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New Destiny Mining Corp.
Summary
| Project: | Treasure Mountain | |
|---|---|---|
| Deposit: | Treasure Mountain | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper-Molybdenum | |
| Date: | 12/31/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 31-12-2019: New Destiny Mining Corp. announces an Exploration/Drilling Update report for its Treasure Mountain deposit at the Treasure Mountain project. Drilling results incl. 0.44m @ 0.05ppm Au, 1.59ppm Ag, 833.0ppm Cu, 25.8ppm Mo from 4.51m. Vancouver, | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Martin (Internal) | |
| ABSTRACT: | Vancouver, British Columbia – December 31, 2019 – New Destiny Mining Corp. (TSXV: NED), (the “Company” or “NED”) has received results for drilling conducted this past season at its Treasure Mountain Silver Property, located near Tulameen, B.C. Analytical results were received for drilling completed at the Lucky Todd copper-gold prospect this past season. Four diamond drill holes (102 metres) were completed that intersected granodiorite mineralized with quartz veinlets containing chalcopyrite. Analytical results show elevated copper and molybdenum values locally. Copper values ranged up to 833 ppm Cu and molybdenum ranged to 88.3 ppm Mo. For other metals of interest, gold ranged up to 0.08 ppm Au and silver ranged to 1.59 ppm Ag. The results are provided in the table below. Also, one additional sample was collected from a small historic adit exposed in Railroad Creek, thought to be the location of the Lucky Todd / Superior Minfile occurrence. The analytical results were slightly elevated in copper (1240 ppm Cu). Results previously reported for trenching at the Superior/Lucky Todd include elevated values for gold (up to 1.96 ppm Au), copper (up to 250 ppm Cu), and molybdenum (up to 156.5 ppm Mo) over widths varying between 0.2 and 0.8 metres, and one channel sample of 10 metres that contains 0.15 ppm gold. One grab sample returned values of 3.99 ppm gold (= grams per tonne), 96.8 ppm silver, 3560 ppm (0.36%) copper and 45.1 ppm molybdenum. Also, channel sample results from the nearby Railroad copper-silver prospect include 116.0 ppm silver and 0.64% copper over a 4.2 metre width, including 264 ppm silver and 1.06% copper over 1.7 metres. | |
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