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Golden Dawn Minerals Inc.
Summary
| Project: | Greenwood | |
|---|---|---|
| Deposit: | May-Mac | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 3/6/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-3-2017: Golden Dawn Minerals Inc. announces an Exploration/Drilling Update report for its May-Mac deposit at the Greenwood project. Drilling results incl. 1.2m @ 174.3g/t Ag, 8.2g/t Au, 3.7% Pb, 2.6% Zn, 0.1% Cu from 211.60m. Golden Dawn Minerals Inc., | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mathew Ball (Internal) | |
| ABSTRACT: | Golden Dawn Minerals Inc., (TSX-V: GOM; FRANKFURT: 3G8A; OTC: GDMRF) (the “Company” or “Golden Dawn”) announces results from underground drilling at its 100% owned May Mac mine. A total of 2125 metres have been drilled in 19 underground diamond drill holes since late 2016. All of the holes were drilled in the May Mac mine to test the mineralized Skomac vein and parallel zones. All the results for holes drilled so far this year have now been received. Significant results for holes MU17-1 to 9 were previously disclosed in a press release dated February 22, 2017. The Company will continue its underground diamond drilling program at the May-Mac Mine to complete additional holes from drill station #3 before moving to drill from stations #2 and #1. The Company is also preparing additional information requested by the government to support its permit application to extend the May Mac 7 Level drift to the northwest to facilitate additional diamond drilling and bulk sampling of up to 10,000 tonnes. The Company is also pursuing a surface exploration permit for diamond drilling (up to 10,000 metres) at the Golden Crown mine. The purpose of the 10,000 metre drill program is to conduct infill drilling and to attempt to increase the Golden Crown’s present resource. In the Q3 2017 the company will submit permit applications to refurbish the Golden Crown adit, conduct underground exploration, with a view to start trial mining in the Q2 2018. | |
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