Silver

NQ Exploration Inc. (CVE:NQE) announced more results from the summer drilling program at its Carheil project.

NQ Exploration Inc. (TSXV:NQE) announced more results from the summer drilling program at its Carheil project.

The press release is quoted as saying:

The fourth hole (CA2011-021) intersected the Ag1 zone at a vertical depth of 295 metres, and confirmed the strength of the mineralized zone at this depth. The zone was intersected over 36 metres at a grade of 85.3 g/t Ag, with a higher-grade zone of 210.0 g/t Ag and 0.80% Zn over 9.0 metres.

We are very encouraged by the results of Hole CA2011-021, which confirm a high-grade, plurimetric-sized zone within a decametric envelope of lower-grade silver mineralization. In a production scenario, this characteristic would result in relatively high-grade dilution. Furthermore, should silver prices rise, the stopes could be modified to add significant tonnage by extracting some or all of the mineralized envelope. We are therefore in the presence of a deposit that offers a high degree of mining flexibility.

Click here to access the entire news release. 

Click here to access NQ Exploration’s company profile.(TSXV:NQE) 

 

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