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Luminex Resources Corp.
Summary
| Project: | Condor | |
|---|---|---|
| Deposit: | Camp Zone | |
| Location: | Ecuador | |
| Commodities: | Gold-Silver | |
| Date: | 6/18/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 18-6-2019: Luminex Resources Corp. announces an Exploration/Drilling Update report for its Camp Zone deposit at the Condor project. Drilling results incl. 40.1m @ 4.77g/t Au, 11.54g/t Ag from 260.1m. VANCOUVER, British Columbia, June 18, 2019 -- Luminex R | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Leo Hathaway (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, June 18, 2019 -- Luminex Resources Corp. (TSXV: LR) (US OTC: LUMIF) (the “Company” or “Luminex”) is pleased to announce that it has successfully completed a four hole, 1,195 metre diamond drilling program at the Camp Zone in the northern part of its Condor Project. The Camp Zone is located proximal to Luminex’s existing epithermal gold and silver resources at Los Cuyes, Soledad and Enma, with the nearest drill holes at the Camp Zone and Los Cuyes situated some 400 metres apart. Results for the first two drill holes within the 400 x 200 metre surface gold and silver anomaly described in Luminex’s May 2, 2019 news release have been received. Since reporting this anomaly, the company has extended it along strike to 700 x 200 metres. The two holes reported herein identify significant high-grade gold and silver mineralization that warrants further drilling. Marshall Koval, CEO, commented: “The high-grade Camp Zone discovery has the potential to change the dynamic at Condor due to its proximity to existing resources at Los Cuyes, Soledad and Enma, the northern epithermal deposits. Given these extremely positive results, we will design a follow up drill program to determine the width of the high-grade zone and its lateral continuity later this year.” | |
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