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Jayden Resources Inc.
Summary
| Project: | Silver Coin | |
|---|---|---|
| Deposit: | Silver Coin | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 11/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-11-2017: Jayden Resources Inc. announces an Exploration/Drilling Update report for its Silver Coin deposit at the Silver Coin project. Drilling results incl. 7.72m @ 8.63g/t Au, 11.99g/t Ag from 16.46m. Vancouver, B.C., November 28, 2017 ; Jayden Resou | |
| Resources: | (Resource, Inf): 0.967Mt @ 4.39g/t Au, 18.98g/t Ag at project | |
| CP/QP: | [Overall Report]: Nathan Tribble (Not stated) | |
| ABSTRACT: | Vancouver, B.C., November 28, 2017 ; Jayden Resources Inc. (JDN : TSXV) (the “Company”) is pleased to announce that the Company has received assays on an additional 6 holes from the 2017 drill program at its Silver Coin project in northwestern British Columbia. Results indicate a new significant high-grade gold discovery zone in an unexplored area located 550 metres to the northeast of the main Silver Coin deposit. The hole was drilled to test for shallow dipping gold-bearing breccias east of the flagship Silver Coin deposit. Six holes were drilled from three separate pads spaced approximately 100-150 metres apart along strike of a favorable lithological unit with assays for the remaining four holes still pending. Results from drilling within the NW Extension area of Silver Coin’s main breccia zone continue to support a high success ratio with almost all holes encountering significant mineralization, resulting in extensions of known zones beyond historical limits. Mineralization is characterized as epithermal to mesothermal gold-silver with sulfide-bearing breccias and veins similar to those mined at the Silbak-Premier Mine, located just 4 kilometers to the south. Over its mine life, the Silbak-Premier Mine produced 4.7 million tonnes yielding approximately 2 million ounces gold, 43 million ounces silver, 4 million pounds copper, 55 million pounds lead and 20 million pounds zinc. | |
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