For thousands of other reports visit RSC's Mineral Intellingence Map
Trimetals Mining Inc.
Summary
| Project: | Gold Springs | |
|---|---|---|
| Deposit: | Jumbo | |
| Location: | United States | |
| Commodities: | Gold-Silver | |
| Date: | 10/26/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 26-10-2016: Trimetals Mining Inc. announces an Exploration/Drilling Update report for its Jumbo deposit at the Gold Springs project. Drilling results incl. 88.4m @ 0.496g/t Au, 17.40g/t Ag from 103.6m. October 26, 2016, Vancouver, British Columbia—TriMeta | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Randall Moore (Internal) | |
| ABSTRACT: | October 26, 2016, Vancouver, British Columbia—TriMetals Mining Inc. (TSX: TMI and TMI.B, US OTCQX: TMIAF and TMIBF), (the “Company”), is pleased to announce the results of the first seven holes from the 2016 drill programat Jumbo. The results clearly demonstrate an extension of the mineralized zone to the east and south, with grades higher than the resource average grade reported in the Preliminary Economic Assessment (“PEA”) (PR 15-10 of August 12, 2015). Ralph Fitch, President and CEO of the Company , stated, “This extension to the mineralization in south Jumbo starts the process of filling in the eight-kilometre long Jumbo Trend. By the end of the year we also plan to complete resource expansion drilling in the northern portion of the Jumbo Trend approximately 1.3 km to the north of the holes reported here, and in the southern portion of the Jumbo Trend at the historic Etna mine target, some two km further south, where surface outcrop sampleshave assayed greater than 1 g/t gold (see PR 16-01 of January 27, 2016). The importance of the Jumbo Trend is that 75% of our present resource has been drilled in a 1.3 km segment of the Trend and we are now starting to expand beyond this segment into other parts of the eight-kilometre Trend where we are also finding mineralization. Our presently reported resource includes 597,000 oz AuEq** in the Measured and Indicated category and 306,000 oz of AuEq** in the Inferred category.” | |
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