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Erris Resources Plc
Summary
| Project: | Karingberget | |
|---|---|---|
| Deposit: | Karingberget | |
| Location: | Sweden | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 2/2/2018 | |
| Report Code: | (no Code) | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-2-2018: Erris Resources Plc announces an Exploration/Drilling Update report for its Karingberget deposit at the Karingberget project. Drilling results incl. 2.21m @ 0.05g/t Au, 4.92g/t Ag, 0.45% Cu, 0.37% Zn, 0.16% Pb from 34.06m. Erris Resources plc, t | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Aiden Lavelle (Internal) | |
| ABSTRACT: | Erris Resources plc, the European focused mineral exploration company with a portfolio of zinc prospects in Ireland and gold projects in Sweden, is pleased to announce the results of the drill programmes undertaken in the second half of 2017 at its Klippen and Käringberget projects in Sweden and to provide an update on the Swedish work programmes being funded by Canadian gold producer Centerra Gold (as defined below) as part of the strategic alliance between the two parties (the "Centerra JV Agreement"). Erris CEO, Merlin Marr-Johnson, said, "We are pleased to report that exploration at Klippen and Käringberget has highlighted broad zones of mineralisation and generated a new set of targets which we will now develop with Phase 2 drilling at Klippen due to start shortly. We are delighted that Centerra Gold has agreed the details of the 2018 work programme across the joint venture gold portfolio in Sweden, with a planned total expenditure of U$1.85m for the year. "We have a highly active work programme across our portfolio, including the Abbeytown zinc project in Ireland. Exploration is integral to growth in the mining industry, something recognised by Centerra Gold and highlighted by its ongoing investment in our projects in Sweden. We have a team that has delivered exploration success and with a blend of commodities being targeted, we believe we are well positioned to build value in our existing portfolio and make further discoveries." | |
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