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S2 Resources Ltd.
Summary
| Project: | Skellefte | |
|---|---|---|
| Deposit: | Bjurtraskgruvan | |
| Location: | Sweden | |
| Commodities: | Gold-Silver-Iron-Sulphur-Copper-Zinc | |
| Date: | 3/22/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-3-2017: S2 Resources Ltd. announces an Exploration/Drilling Update report for its Bjurtraskgruvan deposit at the Skellefte project. Drilling results incl. 14.71m @ 2.2% Zn, 1.0% Cu, 5.4g/t Ag from 176m. S2 Resources Ltd (“S2” or the “Company”) advises | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andy Thompson (Internal) | |
| ABSTRACT: | S2 Resources Ltd (“S2” or the “Company”) advises that it has received assay results for its first three diamond holes, drilled to test the down plunge continuation of known mineralization at the Bjurtraskgruvan VMS deposit on the Company’s 100% owned Skellefte project in Sweden. These three holes were drilled on a broad spacing to scope out the immediate strike and down plunge potential of the known near surface mineralization. On the basis of the overall known geometry of the mineralization these intersections are interpreted to be close to true width, and the best intersection is from the last hole drilled (SBJK170003) which is the deepest point drilled to date, at a depth of approximately 150 metres below surface, some 330 metres down plunge from the outcropping mineralization. The drilling outlines a VMS-style system that has a strike length of 260 metres, has a down plunge extent of at least 330 metres, and is open down plunge beyond this drilling. Surface EM and down hole EM (DHEM) in SBJK170003 indicates the mineralization continues down dip and down plunge. The mineralization comprises an upper lens of pyrrhotite dominated massive sulphides containing sphalerite (zinc sulphide) and a subjacent structurally remobilised footwall stockwork zone of chalcopyrite (copper sulphide) veins and stringers. Several more holes have been planned to test down plunge of these intercepts as soon as the rig completes initial drilling at another target. | |
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