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Marlin Gold Mining Ltd.
Summary
| Project: | Commonwealth | |
|---|---|---|
| Deposit: | Six Mile Hill | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 2/15/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 15-2-2018: Marlin Gold Mining Ltd. announces an Exploration/Drilling Update report for its Six Mile Hill deposit at the Commonwealth project. Drilling results incl. 22.86m @ 3.1g/t Au from 99.06m. VANCOUVER, Feb. 15, 2018 /CNW/ - Marlin Gold Mining Ltd. ( | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Matthew D. Gray (Resource Geosciences Inc.) | |
| ABSTRACT: | VANCOUVER, Feb. 15, 2018 /CNW/ - Marlin Gold Mining Ltd. (TSX-V: MLN) ("Marlin" or the "Company") is pleased to announce positive drill results at Six Mile Hill approximately two kilometers southwest of Pearce Hill, which hosts a NI 43-101 Measured & Indicated resource of 984,900 gold equivalent ounces.1 Six Mile Hill and Pearce Hill are both located within the wholly owned Commonwealth silver and gold property in Cochise County, Arizona (the "Commonwealth Project"). Six Mile Hill hosts multistage banded epithermal veins that are poorly exposed in outcrop and in historic prospects. The area of historic prospects was drill tested in the 1980s by previous operators, who reported intersecting epithermal quartz veins without significant gold or silver content. Recent mapping by Marlin located the possible southeast extensions of these veined zones. Reverse circulation ("RC") drill holes 17SMRC01, 17SMRC02 and 17SMRC03 (see press release dated July 17, 2017) successfully tested one of these zones over 400 meters of strike length and all intersected a mineralized quartz veined zone over drilled widths of 7.6 to 30.5 meters. RC drill holes 17SMRC05-08 further tested this zone and were drilled to intersect the structural zone nearly orthogonally to its interpreted orientation and provide approximate true width intercepts across the zone. All drill holes cut quartz veined zones and returned reportable gold intercepts as summarized in the table below. Drill holes 17SMRC09 and 17SMRC10 tested the northwestern limits of the surface exposures of quartz veining. Both drill holes intersected anomalously gold mineralized quartz veined zones, including 6.10 meters (interpreted true width of 5.1 meters) grading 8.15 g/t Au in drill hole 17SMRC10 from a quartz vein that does not obviously correlate to any surface exposure. | |
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