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Kerr Mines Inc.
Summary
| Project: | Copperstone Mine | |
|---|---|---|
| Deposit: | Copperstone Mine | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 4/4/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 4-4-2019: Kerr Mines Inc. announces an Exploration/Drilling Update report for its Copperstone Mine deposit at the Copperstone Mine project. Drilling results incl. 12.2m @ 11.7g/t Au from 12.2m. “We are extremely pleased with the initial drilling results a | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michael Smith (Internal) | |
| ABSTRACT: | “We are extremely pleased with the initial drilling results and performance of the program in its early stages and look forward to communicating results as they become available. These results confirm our understanding of the Copperstone gold deposit and support our confidence in expanding the resources and further extending mine life at the Copperstone Mine,” stated Martin Kostuik, President. in the resource domain to Measured or Indicated resource. The intercept length approximates true thickness and is approximately what had been previously modelled, while the grade of this intercept exceeds what had been predicted in the existing model. Similar to hole 18-05A-01, this intercept is approximately 16 meters up-dip from the upper edge of engineered mining stopes in the resource domain and may allow the stopes to be extended up-dip. 18-08A-02: Azimuth 245, inclination -20, total length 40 meters. This hole demonstrates opportunity to convert Inferred resource in the resource domain to Measured or Indicated resource. The intercept length approximates the true thickness of the domain and shows it to be twice the anticipated thickness at this location and also of higher grade than anticipated. This intercept is 40 meters up-dip from the upper edge of engineered mining stopes of the resource domain and may allow the stopes to be extended up-dip | |
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