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Drill Program At The Converse Project
VANCOUVER – Roxmore Resources Inc. reported on the Converse Gold Project located on the Battle Mountain – Eureka Trend in Nevada. Results include a significant intercept of 194.5m grading 0.71 g/t gold from 190.2m depth, including 12.5m grading 1.14 g/t Au from 208.5m, and 24.1m grading 1.77 g/t Au from 281m. The drill hole was completed as part of the Company’s ongoing Preliminary Economic Assessment (PEA) studies and continues to validate both the scale and continuity of gold mineralization at Converse.
Nearby historic RC hole NK-087 intersected 118.3m at 0.63 g/t Au (74.3 g*m). Through its twinned interval, CV25-007C returned 104.6m at 0.73 g/t Au (76.3 g*m), demonstrating an excellent correlation between RC and core drilling results at Converse. As RC hole NK-087 ended in mineralization, CV25-007C was extended to depth, successfully extending gold mineralization an additional 89.6 m below the historic hole.
The true thickness of mineralization in CV25-007C is estimated to be approximately 150m, based upon modelled controlling sedimentary bedding dips and grade shell models. The highest individual gold assay returned 5.39 g/t Au, determined by fire assay with gravimetric finish.
The continuity and grade of mineralization intersected in CV25-007C support previous drilling results and strengthen confidence in the reliability of the existing database as the Project advances through economic studies. These results further demonstrate the potential for new mineralized zones within the current pit-shell constrained mineral resource.
John Dorward, Executive Chairman, said, “Drilling continues to reinforce the robust nature of the Converse deposit. Our geology team has undertaken a significant relogging and modelling exercise in recent months and it is very encouraging to see this work reflected in the strong result. We continue to advance project studies and look forward to delivering what we believe will be a compelling PEA next quarter.”
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