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OK2 Minerals Ltd.
Summary
| Project: | Pyramid | |
|---|---|---|
| Deposit: | Pyramid | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 1/12/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-1-2017: OK2 Minerals Ltd. announces an Exploration/Drilling Update report for its Pyramid deposit at the Pyramid project. Drilling results incl. 1.52m @ 2.50g/t Au, 40.30g/t Ag, 0.02% Cu from 48.77m. VANCOUVER, BC – OK2 Minerals Ltd., (the “Company”) i | |
| Resources: | x | |
| CP/QP: | [Overall Report]: George Cavey (Internal) | |
| ABSTRACT: | VANCOUVER, BC – OK2 Minerals Ltd., (the “Company”) is pleased to announce results from the 2016 reverse circulation (RC) drilling program on its 100% owned Pyramid copper-gold property located near Dease Lake, B.C. Four holes were completed, with extreme winter conditions constraining the fifth hole prior to reaching its target depth. All samples were analyzed by SGS Labs in their Vancouver laboratory. All drill holes intersected anomalous intervals of mineralized intrusive rocks. In addition to analyzing the entire hole, each hole was scanned by a Terraspec Halo hand held instrument (used to identify relative temperature of formation between certain minerals) to identify if gold mineralization is associated with hydrothermal alteration. The Terraspec readings confirm that the gold mineralization at Pyramid is consistent with hydrothermal alteration commonly occurring in porphyry copper-gold systems. These readings also confirm that the copper at Pyramid comes from a primary porphyry environment. The following is a summary of the analytical results from each hole. Importantly, all holes hit anomalous mineralized intervals and coupled with the results from the TerraSpec analyses, demonstrate that the RC drilling was successful in helping target proposed diamond drill hole locations. As a result, management is planning a significant drill program to follow up on the 2016 drill program in Q2 2017. | |
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