For thousands of other reports visit RSC's Mineral Intellingence Map
Sphinx Resources Ltd.
Summary
| Project: | Calumet-Sud | |
|---|---|---|
| Deposit: | Calumet-Sud | |
| Location: | Canada | |
| Commodities: | Zinc | |
| Date: | 3/20/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-3-2018: Sphinx Resources Ltd. announces an Exploration/Drilling Update report for its Calumet-Sud deposit at the Calumet-Sud project. Drilling results incl. 6.80m @ 2.99% Zn from 18.0m. MONTREAL, March 20, 2018 -- Sphinx Resources Ltd. (“Sphinx” or the | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Normand Champigny, Michel Gauthier (Internal) | |
| ABSTRACT: | MONTREAL, March 20, 2018 -- Sphinx Resources Ltd. (“Sphinx” or the “Corporation”) (TSX-V:SFX) and its partner SOQUEM are pleased to announce the results from the remaining nine (9) holes from the 11-hole diamond drilling program completed earlier this year on the Calumet-Sud project in Quebec. The results include 13.1% zinc over 1.0 m in hole CS-18-02 within a stratiform and shallow-dipping mineralized horizon that graded 3.8% zinc over a 5.0 m length beginning at a depth of 15 metres. This is in addition to hole CS-18-07 that returned 6.6% zinc over 1.4 m within 3.0% zinc over a 6.8 m length beginning at a depth of 18 m and to hole CS-18-06 that returned 9.0% zinc over 1 m within 3.1% zinc over a 6.4 m length beginning at a depth of 15.6 m (see press releases of February 22 and March 6, 2018). Tables 1 and 2 (below) present the summary results and mineralized intervals. Figure 1 provides the geographical information including the 2014 and 2017 surface sampling results from trenches and stripped areas for the Sonny Zone. At the Sonny West Zone, hole CS-18-09 intersected the mineralized horizon that graded 1.7 % zinc over 2.7 m length beginning at a depth of 15 metres. The other two (2) holes intersected a karstic barren breccia that truncates the mineralized horizon. Based on outcrop measurements taken on the mineralized bands and drill holes orientation, the true thickness is estimated to range from 91% to 100% of the drilled length. Beyond the area of this drilling, the horizons can be traced over a 1.5 km strike length on the basis of strongly anomalous zinc values in soils and limited drilling conducted by Sphinx and SOQUEM in 2017 (see press releases dated July 13, 2017, February 22, 2017 and December 20, 2016). | |
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