Constantine Intersects Wide Intervals of Precious and Base-Metal Mineralization at Palmer Project

- October 30th, 2018

The president of Constantine said the company would commence an initial resource estimate for the AG zone, which will contribute to the total resource base of the Palmer project in Alaska.

Constantine Metal Resources (TSXV:CEM) has reported assay results for nine new drill holes from the AG zone at its Palmer joint venture project, Alaska. Expansion of the AG zone, discovered three kilometers southwest of the main Palmer deposit in 2017, has been one of the main goals of the Company’s 10,000-meter 2018 summer exploration drill program.

Drill results as highlighted in the press release:

  • 14.0 meters grading 163 grams per tonne (g/t) silver, 0.5 g/t gold, 5.6 percent zinc, 1.0 percent lead, 60.7 percent barite, including 4.1 meters grading 336 g/t silver, 0.6 g/t gold, 14.9 percent zinc, 2.3 percent lead, 67.0 percent barite, in CMR18-125
  • 6.8 meters grading 247 g/t silver, 0.8 g/t gold, 5.5 percent zinc, 2.8 percent lead, 69.6 percent barite, and 34.4 meters grading 152 g/t silver, 0.4 g/t gold, 1.6 percent zinc, 0.5 percent lead, 63.6 percent barite, in CMR18-128
  • 33.5 meters grading 98 g/t silver, 0.4 g/t gold, 5.0 percent zinc, 1.1 percent lead, 0.2 percent copper, 41.5 percent barite, in CMR18-130
  • 14.4 meters grading 23 g/t silver, 0.2 g/t gold, 5.5 percent zinc, 0.2 percent lead, 0.4 percent copper, including 3.4 meters grading 44 g/t silver, 0.1 g/t gold, 10.8 percent zinc, 0.2 percent lead, 0.4 percent copper, in CMR18-132.

President of Constantine, Garfield MacVeigh said:

“AG zone continues to deliver impressive intersections of gold-silver-zinc-lead-barite mineralization. Drilling this season has more than doubled the strike length of the zone and it is developing into a significant deposit with excellent potential for further expansion. We are excited to commence an initial resource estimate for the AG zone, which will contribute to the total resource base of the Palmer project.”

Click here to read the full Constantine Metal Resources (TSXV:CEM) press release.

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