American CuMo Mining Announces Drill Results From CuMo Project

American CuMo Mining (TSXV:MLY,OTCQX:MLYCF) announced drill results from its 2012 diamond drilling program on its molybdenum/copper CuMo Project in Idaho. The reported results confirmed the established geological model, as well as the excellent grade continuity of the mineralized zones.

As quoted in the press release:

Highlights from the drilling include:

Interior holes

Hole 64-12 271.3 meters (890.0 feet) grading 0.122% MoS2 (0.64% Cu Eq., 0.149% MoS2Eq., 2.69 lbs MoO3Eq/t)
Hole 67-12 323.1 meters (1,060.0 feet) grading 0.116% MoS2 (0.62% Cu Eq., 0.145% MoS2Eq., 2.60 lbs MoO3Eq/t)
Hole 68-12 271.3 meters (890 feet) grading 0.101% MoS2 (0.56% Cu Eq., 0.131% MoS2Eq., 2.35 lbs MoO3Eq/t)

Also a high grade silver intersection in 68-12
15.2 meters (50 feet) grading 262.00 gms /T Ag with 0.2% W.

External holes (holes on edges of current resource mainly used for geotechnical information)
Hole 60-12 6.1 meters (20.0 feet) grading 0.207% MoS2 (0.98% Cu Eq., 0.229% MoS2Eq., 4.12 lbs MoO3Eq/t)
And 4.9 meters (20.0 feet) grading 0.147% MoS2with 34.18 gms Ag/T (1.52% Cu Eq., 0.355% MoS2Eq., 6.38 lbs MoO3Eq/t)
Hole 61-12 238.4 meters (782.0 feet) grading 0.11% Cu, 0.032% MoS2 (0.32% Cu Eq., 0.075% MoS2Eq., 1.34 lbs MoO3Eq/t)

Note: did not reach Molybdneum bearing zone.
Hole 63-12 4.6 meters (15.0 feet) grading 130.6 gms Ag/T
Hole 66-12 268.5 meters (881.0 feet) grading 0.050% MoS2 (0.34% Cu Eq., 0.079% MoS2Eq., 1.43 lbs MoO3Eq/t) including 9.1 meters (30.0 feet) grading 0.096% MoS2 (0.62% Cu Eq., 0.145% MoS2Eq., 2.60 lbs MoO3Eq/t)
Note: Hole entering the Molybdenum zone at depth when stopped.

Click here to read the American CuMo Mining (TSXV:MLY,OTCQX:MLYCF) press release

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