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S2 Resources Ltd.

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Summary

Project:

Skellefte

Deposit:Storgroven
Location:Sweden
Commodities:Gold-Silver-Iron-Sulphur-Copper-Zinc
Date:3/27/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:27-3-2018: S2 Resources Ltd. announces an Exploration/Drilling Update report for its Storgroven deposit at the Skellefte project. Drilling results incl. 15.7m @ 0.8g/t Au, 6g/t Ag from 25.0m. S2 Resources Ltd (“S2” or the “Company”) advises initial diamon
Resources:x
CP/QP:[Overall Report]: Andy Thompson (Internal)
ABSTRACT:S2 Resources Ltd (“S2” or the “Company”) advises initial diamond drilling of the Storgroven prospect has identified a VMS-prospective horizon containing lenses of massive and stringer sulphides strongly anomalous in precious metals. Results have been received for three of the eight holes drilled at Storgroven, with the best intercept being 15.7m @ 0.8g/t gold and 6g/t silver. Historical drilling at the nearby Aliden prospect has defined similar mineralization with intercepts of up to 23.4m @ 1.5g/t gold and 41g/t silver. An electromagnetic (EM) survey has also identified two conductors immediately to the south of and subparallel to the recent drilling at Storgroven that have not yet been tested. Assays are pending for a further five holes and the rig is currently drilling two lines of reconnaissance holes at the Onusberget prospect. Results have been received for three of the eight holes drilled as a preliminary test of the Storgroven base of till gold-silver anomaly announced on 6 th February 2018. Hole SSTG180001 intersected a zone of hydrothermally altered and brecciated felsic volcanics with stringerto massive pyritic sulphide zones beneath the peak of the base of till anomaly. The core of this zone comprises an intercept of 15.7m @ 0.8 g/t gold and 6 g/t silver from 25m downhole.

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