Boreal Metals Corp. (“Boreal” or the “Company”) is pleased to announce that exploration drilling is underway at its 100% owned Gumsberg license property located in the prolific Bergslagen Mining District in southern Sweden (Figure 1). Boreal plans to conduct 2,500 meters of diamond drilling across three prospective high grade volcanogenic massive sulphide (“VMS”) mineral trends including Östrasilvberg, Vallberget-Loberget and Gumsgruvan. Each of these silver-zinc-lead trends contain historical drilling from the 1930s and 1970s (Table 1) and mining activities that can be traced to medieval times.
As quoted in the press release:
“Boreal has successfully advanced three high grade mineralized trends within the 18,300 hectare Gumsberg land position to the drill testing phase,” stated President and CEO Karl Antonius. “We are excited to see the results of the 2017 Drill Program given the high grades intercepted on the property by EMX Royalty Corp. in 2016”.