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Project: | MPD | |
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Deposit: | MPD | |
Location: | Canada | |
Commodities: | Copper-Gold-Silver | |
Date: | 1/16/2020 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 16-1-2020: Dunnedin Ventures Inc. announces an Exploration/Drilling Update report for its MPD deposit at the MPD project. Drilling results incl. 763.65m @ 0.21% Cu, 0.07g/t Au, 0.77g/t Ag from 52.35m. Vancouver, British Columbia--(Newsfile Corp. - January | |
Resources: | x | |
CP/QP: | [Overall Report]: Jeff Ward (Internal) | |
ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - January 16, 2020) - Dunnedin Ventures Inc. (TSXV: DVI) (the "Company" or "Dunnedin") today reports results from the Company's first drill program at its 100% owned MPD copper-gold porphyry project in southern British Columbia. The MPD project is accessible year-round from paved highways 5A and 97C. Chris Taylor, Chairman of the Board of Dunnedin said, "Our original geological thesis has proven to be correct: We have confirmed significant zones of higher grade copper-gold mineralization at MPD, with mineralization present right frombedrock surface. This is not a remote project, as the property is located immediately beside the highway, near active copper mines, and is accessible year-round, which significantly lowers exploration costs." Claudia Tornquist, President and CEO of Dunnedin said, "With our first drill program at MPD we have drilled the best hole on the property to date and discovered the higher grade Gate Zone where we intercepted 102 metres of 0.68% copper equivalent. This is an impressive intercept, keeping in mind that neighbouring producers mine ore with grades between 0.25- 0.30% copper. Drilling at MPD so far has only scratched the surface, and many of the project's copper-in-soil anomalies remain untested. The large porphyry system at MPD is wide open and we are excited about the great potential for more exploration successes and significant value creation for our shareholders. We will now focus on our exploration plans in 2020 and are defining a large number of drill targets. | |
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