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Kenadyr Mining Corp.
Summary
| Project: | Borubai | |
|---|---|---|
| Deposit: | Borubai | |
| Location: | Kyrgyzstan | |
| Commodities: | Gold | |
| Date: | 9/21/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-9-2018: Kenadyr Mining Corp. announces an Exploration/Drilling Update report for its Borubai deposit at the Borubai project. Drilling results incl. 69m @ 2.57g/t Au from 200m. VANCOUVER, BC – (September 21, 2018) - Kenadyr Mining (Holdings) Corp. (TSX- | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Brian Lueck (Internal) | |
| ABSTRACT: | VANCOUVER, BC – (September 21, 2018) - Kenadyr Mining (Holdings) Corp. (TSX-V: KEN; OTC-MKTS: KNDYF; FRA: KM0) (the “Corporation” or “Kenadyr”) is pleased to announce further results of the 2018 drill program at Kenadyr’s Borubai property comprising drill holes EZ- 6,9,10,11,12,13,14 and 16 – 18. (Hole EZ-15-18 was abandoned in fault rubble). These drill holes include 2 new sections collared approximately 50 meters east, and another 50 meters east of the last section reported at the end of June this 2018 season. Hole EZ-16-18 was collared another 100 meters east of the last section now being reported. The new drilling further demonstrates that the East Zone continues strongly along strike with good continuity of mineralization continuing eastward from the TBL Mine. As mentioned in previous news releases, the East Zone is a separate body from the main TBL Mine 60% owned (40% KyrgyzAltyn) and wholly operated by Zijin Mining, and the company is evaluating the potential for this zone to be mined by open pit methods. The company is using a 0.5 g/t cutoff to calculate intervals for this mineralized zone. Kenadyr has temporarily halted drilling in order to perform an I.P. chargeability and resistivity survey across the drilled area of the East Zone and progressing along strike to the east for an additional 1100 meters. This survey is underway and being performed by a recognized international contractor. The purpose of the survey is to more precisely track the highly chargeable drill target as the drilling progresses eastward. | |
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