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Minsud Resources Corp.
Summary
| Project: | Chita Valley | |
|---|---|---|
| Deposit: | Chita Valley | |
| Location: | Argentina | |
| Commodities: | Copper-Gold-Silver-Molybdenum | |
| Date: | 12/29/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-12-2017: Minsud Resources Corp. announces an Exploration/Drilling Update report for its Chita Valley deposit at the Chita Valley project. Drilling results incl. 86m @ 0.086g/t Au, 6.22g/t Ag, 0.646% Cu, 0.009% Mo from 18m. TORONTO, ONTARIO – Minsud Res | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Howard Coates (Internal) | |
| ABSTRACT: | TORONTO, ONTARIO – Minsud Resources Corp. (TSX-V: MSR) (“Minsud” or the “Company”) recently completed a 1,455 metre HQ diamond drilling program in the Chita South Porphyry sector of its Chita Valley Project. The program included 8 new holes together with deepening of 7 existing holes. The main objective was to continue outlining Cu-Au-Ag-Mo mineralization and Inferred Resources at relatively shallow depth beneath the zone of surface weathering and oxidation (See National Instrument 43-101 Technical Report dated February 1, 2016 available under the Company’s profile at www.sedar.com (the “Mineral Resource Estimate”). The mineralized sections include disseminated sulphides as well as A, B and D-type veins hosted by multiple stages of epizonal intrusions and hydrothermal breccias. Better Cu values are typically associated with the zone of supergene enrichment and the transition to primary mineralization at depth. Epithermal quartz veins that typically post date the porphyry mineralization are known throughout the Chita Valley Project area. This vast under-explored target concept has widespread moderate to high grade Au-Ag values from drill holes and surface samples that remain untested. | |
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