The Conversation (0)
Reservoir’s Parlozi Drill Results Show Project May Host “Significant Mineralization”
Sep. 03, 2014 04:07PM PST
Silver InvestingReservoir Minerals Inc. (TSXV:RMC) announced the results of drilling completed recently at its Serbia-based Parlozi silver-lead-zinc project.
Reservoir Minerals Inc. (TSXV:RMC) announced the results of drilling completed recently at its Serbia-based Parlozi silver-lead-zinc project. The company’s partner on the project is Midlands Minerals Corp. (TSXV:MEX).
As quoted in the press release:
The most encouraging intercepts in drill hole 14-PA-001 at the Parlozi prospect include 174.0 grams per tonne (g/t) silver, 2.5% lead and 3.8% zinc over 2.95 metres from 301.65 to 304.60 metres, and 567.2 g/t silver, 2.0% lead and 0.5% zinc and 0.96 g/t gold over 2.50 metres from 537.00 to 539.50 metres. Drill hole 14-PA-003 at the Plandiste prospect intersected 355.3 g/t silver and 4.25% lead over 2.10 metres from 136.90 to 139.00 metres.
Simon Ingram, president and CEO of Reservoir, commented:
The first drill results are encouraging, and continue to validate Reservoir’s belief that Parlozi is a silver-lead-zinc opportunity with potential to host significant mineralization. The Company looks forward to Midlands completing the Phase 1 exploration and drilling before the end of September 2014.
Click here to read the full Reservoir Minerals Inc. (TSXV:RMC) press release.