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Chibougamau Independent Mines Inc V.CBG

Alternate Symbol(s):  CMAUF

Chibougamau Independent Mines Inc. is a Canada-based natural resources exploration and development company with properties located in the area of Chibougamau, Quebec. The Company is focused on finding economic mineral deposits and reviving production in the Chibougamau mining camp. The Company holds approximately 12 exploration properties. It retains a 2% Gross Metal Royalty (GMR) on all iron and vanadium produced from the Mont Sorcier property. Properties included in the Chibougamau Mining Camp are Baie Malouf, Bateman Bay, Berrigan Mine, Berrigan South, Buckell Lake, Copper Cliff Extension, Grandroy, Gwillim, Kokko Creek, Lac Antoinette, Lac Chibougamau, Lac David Sud, Lac Elaine, Lac Simon, Mont Sorcier, Nepton, Quebec Chibougamau GoldFields and Virginia Option. The Bateman Bay gold-copper-silver (Au-Cu-Ag) mine & two former mining blocks constitute the Bateman Bay property, which is composed of approximately 15 mining claims totaling 353 hectares that are owned by the Company.


TSXV:CBG - Post by User

Post by Hillenscotton Apr 22, 2019 5:11pm
194 Views
Post# 29656429

Glacial speed of drill campaign

Glacial speed of drill campaign Nice NR but the glacial speed of any sizeable drilling campaign seems odd.
The perpendicular channel sampling along strike done in sep 2017 almost sounds like their drilling down the throat of a cu au periphery system?

2016 : Extended the C-3 zone to a depth of 250 m with the intersection of 12.5 m (41 feet) grading 3.61% Cu and 1.72 g/t Au in hole BJ-16-16 

2017 : Stripping ,Channel sampling reveals 2.5-3.5 % cu perpendicular to strike over 3.5 m in 8 samples.

2019 :CBG BJ1615 at a vertical depth of 170 m: 6.33m grading 3.65% Cu and 0.82 g/t Au 

 

BJ1616 at a vertical depth of 260 m: 12.5m grading 3.61% Cu and 1.72 g/t Au     

 

BJ-19-17 (today) at a vertical depth of 330m: 22m grading 4.33% Cu and 3.69 g/t Au and 19.62 g/t Ag

 

BJ-19-18 (today) at a vertical depth of 445m: 9.2m grading 7.7% Cu and 3.58 g/t Au and 33.25 g/t Ag



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