Vancouver, B.C. -- Constantine Metal Resources has reported the latest assay results for nine new drill holes from the AG Zone at its Palmer joint venture project, in Alaska, that have extended the strike length of the AG Zone to over 550 metres.
Expansion of the AG Zone, discovered 3 km southwest of the main Palmer Deposit in 2017, has been one of the main goals of the company's 10,000-meter 2018 summer exploration drill program.
New drilling at the AG Zone has intersected wide intervals of precious and base-metal rich massive barite-sulphide mineralization in multiple drill holes. Key highlights include:
- 14.0 metres grading 163 g/t silver, 0.5 g/t gold, 5.6% zinc, 1% lead and 60.7% barite, including 4.1 metres of 336 g/t silver, 0.6 g/t gold, 14.9% zinc, 2.3% lead and 67% barite, in hole 125;
- 6.8 metres grading 247 g/t silver, 0.8 g/t gold, 5.5% zinc, 2.8% lead and 69.6% barite, and 34.4 metres grading 152 g/t silver, 0.4 g/t gold, 1.6% zinc, 0.5% lead and 63.6% barite, in hole 128; and
- 33.5 metres grading 98 g/t silver, 0.4 g/t gold, 5.0% zinc, 1.1% lead, 0.2% copper and 41.5% barite in hole 130.
"Drilling this season has more than doubled the strike length of the zone and it is developing into a significant deposit with excellent potential for further expansion," said Constantine president Garfield MacVeigh, in a release. "We are excited to commence an initial resource estimate for the AG Zone, which will contribute to the total resource base of the Palmer project."
Palmer contains an indicated resource of 4.7 million tonnes grading 3.84% copper-equivalent and an inferred resource of 5.3 million tonnes grading 3.26% copper-equivalent. Constantine owns 51% of the project, with Dowa holding 49%.
For more information visit Constantine's website at www.constantinemetals.com.
Comments