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Shine hits mineralization in all seven holes during its maiden drill program at Watts Lake Zinc Project

Mining News - Published on Wed, 15 May 2019

Image Source: Daily Nation
SHINE MINERALS CORP announced results from the seven hole (907m), maiden drill program at its Watts Lake property, located in north-central Saskatchewan, Canada. The seven holes were drilled from three separate drill pads and targeted the south part of the Borys Lake trend Main Zone, which has seen limited historic drilling. The current drilling initially utilized the site of Trench 4, where recent assays from sampling returned up to 21.3% Zn and up to 56.7 g/t Ag, and where near-by historic drill holes W-1 and W-3 (McIntyre Porcupine Mines Ltd., 1965) reported mineralized intervals including 8.44m @ 4.69% Zn (W-1) and 6.1m @ 7.3% Zn (W-3). All seven holes intersected mineralization, including holes WL19-006 (line 050W) and WL19-005 (line 050W), which intersected intermittently mineralized intervals of 43m and 31.8m respectively. Mineralized intervals as reported in this news release are based on visual observation of the presence of galena, and/or sphalerite and/or chalcopyrite, and not based on assay values. Assays are pending, and results will be disclosed when received.

Ross McElroy, President, COO and Chief Geologist, said, "The initial results from drilling at Watts Lake are very encouraging, with all seven holes hitting mineralization, including intermittent mineralized intervals as wide as 43m. The initial hole was collared to test beneath Trench 4, where recent assays from outcrop sampling returned up to 21.3% Zn and up to 56.7 g/t Ag, and also where historic drill holes W-1 (8.44m @ 4.69% Zn) and W-3 (6.1m @ 7.3% Zn) are assumed to be nearby. This is an exciting time. Drill core samples have been sent to the lab and we will share the results as soon as we receive them."

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Posted By : Rabi Wangkhem on Wed, 15 May 2019
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