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Project: | Loma Larga | |
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Deposit: | Loma Larga | |
Location: | Ecuador | |
Commodities: | Gold-Silver | |
Date: | 9/18/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Feasibility Study | |
Report details: | 18-9-2017: INV Metals Inc. announces an Exploration/Drilling Update report for its Loma Larga deposit at the Loma Larga project. Drilling results incl. 37.35m @ 4.89g/t Au, 52.2g/t Ag from 152.0m. TORONTO, ON – September 18, 2017 – INV Metals (“INV Metals | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Scott Zelligan (Not stated) | |
ABSTRACT: | TORONTO, ON – September 18, 2017 – INV Metals (“INV Metals” or “Company”) (TSX: INV) is very pleased to announce the results of the recent exploration program at its 100% owned Loma Larga gold project (“Loma Larga” or “Property”), along with preliminary results of the initial field work performed at the recently acquired Las Peñas and Tierras Coloradas exploration properties, located in Ecuador. Ms. Candace MacGibbon, CEO, stated, “The results of our Loma Larga drill program confirm our belief in the exploration potential of the property, and that the deposit remains open and has significant potential to the west. Phase one of our drill program at Loma Larga commenced in April and was completed in August. The focus of the program was to follow up on silica alteration containing gold mineralization that was encountered approximately 120 m west of the current resource during our geotechnical and hydrogeological investigations of the proposed Loma Larga ramp location. Geotechnical hole LLDGT-004 returned values of 2.17 g/t gold and 52.5 g/t silver, over 19.50 m (see Figure 1: Plan View of Drill Hole Locations). As a result, our team designed and conducted a drill program to systematically test for the western extension of the Loma Larga ore body, stepping out up to 600 m from the western border of the current resource.” Ms. MacGibbon added, “The next phase of the exploration program at Loma Larga will be to analyze the information collected and to target locations for potential high grade feeder zone to the west, with the goal of adding to our current resource and to discover new deposits on the property.” | |
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