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Source Exploration Corp.
Summary
| Project: | Las Minas | |
|---|---|---|
| Deposit: | El Dorado/Juan Bran | |
| Location: | Mexico | |
| Commodities: | Gold-Silver-Copper | |
| Date: | 4/13/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-4-2017: Source Exploration Corp. announces an Exploration/Drilling Update report for its El Dorado/Juan Bran deposit at the Las Minas project. Drilling results incl. 36.0m @ 2.07g/t Au, 2.28g/t Ag, 0.84% Cu from 86.4m. SOURCE EXPLORATION CORP. (the “Co | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Sonny Bernales (Not stated) | |
| ABSTRACT: | SOURCE EXPLORATION CORP. (the “Company” or “Source”) (TSX-V: SOP) is pleased to announce that drilling at its Las Minas gold project has intersected long intervals of high-grade gold, copper and silver mineralization. Diamond drilling at the El Dorado – Juan Bran zone cut 6.82 g/t Au Eq(1) over 12.0 metres, contained within a 24.0 metre interval grading 4.43 g/t Au Eq in diamond drill hole LM-17-ED-25. Hole LM-17-ED-28 graded 5.98 g/t Au Eq over 6.0 metres within a wider interval grading 3.48 g/t Au Eq over 36.0 metres. Hole LM-17-JB-12 graded 4.63 g/t Au Eq over a 6.0 metre interval, contained within 14.0 metres grading 2.97 g/t Au Eq. The objective of the drilling program, which includes infill / extension and step-out drilling, is to advance the Las Minas project to a mineral resource estimate, scheduled for Q2. The resource estimate will focus on the El Dorado / Juan Bran and Santa Cruz zones, two of six known mineralized zones at the property. Drilling is continuing at the site and additional holes will be reported as soon as results are received, compiled and evaluated. Brian Robertson, Chairman and CEO, commented: “These initial drill results validate and extend the mineralized footprint of the El Dorado-Juan Bran zone, outlined by earlier exploration drilling. A zone measuring up to 430 metres in width and extending some 650 metres down dip, varying from 4 to 58 metres in thickness has been outlined. The zone remains open both on strike and down dip. The validation and expansion of the zone by the current drilling bodes well for defining a mineral resource estimate.” | |
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