VANCOUVER - Leocor Mining Inc. reported on the exploration and development of precious metals projects…
High Grade Intercepts At The Big Blue Exploration Project
VANCOUVER – Ridgeline Minerals Corp. reported on the maiden drill programs at the Big Blue and Atlas exploration projects. Both projects are 100%-owned by the Company with no underlying work commitments or royalties.
Chad Peters, President & CEO, said, “We were excited to test the conceptual IP targets at Big Blue and are encouraged that we intercepted an exceptionally high-grade Cu-Ag-W intercept in our maiden program. While the program did not meet all of our objectives, it did confirm that the northeast trending Delker Mine corridor continues to carry high-grade mineralization from surface to over 500 meters beneath the historic Delker Mine. This high-grade corridor remains open at depth and along strike for 1.5 kilometers between the Delker and Skarn Hill mines before dipping under alluvial cover.
Initial results suggest mineralization may be vectoring south along the Delker corridor towards the Skarn Hill mine, highlighting the potential to discover copper-rich skarn and CRD mineralization in the same rock formation that hosts the Chinchilla CRD discovery at our nearby Selena project. We will continue to revise our geologic model and assess the next steps for the project. Meanwhile, we will complete drill programs this summer across our four other projects — Atlas, Selena, Swift and Black Ridge, with the latter three projects fully funded by our partners.”
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