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Waseco Resources Inc.
Summary
| Project: | Battle Mountain Ridge | |
|---|---|---|
| Deposit: | Battle Mountain Ridge | |
| Location: | United States | |
| Commodities: | Gold | |
| Date: | 1/26/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 26-1-2017: Waseco Resources Inc. announces an Exploration/Drilling Update report for its Battle Mountain Ridge deposit at the Battle Mountain Ridge project. Drilling results incl. 3.10m @ 7.60g/t Au from 152.40m. Toronto, Canada- WASECO RESOURCES INC. (Th | |
| Resources: | x | |
| CP/QP: | [Overall Report]: A. Lee Barker (Not stated) | |
| ABSTRACT: | Toronto, Canada- WASECO RESOURCES INC. (The “Company”) (WRI-TSX-V) is pleased to announce results from its recently completed 7 hole reverse circulation (“RC”) confirmation drill program on its Battle Mountain Ridge Gold Project, located within the Battle Mountain Trend, to the south of the Marigold and Trenton Canyon Gold Mines, in Nevada. The recently completed 7 hole RC program was designed to follow up on the high grade gold zone located in the 2012 core drilling program (Hole 12-5 with 3.7m @ 25.4 g/t Au) at depth and along strike, and also test certain gold targets identified by geochemical studies as possible extensions of the gold zones on the adjacent Trenton Canyon Mine, owned by Newmont Mining Corporation. Five of the holes were drilled on the northern portion of the property within the Stibnite Gold Zone, with Holes 16-1 to 16-4 and 16-6, all drilled to extend the earlier high grade gold intersections. All five holes intersected gold mineralization. Several of the current intersections along strike from Hole 12-5 are at depths consistent with the original discovery, with the others being interpreted as depth extensions and confirm the presence of a high grade gold zone (the “Main Zone”) that extends at least 155 meters along strike and an additional 70 meters at depth and remains open in both directions. | |
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