For thousands of other reports visit RSC's Mineral Intellingence Map
Marlin Gold Mining Ltd.
Summary
| Project: | Commonwealth | |
|---|---|---|
| Deposit: | Commonwealth | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 1/30/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Active Mining & Production | |
| Report details: | 30-1-2017: Marlin Gold Mining Ltd. announces an Exploration/Drilling Update report for its Commonwealth deposit at the Commonwealth project. Drilling results incl. 98m @ 0.34g/t Au, 84g/t Ag from 18m. Marlin Gold Mining Ltd. (TSX¬V: MLN) ("Marlin" or the | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Dr. Matthew D. Gray (Resource Geosciences Inc.) | |
| ABSTRACT: | Marlin Gold Mining Ltd. (TSX¬V: MLN) ("Marlin" or the "Company") is pleased to report drilling results from its first nine core holes at its wholly owned and newly consolidated Commonwealth silver and gold project in Cochise County, Arizona (the "Commonwealth Project"). Six of the holes (16CDDH01/03¬04/07¬09) were twins of historical drill holes designed to both confirm the historical drilling, as well as to accumulate enough core material to conduct comprehensive metallurgical testing. Management is working to improve the engineering and design of the Commonwealth Project's flow sheet and potentially enhance the 34% silver recoveries (versus 79% for gold) using a conventional three¬stage crushing and agglomeration heap leach process as estimated by the April 2014 NI 43¬101 Technical Report and Preliminary Economic Assessment. Until silver recoveries are proven to be higher, we will report significant intersections using gold equivalent ("AuEq") values at a silver to gold ratio of 160:1. Two of the holes (16CDDH05¬06) were designed to obtain assay and geologic data from areas lacking drill data and to test a gold rich mineralized zone in the footwall of the North Vein fault that bounds the main resource area. This footwall zone has only been tested by one other hole, CSG002 drilled in 2011, which intersected 1.67 g/t gold and 23 g/t silver over 8.30 meters in siltstones. 16CDDH05 and 06 were 40 meter and 100 meter step¬out holes, respectively, along strike from the CSG002 intercept and successfully demonstrated continuity of this zone. 16CDDH06 intersected 2.91 g/t gold equivalent over 25.80 meters, including 5.78 g/t gold equivalent over 9.90 meters. True mineralized widths are estimated to be 80% of the drill intercepts. The strike and downdip dimensions of this zone are not yet defined by drill data and are therefore both open. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report