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Group Ten Metals Inc.
Summary
| Project: | Black Lake-Drayton | |
|---|---|---|
| Deposit: | Black Lake-Drayton | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/27/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-4-2017: Group Ten Metals Inc. announces an Exploration/Drilling Update report for its Black Lake-Drayton deposit at the Black Lake-Drayton project. Drilling results incl. 0.5m @ 15.62g/t Au from 19.2m. Group Ten Metals Inc. (TSX.V:PGE) (FSE:5D32) (the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Max Baker (Internal) | |
| ABSTRACT: | Group Ten Metals Inc. (TSX.V:PGE) (FSE:5D32) (the “Company” or “Group Ten”) is pleased to announce results from the first phase of drilling conducted on its Black Lake-Drayton gold project in the Rainy River district of northwestern Ontario, and to provide an update on the Company’s 2017 exploration plans. Group Ten commenced the initial phase of its planned Black Lake-Drayton exploration activities with a modest, 527-meter diamond drilling program conducted on one 40m long outcropping section on the northeast end of the Moretti Deformation Zone in September and October 2016. This preliminary program, which consisted of seven shallow holes, was designed to test the area directly underneath the Moretti Main Trench where historic bulk samples returned 8,062kg at 14.01 g/t Au and 4,087kg at 18.65 g/t Au, in addition to grab samples up to 1,212 g/t Au and drill intercepts of 0.24m at 190.7g/t and 0.65m at 19.78g/t Au (historic results not independently verified by the Company). These select surface samples are not necessarily representative of the mineralization on the entire target area. All seven holes intersected the targeted zone, with the best intercept being 0.5m at 15.62 g/t Au from 19.2m to 19.7m depth in hole BL_16_01. The remaining six holes intersected quartz veining with anomalous gold values including intercepts of +1m at +1g/t Au in holes BL_16_05 and BL_16_06. The core is now being re-assayed using metallic sieve techniques following the observation of visible gold in hole BL_16_01. | |
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