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Marlin Gold Mining Ltd.
Summary
| Project: | Commonwealth | |
|---|---|---|
| Deposit: | Commonwealth | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 5/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 15-5-2017: Marlin Gold Mining Ltd. announces an Exploration/Drilling Update report for its Commonwealth deposit at the Commonwealth project. Drilling results incl. 102.46m @ 0.83g/t Au, 116g/t Ag from 9.54m. VANCOUVER, May 15, 2017 /CNW/ - Marlin Gold Min | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dr. Matthew D. Gray (Resource Geosciences Inc.) | |
| ABSTRACT: | VANCOUVER, May 15, 2017 /CNW/ - Marlin Gold Mining Ltd. (TSX-V: MLN) ("Marlin" or the "Company") is pleased to report drilling results from its wholly owned Commonwealth silver and gold project in Cochise County, Arizona (the "Commonwealth Project"). Fourteen of Marlin's 27 core holes completed to date were programmed to confirm results of adjacent historic RC holes. Most core holes yielded results similar to the historic RC holes but importantly, several modern holes yielded significant intercepts far greater than the neighboring RC holes. Additional twin holes are being evaluated to confirm that a significant positive reconciliation between core and RC drilling exists. This is an important exercise as all historic RC holes were used in the calculation of the resource estimate in the April 2014 NI 43-101 Technical Report and Preliminary Economic Assessment. Akiba Leisman, Executive Chairman and Interim CEO of Marlin states that, "the significance of 17CDDH26 cannot be overstated. We hit 1.56 g/t gold equivalent over an estimated 57.4 meters true width, and only 9.5 meters from surface. This is in an open pit and potentially heap leachable project. The positive reconciliation that we see in hole 17CDDH26, and other twin holes drilled to date, is hinting that the historic RC holes are potentially underestimating grade, which if proven true, may have a positive impact on the economics of the Commonwealth Project." | |
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