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Project: | Pyramid | |
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Deposit: | Pyramid | |
Location: | Canada | |
Commodities: | Gold-Silver-Copper | |
Date: | 8/14/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 14-8-2017: OK2 Minerals Ltd. announces an Exploration/Drilling Update report for its Pyramid deposit at the Pyramid project. Drilling results incl. 91.44m @ 0.03% Cu, 0.12g/t Au from 28.96m. VANCOUVER, B.C. – OK2 Minerals Ltd. (the “Company” or “OK2”) is | |
Resources: | x | |
CP/QP: | [Overall Report]: George Cavey (Internal) | |
ABSTRACT: | VANCOUVER, B.C. – OK2 Minerals Ltd. (the “Company” or “OK2”) is pleased to report that results have been received for all Reverse Circulation (RC) drill holes in the 2017 Phase 1 exploration program at the Company’s Pyramid copper-gold porphyry project at the northern tip of BC’s “Golden Triangle”. Eleven holes were drilled for a total of 1260.42m and four zones were drill tested: the West, Central and East Zones as well as Zone 37. The RC drilling program was successful in testing IP geophysical anomalies and surface geochemical anomalies. The depth limits of the RC drill rig (200m) meant that the deeper geophysical targets could not be tested and deeper testing of the geologic model based on surface and downhole geochemistry, remains a priority. Based on results from this program, diamond core hole locations have been finalized and contractor Omineca Drilling will be mobilized to the site shortly to begin a diamond core program to test these deeper targets. Mike Devji, CEO states: “We are pleased with these results, as they demonstrate a large area of encouraging mineralization. We will follow up by diamond drill testing of all three zones, and are particularly excited to test the Central and West Zones with deeper diamond drill holes as our exploration efforts to-date clearly show that there is excellent potential for a deeper copper-gold porphyry system. The size of this project makes drill targeting an involved process, and we continue to be impressed with our early-stage exploration results.” | |
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