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OK2 Minerals Ltd.
Summary
| Project: | Pyramid | |
|---|---|---|
| Deposit: | Pyramid | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 12/19/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-12-2017: OK2 Minerals Ltd. announces an Exploration/Drilling Update report for its Pyramid deposit at the Pyramid project. Drilling results incl. 482m @ 0.16g/t Au, 0.12g/t Ag, 0.02% Cu from 3.5m. VANCOUVER, British Columbia, Dec. 19, 2017 -- OK2 Miner | |
| Resources: | x | |
| CP/QP: | [Overall Report]: George Cavey (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia, Dec. 19, 2017 -- OK2 Minerals Ltd., (the “Company”) (TSX.V:OK) is pleased to report it has intersected widespread gold mineralization (482m of 0.19 g/t gold equivalent) on the inaugural diamond drill program at its 187km2 Pyramid gold copper project in NW British Columbia. Three holes, totaling 1,384 meters were drilled, with two holes targeting the West Zone and one hole targeting the Central Zone. Given the large size of the West Zone target, the first two diamond drill holes, 800m apart, have only begun to test the mineralizing system and the Company intends to aggressively follow up on West Zone in 2018. Original interpretations have led OK2 to believe that mineralization was predominantly related to a porphyry event but given the widespread gold mineralization, the prospect has the potential to host a large bulk tonnage epithermal gold system and a gold-copper porphyry. Mike Devji, CEO of OK2 Minerals states, “We continue to be very encouraged by the ongoing progress at Pyramid. The wide zones of epithermal type veining with anomalous gold values gives evidence that a large hydrothermal event has taken place and warrants an aggressive, further targeted drill program in 2018. The years of work our geological team has compiled on the Pyramid, coupled with these early stage drilling results gives our shareholders excellent potential for a large scale discovery in one of the best mining jurisdictions in the world.” | |
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