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Vanstar Mining Resources Inc.
Summary
| Project: | PRH | |
|---|---|---|
| Deposit: | PRH | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/18/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-7-2016: Vanstar Mining Resources Inc. announces an Exploration/Drilling Update report for its PRH deposit at the PRH project. Drilling results incl. 4m @ 2.45g/t Au. La Prairie, July 18, 2016. The management of Vanstar Mining Resources Inc. (VSR- TSX-V | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Giles Laverdiere (Not stated) | |
| ABSTRACT: | La Prairie, July 18, 2016. The management of Vanstar Mining Resources Inc. (VSR- TSX-V) announces that it has completed an initial drill program on the PRH Gold project, located in the mining region of Rouyn-Noranda, in Abitibi-Temiscamingue. The drilling program comprised 8 holes totaling 1200 meters and had the following objectives: 1. Test by drilling some MMI geochemical anomalies identified in the northern part of the Moriss showing. 2. Verify the presence of a fault about 500 meters north of the Moriss zone. 3. Check some gaps still open near the surface in the Moriss zone. Of the three holes drilled to test gold geochemical anomalies, two holes detected anomalous gold zones including hole MO-16-05 which gave an average grade of 0.736 g/t Au over 6 meters in a brecciated zone containing epidote and pyrite over 24.20 meters of anomalous content grading 0.308 g/t Au. Further tests are underway to identify anomalies in copper, zinc, molybdenum and silver. Hole MO-16-01 drilled to identify a possible fault failed to reveal same. No gold values were identified in the hole. Holes MO-16-06, MO-16-07 and M0-16-08 were carried out to test an undrilled area near the surface and all have intersected the Moriss zone. The best values were recorded in hole MO-16- 08 which revealed a grade of 2.45 g/t Au over 4 meters including 2.5 meters grading 3.56 g/t Au. | |
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