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Pine Point Mining Ltd.
Summary
| Project: | Pine Point Mine | |
|---|---|---|
| Deposit: | East Mill | |
| Location: | Canada | |
| Commodities: | Lead-Zinc | |
| Date: | 12/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-12-2017: Pine Point Mining Ltd. announces an Exploration/Drilling Update report for its East Mill deposit at the Pine Point Mine project. Drilling results incl. 11.5m @ 1.06% Pb, 5.56% Zn from 34.0m. Toronto, Ontario – December 8, 2017 - Pine Point Min | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Stanley Clemmer (Internal) | |
| ABSTRACT: | Toronto, Ontario – December 8, 2017 - Pine Point Mining (the “Company”) (TSX VENTURE:ZINC) is pleased to provide the results of a confirmation drill program designed to validate historical resources on five deposits at the Pine Point Project near Hay River, NWT. The program was planned to support the grade and extent of deposits discovered with extensive work by previous owner Cominco Ltd. The program involved the twinning of a number of historical drill-holes to support the internal continuity of the mineralization. The drill program is expected to advance the Mill Site area towards including these as additional resources in the next technical report prepared by the Company. During the summer of 2017, a total of 23 confirmation holes were drilled in the East Mill Site area, which has five historical deposits along a 4.5 km strike length. In most instances (though not all), where it was expected to the confirmation drilling intersected mineralized zones, which was anticipated given the variable nature of Mississippi Valley Type deposits which make up the Pine Point camp. Overall verification drill holes reported from the 2017 program supported historic grades and widths of mineralization, with moderate variation compared with historical drilling. | |
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