Post by
Boreas7 on Jan 14, 2023 5:00pm
NR Highlights 2022
HIGHLIGHTS FROM NRs OF 2022
July 4, 2022
- Earlier this year, Magnum received a 2-year Multi-Year Area Based (MYAB) work permit for its LH Property, issued by the Ministry of Energy, Mines and Low Carbon Innovation.
August 16, 2022
- The Company considers the results of the 2022 program to be very significant.
- We are extremely encouraged by these results from the LH Property and the potential to identify an initial NI 43-101 compliant resource in the near future. We are actively working to continue our drill program on the property to realize that goal.
- The holes completed in 2022 continue to document multiple, pyrrhotite mineralized, variably gold-bearing zones, including high-grade, gold-bearing intervals, consistent with previous programs.
- The strong correlation between prominent magnetic anomalies and well mineralized, gold-bearing intervals has been extended to both depth and farther south.
- Underground sampling confirms that variable, moderate to high-grade gold (≤154.08 g/t) has been documented.
- Drilling by the Company continues to document high-grade, gold-bearing mineralization.
- Taken together, these data are interpreted to indicate strong potential to delineate a mineral resource spatially associated with the LH Underground Workings.
Comment by
cnotes22 on Jan 14, 2023 11:55pm
This post has been removed in accordance with Community Policy
Comment by
Boreas7 on Jan 15, 2023 8:45am
Is it pure spam or have I missed something?
Comment by
Boreas7 on Jan 15, 2023 11:34am
Apparently, it was spam since the spammer (or someone else) removed the spam.