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Pershimex Resources Corp.
Summary
| Project: | Courville | |
|---|---|---|
| Deposit: | Courville | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/9/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-10-2018: Pershimex Resources Corp. announces an Exploration/Drilling Update report for its Courville deposit at the Courville project. Drilling results incl. 26.2m @ 1.4g/t Au from 100m. Rouyn-Noranda, Québec, October 9, 2018: Pershimex Resources Corpor | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Robert Gagnon (Internal) | |
| ABSTRACT: | Rouyn-Noranda, Québec, October 9, 2018: Pershimex Resources Corporation (« Pershimex » or the « Corporation ») (TSX VENTURE: PRO) is pleased to announce a new series of results from its drilling campaign on the Courville Property. This drill campaign took place in two phases. The first phase focused on the east extension of the Rolartic showing, for approximately 4,000 meters of drilling across 21 holes. The second phase was aimed at the deep extension of the Rolartic showing. Indeed, all of the drill holes were implanted directly under the bulk sampling realized by Pershimco in 2005. A total of 10 holes, for approximately 3,900 m, validated the continuity of the mineralization of the Rolartic showing in depth. Assay results are available for the first three holes (CRV-17-22, CRV-17-23 and CRV-17-24). Note that they all intercepted the mineralized zone, which is continuous and connected to the holes located east of the Rolartic deposit (see figure). Robert Gagnon, President and Chief Executive Officer of the Company, said: "The first holes under the bulk confirm the continuity of the mineralization to more than 100 m vertical. The next holes being analyzed are aimed at extending the mineralization to depths of more than 100 m. Visually, the deep holes have all intersected the mineralized intrusive; the results of analyzes are expected in the coming weeks. Management is very encouraged by these initial results, which confirm the relevance of continuing the development of the Courville Project laterally and in depth." | |
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