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Ferrum Crescent Ltd.

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Summary

Project:

Toral

Deposit:Toral
Location:Spain
Commodities:Lead-Zinc-Copper-Silver
Date:9/7/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:7-9-2017: Ferrum Crescent Ltd. announces an Exploration/Drilling Update report for its Toral deposit at the Toral project. Drilling results incl. 3m @ 6.03% Pb, 5.49% Zn from 195.8m. FCR, the lead-zinc exploration company, is pleased to announce the assay
Resources:x
CP/QP:[Overall Report]: Juki Laurikko (Not stated)
ABSTRACT:FCR, the lead-zinc exploration company, is pleased to announce the assay results from its recent 6 hole - 1,046.9 metres exploration drill programme at its wholly owned Toral Project, located in the province of Leόn, Spain, which has returned a series of high-grade lead-zinc intersections. The drilling campaign was designed to determine the presence of lead-zinc in an area that is approximately three hundred metres above the deep Toral Deposit, which was historically explored by third parties, and which is the subject of a foreign estimate for the purpose of the ASX Listing Rules, comprising an NI 43-101 compliant Indicated foreign mineral resource estimate (further details of which were set out in the Company’s announcement of 10 November 2016). These new drilling results confirm lead-zinc intersections in all six holes, as previously reported from visual inspection in the Company’s announcement of 28 July 2017, with significant high grade lead-zinc intersections in three of the six holes.

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