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Green Swan Capital Corp.
Summary
| Project: | Copper Prince | |
|---|---|---|
| Deposit: | Eds Watering Hole | |
| Location: | Canada | |
| Commodities: | Gold-Cobalt | |
| Date: | 1/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-1-2017: Green Swan Capital Corp. announces an Exploration/Drilling Update report for its Eds Watering Hole deposit at the Copper Prince project. Drilling results incl. 1.35m @ 0.835g/t Au, 0.021% Co from 20.30m. Burlington, ON. January 11, 2017. Green | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tom E. McCandless (Internal) | |
| ABSTRACT: | Burlington, ON. January 11, 2017. Green Swan Capital Corp. (TSXV:GSW) is pleased to announce that it has received final assays from the recently completed 300-meter diamond drill program on its 100% owned cobalt-gold Property located in Sudbury, Ontario. The drill program was completed on schedule and on budget at Ed’s Watering Hole in the southern part of the Property, where previous surface grab sampling returned up to 4.5% cobalt and 44 g/t gold (see news release August 15, 2016). Management is very encouraged by the latest results and intends to return for follow-on exploration activity as soon as reasonably possible. Said Green Swan's CEO Peter M. Clausi, “Historic testing by third parties for gold, copper and nickel have been successfully carried out on other parts of this 260 hectare Property, but this is the first drill program ever conducted on this part of the Property. Our goal was to test at depth the quartz veining visible at surface for continuity of gold and cobalt throughout the system. With gold and cobalt values in every sample, the drill program achieved that goal and was a success.” In the present program, five drill holes at Ed’s Watering Hole were aligned parallel to the apparent strike of quartz veining visible at surface and oriented to intersect the down dip projections of the mineralization. Drilling details are provided in the table below. | |
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