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Goldspike Exploration Inc. (TSXV:GSE) announced that the most recent drill results from its Nevada-based Lone Mountain project continue to expand the high-grade zinc-lead discovery located there.
Goldspike Exploration Inc. (TSXV:GSE) announced that the most recent drill results from its Nevada-based Lone Mountain project continue to expand the high-grade zinc-lead discovery located there.
As quoted in the press release:
The second hole in the Phase 2 drill program, LM-14-13 intersected high grade zinc-lead mineralization that averaged 22.94 % zinc+lead over a hole length of 18.28 metres (60 feet), including a very high grade interval assaying 32.59% zinc+lead over 7.62 metres (25 feet).
The third hole in the Phase 2 drill program LM-14-14 intersected a number of areas of lead and zinc mineralization that combine to average 4.80% zinc+lead over 92.96 metres (305 feet). This overall interval includes 65.53 metres (215 feet) of mineralization with a combined zinc+lead grade of 6.37% including a 7.62 metre (25 foot) high grade zone grading 22.9% zinc +lead.
Bruce Durham, president and CEO of Goldspike, commented:
The latest drill results continue to show an expansion of the footprint of this exciting discovery. These holes expand the zone up and down dip as well as to the northwest. We continue to intersect some very high grade mineralization and we have also defined some really thick intervals of good grade zinc-lead mineralization. These results are a great start to our 2015 exploration programs.
Click here to read the full Goldspike Exploration Inc. (TSXV:GSE) press release.