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TMAC Resources Inc.
Summary
| Project: | Hope Bay | |
|---|---|---|
| Deposit: | Boston | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 8/10/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 10-8-2017: TMAC Resources Inc. announces an Exploration/Drilling Update report for its Boston deposit at the Hope Bay project. Drilling results incl. 22.3m @ 22.42g/t Au from 50.8m. TORONTO, August 10, 2017 /Business Wire/ – TMAC Resources Inc. (TSX: TMR) | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: David King (Internal) | |
| ABSTRACT: | TORONTO, August 10, 2017 /Business Wire/ – TMAC Resources Inc. (TSX: TMR) (“TMAC” or the “Company”) is pleased to report that the first drilling campaign at the Boston Deposit, located in the south of its 100% owned Hope Bay Project, has intersected significant high-grade gold mineralization over wide widths. The on-going, initial drilling is designed to extend wide, high-grade trends within the current resource model. In addition, ongoing drilling at Doris below the dyke (“Doris BTD”) continues to intersect high grade gold over mineable widths and the underground development there confirms the continuity of the ore bearing structures at depth below the diabase dyke. Dr. Catharine Farrow, Chief Executive Officer of TMAC, stated, “Since acquiring the Hope Bay Project in 2013, we have focussed on Doris and patiently waited to initiate a major exploration campaign at Boston until we had the Doris mine in commercial production. Having achieved that effective June 1 st, we recommissioned the Boston camp located about 60 km south of the Doris complex and initiated our first drilling program there this summer. Initial drilling results, such as drill hole TMB0001, intersecting 15.3 g/t Au over 22.3 metres, are very encouraging and confirm Boston’s high-grade potential along-strike and down plunge.” | |
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