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Project: | Palmer | |
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Deposit: | South Wall | |
Location: | United States | |
Commodities: | Copper-Zinc-Silver-Gold | |
Date: | 10/2/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 2-10-2017: Constantine Metal Resources Ltd. announces an Exploration/Drilling Update report for its South Wall deposit at the Palmer project. JV - drilling results incl. 50.9m @ 0.87% Cu, 4.44% Zn, 36.9g/t Ag, 0.25g/t Au from 261m. Vancouver, BC – Constan | |
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, BC – Constantine Metal Resources Ltd. (TSX Venture – CEM) ("Constantine" or the "Company") is pleased to report assay results for an additional four drill holes from resource expansion and upgrade drilling at the South Wall (“SW”) Zone, Palmer Project, Alaska. New results include wide intersections of high-grade mineralization in step-outs to an initial fan of holes that intersected a previously unrecognized zone of thick massive sulphide from within the deposit area (see news release dated July 27, 2017). Multiple zones have been intersected in several of the reported holes. A total of 10,718 meters were drilled as part of the recently completed dual focus resource expansion and regional exploration drill program. Approximately half of this drilling was directed at the new AG Zone discovery located 3 km from the South Wall Resource. Drilling at AG Zone has continued to successfully define the zone with step-outs along strike and to depth from the initial discovery holes. Assay results are pending for multiple drillholes and will be released as they come available. Garfield MacVeigh, President and CEO, states “The 2017 South Wall drilling has simultaneously added tonnes while also increasing confidence in the resource model. Past drillholes missed the main part of the ore lens in the current area of drilling, and there is excellent potential to continue adding high-grade resources with additional drilling to the west. The 2017 program has been a tremendous success at meeting our two stated objective – expansion and upgrade of the South Wall resource, and discovery of new mineral deposits. We look forward to receiving the balance of the assays results in the coming weeks, including stepout drillhole results at the new AG Zone.” | |
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