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General Moly Inc.
Summary
| Project: | Mt Hope | |
|---|---|---|
| Deposit: | Mt Hope | |
| Location: | United States | |
| Commodities: | Zinc-Copper-Silver | |
| Date: | 10/16/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-10-2018: General Moly Inc. announces an Exploration/Drilling Update report for its Mt Hope deposit at the Mt Hope project. Drilling results incl. 15.24m @ 8.72% Zn from 23.164m. LAKEWOOD, CO / ACCESSWIRE / October 16, 2018 / General Moly, Inc. (the "Co | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Mark Osterberg (Mine Mappers LLC) | |
| ABSTRACT: | LAKEWOOD, CO / ACCESSWIRE / October 16, 2018 / General Moly, Inc. (the "Company") (NYSE American and TSX: GMO), the only western exchange listed, pure-play molybdenum mineral development company, reports that its ongoing exploration drilling intercepted significant high-grade, shallow intervals of zinc mineralization and confirmed the presence of a high-grade copper and silver mineral target at depth at the Mt. Hope skarn area, southeast of the molybdenum deposit. Drill results for the first five assayed holes of an 11-hole program intersected significant intervals of high-grade, sulfide zinc mineralization close to the surface, suggesting the potential for open pit recovery. Completed drill assay results for holes MH-250 through MH-253 are reported in the Appendix 1 table, including these highlights below: As previously reported in the Company's September 4, 2018 news release, hole MH-249 encountered consistent zinc mineralized intercepts (+3.5% zinc) from approximately 4 feet from the surface to a depth of 155 feet, including a 74.5-foot interval with an average of 13.08% zinc beginning at 80.5 feet from surface. Hole MH-249 encountered an unmapped underground working and was terminated at approximately 155 feet from surface. The September release also included initial partial results from MH-250 to approximately 600 feet of hole depth. | |
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