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Shine Minerals Corp.
Summary
| Project: | Watts Lake | |
|---|---|---|
| Deposit: | Watts Lake | |
| Location: | Canada | |
| Commodities: | Zinc-Copper-Lead-Gold-Silver | |
| Date: | 7/8/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 8-7-2019: Shine Minerals Corp. announces an Exploration/Drilling Update report for its Watts Lake deposit at the Watts Lake project. Drilling results incl. 27.00m @ 4.55% Zn, 0.30% Pb, 11.78g/t Ag, 0.05g/t Au, 0.10% Cu from 16.00m. KELOWNA, BC, July 8, 20 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ross McElroy (Internal) | |
| ABSTRACT: | KELOWNA, BC, July 8, 2019 /CNW/ - SHINE MINERALS CORP. (TSX.V:SMR) ("Shine" or the "Company") is pleased to announce assay results from the seven hole (907m), drill program at its Watts Lake property (the "Property"), located in north-central Saskatchewan, Canada. This was the Company's first drill program and all seven holes targeted a 50m section of the historically drill defined Main Zone of the Bory's Lake mineralized complex, leaving 4.5km still to be tested by current drilling. Six holes hit wide zinc and silver mineralization, including high-grade intervals in multiple holes. Of particular note, hole WL19-006 (line 050W) returned 30.5m of total composite mineralization, including intervals such as 11.44% Zn+Pb and 15.76g/t Ag over 6.0m. Importantly, the results confirm that mineralization shows continuity and extends from surface to a depth of >100m. Next Phase of Drilling the 4.5km mineralized trend: The seven holes targeted a 50m section of the south part of the Borys Lake mineralized complex on the Main Zone, below surface Trench 4 (see News Release Nov 12, 2018). This area has seen limited historical drilling and although some historic core exists, no historical hole collar locations could be confirmed. Planning is already underway for the next phase of drilling, which will continue to extend along strike and depth for continuity and grade along the Bory's Lake trend. | |
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