table 1). The new intercept represents a significant 335 meter step-out of the mineralized zone (Figure 1). The zone is open to further expansion along strike (east and west) and at depth. | |
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