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Valterra Resource Corp.
Summary
| Project: | Swift Katie | |
|---|---|---|
| Deposit: | Swift Katie | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 2/9/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-2-2017: Valterra Resource Corp. announces an Exploration/Drilling Update report for its Swift Katie deposit at the Swift Katie project. Drilling results incl. 6.6m @ 0.96g/t Au, 0.6g/t Ag from 41.0m. Valterra Resource Corporation (“Valterra”) reported t | |
| Resources: | (historical estimates only) | |
| CP/QP: | [Overall Report]: Robert Macdonald (Internal) | |
| ABSTRACT: | Valterra Resource Corporation (“Valterra”) reported today results from a recently conducted exploration program on the wholly-owned Swift Katie project in SE BC near Salmo. Six NQ2- sized diamond drill holes, totaling 1,954m, were completed at the Swift Zone in December 2016 on two high priority targets. The drill targets were prioritized from a series of gold anomalies identified from an earlier infill soils and reconnaissance rock sampling program which reevaluated prospects from historical 1980s work and 2014 drilling. Rob Macdonald, General Manager of Exploration, said, “Surface work and drilling on the Swift Katie property in 2016 confirmed both the extent and tenor of this property-wide, large-scale mineralized structure and forms the basis for continued work on the property.” The Swift Katie Project consists of 19 contiguous MTO mineral claims, covering over 83 square kilometres within a geologically favourable and highly metallogenic area of B.C. that historically has hosted several important mining camps. Drilling to date on the Katie zone has identified three accumulations of semi continuous Cu-Au mineralization over an 1,800m cumulative strike length. Initial work by Valterra has identified eight infill holes totaling 2,600m which, when completed, should significantly enhance both the size and continuity of the mineralization. Widespread Cu-in-soil anomalies suggest several additional untested targets. | |
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