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European Electric Metals Inc.
Summary
| Project: | Rehova | |
|---|---|---|
| Deposit: | Rehova | |
| Location: | Albania | |
| Commodities: | Copper-Gold-Silver | |
| Date: | 6/12/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-6-2018: European Electric Metals Inc. announces an Exploration/Drilling Update report for its Rehova deposit at the Rehova project. Drilling results incl. 3.30m @ 1.66% Cu, 0.08g/t Au, 4.85g/t Ag, 0.51% Zn from 194.50m. European Electric Metals (TSX-V: | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jose Mario Castelo Branco (Internal) | |
| ABSTRACT: | European Electric Metals (TSX-V:EVX) (“EVX” or “Company”) is pleased to announce results from the final four drill holes of the Phase 1 drilling program at the Rehova Copper Project in Albania. Two of the holes were drilled within the BG mineralized zone and the two were drilled to test geophysical (IP) targets. Hole REH-246A was drilled 10m from historic drill hole R-246 which intersected several mineralized zones. Significant assay intersections in REH-246A are 4.0m at 0.75% Cu from 110.5m including 1m at 2.47% Cu from 112.5m. A second zone returned 7.1m at 0.67% Cu from 128.4m including 3m at 1.15% Cu from 129.5m. The high-grade copper zones coincide with massive and semi-massive lenses of massive chalcopyrite and pyrite. The historic R-246 includes 5.2 m at 2.86 % Cu from 99m, 1m at 5.88% Cu from 135.0m, 3.2m at 2.31% Cu from 141.30m and 4.1m at 6.01% Cu from 147.5m. Due to difficult drilling conditions REH-246A was stopped at 138.40m without intersecting the lower mineralized zones. REH-156B was drilled close to the center of the BG deposit. Two main zones of mineralization were intersected: the first zone starts from 194.5m to 197.8m (3.3m thick) and another from 202m to 207m (5m thick). A semi-massive chalcopyrite with pyrite zone was intersected at 194.5m to 195.5m. The rest are generally, very fine grained to fine grained disseminated sulphides (pyrite>chalcopyrite) with centimeter-size bands/lenses and fracture filling in breccias. The first zone averaged 1.66% Cu over 3.3m including 1m of 4.7% Cu. The second zone averaged 0.42% Cu over 5.0m from 202m. A thin lower sulfide horizon of very fine-grain pyrite and chalcopyrite disseminations was also intersected at 211m to 213m (2m thick) grading 0.17% Cu. REH-156B is collared about 4m southwest of a historical drill hole, R-156. The historical hole reported an intersection of 11.9m at 4.27% Cu from 199.1m. | |
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