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    zinc investing

    Sphinx Completed 13 Drillholes on the Calumet-Sud Zinc project

    Priscila Barrera
    Apr. 05, 2017 08:45AM PST
    Base Metals Investing

    Sphinx Resources Ltd. (“Sphinx” or the “Corporation”) (TSX VENTURE:SFX) is pleased to announce that 13 drillholes, totalling 1,098.5 m, have been completed on the Calumet-Sud project (the “Project”). The program was designed to test coincident ground geophysical and geochemical anomalies related to surface mineralization identified in surface channel samples (press release of February 22, 2017). …

    Sphinx Resources Ltd. (“Sphinx” or the “Corporation”) (TSX VENTURE:SFX) is pleased to announce that 13 drillholes, totalling 1,098.5 m, have been completed on the Calumet-Sud project (the “Project”). The program was designed to test coincident ground geophysical and geochemical anomalies related to surface mineralization identified in surface channel samples (press release of February 22, 2017).
    As quoted in the press release:

    Three drillholes (4000-17-03, 4000-17-10 and 4000-17-12) intersected semi-massive to massive sphalerite horizons with thicknesses ranging from one centimeter to several centimeters spread over several metres. In the drillcore of the other 10 holes, disseminated sphalerite was observed in dolomitic marble horizons of ranging in thickness from one metre to several metres. Drillhole 4000-17-02 is situated about 1,200 m north of the Sonny Zone and 500 m south of the workings of the old New Calumet mine (produced 3.8 million tonnes of ore grading 5.8% Zn, 1.6% Pb, 65 g/t Ag and 0.4 g/t Au from 1943 to 1968), whose property is adjacent to the Project.

    Click here for the full text release

    zinc investing
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