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MRG Metals Ltd.
Summary
| Project: | Norrliden | |
|---|---|---|
| Deposit: | Norrliden | |
| Location: | Sweden | |
| Commodities: | Gold-Silver-Zinc-Lead | |
| Date: | 11/9/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-11-2017: MRG Metals Ltd. announces an Exploration/Drilling Update report for its Norrliden deposit at the Norrliden project. Drilling results incl. 20m @ 1.0g/t Au, 55.3g/t Ag, 0.74% Zn, 0.22% Pb from 45m. MRG Metals Limited (ASX: MRQ) is pleased to ann | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Amanda Scott (Scott Geological AB) | |
| ABSTRACT: | MRG Metals Limited (ASX: MRQ) is pleased to announce significant assay results from an initial diamond drilling campaign at the Company’s Norrliden Project located in northern Sweden. Two diamond drillholes (NOR17001 & NOR17006) were successfully completed at the Norrliden Södra prospect during September prior to the drilling ceasing during October to allow for the seasonal movement of reindeer in the district. Drilling has now recommenced at the Project with the rig currently drilling the down-plunge position of the polymetallic mineralisation intercepted in NOR17001. After an unsuccessful attempt (NOR17007) at drilling the deeper parts of the Norrliden Norra deposit during September, a new attempt will be made during November using a reconfigured drill set-up which is already proving successful at Södra. NOR17001 and NOR17006 at Norrliden Södra were drilled to test the depth extension 50 metres below the outcropping mineralisation sampled at surface during June 2017. Both holes intercepted zones of disseminated and banded sulphide mineralisation (pyrrhotite-pyrite-sphalerite-galena-arsenopyrite) within dominantly sericite-silica altered felsic-intermediate volcanoclastic rocks (refer Figure 3). | |
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