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Mineral Mountain Resources Ltd.
Summary
| Project: | Standby | |
|---|---|---|
| Deposit: | Standby | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 4/22/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-4-2020: Mineral Mountain Resources Ltd. announces an Exploration/Drilling Update report for its Standby deposit at the Standby project. Drilling results incl. 6.09m @ 1.81g/t Au from 373.8m. VANCOUVER, April 22, 2020 /CNW/ - Mineral Mountain Resources | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Nelson W. Baker (Internal) | |
| ABSTRACT: | VANCOUVER, April 22, 2020 /CNW/ - Mineral Mountain Resources Ltd. and Mineral Mountain Resources (SD) Inc. ("Mineral Mountain" or the "Companies") (TSXV: "MMV") are pleased to report that, including historical drilling and the Company's two phases (Phase I and II) of drilling, a grand total of 45 drill holes totalling 16,361.29 metres have been drilled in the Standby project area. The Company defined a 200m average width of the Standby Gold Zone surface to a down plunge depth of 1800 metres and a total vertical depth of about 1000 metres. Based on 3D modelling and down-hole borehole EM, the Company's database confirms that the Standby Gold Zone occurs within the largest volume of altered iron formation recognized within in the Standby Project to date (see attached Figure 1). The Standby Mine Deposit, was mined historically at an average grade of about 0.350 ounces per ton (12.0 grams per tonne) in the early 1900's to the 425-foot level. (as reported in the South Dakota mining annuals). The Company, as an aggregate result of Phase I and Phase II drilling in 2018-2020, has now been extended the Upper Tail gold mineralization to a plunge length of 850 metres (2,788 feet). The Company's 3D mapping software (Leapfrog) database estimates that this Upper Tail Standby Gold Zone measures 200 metres wide by 400 metres high and 850-metres down plunge (open at depth). | |
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