Top-News
Montag,
02.10.2017 13:05
von
PR Newswire
| Aufrufe: 60
Treasury Metals Inc. - Condemnation Drilling Highlights Near Surface Expansion Potential Along Strike to the North-East
Meta Platforms ist ein globales Technologieunternehmen, das sich auf soziale Medien, virtuelle Realität und Augmented Reality konzentriert.
©unsplash.com
PR Newswire
TORONTO, Oct. 2, 2017
TSX: TML OTCQX: TSRMF
TORONTO, Oct. 2, 2017 /PRNewswire/ - Treasury Metals Inc. (TSX: TML) (OTCQX: TSRMF) ("Treasury" or the "Company") is pleased to announce results from its recently completed 4,360 metre condemnation and exploration drilling program at the Company's flagship Goliath Gold Project located in Northwestern Ontario. The condemnation program drilled several areas where future mining infrastructure will be situated, including milling and mining operations, and is encouraged by a number of new near surface intersections northeast of the proposed open pit.
The Company is also pleased to report a number of significant intersections in its active infill sampling program which is designed to assay previously drilled but un-sampled drill core in all zones, prioritizing intervals within and near the proposed open pit. Results include TL10-96 intersecting 11.37 g/t over an intersection length of 4.20 m including 34.80 g/t over 1.30 m within the D Zone and TL10-108 intersecting 31.38 g/t over 3.00 m including 93.40 g/t over 1.0 m in a HW Zone.
The first drill results from the Company's active infill drilling program are expected to be announced in October.
Condemnation Program:
Gold mineralization was intersected in several drill holes approximately 80 to 350 metres from the proposed open pit. Due to the proximity to the proposed open pit, these and future drilling results, may lead to an eastern expansion of the pit and/or underground operations ("East Resource Target").
There were a number of near surface highlights within the C Zone, located approximately 20-60 metres behind the Main Zone.
- TL17-445 intersecting 2.26 g/t over an intersection length of 5.83 m with visible gold observed and 16.79 g/t over 2.00 m in the D Zone.
- TL17-459 intersecting 2.84 g/t over 5.60 m including 13.80 g/t over 1.00 m and 4.00 m of 0.84 g/t in the same hole.
- TL17-458 intersecting 0.71 g/t over 8.00 m.
These new holes are located close to previously drilled holes TL12-268 which contained 3.53 g/t over 7.00 m and TL12-265 with 0.71 g/t over 8.50 m. In addition, these results within the C Zone are up dip of a potential developing, inferred high-grade shoot, which includes TL200 that intersected 4.78 g/t over 4.50 m and TL205 with 1.98 g/t over 4.50 m, where additional drill holes are planned in the second half of the current drilling program.
The Program also had encouraging results in the same area in the Main Zone (TL17-456, TL17-457) highlighted in the attached image and table (click here to enlarge image).
Chris Stewart, President and Chief Executive Officer, commented: "After completion of the current infill drilling program in the Main Zone resource area, this East Resource Target will become an area of focus with plans to drill test down dip and along strike to further delineate this exciting target. The additional drilling in this zone has the potential to add near surface mineral resources which may potentially extend the mine life and/or increase production rates from the underground when compared to the proposed mining schedule in the 2017 PEA."
East Resource Target Intercepts:
| Drill Hole | Section | | From | To | *Intercept | Au (g/t) | Ag (g/t) | Comments |
| TL17423 | 528600E | | 30.00 | 33.40 | 3.40 | 0.72** | 2.29 | C Zone |
| TL17425 | 528650E | | 57.40 | 61.30 | 3.90 | 0.66** | 3.29 | C Zone |
| TL17445 | 528475E | | 43.17 | 49.00 | 5.83 | 2.26** | 3.89 | C1 Zone |
| | | Including | 47.00 | 48.00 | 1.00 | 9.92** | 3.60 | Visible Gold |
| | | | 57.20 | 59.00 | 1.80 | 2.56** | 5.38 | C2 Zone |
| | | | 68.00 | 70.00 | 2.00 | 16.79** | 1.90 | D Zone |
| | | Including | 69.00 | 70.00 | 1.00 | 33.30** | 2.10 | |
| TL17455 | 528675E | | 63.00 | 68.00 | 5.00 | 0.79 | 2.02 | Main Zone |
| | | Including | 66.00 | 68.00 | 2.00 | 1.50 | 3.45 | |
| TL17456 | 528700E | | 132.00 | 139.00 | 7.00 | 0.94 | 5.81 | Main Zone |
| | | Including | 137.00 | 139.00 | 2.00 | 2.11 | 6.60 | |
| TL17457 Werbung Mehr Nachrichten zur Treasury Metals Aktie kostenlos abonnieren
E-Mail-Adresse
Bitte überprüfe deine die E-Mail-Adresse.
Benachrichtigungen von ARIVA.DE (Mit der Bestellung akzeptierst du die Datenschutzhinweise) -1  Vielen Dank, dass du dich für unseren Newsletter angemeldet hast. Du erhältst in Kürze eine E-Mail mit einem Aktivierungslink. Hinweis: ARIVA.DE veröffentlicht in dieser Rubrik Analysen, Kolumnen und Nachrichten aus verschiedenen Quellen. Die ARIVA.DE AG ist nicht verantwortlich für Inhalte, die erkennbar von Dritten in den „News“-Bereich dieser Webseite eingestellt worden sind, und macht sich diese nicht zu Eigen. Diese Inhalte sind insbesondere durch eine entsprechende „von“-Kennzeichnung unterhalb der Artikelüberschrift und/oder durch den Link „Um den vollständigen Artikel zu lesen, klicken Sie bitte hier.“ erkennbar; verantwortlich für diese Inhalte ist allein der genannte Dritte. Andere Nutzer interessierten sich auch für folgende News |
