For thousands of other reports visit RSC's Mineral Intellingence Map
TMAC Resources Inc.
Summary
| Project: | Hope Bay | |
|---|---|---|
| Deposit: | Doris North | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/23/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 23-5-2017: TMAC Resources Inc. announces an Exploration/Drilling Update report for its Doris North deposit at the Hope Bay project. Drilling results incl. 20.48m @ 4.22g/t Au from 217.06m. TORONTO, May 23, 2017 /Business Wire/ – TMAC Resources Inc. (TSX: | |
| Resources: | (Resource, M+I): 0.55Mt @ 20.2g/t Au for 358koz at Doris North Hinge | |
| CP/QP: | [Overall Report]: David King (Internal) | |
| ABSTRACT: | TORONTO, May 23, 2017 /Business Wire/ – TMAC Resources Inc. (TSX: TMR) (“TMAC” or the “Company”) is pleased to report on the progress of the Doris North below the diabase dyke “BTD” access development and initial exploration drilling results BTD at the Doris Mine, located in the northern part of TMAC’s Hope Bay Property, located in the Kitikmeot region of Nunavut, Canada. Dr. Catharine Farrow, Chief Executive Officer of TMAC, stated, “The Doris North BTD underground drilling began from BTD development in March and results reported today are interpreted to have intersected the Doris North stratigraphy and BTD East Limb mineralization, and confirm the Doris North ore-hosting structures continues at depth below the diabase dyke, approximately 400 metres south of the drilling completed in 2016. We will now be able to focus our BTD drilling on parts of those structures where high-grade gold has been intersected outside of the known BTD East Limb mineral envelope in order to evaluate their potential extent, continuity and grade. As a result of today’s encouraging drill intersections, we have been able to refine our understanding of the major ore-hosting structures at depth at Doris North, and to have the confidence to add a second drill to the underground drill program as drill bays become available. Last year, the excellent drill results of 2016 on the Doris North BTD target provided TMAC management with the confidence to extend mine development below the diabase dyke. | |
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