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Kerr Mines Announces Final Drilling Results at Copperstone

Mining News - Published on Fri, 12 Jul 2019

Image Source: Proactive Investors
Kerr Mines Inc announced final drilling results from this first phase of its 2019 resource expansion program at the Copperstone Mine located in Arizona, USA. Based on the recently completed drilling program the next phase of resource expansion drilling of up to 10,000 meters is now in the planning stage and targeted to commence by Q4-2019.

2019 Resource Expansion Highlights:

Drill Hole 18-18-02, a conversion hole, returned a high-grade gold mineralized interval of 3 meters at 27.45 gram per tonne gold, including 1.5 meters of 52.30 gram per tonne, in an area where additional down-dip step-out drilling is planned for the next phase of drilling while further indicating the zone is significantly of higher grade and thickness than initially anticipated.

Drill Hole 18-05-06, a conversion hole, intercepted Indicated resource of 6.1 meters at 3.71 gram per tonne gold, which along with an intercept in nearby drill hole 18-05A-06 of 7.6 meters at 3.80 g/t gold, demonstrates the width and strong continuity of mineralization in this area and is expected to allow for the expansion of a designed stope panel, the edge of which is 15.2 meters down-dip.

Drilling was accomplished entirely from existing underground access and affects an area of 500 meters of strike length and 200 meters of elevation, representing approximately 30 per cent of the current resource strike length.

The objective of the underground resource expansion program of which the initial phase of 5,000 meters of reverse circulation drilling has been completed, was focused on the D and C zones to increase mine life by adding new Inferred resources and converting new and existing Inferred resources into Measured and Indicated resources.

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Posted By : Sanju Moirangthem on Fri, 12 Jul 2019
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