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Project: | Pick Lake | |
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Deposit: | Pick Lake | |
Location: | Canada | |
Commodities: | Zinc-Copper-Silver-Gold | |
Date: | 5/1/2018 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 1-5-2018: Superior Lake Resources Ltd. announces an Exploration/Drilling Update report for its Pick Lake deposit at the Pick Lake project. Historic drill results incl. 33.2m @ 18.77% Zn, 2.26% Cu. Superior Lake Resources Limited (“Superior” or the “Compan | |
Resources: | Historic resource estimate: 1.46Mt @ 15.06% Zn, 0.84% Cu, 36.84g/t Ag, 0.49g/t Au at Pick Lake | |
CP/QP: | [Resources]: Uwe Engelmann (Minxcon Pty Ltd.) | |
ABSTRACT: | Superior Lake Resources Limited (“Superior” or the “Company”) continues to implement the redevelopment strategy of the Superior Lake Zinc Project (the “Project”) with historical data compilation and verification ongoing as part of the project timeline to have a 3D geological model by end of Q2 2018. A full validation process inclusive of drill hole collar pick-ups, re-sampling and assaying of core is also planned for Q2 2018 Compilation of historical Pick Lake drill-hole data (Figure 1) is the initial focus of the work currently being undertaken by Superior. Significant intercepts (excluding gold and silver credits) reported historically include: CEO, Mr David Woodall states: “In less than 3 months since consolidating the Superior Lake Zinc Project, the historical results provide us confidence that this project will again become the highest-grade zinc producer in Canada.” Superior Lake has commenced a redevelopment strategy initially focused on the completion of a 3D geological model of the existing historical resources. Once this is completed in the 2nd quarter 2018, Superior will commence a drilling program targeting a JORC 2012 resource to support the commencement of production. | |
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