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Nevada Zinc Corp.
Summary
| Project: | Lone Mountain | |
|---|---|---|
| Deposit: | Lone Mountain | |
| Location: | United States | |
| Commodities: | Zinc-Lead | |
| Date: | 8/11/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-8-2016: Nevada Zinc Corp. announces an Exploration/Drilling Update report for its Lone Mountain deposit at the Lone Mountain project. Drilling results incl. 100.58m @ 6.58% Zn, 0.41% Pb from 164.59m. Toronto, Canada, August 11, 2016 – Nevada Zinc Corpo | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bruce Durham (Internal) | |
| ABSTRACT: | Toronto, Canada, August 11, 2016 – Nevada Zinc Corporation (“Nevada Zinc” or the “Company”) (TSX‐V: NZN) is very pleased to report the assay results from eight reverse circulation drill holes recently completed on the Company’s Lone Mountain zinc project (“the Project”). Drill hole LM16‐56, at the Discovery Zone area, intersected a broad zone of mineralization commencing at a depth of 164.59 metres and continuing for a hole length of 100.58 metres (330 feet) that averaged 7.0% zinc+lead. This is the deepest test of the Discovery Zone to‐date and the zone remains open to further expansion below this depth. Six of the eight holes were drilled to test for the presence of shallow, non‐sulfide, zinc‐lead mineralization in areas proximal to historic small‐scale mine operations on the west side of the Mountain View Mine Property, situated within the boundaries of the Project. Most of the drill holes intersected significant zinc‐lead mineralization at shallow depths associated with brecciated and fractured sedimentary rocks of the Devils Gate Formation. At a depth of only 6.1 metres from surface, drill hole LM‐16‐57 intersected 6.4% zinc+lead mineralization over a hole length of 47.24 metres (155 feet). Drill holes LM‐57, 58 and 59 appear to have intersected historic workings or other near surface poorly consolidated material and therefore did not have complete sample recovery included in the zones of mineralization. | |
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