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MPV Exploration Inc.
Summary
| Project: | UMEX 1 | |
|---|---|---|
| Deposit: | UMEX 1 | |
| Location: | Canada | |
| Commodities: | Copper-Zinc-Gold-Silver | |
| Date: | 8/16/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-8-2018: MPV Exploration Inc. announces an Exploration/Drilling Update report for its UMEX 1 deposit at the UMEX 1 project. Drilling results incl. 9.10m @ 2.2% Cu, 4.05% Zn, 1.74g/t Au, 62.41g/t Ag from 44.30m. MONTRÉAL, Aug. 16, 2018 -- M.P.V. Explorat | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Hugues Guerin-Tremblay (Internal) | |
| ABSTRACT: | MONTRÉAL, Aug. 16, 2018 -- M.P.V. Explorations Inc. (the “Company” or “MPV”) (CSE: MPV) is pleased to announce the results of its first diamond drilling campaign on its UMEX Property, completed in June 2018. This drilling program aimed to confirm the historical grades in Cu-Zn-Au-Ag obtained by Union Minière Exploration in 1969 and SOQUEM at the beginning of the 70’s. Nine (9) diamond drilling holes were drilled for a total of 1200 meters during the June 2018 program. The results of UMX-18-05 to 09 intersected a lens of massive sulphides over 0.95 to 9,10 meters. This VMS lens is essentially composed of pyrite, pyrrhotite with 1-15% of chalcopyrite, 1-20% sphalerite and 1% galena. The results of UMX-18-01 to 04 were not significant but that allowed the drilling team to gather the technical information necessary to direct the subsequent drill holes and localise the lens more precisely. We need to recall that the original discovery of this lens dates back to the early 70s, with only historical local grid map coordinates as geographical markers without any GPS. | |
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