Constantine UndergroundLook's like CEM is going underground.
Constantine Metal Resources
“Constantine Metals owns the high-grade Palmer VMS
resource, a road accessible near-tidewater project in SE
Alaska. New zones are being drilled and CEM plans a
couple of resource updates in the next few months. Recent
testing indicates high purity barite within the mineral
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ized zones could be an important co-product. Most of the
zones are still wide open and Constantine will be produc
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ing the first ever PEA for the project in coming months.
CEM also controls several high grade gold projects which
I expect will be spun out, providing additional leverage
for shareholders. CEM will have a lot of news going for
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ward including plans to go underground at Palmer which
should remove the seasonality that has hampered Con
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stantine’s valuation.”
Eric Coffin, September 17, 2018