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Era Resources Inc.

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Summary

Project:

Yandera

Deposit:Yandera
Location:Papua New Guinea
Commodities:Copper-Gold-Molybdenum
Date:9/7/2016
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:7-9-2016: Era Resources Inc. announces an Exploration/Drilling Update report for its Yandera deposit at the Yandera project. Drilling results incl. 196.7m @ 0.278% Cu, 0.037ppm Au, 0.003% Mo from 36m at Dengru. Toronto, Ontario – September 7, 2016 – Era R
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Dr. Nathan Chutas (Internal)
ABSTRACT:Toronto, Ontario – September 7, 2016 – Era Resources Inc. ("Era" or the "Company") (TSXV: ERX) is pleased to announce completion of resource drilling and further assay results from the 2016 Infill and Proximal Drill Campaign at the Yandera Project, the goal of which was to advance a large porphyry copper system in the highlands of Papua New Guinea. A total of 43 diamond drill holes comprising approximately 8,917 metres were completed at the Yandera Project during the 2016 drill program. The program was designed to infill and expand the Yandera resource, testing opportunities both within and around the margin of the known resource where discovery of additional mineralization can significantly impact the current resource estimate and positively affect potential open pit designs. Drilling focused on infill in the Dengru, Dimbi, South Dimbi, Gremi, Imbruminda, Gamagu, and Kauwo areas, as well as testing some proximal areas, including targets east of South Dimbi, east of Omora, at East Gremi and within the Benbenubu areas (Figure 1). The company has received assay results for an additional 13 drill holes (see locations on Figures 1–7). Hole locations and significant intersections are shown below in Tables 1 and 2. Assay results for 18 holes are still pending.

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