OTCQX:EMGCF - Post by User
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Basketfanon Dec 05, 2018 2:32am
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Drill Programm News
Drill Programm NewsAt present, the market does not want to see the undervaluation here
, but such results will prevail sooner or later. https://zincone.com/news/2018/zinc-one-outlines-path-forward-after-successful-2018-drill-program-at-bongara-zinc-mine-project-peru/ Highlights of 2018 Drill Program
- Discovery of new high-grade mineralization at Mina Chica with grades as high as 46.8% Zn and 38.7% Zn
- Advancement towards an updated mineral resource estimate expected early 2019
- Recognition of upside exploration potential outside areas previously drilled (See Figure 1. below)
Dr. Bill Williams, COO and Interim CEO of Zinc One Resources commented,” The most important highlight of our drill program was the discovery of the Mina Chica deposit and we are optimistic that the resource estimate there will make an important contribution to the overall resources. The zinc-oxide deposits drilled not only at Mina Chica, but at Mina Grande Norte, Mina Grande Centro, and Mina Grande Sur as well, have been delineated in all but one direction in each case, along which upside potential requires further definition drilling. Most importantly, the best and longest intercepts did not outcrop, so there remain areas between these deposits that have great potential, especially the 300 metre by 400 metre unexplored area between Mina Grande Norte and Mina Chica.”