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Zenith Minerals Ltd.
Summary
| Project: | Kavaklitepe | |
|---|---|---|
| Deposit: | Kavaklitepe | |
| Location: | Turkey | |
| Commodities: | Gold | |
| Date: | 6/16/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 16-6-2016: Zenith Minerals Ltd. announces an Exploration/Drilling Update report for its Kavaklitepe deposit at the Kavaklitepe project. Drilling results incl. 9m @ 5.2g/t Au from 0m at the Kuzey Zone. Zenith Minerals Limited (“Zenith” or “the Company”) is | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Michael Clifford (Internal) | |
| ABSTRACT: | Zenith Minerals Limited (“Zenith” or “the Company”) is pleased to advise that a short hole drill test has been carried out at the Kavaklitepe gold project in Turkey, to determine if a man-portable rig could provide the depth of drilling and quality of samples required to test anomalous gold-in-rock and soil anomalies. While further refinements are necessary to improve recoveries, the drill system is providing useful information. Two diamond drill holes (total 90.5m depth) have been completed to date using the small man-portable rig, testing the 900m by 250m wide Kuzey (North) Zone gold in soil anomaly only. The first hole was drilled at the southern end of the prospect area, the second 250m to the northeast along the strike of the high-grade gold surface rock samples. Commenting on the results, the Company’s Managing Director Mr. Michael Clifford said, “Although exploration at Kavaklitepe is at a very early stage, the initial drill results testing beneath the first of three existing high-order gold in soil anomalies are very encouraging. We have been eagerly awaiting the drill test of these outstanding surface gold targets; the drilling of which has been a high-priority for the Company. Our partner has commenced the first exploration test of the project and I look forward to providing further results when they come to hand.” | |
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