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Lions Gate Metals Inc.(TSXV:LGM) announced that they are continuing to expand the mineralized areas of the east zone of its Poplar copper deposit. The announcement comes after results from three of twenty-nine holes being drilled as part of the Company’s two diamond drill program. The drill program was completed in November, 2011. Lions Gate also plan to close a private placement by March, 2012.
Lions Gate Metals Inc.(TSXV:LGM) announced that they are continuing to expand the mineralized areas of the east zone of its Poplar copper deposit. The announcement comes after results from three of twenty-nine holes being drilled as part of the Company’s two diamond drill program. The drill program was completed in November, 2011. Lions Gate also plan to close a private placement by March, 2012.
As quoted in the press release:
Higher than expected silver values inside and south of the margins 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).
Lions Gate, President and CEO, Paul Sarjeant, said:
The Poplar story is unfolding nicely and well within the context of large porphyry deposits in British Columbia. Some of the intersections of copper, gold and silver from our phase-two drilling are comparable to other advanced copper-gold porphyry projects in the province.
Click here to read the Lions Gate Metals Inc. (TSXV:LGM) press release
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