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zinc investing

Blind Creek Release Resource Estimate for Blende Zinc-Lead-Silver Property

Written by Scott Tibballs
|
Jun. 05, 2018 08:58AM PST

Blind Creek Resources has reported that the company has recently received and filed a resource estimate for the company’s Blende property near Keno Hill, Yukon.

Blind Creek Resources (TSXV:BCK) has reported that the company has recently received and filed an NI 43-101 resource estimate technical report for the company’s Blende property near Keno Hill, Yukon.

The company describes the Blende deposit as the largest discovered carbonate-hosted zinc-lead-silver deposit in Yukon, with features of both Irish-type and clastic-dominated zinc-lead deposits.

As highlighted in the press release:

  • Indicated resource – in situ total pit constrained metal content: 159 million pounds of zinc, 157 million pounds of lead, 4.19 million ounces of silver.
  • Inferred resource – in situ total pit constrained metal content: 1.461 billion pounds of zinc, 1.364 billion pounds of lead, 33.98 million ounces of silver.

As quoted in the press release:

The Blende project is a potential bulk tonnage, open pit approach that offers some distinct cost advantages to other advanced lead-zinc projects in Canada, which are typically underground. Blende resource mineralization outcrops at surface, is confined to 2 pit shapes approximately 2 kilometres apart and remains open in areas northwest, southeast and below the “reasonable prospects of economic extraction” open pit shapes within the 8 kilometre-long mineralized corridor, including the outer Far West, Far East and Shanghai discoveries. Blind Creek is positioning to conduct a drill program to extend the mineralization along strike and down-dip (fully permitted) to test these potential open pit extensions.

Click here to view the full Blind Creek Resources (TSXV:BCK) press release.

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