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Project: | Martha | |
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Deposit: | Martha | |
Location: | Argentina | |
Commodities: | Gold-Silver | |
Date: | 1/24/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 24-1-2018: Hunt Mining Corp. announces an Exploration/Drilling Update report for its Martha deposit at the Martha project. Drilling results incl. 2.2m @ 15984.7g/t Ag from 20m. Liberty Lake, Washington, January 24, 2018 – Hunt Mining Corp. (the “Corporati | |
Resources: | Historic estimates only | |
CP/QP: | [Overall Report]: Klaus Triebel (Internal) | |
ABSTRACT: | Liberty Lake, Washington, January 24, 2018 – Hunt Mining Corp. (the “Corporation” or “Hunt”) (TSX VENTURE: “HMX” OTC: “HMXZF”) is pleased to announce drill results from drilling activities at the Martha mine located in the Santa Cruz Province, Argentina. Hunt continues to investigate the mining of pillars at the Martha mine, which was brought into production in January 2017. Hunt recently completed surface blasthole drilling, designed to blast portions of the mineralized hanging wall and footwall into the existing open stope. A total of 19 holes were drilled, with highlighted results above 400 g/t (not pertaining to internal dilution) as follow The holes drilled from the north (N) are semi-parallel to the vein while the ones drilled from the south (S) are semi-perpendicular to the vein. Aside from testing the hanging wall mineralization in the south holes, an attempt was made to also penetrate a remaining pillar of the vein material between hanging and footwall. North holes were sampled every 2m while south holes were sampled every meter. Ongoing production at the Martha Project is being undertaken without established mineral resources or reserves and the Corporation has not established the economic viability of the operations on the Martha Project. As a result, there is increased uncertainty and economic risks of failure associated with these production activities | |
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