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Ashburton Reports Drill Results from Buckingham Graphite Project
Ashburton Ventures Inc. (TSXV:ABR) announced new assay results from hole BH15-03, which to date is the best hole completed as part of an ongoing drill program at its Quebec-based Buckingham graphite project. Further results are still to come.
Ashburton Ventures Inc. (TSXV:ABR) announced new assay results from hole BH15-03, which to date is the best hole completed as part of an ongoing drill program at its Quebec-based Buckingham graphite project. Further results are still to come.
As quoted in the press release:
Hole BH15-03 encountered 139.0 metres of disseminated graphite mineralization, hosted primarily within marble units, and reached a total depth of 224 metres terminating in mineralization. The hole was collared approximately 110 metres southwest of BH15-01, along strike of a broad, 1,500-metre long, northeast-trending geophysical anomaly.
Michael England, president and CEO of Ashburton Ventures, commented:
We are excited to observe mineralization appearing to extend at least 110 metres along strike following this broad, 1,500 metre geophysical anomaly at Buckingham. Our southernmost hole, BH15-03 encountered an impressive amount of mineralization, with about 140 metres of potential strike length extending to the southern boundary of our property yet to be tested. Furthermore, mineralization appears to correlate extremely well with the primary targeted geophysical anomaly. For reference, other graphite companies, such as Northern Graphite (NGC:TSXV), have average Cg grades of 1.89% (indicated reserves(1)) and Zenyatta Ventures Ltd. (ZEN:TSXV) average Cg grade is 3.89% (indicated resource(2)) respectively.
Click here to read the full Ashburton Ventures Inc. (TSXV:ABR) press release.
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