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Savers Value Village Inc V.SVV


Primary Symbol: SVV

Savers Value Village, Inc., together with its subsidiaries, sells second-hand merchandise in retail stores located in the United States (U.S.), Canada and Australia. Its segments include U.S. Retail and Canada Retail. It provides low-priced merchandise ranging from clothing to home goods in a treasure-hunt shopping environment. It purchases secondhand textiles, shoes, accessories, housewares, books and other goods from its non-profit partners, either directly from them or via on-site donations at Community Donation Centers at its stores and through GreenDrop locations. It then processes, selects, put price, merchandise and sells these items in its stores. The items that are not sold to its retail customers are marketed to wholesale customers, who reuse or repurpose the items they purchase from the Company. It operates over 326 stores under the Savers, Value Village, Village des Valeurs, Unique and 2nd Ave. banners. It also owns a thrift store chain with seven locations in Georgia.


NYSE:SVV - Post by User

Bullboard Posts
Post by Copperdreameron Dec 20, 2017 6:52am
112 Views
Post# 27193419

BUR Drilling Update

BUR Drilling Update

Mr. Ken Lapierre reports

ROCKCLIFF DRILLS HIGH GRADE ZINC IN STEP OUT HOLES AT BUR ZINC PROPERTY 7.2% ZNEQ ACROSS 4.9 METRES INCLUDING 10.9% ZNEQ ACROSS 2.9 METRES

Rockcliff Metals Corp. has completed a first-phase 10-hole stepout drill program totalling 3,250 metres on the company's Bur zinc property. The Bur Zinc property which hosts the historical high grade Volcanogenic Massive Sulphide (VMS) Bur zinc deposit is part of the Company's Manitoba property portfolio. Rockcliff's drilling was concentrated in an 800 metres long area southwest of the historical Bur zinc deposit below encouraging results from previous limited drilling. The Bur Zinc property is strategically located approximately 22 kilometres by road from Hudbay Minerals Inc.'s ("Hudbay", HBM: TSX; NYSE) copper-zinc concentrator centered in the Snow Lake mining camp within the prolific Flin Flon-Snow Lake greenstone belt located in central Manitoba.

Significant highlights of Rockcliff's first phase step out drill program are detailed below.

 

  • Hole 007 yielded 7.2% ZnEq across 4.9 metres including 10.9% ZnEq across 2.9 metres
  • Hole 005 yielded 6.8% ZnEq across 4.3 metres including 16.9% ZnEq across 1.0 metres
  • Hole 002 yielded 5.9% ZnEq across 6.9 metres including 9.1% ZnEq across 2.4 metres

 

Rockcliff's President and CEO Ken Lapierre commented, "Rockcliff's first phase step out drill program was successful in identifying significant VMS mineralization adjacent to and southwest of the known limits of the historical Bur zinc deposit. Each drill hole intersected what is termed the Bur VMS horizon, a potential 8,000 metres long mineralized horizon that hosts the high-grade Bur zinc deposit. Largely untested by a systematic drill program outside of the Bur zinc deposit area, the potential to identify additional resources along this important horizon is considered excellent and will be the focus of upcoming drill programs on the Bur Zinc property."

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