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Nevada Zinc Corp. (TSXV:NZN) announced that Phase II drill results show that zinc mineralization at the Discovery zone, located at its Lone Mountain project in Nevada, continues both to the southwest and southeast.
Nevada Zinc Corp. (TSXV:NZN) announced that Phase II drill results show that zinc mineralization at the Discovery zone, located at its Lone Mountain project in Nevada, continues both to the southwest and southeast.
As quoted in the press release:
Drill hole LM-15-24 intersected significant zinc mineralization averaging 5.05% zinc and 0.21% lead over a 50.29 metre (165 foot) interval closer to surface than other previously announced drill holes. Drill holes LM-15-21 and LM-15-22 extend the southeasterly extent of the mineralization by approximately 30 metres. The Company recently received BLM drilling authorization for additional work on the Lone Mountain property (the “Property”) and the Company reports that the Phase 3 drill program at the Property has now commenced.
Bruce Durham, president and CEO of Nevada Zinc, commented:
The latest drill results continue to expand the footprint of the Discovery Zone mineralization along strike and up dip from previously released assay results. We now have a drill section influence of approximately 150 metres and we have traced the mineralization along its dip plane for some 250 metres. The thickness of the intersections is variable but so far they appear to average 30-40 metres. The key point is that the zone remains virtually wide open in all directions.
Click here to read the full Nevada Zinc Corp. (TSXV:NZN) press release.