For thousands of other reports visit RSC's Mineral Intellingence Map
PPX Mining Corp.
Summary
| Project: | Igor | |
|---|---|---|
| Deposit: | Callanquitas, Portachuelos | |
| Location: | Peru | |
| Commodities: | Gold-Silver | |
| Date: | 4/9/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-4-2018: PPX Mining Corp. announces an Exploration/Drilling Update report for its Callanquitas, Portachuelos deposit at the Igor project. Drilling results incl. 12.0m @ 2.67g/t Au, 85.1g/t Ag, 0.66% Cu from 316.4m. Vancouver, British Columbia – April 9, | |
| Resources: | (Resource, Inf.): 7.189Mt @ 1.94g/t Au, 71.8g/t Ag | |
| CP/QP: | [Overall Report]: Quentin J. Browne (Independent) | |
| ABSTRACT: | Vancouver, British Columbia – April 9, 2018 – PPX Mining Corp. (the "Company" or “PPX”) is pleased to announce that a deep intercept in diamond core drill hole CA-18-94 has cut the Callanquitas Au and Ag mineralized structure where it merges into the new Portachuelos discovery. The intersection of these two structures establishes a combined strike length for the Callanquitas and Portachuelos system of at least 1,600 metres over a vertical range of over 650 metres. The intercept in drill hole CA-18-94, at a vertical depth of 350 metres (316.4 – 328.4m downhole), includes 15.80 gpt Au and 270.2 gpt Ag (19.40 gpt Au Eq) over one metre within a thicker interval of 12.0 metres grading 2.68 gpt Au, 85.1 gpt Ag (3.78 gpt Au Eq) including 0.66% Cu. Based on the angle of the structure observed in the core and correlation to surface outcrop, the intercept is interpreted to be the Callanquitas Oeste (“West”) structure extending south from the main Callanquitas resource area (please map below). Callanquitas Oeste projects north from CA-18-94 below two earlier completed drill holes (CA-17-75 and -80) and is completely open all the way to the main Callanquitas resource. The merging of these two gold and silver mineralized systems opens up a large area for further resource expansion drilling and underlines the resource potential of this portion of the Igor Project. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report