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Colorado Completes 2017 Drilling at KSP and Continues to Report High Grade Gold and New 21% Zinc Intercept
COLORADO RESOURCES LTD. (TSX-V:CXO) (“Colorado” or the “Company”) reports on the completion of its 2017 KSP drill program. As announced on September 12, 2017 drilling at KSP was expanded from the previously planned 7,500m program to 11,824m for a total of 68 new drill holes. Some 57 drillholes (10,837.2m) were completed in the Inel-Khyber region in 7 distinct …
COLORADO RESOURCES LTD. (TSX-V:CXO) (“Colorado” or the “Company”) reports on the completion of its 2017 KSP drill program. As announced on September 12, 2017 drilling at KSP was expanded from the previously planned 7,500m program to 11,824m for a total of 68 new drill holes. Some 57 drillholes (10,837.2m) were completed in the Inel-Khyber region in 7 distinct zones over a 2km x 2.5km area (see Figure 2). A further 11 drillholes were completed at Tami (located 5km east of Inel) over a 200m x 400m area. These drill holes will be addressed in a separate press release when all assay results are returned and have been reviewed for QA/QC and interpretation.
As quoted in the press release:
CEO and President Adam Travis comments, “This year’s drilling has greatly expanded out from last year’s testing of multiple target areas. We continue to see high grade gold results from the V.G and Khyber areas, a gold-copper porphyry system developing at the Camp Porphyry, and very interesting high grade zinc intercept at AK. We have now released results from the first 44 holes drilled this year with results still pending for 24 drillholes. About half of these pending results are in the greater Inel area and the rest are from the Tami Zone located 5km to the east. KSP continues to demonstrate great exploration potential for numerous mineralization types. Upon receipt of final results from the 2017 program we will interpret these results and finalize a comprehensive exploration program for the 2018 field season”.
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