For thousands of other reports visit RSC's Mineral Intellingence Map
EMX Royalty Corp.
Summary
| Project: | Gumsberg | |
|---|---|---|
| Deposit: | Vallberget, Ostersilvberg | |
| Location: | Sweden | |
| Commodities: | Copper-Zinc-Lead-Silver-Gold | |
| Date: | 5/2/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-5-2018: EMX Royalty Corp. announces an Exploration/Drilling Update report for its Vallberget, Ostersilvberg deposit at the Gumsberg project. JV - Drilling results incl. 3.7m @ 19.27% Zn, 0.25% Pb, 11.69g/t Ag, 0.19g.t Au from 53.5m. Vancouver, British C | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Eric Jensen (Internal) | |
| ABSTRACT: | Vancouver, British Columbia, May 2, 2018 (TSX Venture: EMX; NYSE American: EMX) – EMX Royalty Corporation (the “Company” or “EMX”) is pleased to announce additional high grade zinclead-silver diamond drill results from Boreal Metals Corp.'s (TSX Venture: BMX) ("Boreal") 2017-2018 winter drill campaign at EMX's Gumsberg royalty property. Gumsberg is located in the Bergslagen mining region of southern Sweden. The new drill intercepts reported by Boreal were from holes BM-17-006 through BM-17-012, which tested massive sulfide horizons at the Vallberget and Östersilvberg prospects. The intercepts include 3.7 meters averaging 19.27% zinc, with 17.66 g/t silver and 0.25% lead in drill hole BM-17-006, and 6.7 meters averaging 7.01% zinc, with 11.14 g/t silver and 0.44% lead in BM-17-011 (true widths estimated at 80-100% of reported interval lengths)1 . EMX congratulates Boreal on their exploration successes and advancement of the Company's Gumsberg royalty property. Please see Appendix 1 of this news release for a table of Boreal's select intercepts from the new drilling. Boreal’s recently completed 2,545 meter drill program was designed to test for extensions of volcanogenic massive sulfide (VMS) style base metal mineralization along trend and down dip of historic mine workings. Including the first five holes previously reported2 , the program succeeded in intersecting significant zinclead-silver mineralization in nine of twelve holes, clearly demonstrating that mineralization persists outside of the areas that were mined historically. These results represent novel discoveries of mineralization in the district. All of the geologic targets drilled remain open along strike and at depth. Boreal is planning followup programs on the basis of these encouraging results | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report