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Pursuit Minerals Ltd.

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Summary

Project:

Bluebush

Deposit:Bluebush
Location:Australia
Commodities:Zinc-Lead
Date:10/12/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:12-10-2017: Pursuit Minerals Ltd. announces an Exploration/Drilling Update report for its Bluebush deposit at the Bluebush project. Drilling results incl. 9m @ 0.77% Zn, 2.93% Pb from 175m. Pursuit Minerals’ Managing Director Jeremy Read said that the min
Resources:x
CP/QP:[Overall Report]: Jeremy Read (Internal)
ABSTRACT:Pursuit Minerals’ Managing Director Jeremy Read said that the mineralisation intersected in drill hole BB03-17 and the fault zone controlled zinc and lead mineralisation in drill hole BB04- 17 when considered together, suggested that a larger body of enhanced grade zinc and lead mineralisation may exist between these two drill holes which are 1,460m apart. “The world-class zinc orebodies at Century and McArthur River both have fault controlled mineralisation, similar to what we have intersected in drill hole BB04-17, up sequence, but in close proximity to the main orebodies,” Mr Read said. “Now we have intersected significant SEDEX style zinc and lead mineralisation in hole BB03- 17 in close proximity to the Boga Fault Zone. “When you consider the important outcomes from holes BB03-17 and BB04-17 in context, and the fact that the Boga Fault Zone seems to be important in controlling the better grade zinc and lead mineralisation at Bluebush, we have significantly advanced the Bluebush project in 2017 and our drilling in 2018 will focus on determining if a major zinc deposit occurs between BB03-17 and BB04-17.

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