Category: 2017 Online News

  • 47 g/t Au Over 2.6 Meters Intersected At Windfall

    47 g/t Au Over 2.6 Meters Intersected At Windfall

     

    MONTREAL, QB – Osisko Mining Inc. reported new results from the ongoing drill program at its 100% owned Windfall Lake gold project located in the Urban Township, Quebec. The drill program has recently been increased by 250,000 meters for the 2017 season (for a total of 400,000 meters) and combines definition drilling above the Red Dog intrusion, expansion drilling above and below Red Dog, expansion drilling to the NE of the main mineralization, and exploration drilling on the greater deposit and Urban-Barry Project area. Nine drills are currently active in and around the Windfall deposit and three on the Urban-Barry and Souart properties, with additional drills planned to be added in the coming month. Data from seven new drill holes are reported. New results include: 47g/t Au over 2.6 meters (303 g/t Au over 2.6 meters uncut) in DDH OSK-W-16-743; 8.7 g/t Au over 6.8 meters (11.6 g/t Au over 6.8 meters uncut) in OSK-W-16-735-W1; 11.7 g/t Au over 5.3 meters, 7.9 g/t Au over 9.8 meters and 12.2 g/t Au over 3.5 meters in OSK-W-16-735-W2; and 16.5 g/t Au over 3.7 meters in OSK-W-16-746.

     

     

  • Talbot Deposit-Main Lens Intersects 5.3m Grading 3.9% Cueq

    Talbot Deposit-Main Lens Intersects 5.3m Grading 3.9% Cueq

     

    TORONTO, ON – Rockcliff Copper Corporation reported additional drill hole assay and geophysical drill hole survey results from its ongoing phase 2 exploration program on the Talbot Property. The property forms part of Rockcliff’s Snow Lake Project centered on the Snow Lake Mining Camp, Manitoba.

    Highlights: Recently completed drill hole intersects high grade mineralization of the Talbot deposit main lens. Drill hole TB-012 intersects 5.3 meters grading 3.9% Copper Equivalent (Cueq) (2.0% copper, 1.94g/t gold, 0.32% zinc, 20.03g/t silver); Surveying of drill holes locates one of the largest undrilled conductive geophysical anomaly/plate yet discovered below the Talbot deposit north lens with dimensions of 300 meters by 600 meters. 

    At the Talbot deposit north lens, the Company completed several drill hole geophysical surveys on historic holes and on its recently completed drill holes TB013 and TB014 which intersected 7.1 meters grading 4.1% Cueq and 2.6 meters grading 2.4% Cueq respectively (please see press release dated November 29, 2016 for additional information). The survey results identified a new drill target that represents one of the largest undrilled conductive plates yet discovered on the property below the existing Talbot deposit north lens mineralization, measuring 300 meters along strike and 600 meters of depth extent. Historic hole TLS007 appears to have intersected the very top edge of the conductive plate intersecting 4.4% Cueq across 2.1 meters. 

    Ken Lapierre, President and CEO commented, "All large mines in the Flin Flon-Snow Lake greenstone belt have extensive multiple stacked mineralized lenses that coincide with multiple stacked extensive conductive geophysical anomalies or plates. At Talbot, the fact that we have discovered the largest undrilled geophysical conductive plate immediately below the Talbot deposit is encouraging and a real testament to the significant upside potential on this property located within this prolific world class mineral belt. Our phase 2 drill program will continue immediately and will focus on the discovery of additional mineralized lenses proximal to the Talbot deposit".

     

  • Arizona Mining Reports 1,700 Ft Stepout From Current Resource

    Arizona Mining Reports 1,700 Ft Stepout From Current Resource

     

    VANCOUVER, BC – Arizona Mining Inc. reported the results of four exploration drill holes from its current program on the Taylor zinc-lead-silver sulfide deposit located on its 100%-owned Hermosa Project in Santa Cruz County, Arizona. This brings the total number of drill holes reported in the 2016 program to forty-one.

    HDS-353 is a significant step out hole drilled approximately 1,700 feet southwest of the boundary of the previously reported resource (see news release dated October 31, 2016). The drill hole intersected three distinct carbonate replacement deposit ("CRD") hosted stratabound mineralized horizons and one high grade zinc-lead-silver vein. The CRD and vein mineralization occurs in the middle member of the Scherrer Formation (a significant ore host at Taylor). Three well mineralized CRD zones were intersected in the drill hole including a 32-foot thick interval assaying 12.2% zinc, 8.2% lead and 2.3 ounces per ton ("opt") silver. Included in the zone was a higher-grade, 17-foot thick interval grading 22.0% zinc, 14.8% lead and 3.8 opt silver.

    HDS-387 is a vertical hole drilled to infill an untested area on the northeast margin of the previously reported resource area. The drill hole was successful and clearly indicates continuity of the mineralization in the northeast area of the resource. HDS-387 intersected seven distinct mineralized CRD horizons with a total cumulative mineralized thickness of 276.5 feet. Several mineralized zones were intersected in the drill hole including a 41.5-foot thick interval assaying 11.1% zinc, 21.8% lead and 7.5 opt silver, which occurred within a larger interval 112.5 feet thick which assayed 5.4% zinc, 9.6% lead and 3.2 opt silver.

    HDS-382 is a low angle (-60 degrees) core hole drilled to infill the resource to the southwest. The drill hole intersected eight mineralized zones totaling 251 feet of mineralization and infilled a gap in drill coverage. The most significant interval from the drill hole was an 87-foot thick zone high in the carbonate sequence which assayed 9.6% zinc, 10.5% lead and 4.7 opt silver. Deeper down the hole, the drilling intersected a 10-foot thick interval within a broader zone of mineralization 29 feet thick, which assayed 3.3% zinc, 7.4% lead and 2.3 opt silver.

    HDS-386 was drilled to test an area along the northeast boundary of the patented claim block. The drill hole intersected four significant zinc/lead/silver veins in the volcanics and two CRD intervals in the carbonates. The CRD intersections indicate continuity of the mineralization in the area of the drill hole extending northwest from HDS-354. One of the veins intersected in the volcanics assayed 4.8% zinc, 26.8% lead and 26.5 opt silver over 2.5 feet, however the true thickness of the vein is believed to be less than 1.5 feet. The most significant CRD interval in the drill hole was a 51-foot thick intercept assaying 0.6% zinc, 3.0% lead and 3.9 opt silver.

    Arizona Mining CEO Jim Gowans commented, "As we prepare for the preliminary economic assessment, which is planned for the end of Q1 2017, the drilling continues to deliver excellent results for both the infill and expansion of the Taylor deposit. The drill results and advanced metallurgical program currently underway will underpin the study."

    Drill intersections with a combined zinc and lead grade of greater than 9% are bolded. Drill intervals are down the hole drill width but are considered to be within 5% of true width, excepting noted veins. It is not possible to determine the true width of the veins and no representation is made here regarding true width of the veins.

    Arizona Mining Inc. is a Canadian mineral exploration and development company focused on the exploration and development of its 100%-owned Hermosa Project located in Santa Cruz County, Arizona. The Taylor Deposit, a zinc-lead-silver carbonate replacement deposit, has a resource of 31.1 million tons in the Indicated Mineral Resource category grading 10.9% zinc equivalent ("ZnEq") and 82.7 million tons in the Inferred Mineral Resource category grading 11.1% ZnEq, both utilizing a 4% ZnEq cutoff grade calculated in accordance with NI 43-101 guidelines (refer to the Company’s news release dated October 31, 2016). The Taylor Deposit remains open to the north, west and south over land controlled by the Company and will be aggressively drilled to test the limits of the resource. The Company’s other project on the Hermosa property is the Central Deposit, a silver-manganese manto oxide project.