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Nevada Zinc Corp.
Summary
| Project: | Lone Mountain | |
|---|---|---|
| Deposit: | Lone Mountain | |
| Location: | United States | |
| Commodities: | Zinc-Lead | |
| Date: | 3/1/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-3-2018: Nevada Zinc Corp. announces an Exploration/Drilling Update report for its Lone Mountain deposit at the Lone Mountain project. Drilling results incl. 24.70m @ 23.06% Zn, 0.29% Pb from 143.05m. Toronto, Ontario- (Newsfile Corp. - March 1, 2018) - | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bruce Durham (Internal) | |
| ABSTRACT: | Toronto, Ontario- (Newsfile Corp. - March 1, 2018) - Nevada Zinc Corporation (TSXV: NZN) ("Nevada Zinc" or the "Company") is pleased to announce additonal drill core assay results from its thirteen hole program at the Company's Lone Mountain Project in Nevada. The core drilling program was primarily designed to corroborate assay grades from reverse circulation drilling and to provide geological information on the mineralized zones as well as to expand the footprint of the mineralization. This new assay information provides important data that will be included when the Company produces its initial 43-101 resource estimate later this year. The current core drill program completed by the Company is the first core drill program completed in the area since the 1940's and follows up on the Company's 83 reverse circulation ("RC") drill holes completed between 2014 and 2016. President and CEO of Nevada Zinc, Bruce Durham commented: "our first core hole program more than met expectations. Core drilling results in the area of the discovery hole first drilled by Nevada Zinc in 2014 compared quite favourably with proximal RC holes and several of the diamond drill holes extended the limits of the mineralization. With the very strong zinc price performance over the last year and with consensus forecasts for sustained or higher zinc prices, Nevada Zinc is well positioned to take advantage of a strong zinc market. The Lone Mountain Project is particularly well located in a strong mining jurisdiction in eastern Nevada, an advantage the Company intends to exploit as we move the Lone Mountain Project forward." | |
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