For thousands of other reports visit RSC's Mineral Intellingence Map
Hannan Metals Ltd.
Summary
| Project: | Kilbricken | |
|---|---|---|
| Deposit: | Kilbricken | |
| Location: | Ireland | |
| Commodities: | Zinc-Lead-Silver-Copper | |
| Date: | 9/18/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-9-2017: Hannan Metals Ltd. announces an Exploration/Drilling Update report for its Kilbricken deposit at the Kilbricken project. Drilling results incl. 10m @ 3.4% Zn, 1% Pb, 13g/t Ag from 571m. Vancouver, Canada – Hannan Metals Limited (“Hannan” or the | |
| Resources: | (Resource): 2.7Mt @ 8.8% ZnEq (Ind.) and 1.7Mt @ 8.2% ZnEq (Inf.) at Kilbricken | |
| CP/QP: | [Overall Report]: Michael Hudson (Internal) | |
| ABSTRACT: | Vancouver, Canada – Hannan Metals Limited (“Hannan” or the “Company”) (TSX.V: HAN) (OTCPK: HANNF) is pleased to announce drill results from the second hole completed in its resource expansion program at the 100%-owned Kilbricken zinc-lead-silver-copper deposit in County Clare, Ireland. Thirteen holes are planned in this 8,500 metre drill program, scheduled to be completed during the first quarter of 2018. Mr. Michael Hudson, CEO and Chairman, states: “DH218 is the first hole drilled by Hannan outside the Kilbricken mineral resource, and clearly demonstrates the potential for resource expansion at Kilbricken. The higher-grade mineralization shows good lateral continuity within a broader mineralized zone totaling 55 metres down hole length which remains opens up-dip with further opportunities to extend. This is a strong start to our resource expansion drill program.” A plan and cross section view of the drill results is provided in Figure 1. Table 1 shows highlight intersections and Table 2 shows all relevant collar and assay information. The true thickness of mineralized intervals at Kilbricken is interpreted to be greater than 95% of the sampled thickness. The maiden mineral resource for Kilbricken was published on July 10, 2017, and immediately ranked Kilbricken as one of the top ten base metal deposits discovered in Ireland by tonnes and grade. Total indicated mineral resources were calculated as 2.7 million tonnes at 8.8% zinc equivalent (“ZnEq”), including 1.4 million tonnes at 10.8% Zneq and total inferred mineral resources of 1.7 million tonnes at 8.2% ZnEq, including 0.6 million tonnes at 10.4% ZnEq. Importantly, as DH218 shows, the initial resource is expandable at all scales, from near-resource to prospect scale. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report