EMX Announces High Grade Drill Results at the Gumsberg Zinc-Lead-Silver Royalty Property

Base Metals Investing

EMX Royalty has announced additional high grade zinc-lead-silver diamond drill results from Boreal Metals’ 2017-2018 winter drill campaign at EMX’s Gumsberg royalty property in Sweden.

EMX Royalty (TSXV:EMX) has announced additional high grade zinc-lead-silver diamond drill results from Boreal Metals’ (TSXV:BMX) 2017-2018 winter drill campaign at EMX’s Gumsberg royalty property in Sweden.

According to the press release, the new drill intercepts reported by Boreal were from holes BM-17-006 through BM-17-012, which tested massive sulfide horizons at the Vallberget and Östersilvberg prospects. The intercepts include 3.7 meters averaging 19.27 percent zinc, with 17.66 grams per tonne (g/t) of silver and 0.25 percent lead in drill hole BM-17-006, and 6.7 meters averaging 7.01 percent zinc, with 11.14 g/t silver and 0.44 percent lead in BM-17-011

As quoted in the press release:

Boreal’s recently completed 2,545 meter drill program was designed to test for extensions of volcanogenic massive sulfide (VMS) style base metal mineralization along trend and down dip of historic mine workings…the program succeeded in intersecting significant zinc-lead-silver mineralization in nine of twelve holes, clearly demonstrating that mineralization persists outside of the areas that were mined historically. These results represent novel discoveries of mineralization in the district. All of the geologic targets drilled remain open along strike and at depth. Boreal is planning follow-up programs on the basis of these encouraging results.

Click here to view the full EMX Royalty (TSXV:EMX) press release.

The Conversation (0)
×