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Minnova Corp.
Summary
| Project: | Maverick | |
|---|---|---|
| Deposit: | PL Deposit | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/3/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-5-2017: Minnova Corp. announces an Exploration/Drilling Update report for its PL Deposit deposit at the Maverick project. Drilling results incl. 3.55m @ 20.23g/t Au from 15.85m. Minnova Corp. (TSXV: MCI, OTC Pink: AGRDF, "Minnova” or the “Company”), an | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Chris Buchanan (Internal) | |
| ABSTRACT: | Minnova Corp. (TSXV: MCI, OTC Pink: AGRDF, "Minnova” or the “Company”), an advanced-stage mining exploration and gold development company focused on the advancement and re-start of our 100% owned PL Gold Mine in central Manitoba is pleased to announce initial positive results from Phase 1 of its 2017 PL Gold Deposit in-fill drilling program. The purpose of the in-fill drilling program on the PL Gold Deposit is to upgrade and expand the existing resource to form the basis of a new NI 43-101 resource estimate that in turn will form the basis of the Feasibility Study. Full and partial assay results have now been received for 20 of the 50 diamond drill holes completed as part of our Phase 1, 10,000 meter drilling program. Gorden Glenn, CEO commented “Initial results from our detailed in-fill drill program are extremely encouraging. The combination of very high gold grade intercepts, multiple intercepts per hole, all at shallow depths will not only enhance our geological model but our confidence in the resource, especially the portion of the resource that is targeted for test mining and the early years of production should the feasibility study support the economic viability and technical feasibility of the project”. | |
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