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Regulus Resources Inc.
Summary
| Project: | Antakori | |
|---|---|---|
| Deposit: | Antakori | |
| Location: | Peru | |
| Commodities: | Gold-Silver-Copper-Arsenic | |
| Date: | 11/19/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-11-2019: Regulus Resources Inc. announces an Exploration/Drilling Update report for its Antakori deposit at the Antakori project. Drilling results incl. 625.30m @ 0.33% Cu, 0.17ppm Au, 2.67ppm Ag, 59ppm As from 576.70m. November 19, 2019, (Vancouver, B | |
| Resources: | ||
| CP/QP: | [Overall Report]: Kevin B. Heather (Internal) | |
| ABSTRACT: | November 19, 2019, (Vancouver, BC) - Regulus Resources Inc. ("Regulus" or the "Company", REG TSX.V) is pleased to announce the results from four additional drill holes from its ~25,000 m Phase II drill program, the aim of which is to expand and infill resources at the Company’s AntaKori copper-gold project in northern Peru. Holes AK19-035 and AK-19-037 were successful in expanding the footprint of mineralization at AntaKori and provide further evidence to the Company’s theory that moving to the north of the property (Anta Norte), the bulk of mineralized material contains low-arsenic skarn and porphyry hosted mineralization. Hole AK-19-035 confirms the continuity of low-arsenic, moderate-grade mineralization between the previously released AK-19-030 and AK-19-034, while AK19-037 demonstrates the upward continuity of the mineralization observed in Hole AK-19-034. Hole AK-19-033A was designed as a replacement to the lost AK-19-033, and successfully upgraded the confidence level of existing resources. Hole AK-19-036, apart from infilling a gap in the resource model, has started to outline the eastern margin of the skarn-style mineralization which was expected and helps with our goal of defining the extent of mineralization, and ultimately the overall footprint of the orebody. Results for drill holes AK-19-033A, AK-19-035, AK-19-036 and AK-19-037 are reported in Table 1. | |
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