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Nevada Zinc Corp.
Summary
| Project: | Lone Mountain | |
|---|---|---|
| Deposit: | Mountain View Mine | |
| Location: | United States | |
| Commodities: | Zinc-Lead | |
| Date: | 7/27/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-7-2016: Nevada Zinc Corp. announces an Exploration/Drilling Update report for its Mountain View Mine deposit at the Lone Mountain project. Drilling results incl. 12.19m @ 11.56% Zn, 0.82% Pb (12.38% Zn+Pb) from 28.96m. Toronto, Canada, July 27, 2016 – | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Bruce Durham (Internal) | |
| ABSTRACT: | Toronto, Canada, July 27, 2016 – Nevada Zinc Corporation (“Nevada Zinc” or the “Company”) (TSX‐V: NZN) is pleased to report assay results from six reverse circulation drill holes recently completed on the Company’s Mountain View Mine which constitutes a small portion of the Company’s Lone Mountain zinc project (“the Project”) located near Eureka, Nevada. The holes all tested for the presence of shallow non‐sulfide zinc‐lead mineralization in areas proximal to historic small scale mine operations along strike from the workings. Most holes intersected high and mid‐grade mineralization associated with brecciated and fractured sedimentary rocks of the Devils Gate Formation, with the highlight intersection being drill hole LM‐16‐52, drilled near the easterly boundary of the Mountain View Mine which assayed 12.38% zinc + lead over 12.19 metres (40 feet). The top of the intersection is at a depth of only 28.96 metres. The current drilling program is part of a work program designed to evaluate the potential of the Project to host near surface zinc‐lead resources that could potentially be mined using low cost open pit mining techniques. The majority of the 18 drill holes reported to date from the Mountain View Mine have intersected near surface zinc‐lead mineralization. | |
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