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Kerr Mines Inc.
Summary
| Project: | Copperstone Mine | |
|---|---|---|
| Deposit: | Footwall Zone | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 10/24/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-10-2017: Kerr Mines Inc. announces an Exploration/Drilling Update report for its Footwall Zone deposit at the Copperstone Mine project. Drilling results incl. 9.144m @ 11.7g/t Au from 88.39m. TORONTO, ONTARIO, CANADA – October 24, 2017 ‐ Kerr Mines Inc | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Michael R. Smith (Not stated) | |
| ABSTRACT: | TORONTO, ONTARIO, CANADA – October 24, 2017 ‐ Kerr Mines Inc. (“Kerr” or the “Company”) (TSX: KER, OTC: KERMF, FRA: 7AZ1) is pleased to announce the discovery of a new mineralized zone at the Copperstone Project. The newly realized Footwall Zone has been established as a mineralized zone by combining the drilling results of the 2017 Phase one surface exploration program with historical drilling results. “Establishing the Footwall Zone is a fundamental step forward towards achieving our long term strategic growth vision. The Footwall Zone represents a significant opportunity expand our resource growth profile,“ said Claudio Ciavarella, CEO Kerr Mines. Over 60 drill holes were compiled, and mineralized intervals were grouped and composited to form grade shellsin this new Footwall Zone. The grade shells of historic origin were identified and combined with new grade shells formed by the phase one drill program to establish a zone of continuity. The Footwall Zone provides a focused area within which to continue exploration drilling efforts with the goal of adding to the Copperstone Project gold resources. In addition, the discovery of this Footwall Zone allows a more focused allocation of exploration drilling outside of the Footwall Zone with the goal of expanding it along strike and dip. | |
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