For thousands of other reports visit RSC's Mineral Intellingence Map
Prize Mining Corp.
Summary
| Project: | Kena | |
|---|---|---|
| Deposit: | Daylight | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 1/22/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-1-2018: Prize Mining Corp. announces an Exploration/Drilling Update report for its Daylight deposit at the Kena project. JV - Apex - Drilling results incl. 71.22m @ 1.09g/t Au from 74.28m. Calgary, Alberta (January 22, 2018) – PRIZE MINING CORPORATION | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Jarrod Brown (TerraLogic Exploration Inc.) | |
| ABSTRACT: | Calgary, Alberta (January 22, 2018) – PRIZE MINING CORPORATION (“Prize” or the “Company”) (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce it has now received final assay results from its initial drilling program on the Daylight Property located in southeastern, BC. Encouraging assay results have been obtained from an 18-hole drill program which tested a number of targets identified from a combination of soil geochemical anomalies, elevated surface rock sample results, geophysical indicators, historical drilling records and surface workings. Feisal Somji, Prize’s Chief Executive Officer, commented “These encouraging results confirm the presence of significant widths of mineralization along both the Great Western/Eastern and Victoria/Starlight/Daylight zones on Prize’s Daylight Property. We are particularly excited by the high-grade shoots located within the broad zones of gold mineralization. We expect to receive drill assay results of the recently completed drill program at the Toughnut Property soon and from there we are eager to start a follow up drilling program based on the results of the drill programs on each of the Daylight and Toughnut Properties The Company engaged TerraLogic Exploration Inc. (“TerraLogic”) of Cranbrook, B.C. as contractor to carry out the drill program recently completed on each of the Daylight and Ttoughnut Properties All samples were assayed by Bureau Veritas, in Vancouver BC. Analytical packages utilized a strong acid ICP analysis (MA250) and gold fire-assay analysis on a large 50g split (FA450). Gravimetric analysis (FA550) were carried out on any over detection gold assays greater than 10 g/t. | |
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