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Regulus Steps Out 400 Metres and Intersects 323.4 Metres With 0.52 Cu, 0.15 G/T Au and 8.28 G/T Ag at AntaKori, Peru
Nov. 30, 2017 08:59AM PST
Precious MetalsRegulus Resources Inc. (“Regulus” or the “Company”) (TSX-V:REG) is pleased to announce the results from three additional drill holes at the Company’s AntaKori copper-gold-silver project in northern Peru. The drilling campaign is underway in collaboration with Compañía Minera Coimolache S.A. (“Coimolache” or “CMC”), the operator of the Tantahuatay gold mine, immediately to the south of the AntaKori project …
Regulus Resources Inc. (“Regulus” or the “Company”) (TSX-V:REG) is pleased to announce the results from three additional drill holes at the Company’s AntaKori copper-gold-silver project in northern Peru. The drilling campaign is underway in collaboration with Compañía Minera Coimolache S.A. (“Coimolache” or “CMC”), the operator of the Tantahuatay gold mine, immediately to the south of the AntaKori project (please refer to Regulus news releases of January 24th and April 5th, 2017). Holes reported in this news release are AK-17-003A, drilled by Regulus and DHSF17-161 and DHSF17-164, drilled by Coimolache. The two companies are drilling simultaneously hence two numbering sequences for drill holes exist. Results are only reported herein for the portions of the drill holes that occur within Regulus concessions.
As quoted in the press release:
John Black, Chief Executive Officer of Regulus, commented as follows:“We continue to be very encouraged with the results from drilling at the AntaKori project. Drill hole DHSF17-161 is particularly noteworthy in that it has encountered strong copper-gold skarn mineralization more than 400 m from any previous drilling in the Regulus concessions. The potential for a significant increase in resource tonnage in this direction is clear. We have now completed a series of five drill holes along the southern margin of our concessions, over a distance of approximately 900 m, with all holes encountering significant mineralization. Two additional drill rigs with greater depth capacity are now on site and will commence drilling this week. The arrival of the new rigs coincides with the approval of an extension to drilling permits which will allow us to advance to the north into the main part of mineralized skarn system as it is currently known. However, as we have learned with DHSF17-161, the full extent of this system is yet to be determined and we will be drilling continuously for the foreseeable future.”
