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Trevali Mining Corp.
Summary
| Project: | Caribou Mine | |
|---|---|---|
| Deposit: | Caribou | |
| Location: | Canada | |
| Commodities: | Zinc-Lead-Copper-Silver-Gold | |
| Date: | 12/11/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine in Care & Maintenance | |
| Report details: | 11-12-2017: Trevali Mining Corp. announces an Exploration/Drilling Update report for its Caribou deposit at the Caribou Mine project. Drilling results incl. 10.15m @ 6.87% Zn, 1.99% Pb, 0.33% Cu, 53g/t Ag, 1.8g/t Au from 512.35m. Vancouver, British Columb | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mark D. Cruise, Daniel Marinov (Internal) | |
| ABSTRACT: | Vancouver, British Columbia: Trevali Mining Corporation ("Trevali" or the "Company") (TSX: TV; BVL: TV; OTCQX: TREVF; Frankfurt: 4TI) announces the latest results of its 2017 exploration campaign at the Caribou Zinc Mine in the Bathurst Mining Camp of New Brunswick, Canada. Directional exploration drilling has defined a major body of massive sulphide mineralization containing significant zinc-rich polymetallic intervals. As presently defined, the zone is centred approximately 350 metres from the currently defined deposit and remains open for expansion. In 2015, the first hole into the north limb extension was reported, BR-1014A – intersected 50.9 metres grading 5.08% Zn, 1.76% Pb, 0.37% Cu, 59.66 g/t Ag and 1.63 g/t Au (see TV-NR-15-07 for details). The intercept was interpreted to highlight the excellent continuity of mineralization along the prospective “Caribou Horizon” and was a significant step out beyond the 2014 resource base. The 2017 exploration programme was designed to follow-up and better define and expand this zone of mineralization (Figures 1 and 2): Drilling to date has defined two lenses of massive sulphide mineralization which vary from 5-to-plus-30 metres thick and have a currently modeled strike length of approximately 450 metres and a dip length of approximately 700 metres, within which higher-grade “Run-Of-Mine” mineralization occurs (Figure 2). Mineralization as presently defined is adjacent to mine infrastructure, effectively doubles the strike length of the North Limb of the Caribou deposit and remains open for expansion. The current 2017 inferred resource drilling program is scheduled to be completed by mid-December, with additional drill results and resource estimate to be announced in the first quarter of 2018. Potential extensions to the East Limb remain to be tested in 2018 | |
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