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International Millennium Mining (“IMMC” or the “Company”) (TSX VENTURE:IMI) is pleased to announce the commencement of the 2017 field exploration season on its Nivloc silver/gold property located in Esmeralda County, Nevada, on or prior to mid-June. The initial program will consist of soil and rock sampling, geological mapping, strategic planning for a core drilling program …
International Millennium Mining (“IMMC” or the “Company”) (TSX VENTURE:IMI) is pleased to announce the commencement of the 2017 field exploration season on its Nivloc silver/gold property located in Esmeralda County, Nevada, on or prior to mid-June.
The initial program will consist of soil and rock sampling, geological mapping, strategic planning for a core drilling program and confirming the collar locations of drill holes recommended in the Company’s 2012 NI 43-101 report, of which three holes are already completed. The focus of the sampling program will be on the Guisti Gold, Nivloc NE Extension, Nivloc SW Extension and Nivloc Gold Zone, all of which are highly prospective for silver and gold.
The Guisti Gold Prospect claims, acquired as part of the fifty (50) lode claims that the Company staked and purchased earlier this year, are contiguous to the Nivloc property, as disclosed in the Company’s April 11, 2017, news release, and are located to the southeast of the main Nivloc Zone. The claims cover a mineralized structure that is at least 500 meters long and 200 meters wide, with a possible extension northeasterly into the Company’s Nivloc claims.
The structure includes a small, historical adit (the Inca Adit) that was used to access and mine a small portion of an epithermal type silver/gold prospect. Approximately 100 metres south along strike from the adit lies a knob of highly silicified volcanic breccias, exposed over a width of approximately 40 meters. The alteration along with the vein textures at the Guisti Prospect suggests that this area is highly prospective for quartz-adularia type epithermal vein deposits.
The Nivloc Extension sampling will be focused on the resource areas to the northeast and southwest of two previously mined zones on the Nivloc property, over the northeast-trending Nivloc vein structure.
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