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    Continued Copper and Silver Mineralization at Poplar Copper-Gold-Silver Porphyry Property

    Investing News Network
    Feb. 13, 2012 06:57AM PST
    Base Metals Investing

    Lions Gate Metals Inc. (TSXV:LGM) announced continued copper and silver mineralization at depth and laterally to the Main and East Zones of the Poplar Copper-Gold-Silver Porphyry Property, based on results from an additional four of the twenty-nine hole, 10,913.93 metre, phase-two diamond drill program.

    Lions Gate Metals Inc. (TSXV:LGM) announced continued copper and silver mineralization at depth and laterally to the Main and East Zones of the Poplar Copper-Gold-Silver Porphyry Property, based on results from an additional four of the twenty-nine hole, 10,913.93 metre, phase-two diamond drill program.

    As quoted in the press release:

    Significant CuEq and Ag values returned from drilling along and outside of the south-central margin of the NI 43-101 compliant inferred resource area (1.4 billion lbs copper; 245,000,000 tonnes averaging 0.27% Cu – 0.15% cut-off), indicate that the system remains open at depth and to the south. See Poplar Deposit map for resource area and drilling locations.

    “The phase-two program comprised a series of step-out drilling in strategic locations throughout the inferred resource area. As results from each cluster of holes are analyzed and mapped, a pattern of consistent and extended mineralization is emerging,” says Lions Gate President and CEO Paul Sarjeant. Holes 11-PC-115 and 11-PC-120 stepped out beyond the current limits of the Main and East Zones. Hole 11-PC-119 was collared approximately 150 m south of the previous limit of the resource envelope and results indicate that the mineralizing system still exists. The southern limits of the Main and East Zones have not been defined, and further drilling is required.

    Click here to read the Lions Gate Metals Inc. (TSXV:LGM) press release


    Click here to see the Lions Gate Metals Inc. (TSXV:LGM) profile.

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