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Copper Lake Resources Ltd.
Summary
| Project: | Marshall Lake | |
|---|---|---|
| Deposit: | Billiton Main Zone, Copper Stringer Zone | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper-Zinc | |
| Date: | 5/23/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 23-5-2018: Copper Lake Resources Ltd. announces an Exploration/Drilling Update report for its Billiton Main Zone, Copper Stringer Zone deposit at the Marshall Lake project. Drilling results incl. 25.3m @ 1.07% Cu, 0.08% Zn, 20.1g/t Ag, 0.08g/t Au from 1.0 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: George Mannard (Internal) | |
| ABSTRACT: | May 23, 2018 - Toronto, ON - Copper Lake Resources Ltd. (TSX-V: CPL, Frankfurt: W0I) ("Copper Lake" or the "Company") today announced results of its winter drilling program on the Marshall Lake copper-zinc-silver-gold property located 250 km northeast of Thunder Bay, Ontario, and comprised of 10,430 hectares Terry MacDonald, CEO comments: “We are delighted that these step-out holes demonstrate room to expand known zones. The high silver and gold precious metals content at Billiton was not fully recognized previously. Despite extensive prior work, historic drilling was very shallow and mineralization remains open in multiple directions and as yet untested at depth. The 2018 drill program fulfills our expenditure requirements to earn a 75% interest in the Marshall Lake property. We are grateful to the Ontario Prospectors Association and the Northern Ontario Heritage Fund Corporation who helped fund this effort through their JEAP program.” The purpose of the program was to test three VTEM conductors and other targets derived from a comprehensive compilation of historic data undertaken between 2014 and 2017. A total of 14 holes for 2,868 m were completed. A table of significant intersections, drill hole locations and statistics is appended (see appendices A and B) | |
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