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TMAC Resources Inc.
Summary
| Project: | Hope Bay | |
|---|---|---|
| Deposit: | Boston, Doris Mine | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 9/15/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 15-9-2017: TMAC Resources Inc. announces an Exploration/Drilling Update report for its Boston, Doris Mine deposit at the Hope Bay project. Drilling results incl. 17.55m @ 54.31g/t Au from 57m. TORONTO, September 15, 2017 /Business Wire/ – TMAC Resources I | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: David King (Internal) | |
| ABSTRACT: | TORONTO, September 15, 2017 /Business Wire/ – TMAC Resources Inc. (TSX: TMR) (“TMAC” or the “Company”) is pleased to report additional drilling results from the 2017 drilling campaigns at both Doris Mine and Boston Deposit, on its 100% owned Hope Bay Project. The initial drilling results at Boston were reported on August 10, 2017 and TMAC has since received all assay results from the remaining Boston and Doris drilling to date. The Company is also providing an operational update. Dr. Catharine Farrow, Chief Executive Officer of TMAC, stated, “We are pleased with the very positive and encouraging results of TMAC’s initial exploration drilling campaign on the Boston deposit that was completed this summer. The campaign targeted wide, high-grade gold trends within the known Boston Mineral Resources and the results being reported today confirm the tremendous potential to mine these high grade zones using bulk underground mining methods. The results also indicate the potential to significantly increase the gold Mineral Resources at Boston and will be used to establish the 2018 Mineral Resource estimates. This summer’s drill program also confirmed that Boston has tremendous exploration upside, along strike and at depth. Drilling at Doris BTD, which is designed to refine the structural controls of the zone to guide infill drilling, will resume in the fourth quarter. The infill drilling continues to intersect high grade gold over mineable widths. In addition, the underground development in the BTD confirms the continuity and ore grade of the ore bearing structures at depth below the diabase dyke.” | |
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