Franconia Minerals reports its results from holes BL10-05 and BL 10-06 at the Birch Lake deposit in northern Minnesota.
Both drill holes are located on the eastern margin of the Birch Lake deposit and were stepped out approximately 500 feet from previous holes. The mineralized zone remains open in that direction.
Franconia Minerals’ President and CEO, Brian Gavin says:
“These results […]
Both drill holes are located on the eastern margin of the Birch Lake deposit and were stepped out approximately 500 feet from previous holes. The mineralized zone remains open in that direction.
Franconia Minerals’ President and CEO, Brian Gavin says:
“These results continue to extend the mineralized zone and indicate potential for the discovery of additional resources to the east of the known resource.” “We are optimistic that this drill program will provide us with a sufficient Indicated Resources for mine planning purposes and, importantly, also demonstrates that our drilling has not yet reached the margins of the mineralized zone.”
MARKETS
COMMODITIES
| Commodities | |||
|---|---|---|---|
| Gold | 1801.89 | +0.36 | |
| Silver | 20.82 | +0.02 | |
| Copper | 3.68 | -0.03 | |
| Palladium | 2224.19 | +14.20 | |
| Platinum | 965.47 | +2.48 | |
| Oil | 91.88 | -2.46 | |
| Heating Oil | 3.51 | +0.03 | |
| Natural Gas | 8.78 | -0.09 | |