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Significant Copper Equivalent and Gold values returned from the drilling along and outside the north-central margin of the twenty-nine hole, 10,913.93 metres, phase-two diamond drill program at the Lions Gate Metals Inc. (TSXV:LGM) Poplar Copper-Gold-Silver Porphyry Property.
Significant Copper Equivalent and Gold values returned from the drilling along and outside the north-central margin of the twenty-nine hole, 10,913.93 metres, phase-two diamond drill program at the Lions Gate Metals Inc. (TSXV:LGM) Poplar Copper-Gold-Silver Porphyry Property.
As quoted in the press release:
Holes 11-PC-109, 11-PC-110, 11-PC-114 and 11-PC-122, were drilled to test the limits of mineralization on the north side of both the Main and East Zones. These holes were drilled north and west of Holes 11-PC-85 and 11-PC-92, which returned 147 metres grading 0.51% CuEq and 123 metres grading 0.31% CuEq respectively, in the Phase One 5,569 metre, 13 hole program, completed by Lions Gate in the spring of 2011. These final four holes returned encouraging copper, gold and silver values, over the entire length of each hole.
Lions Gate President and CEO, Paul Sarjeant, said:
“We have quite a bit more work to do at the Property to better understand the extent of mineralization and distribution of metals within the Main Zone and East Zones, and to explore what appears to be a new and separate silver system to the north. In the near term, we are working diligently with the phase-two drill data with the goal to update and announce a new NI 43-101 resource model within two to three weeks, in time hopefully, for PDAC in Toronto, where we will be exhibiting in the Core Shack.”
Click here to read the Lions Gate Metals (TSXV:LGM) press release
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