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Crystal Lake Mining Corp.
Summary
| Project: | Newmont Lake | |
|---|---|---|
| Deposit: | Newmont Lake | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 10/9/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-10-2019: Crystal Lake Mining Corp. announces an Exploration/Drilling Update report for its Newmont Lake deposit at the Newmont Lake project. Drilling results incl. 56.35m @ 0.45% Cu, 0.33g/t Au, 3.44g/t Ag from 224.88m. October 09, 2019, Vancouver, Brit | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Maurizio Napoli (Internal) | |
| ABSTRACT: | October 09, 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 discovery of an entirely\new copper-gold (Cu-Au) porphyry mineral zone at the 72’ Zone; 2.3km northeast of the Burgundy Ridge mineralization. This represents a new copper-gold (Cu-Au) rich porphyry on the Newmont Lake Project located at the western margin of the Eskay Rift in the Heart of the Golden Triangle, British Columbia. This discovery is 250 metres west-northwest of historic high-grade Cu-Au skarn-type mineralization drilled by the previous operator and ~2km away from newly discovered analogous mineralization on surface at the Rock Islands indicative of a potentially large porphyry system. This is the first discovery of porphyry-type mineralization at 72’ Zone, and the system remains open to depth and along trend both to the north and south. (See Figure 1). Maurizio Napoli, President / CEO of Crystal Lake commented “We are excited to see our initial drilling campaign result in the discovery of a porphyry Copper-Gold system and expansion of the Burgundy Ridge alteration system. The 2019 program has already provided promising data to vector into the high-grade core of these large porphyry-hydrothermal systems.” | |
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