Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Molecule Holdings Inc C.MLCL

Alternate Symbol(s):  EVRRF

Molecule Holdings Inc. is a Canada-based licensed producer engaged in creating cannabis-infused beverages (CIBs) for the Canadian market. The Company operates through one segment being the production and co-packing CIBs. The Company produces drinks to provide opportunity and choice for people seeking a convenient and social way to consume cannabis. Its brands include PHRESH, embody, DULCES and KLON. It is also focused on growing both its portfolio, and the overall cannabis beverage market.


CSE:MLCL - Post by User

Bullboard Posts
Post by 4uon Feb 10, 2010 4:38pm
258 Views
Post# 16772667

La Lechoza drill results

La Lechoza drill resultsEverton Resources Inc. and Linear Gold Corp. Release More Drill Results from the La Lechoza Prospect, Ampliacion Pueblo Viejo Concession, Dominican Republic

OTTAWA, ONTARIO, Feb 10, 2010 (MARKETWIRE via COMTEX News Network) --

Everton Resources (TSX VENTURE: EVR) and partner Linear Gold (TSX: LRR) are pleased to announce results received for the first four holes of the drilling campaign at the La Lechoza Prospect, located in the Ampliacion Pueblo Viejo concession in Central Dominican Republic. Highlights for these four holes are:

------------------------------------------------------------------
APV1
0-01
------------------------------------------------------------------
From(m) To(m) Length(m) Au(g/t) Ag(g/t) Cu(%)
0.00 33.50 33.50 41.5
Incl. 11.00 23.00 12.00 105.0
and 0.00 8.00 8.00 1.08
32.00 48.50 16.50 0.28
Incl. 32.00 38.00 6.00 0.53
APV10-02
-------------------------------------------------------------------
From(m) To(m) Length(m) Au(g/t) Ag(g/t) Cu(%)
0.00 5.00 5.00 0.52
Incl. 0.00 1.00 1.00 1.61
18.50 44.50 26.00 0.80
Incl. 19.50 31.00 11.50 1.16
Incl. 23.15 26.00 2.85 1.87
APV10-03
-------------------------------------------------------------------
From(m) To(m) Length(m) Au(g/t) Ag(g/t) Cu(%)
10.00 14.50 4.50 5.80 59.37 1.19
Incl. 10.00 13.00 3.00 7.89
10.00 71.00 61.00 18.49
Incl. 45.00 49.65 4.65 94.44
32.25 47.00 14.75 0.61
Incl. 36.50 40.65 4.15 0.99
APV10-04
------------------------------------------------------------------
From(m) To(m) Length(m) Au(g/t) Ag(g/t) Cu(%)
0.00 26.60 26.60 0.44
Incl. 0.00 3.50 3.50 2.23 0.18

------------------------------------------------------------------
greater
11.00 17.00 6.00 than 76.5(i) 0.13
------------------------------------------------------------------
(i) Assays over-limits pending.

To date, the program has completed ten drill holes for a total of 797 meters. Assays from holes APV10-05 to 10 are pending. The drill program is designed to test mineralization previously drilled with AirTrack drilling in the 1980s and core drilling in 2003 and 2004. The drilling is targeted around the main La Lechoza Prospect in the sectors named North Hill (original surface showing), Spanish Pit, a gossan zone approximately 250 meters to the southwest, and the newly discovered sector Pon Hill is located a further 200 meters southwest of Spanish Pit. The total extension of the mineralization is estimated to be 450 meters by 200 meters. Values up to 11.18 g/t gold, greater than 300 g/t silver, 3.03% copper were returned from this drilling campaign. Andre Audet, Chairman and CEO, stated: "These results confirm the high potential of the La Lechoza prospect to develop a copper, gold, silver resource in the near future".

The intersected mineralization varies from semi-massive sulphide including pyrite, chalcopyrite, sphalerite and argentite associated with clay-rich breccias zones, to quartz-sulphide stockwork and veining in strongly silicified volcanic-derived breccias. A supergene oxidation zone with secondary copper oxides and carbonates cap most of the fresh hypogene sulphides or primary mineralization. Significant secondary copper enrichment (covellite-chalcosite) and locally visible gold have been observed in the core. (see map on www.evertonresources.com)

The drilling campaign is being oriented to define the extension of the mineralization system and to discern the structural and stratigraphical setting. Mineralogical and petrographical studies will be oriented to define the environment of formation.

Further work planned in the Ampliacion Pueblo Viejo will consist of an exhaustive alteration minerals' study using portable infrared spectrometer (PIMA) to orient further drilling at the extensive alteration lithocap at Loma La Cuaba in the southern sector of the concession and adjacent to the Pueblo Viejo gold deposit

Bullboard Posts

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse