- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Sphinx and SOQUEM Cut 21.2 Percent Zinc Over 1 Metre in New Trenches at Calumet-Sud
The company said the trenches extend up to 1,500 m north of the Sonny zone on the Calumet-Sud project, and grades greater than one percent, up to 21.2 percent zinc were obtained in channel samples taken from thirteen trenches.
Sphinx Resources (TSXV:SFX) and its partner SOQUEM have announced the results of channel sampling from 13 new trenches completed this fall, on the Calumet-Sud project, held in partnership with SOQUEM.
The company said the trenches extend up to 1,500 m north of the Sonny zone on the Calumet-Sud project, and grades greater than one percent, up to 21.2 percent zinc were obtained in channel samples taken from thirteen trenches.
As quoted in the press release:
“Sampling of the channels was conducted at 1-metre intervals, totalling 174 channel samples. These new discoveries include the following composite channel-sampled intervals: 8.14 percent zinc over 1.5 m (T-18-06), 6.61 percent zinc over 5.0 m (T-18-03) and 6.72 percent zinc over 1.0 m (T-18-05). It should be noted that the thicknesses reported in this release are apparent because they are influenced by the dip of the zinc-bearing layers and the plunge of folds. A concentration of zinc mineralization in isoclinal fold hinges is observed in several trenches. This type of concentration has been documented at the Balmat-Edwards mine.”
A new diamond drilling campaign, of a minimum of 2,000 m is scheduled before the end of 2018. With this campaign Sphinx intends to validate the channel-sampled areas from the Sonny zone up to 1,500 m to the north.
Click here to read the full Sphinx Resources (TSXV:SFX) press release.
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.