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Mineral Mountain Resources Ltd.
Summary
| Project: | Standby | |
|---|---|---|
| Deposit: | Standby | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 5/3/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 3-5-2018: Mineral Mountain Resources Ltd. announces an Exploration/Drilling Update report for its Standby deposit at the Standby project. Drilling results incl. 6.1m @ 2.8g/t Au from 330m. (Vancouver, May 03, 2018): Mineral Mountain Resources Ltd. and its | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Nelson W. Baker (Internal) | |
| ABSTRACT: | (Vancouver, May 03, 2018): Mineral Mountain Resources Ltd. and its subsidiary Mineral Mountain Resources (SD) Inc. (“Mineral Mountain” or the “Companies”) (TSX.V: “MMV”) (“OTCQX: MNRLF”) are pleased to report that the analytical results for the initial three (3) of the planned twelve (12) NQ diamond drill holes, ST18-001, ST18-002 and ST18-003 totaling 1,322m have been received on the Companies Standby Mine Target in the Rochford District in the Black Hills of South Dakota. All three holes have only intersected the top 330m of a major southeast trending shear and alteration system measuring 30m wide by greater than1800 m down plunge. Gold mineralization within this 30m wide structure improves from 2.0 g/t Au over 3.2 m in ST18-001, to 1.1 g/t Au over 6.4 m in ST18-002, to 2.8 g/t Au over 6.1m in ST18- 2 003 (see 3D Isometric View and Drill Hole Locations posted on the Company’s website www.mineralmtn.com ). The more than doubling of gold grade over similar widths, along with a substantial increase in arsenopyrite, from ST18-002 to ST18-003, provides a strong vector toward higher grade gold mineralization down dip of this section. (Note: Pictures of arsenopyrite-bearing core from ST18-003 has been posted on the Company’s website www.mineralmtn.com). A planned hole in the current drill section will undercut the mineralized zone in ST18-003, and then continue in iron formation down the thickened East Limb of the Standby Syncline. A subsequent drill section will be targeted 100m further down plunge along the mineralized structure from the current drill site | |
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