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Project: | Maverick | |
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Deposit: | PL Deposit | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 3/6/2018 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 6-3-2018: Minnova Corp. announces an Exploration/Drilling Update report for its PL Deposit deposit at the Maverick project. Drilling results incl. 1m @ 16g/t Au from 75m. March 6, 2018, Toronto, Ontario – Minnova Corp. (TSXV: MCI, OTC Pink: AGRDF, "Minnov | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Chris Buchanan (Internal) | |
ABSTRACT: | March 6, 2018, Toronto, Ontario – 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 its Winter 2017 PL Mine resource expansion and on-strike exploration drilling program. The purpose of the drilling program was to demonstrate the resource expansion potential of the PL Gold Deposit and the on-strike exploration potential of the property. Full and partial assay results have now been received for 13 of the 17 diamond drill holes completed as part of a 2,095 meter drilling program. See Table 1 for details on assay results received to date. The PL Deposit consists of multiple, stacked shear zones trending northwest-southeast and currently defined in drill core over a strike length of approximately 1 kilometer. The deposit remains open to expansion along strike and down dip. The expansion and exploration drilling program was designed to target the shallow, on-strike extension of the gold mineralized share zones in areas of newly discovered showings (see our press release describing new gold showings discovered during summer 2017 field program dated August 24, 2017) between surface (the resource sub-crops) and -100 meters vertical; with a goal of demonstrating the expansion potential of the current PL Gold resource. | |
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