Constantine Intersects Wide Intervals Of Mineralization In Alaska
VANCOUVER, BC - Constantine Metal Resources Ltd. reported assay results for nine new drill holes from the AG Zone at its Palmer Joint Venture Project, Alaska. Expansion of the AG Zone, discovered three kilometers southwest of the main Palmer Deposit in 2017, has been one of the main goals of the Company’s 10,000-meter 2018 summer exploration drill program.
New drilling at the AG Zone has intersected wide intervals of precious and base-metal rich massive barite-sulphide mineralization in multiple drill holes and extended the overall strike length of the zone to over 550 meters. Key highlights include: 14.0 meters grading 163 g/t silver, 0.5 g/t gold, 5.6% zinc, 1.0% lead, 60.7% barite, including 4.1 meters grading 336 g/t silver, 0.6 g/t gold, 14.9% zinc, 2.3% lead, 67.0% barite, in CMR18-125; 6.8 meters grading 247 g/t silver, 0.8 g/t gold, 5.5% zinc, 2.8% lead, 69.6% barite, and 34.4 meters grading 152 g/t silver, 0.4 g/t gold, 1.6% zinc, 0.5% lead, 63.6% barite, in CMR18-128; 33.5 meters grading 98 g/t silver, 0.4 g/t gold, 5.0% zinc, 1.1% lead, 0.2% copper, 41.5% barite, in CMR18-130; and 14.4 meters grading 23 g/t silver, 0.2 g/t gold, 5.5% zinc, 0.2% lead, 0.4% copper, including 3.4 meters grading 44 g/t silver, 0.1 g/t gold, 10.8% zinc, 0.2% lead, 0.4% copper, in CMR18-132.
Garfield MacVeigh, President, stated “AG Zone continues to deliver impressive intersections of gold-silver-zinc-lead-barite mineralization. Drilling this season has more than doubled the strike length of the zone and it is developing into a significant deposit with excellent potential for further expansion. We are excited to commence an initial resource estimate for the AG Zone, which will contribute to the total resource base of the Palmer Project.”
AG Zone Drill Results: A total of 16 drill holes were completed at AG Zone during the 2018 drill program with assays now received for 13 holes. The new results expand the strike length of AG Zone mineralization to over 550 meters and include multiple, thick, high-grade intersections of massive barite-sulphide mineralization with excellent continuity between holes. This is well demonstrated by holes CMR18-125, 128, 130 and 132 that were completed on the same section at a nominal drill-spacing of 50-meters over a total dip-length of 150 meters. The four holes intersected cumulative widths of mineralization totalling 44.5 meters, 41.2 meters, 38.5 meters and 19.1 meters respectively and are located 50 meters along strike of previously released drill holes CMR18-109 (12.5 meters grading 217 g/t silver, 1.8 g/t gold, 5.2% zinc, 0.7% lead and 29.7% barite) and CMR18-110 (28.8 meters grading 141 g/t silver, 0.49 g/t gold, 8.98% zinc, 3.55% lead and 21.5% barite.
The company’s address Suite 320, 800 West Pender St., Vancouver, BC V6C 2V6, 604.629.2348, fax: 604.608.3878.