NR
Sunvest drills 17.5 ft of 5.09% Cu at Evening Star
2017-07-25 08:11 ET - News Release
Mr. Mike England reports
EVENING STAR DRILLING RETURNS UP TO 7.45% COPPER
Sunvest Minerals Corp. has released significant drill intercepts from hole 17-02 on the Evening Star property, located 12 kilometres southeast of Hawthorne, Nev. Core intercepts returned values up to 7.45 per cent copper (Cu), 1.81 grams per tonne gold (g/t Au) and 138.0 g/t silver (Ag). The Evening Star property is located approximately 3.2 km northeast of Newrange Gold Corp.'s recent drill activity on the Merritt zone and Merritt decline area on the Pamlico property. Recent staking activity in the area by Newrange may have made the properties contiguous.
Hole ES 17-02 was an angled diamond drill hole (minus 45 degrees), drilled due west in the Gold Bug area of the Evening Star property. From the collar, hole 2 returned 17.5 feet (5.3 metres) averaging 0.84 g/t Au, 105.3 g/t Ag, 5.09 per cent Cu, 0.09 per cent lead (Pb) and 0.86 per cent zinc (Zn). The associated table summarizes the sampling and results.
From To Interval Au Ag Cu Cu Pb Zn Zn (ft) (ft) (ft) (g/t) (g/t) (ppm) (%) (ppm) (ppm) (%) greater than 0.0 5.0 5.0 1.815 113.0 10,000 1.08 1,280 1,240 0.124 greater than 5.0 11.0 6.0 0.219 105.0 10,000 7.45 542 3,870 0.387 greater greater than than 11.0 16.0 5.0 0.743 88.0 10,000 6.99 1,135 10,000 1.56 greater greater than than 16.0 17.5 1.5 0.409 138.0 10,000 2.64 101 10,000 2.86 Weighted average 17.5 0.841 105.3 5.09 884.49 0.86 17.5 21.0 3.5 0.034 1.7 1,100 0.11 17 1,800 0.18 21.0 24.7 3.7 0.026 0.9 127 4 298 Not sampled from 24.7 to 136.0 feet.
Due to time constraints with the drilling contractor, only two short holes were completed at this time. Hole ES 17-01 was an angled hole (minus 45 degrees) drilled in a northwest direction, to a depth of 367.3 feet (112.0 metres), and intercepted anomalous copper from 32.3 to 41.7 feet, 1,924 parts per million Cu over 9.4 feet, and from 56.7 to 66.5 feet, 1,887 ppm Cu over 9.8 feet.
Hole ES-17-02 was drilled to 362.0 feet (110.3 metres).
During the drill program, company personnel located a drill collar in the field believed to represent hole 91-4 drilled by Phelps Dodge. This drill hole from 65 feet (19.8 m) intersected 40 feet (12.2 m) averaging 1.75 per cent copper. Drill hole 91-4 also averaged 0.45 gram per tonne gold over a width of 7.6 m, from a depth of 21.3 m.
"These recent drill results in the Gold Bug area on the Evening Star property has confirmed significant precious metal (gold and silver) values with the copper and base metals mineralization. A short surface program will begin shortly and we are permitted for additional drilling and expect to recommence drilling on the multiple targets on Evening Star in the fall. The Evening Star property has excellent logistics and can readily be worked year-round," stated Mike England, chief executive officer of the company.
Garry Clark, PGeo, a qualified person as defined by National Instrument 43-101, is the independent qualified person responsible for reviewing and approving the technical contents of this press release as they pertain to the Evening Star property.
We seek Safe Harbor.