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Project: | Greenwood | |
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Deposit: | May-Mac | |
Location: | Canada | |
Commodities: | Gold-Silver-Copper-Lead-Zinc | |
Date: | 4/26/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 26-4-2017: Golden Dawn Minerals Inc. announces an Exploration/Drilling Update report for its May-Mac deposit at the Greenwood project. Drilling results incl. 2.57m @ 252.6g/t Ag, 0.93g/t Au, 9.9% Pb, 4.3% Zn, 0.1% Cu from 105.92m. Golden Dawn Minerals Inc | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: n/a (n/a) | |
ABSTRACT: | Golden Dawn Minerals Inc., (TSX-V: GOM; FRANKFURT: 3G8A; OTC: GDMRF) (the “Company” or “Golden Dawn”) announces results from underground drilling underway at its 100% owned May Mac mine. A total of 3,834 metres have been drilled in 31 underground diamond drill holes completed since late 2016. Of this, 3,028 metres in 22 holes has been completed in 2017. All of the holes were drilled in the May Mac mine to test the mineralized Skomac vein and parallel veins. Significant results obtained for holes MU17-11 to 22 are reported in the table below, including one new result for hole MU17-10. Significant results up to hole MU17-10 were previously disclosed in a press release dated March 6, 2017. The Company is continuing its underground diamond drilling program at the May-Mac Mine to complete additional holes from drill station #2 before moving to drill from station #1. The purpose of this drilling is to explore the Skomac, Rose and West veins. This round of drilling is expected to be concluded in May. Meanwhile, the Company is waiting on approval of its permit application for additional surface drilling to test the northwest strike extension of the May Mac mine. The drilling results so far indicate potential for additional mineralization along strike to the northwest for up to a kilometer on the Skomac and parallel structures. | |
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