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Margaux Resources Ltd.

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Summary

Project:

Cassiar

Deposit:Cassiar
Location:Canada
Commodities:Gold
Date:2/5/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:5-2-2020: Margaux Resources Ltd. announces an Exploration/Drilling Update report for its Cassiar deposit at the Cassiar project. Historical drill core re-sampling results. Margaux Resources Ltd. (TSX VENTURE:MRL, OTCQB:MARFF) ("Margaux" or the "Company”)
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Kaesy Gladwin (Internal)
ABSTRACT:Margaux Resources Ltd. (TSX VENTURE:MRL, OTCQB:MARFF) ("Margaux" or the "Company”) is pleased to share analytical results from the 2019 field season at its Cassiar Gold Property in northern British Columbia. The 2019 exploration program was an efficient and successful effort to assess and characterize the recently acquired Cassiar Gold Property. The program included rock and chip sampling of documented and previously unknown prospects, as well as select resampling of historic drill core. Exploration efforts were guided by the Margaux corporate strategy which prioritizes near-surface, bulk-tonnage gold resource discoveries. “With an existing million-ounce resource base and demonstrated exploration potential across the property, we see numerous opportunities for potential resource growth at Cassiar through extension and exploration,” stated CEO and president Tyler Rice. “This optionality will be a key driver in evolving this district-scale project.”

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