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Crystal Lake Mining Corp.
Summary
| Project: | Newmont Lake | |
|---|---|---|
| Deposit: | Newmont Lake | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 9/18/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-9-2019: Crystal Lake Mining Corp. announces an Exploration/Drilling Update report for its Newmont Lake deposit at the Newmont Lake project. Drilling results incl. 44.13m @ 4.03g/t Au, 4.06g/t Ag, 0.29% Cu from 82.00m. September 18th, 2019, Vancouver, B | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Maurizio Napoli (Internal) | |
| ABSTRACT: | September 18th, 2019, Vancouver, British Columbia - Crystal Lake Mining Corporation (TSXV: CLM OTC: SIOCF FSE: SOG-FF) (“Crystal Lake” or the “Company”) is pleased to announce the intersection of shallow high-grade gold mineralization at Crystal Lake’s Newmont Lake Gold Corridor. The new results are crucial as they provide evidence of a thick unit of unusually high-grade gold mineralization within a broad envelop of continuous low-grade gold mineralization. This discovery is important as it demonstrates that the mineral zone actually increases in both width and in grade in areas where previous models indicate a narrowing of the mineral zone. Additionally, a second deeper horizon has been intersected in an area without gold mineralization in previous models adding to the exploration potential of the Newmont Lake gold corridor along the western flank of the Eskay Rift in NW BC. The first diamond drill core assay results from ongoing drilling at the NW Zone underscore the potential for higher grades and increased continuity of grade which can result in significant expansion of the historic mineralization while brand new high-grade domains are targeted elsewhere along the gold-bearing McLymont Fault and numerous associated splay faults. | |
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