Constantine Metal Resources Reports 2015 Exploration Results Form Palmer

Constantine Metal Resources (TSXV:CEM) reported results from its recently completed 2015 exploration program at its Palmer copper-zinc-silver-gold project in Alaska.
As quoted in the press release:

A total of 7,736 meters of core drilling was completed, consisting of 8 wide spaced exploration drill holes, 1 geotechnical drill hole, and the extension of a 2014 drill hole. The scope of this year’s drilling was focused on exploring for extensions of the deposit within a localized target area. Drill holes primarily tested areas around the South Wall EM Zone, including the fault displaced offset of the zone referred to as the Lower Offset target. EM Zone mineralization was intersected in three holes, extending the known extent of the mineralized system approximately 100 meters east (holes CMR15-72 and 73) and 65 meters up dip (hole CMR15-75). Mineralization in these holes is chert-barite dominant with base metal bearing footwall pyrite-pyrrhotite stringer zones. Significant intersections include:

• 4.2 meters grading 0.5% copper, 3.98% zinc, 60.4 g/t silver, 0.65 g/t gold in CMR15-75
• 3.0 meters grading 2.32% copper and 14.9 g/t silver in hole CMR15-75
• 8.0 meters grading 1.33% zinc and 21.6 g/t silver in hole CMR15-73
• 10.5 meters grading 1.56% zinc in hole CMR15-72

Four drill holes targeted the Lower Offset target below the Kudo fault, a structure that displaces the down-dip projection of the EM Zone. One of the four holes, CMR15-69, successfully intersected EM Zone equivalent massive pyrrhotite mineralization and intense hydrothermal alteration approximately 160 meters below the fault, including 7.2 meters grading 0.43% copper and 0.46% zinc. The other three drill holes to test the Lower Offset target area did not intersect EM Zone correlative stratigraphy. This includes CMR14-56 that was re-entered and abandoned after advancing 22 meters due to adverse drilling conditions, and holes CMR15-71 and 77 that were completed to significant depths prior to being abandoned. For a complete list of significant drill intersections see Table 2.
A large portion of the deposit remains open to expansion in the immediate South Wall and RW resource areas. Work is ongoing into understanding and interpreting the geological, geochemical, and geophysical data gained from new drill holes, with the objective of updating the exploration model for future drill planning.

Constantine president and CEO, Garfield MacVeigh, said:

We are pleased with the many advancements made with the project this year. The comprehensive work program included exploration and geotechnical drilling, regional prospecting and targeting, surface and borehole geophysical surveys, geotechnical and environmental programs, engineering, and permitting work.

Click here for the full press release.