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Parallel Mining Corp.
Summary
| Project: | Sebedougou | |
|---|---|---|
| Deposit: | Sebe | |
| Location: | Burkina Faso | |
| Commodities: | Gold | |
| Date: | 9/14/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-9-2017: Parallel Mining Corp. announces an Exploration/Drilling Update report for its Sebe deposit at the Sebedougou project. Drilling results incl. 2.25m @ 20.2g/t Au from 29.5m. Vancouver, BC, September 14, 2017 – Parallel Mining Corp. (the “Company” | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Julia Singh (Independent) | |
| ABSTRACT: | Vancouver, BC, September 14, 2017 – Parallel Mining Corp. (the “Company”) (TSX V: PAL) announces that drilling designed to follow up on the recently reported intercept of 10.2 grams per tonne (“gpt”) gold over 4.5 meters (“m”) (see news release dated May 24, 2017) at the optioned Sebe exploration permit has returned an intercept of 20.2 gpt gold over 2.3 m in SEB17DD-007 from 29.5 m to 31.8 m. SEBDD17-008, drilled directly beneath this hole, returned 7.1 gpt gold over 5.6 m from 79.4 m to 85.0 m. “We are very encouraged by these significant results. Despite its central location in a well-known gold mining area, Sebe was part of a national park until recently. Aside from our drilling, Sebe has still not received any modern exploration on the majority of the permit, and the area drilled to date is confined to a small fraction of the overall land package” commented Robert Sibthorpe, VP Exploration. “At this time, it appears the mineralization at Sebe is hosted in a number of parallel north-south trending veins. The next program will attempt to extend the high-grade intercepts in the East Zone to depth and along strike.” | |
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