For thousands of other reports visit RSC's Mineral Intellingence Map
S2 Resources Ltd.
Summary
| Project: | Skellefte | |
|---|---|---|
| Deposit: | Bjurtraskgruvan | |
| Location: | Sweden | |
| Commodities: | Gold-Silver-Iron-Sulphur-Copper-Zinc | |
| Date: | 5/8/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-5-2017: S2 Resources Ltd. announces an Exploration/Drilling Update report for its Bjurtraskgruvan deposit at the Skellefte project. Drilling results incl. 24.4m @ 1.11% Cu, 5.1g/t Ag from 220.7m. S2 Resources Ltd (“S2” or the “Company”) advises that it | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andy Thompson (Internal) | |
| ABSTRACT: | S2 Resources Ltd (“S2” or the “Company”) advises that it continues to advance its Scandinavian exploration with positive drilling and geophysical results at the Bjurtraskgruvan and Skaggtraskberget VMS prospects within its 100% owned Skellefte project. Additionally, the Company has increased its land position in both Sweden and Finland in light of positive reconnaissance results and intensifying third party activity. S2 has now completed six holes at the Bjurtraskgruvan VMS prospect. Drilling in Sweden has stopped due to the onset of the spring thaw, but will recommence later in the summer on accessible targets once the ground has dried sufficiently. The Skaggtraskberget prospect is likely to be the first to be drilled in the summer campaign. In the meantime, with ground being exposed by the melting snow, various targets and prospects in Sweden and Finland will be explored using surface prospecting. This will include searching for the source of the clusters of mineralized boulders at Nasvattnet and Tjalmtrask in Sweden, and first pass field assessment of the Company’s extensive land package in Finland. S2’s drilling and geophysics confirms that the Bjurtraskgruvan prospect comprises an elongated shoot which represents a substantial volume of mineralized material. The focus of future drilling will be to define its limits and to identify any higher grade sweet spots within the overall system. Despite being drilled over a plunge extent of 450 metres, the depth of mineralization at this point is only 220 metres below surface because of the shallow plunge. | |
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