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Turmalina Metals Corp.
Summary
| Project: | San Francisco | |
|---|---|---|
| Deposit: | San Francisco de Los Andes | |
| Location: | Argentina | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 12/2/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-12-2019: Turmalina Metals Corp. announces an Exploration/Drilling Update report for its San Francisco de Los Andes deposit at the San Francisco project. Drilling results incl. 85.3m @ 4.43g/t Au, 109g/t Ag, 0.79% Cu, 4931ppm Pb, 519ppm Zn from 27.7m. VA | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Rohan Wolfe (Internal) | |
| ABSTRACT: | VANCOUVER, Dec. 2, 2019 /CNW/ - Turmalina Metals Corp. ("Turmalina" or the "Company") is pleased to announce that its common shares will start trading on the TSX Venture Exchange on Tuesday, December 3 rd, 2019 under the symbol TBX. Turmalina is focused on the exploration and development of high-grade gold-bearing tourmaline breccias at San Francisco (the "San Francisco Project"), located in the mining-friendly state of San Juan, Argentina. Turmalina has completed 10 diamond drill holes at the San Francisco de Los Andes breccia pipe at its San Francisco project. Dr. Rohan Wolfe, Chief Executive Officer, states: "The identification and acquisition of these high-grade, gold-bearing tourmaline breccia projects is the result of two years of work and due diligence by our technical team including assessments on dozens of projects throughout South America. Our projects met strict criteria developed by our team of geologists and engineers, a process now validated through recent drilling. The exceptional drill results at the San Francisco Project highlight the high-grade, gold-rich nature of the San Francisco breccias, returning some of the highest gold-grades recorded for this deposit style. Drilling of the San Francisco de Los Andes breccia pipe shows that the pipe flares outward with increasing depth, a geometry typical of tourmaline breccias that indicates increasing upside at depth. Most significantly the drilled breccia pipe is only one of over 60 breccias mapped to date on our property, with recent sampling by the company identifying several breccias that have returned 1 to 10 g/t gold from surface sampling. We are now keen to accelerate work on the ground." | |
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