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Minnova Corp.

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Summary

Project:

Maverick

Deposit:PL Deposit
Location:Canada
Commodities:Gold
Date:5/4/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:4-5-2017: Minnova Corp. announces an Exploration/Drilling Update report for its PL Deposit deposit at the Maverick project. Drilling results incl. 5.00m @ 16.38g/t Au from 63.00m. 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 additional positive results from Phase 1 of its 2017 PL Gold Deposit infill drilling program. Hole M-17-17 intercepted a wide zone of well mineralized shear zone between 63.0 m and 68.0 meters in a vertical hole. The wide, high-grade intersection confirms the dip continuity of the shear zones that control quartz veining and associated gold mineralisation. The apparent width indicates that there are pinch-and-swell structures within the deposit that control the geometry of high-grade gold mineralized shoots. The 2017 in-fill drill program was designed, in part, to identify the structural controls on these shoots and help to model their location within the deposit. Gorden Glenn, CEO commented “Minnova geologists and consultants designed the Phase 1 2017 in-fill drilling program to further enhance our existing geological model of structural controls on gold mineralization. Hole M-17-17’s exceptional results supports our model and the interpretation that wider, high grade gold mineralized shoots can be traced in the PL Deposit. This data will not only support future mine planning and development initiatives, but also our property wide and regional exploration efforts”.

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