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NMC Resource Corporation: Mine Potential Expanded by Deep Drilling
Sep. 23, 2010 04:22PM PST
Industrial MetalsNMC Resource Corporation (CVE:NRC) announced the first assay results from one of seven deep drill holes (for a total of 1,001 meters) completed to test the down dip extent of the molybdenum mineralization below the mine workings at the NMC Moland Mine in South Korea.
NMC Resource Corporation (TSXV:NRC) announced the first assay results from one of seven deep drill holes (for a total of 1,001 meters) completed to test the down dip extent of the molybdenum mineralization below the mine workings at the NMC Moland Mine in South Korea.
The press release is quoted as saying:
In hole NMK 10-06, two skarn type zones were intersected as well as 35 meters of “porphyry” type mineralization, which has the potential of being a wider and more consistent grade of mineralization than the skarn type of ore presently being mined. This intersection occurs in NMK 10-06 between 135-170 meters beneath the deepest of the three current mine levels (L 217m). The true thickness of the mineralization is approximately 66% of the core intersection. However, the true thickness will be better determined after further drilling.
Click here to access the entire press release
Click here to access NMC Resource Corporation Corporate Site