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    zinc investing

    Sphinx and SOQUEM Announce Intersection of Extensive Near-Surface Zinc Mineralized Horizons in Drilling on the Calumet-Sud project

    Written by Priscila Barrera
    |
    Feb. 06, 2018 08:48AM PST

    Sphinx Resources Ltd. (“Sphinx” or the “Corporation”) (TSX VENTURE:SFX) and its partner SOQUEM are pleased to announce the completion of their second diamond drilling program. Eleven (11) holes have been drilled for a total of 426 m on the Calumet-Sud zinc project (the “Project”). As quoted in the press release: The visual observations show that: …

    Sphinx Resources Ltd. (“Sphinx” or the “Corporation”) (TSX VENTURE:SFX) and its partner SOQUEM are pleased to announce the completion of their second diamond drilling program. Eleven (11) holes have been drilled for a total of 426 m on the Calumet-Sud zinc project (the “Project”).

    As quoted in the press release:

    The visual observations show that:

    • On the Sonny Zone, all eight (8) holes intersected a sub-horizontal zinc-bearing horizon that is continuous over 113 m with a width of 60 metres. It starts at surface and continues to a depth of 29 metres;

    • On the Sonny West Zone, the three (3) holes indicate that the horizon is sub-vertical. It was intersected over 50 metres; and

    • All of the drill holes confirm that mineralization is metamorphosed SEDEX-type (SEDimentary EXhalative, more than half of the world’s zinc and lead production is from mines producing from of this type of deposit).

    Click here for the full text release

    zinc investing
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