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Nevada Zinc Corp.
Summary
| Project: | Lone Mountain | |
|---|---|---|
| Deposit: | Lone Mountain | |
| Location: | United States | |
| Commodities: | Zinc-Lead | |
| Date: | 2/16/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-2-2017: Nevada Zinc Corp. announces an Exploration/Drilling Update report for its Lone Mountain deposit at the Lone Mountain project. Drilling results incl. 36.59m @ 4.39% Zn, 0.04% Pb from 21.34m. Nevada Zinc Corporation (“Nevada Zinc” or the “Company | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bruce Durham (Internal) | |
| ABSTRACT: | Nevada Zinc Corporation (“Nevada Zinc” or the “Company”) (TSX‐V: NZN) is pleased to report drill hole assay results for additional holes from its Phase 5 drill program at the Company’s Lone Mountain zinc project (the “Project”). The Company’s recently completed Phase 5 exploration program included 24 reverse circulation drill holes, surface geological mapping and prospecting, limited geophysical test work and specific gravity testing of mineralized material. Nevada Zinc President and CEO, Bruce Durham commented, “the Phase 5 assay results reported today and on January 11, 2017 expand the limits of both the Discovery zone area mineralization and the mineralization near the historic Mountain View Mine. The drill holes were designed to test the limits of the known areas of mineralization. We are very encouraged by the results from the Phase 5 drill holes and we are currently planning our next phase of exploration work on the Project. As an exhibitor at the upcoming Prospectors and Developers annual conference in Toronto we look forward to discussing the continuing progress of the Company at booth #2215 on Tuesday March 7, 2017 and Wednesday March 8, 2017”. All zinc and lead mineralization intersected to‐date on the Project is non‐sulphide type mineralization (importantly, the mineralization outlined to‐date is not a mixture of sulphide and non‐sulphide which can complicate the extractive metallurgy process). No drilling has yet been completed to test for deeper sulfide mineralization beyond the depths of the drilling completed by the Company. | |
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