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Zenith Minerals Ltd.
Summary
| Project: | Kavaklitepe | |
|---|---|---|
| Deposit: | Kuzey, Guney, Discovery | |
| Location: | Turkey | |
| Commodities: | Gold | |
| Date: | 12/20/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-12-2016: Zenith Minerals Ltd. announces an Exploration/Drilling Update report for its Kuzey, Guney, Discovery deposit at the Kavaklitepe project. Drilling results incl. 9.4m @ 1.5g/t Au from 36.6m. Results from a single drill hole test at the Discovery | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Michael Clifford (Internal) | |
| ABSTRACT: | Results from a single drill hole test at the Discovery Zone indicate gold mineralisation over a 23.5 metre (m) interval in hole KT-18A with results including: 9.4m @ 1.5 g/t Au and 3.5m @ 2.1 g/t Au, approximately 60m down dip of surface trench results (previously reported) that include: 21.0m @ 2.7 g/t Au and 27.0m @ 1.4 g/t Au; The Discovery Zone gold mineralisation remains open to the northeast and southwest and is open down dip. These new drill results at the Discovery Zone are located 1.3km southeast of high-grade, near surface gold intersections previously reported (between 6 June and 5 October 2016) over +360m strike length at the Kuzey Zone. Gold mineralisation at the Kuzey Zone remains open to the north and east and also to the south where drill holes KT-02, KT03 and KT05 only test a 80m wide portion of the target zone. Zenith considers that the 2016 maiden drilling program has been very successful, and is waiting formal notice from Teck Anadolu Madencilik A.S of a proposed 2017 exploration budget to scope out the potential size and grade of gold mineralisation discovered. | |
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