Drill Results Uninspiring, Permits on holdAt least HIGH is rocking higher...
Constantine Intersects 4.6 Meters of 0.52% Copper and 4.65% Zinc in 335 Meter Step-out on RW Zone at Palmer Project, Alaska
Vancouver, British Columbia--(Newsfile Corp. - September 25, 2019) - Constantine Metal Resources Ltd. (TSXV: CEM) (OTCQX: CNSNF) ("Constantine" or the "Company") is pleased to report assay results for a drill hole testing the depth extension of the RW Zone at its Palmer Joint Venture Project, Alaska ("Palmer" or the "Project"). The RW Zone (which includes the RW West, RW East and RW Oxide Zones) is located in the Palmer Deposit area and within the same folded mineralized horizon that hosts the main South Wall Zones. Expansion of the RW Zone is a priority for the Company as the RW Zone is near to planned mining infrastructure but was not included in the Company's recently released Preliminary Economic Assessment (See Company Press Release dated June 3rd, 2019).
Drill hole CMR19-140 was designed to test the open down-dip and down-plunge extension of the RW West Zone and intersected massive baritic sulphide mineralization (Table 1). The new intercept represents a significant 335 meter step-out of the mineralized zone (Figure 1). The zone is open to further expansion along strike (east and west) and at depth.
Table 1. Assay Results
| Drill Hole | From | To | Width | Cu | Zn | Ag | Au | BaSO4 % |
| (meters) | (meters) | (meters) | (%) | (%) | (g/t) | (g/t) | (Barite) |
| CMR19-140 | 151.8 | 156.4 | 4.6* | 0.52 | 4.65 | 27.7 | 0.20 | 43.7 |
*true width is 85 to 90% of reported width
"We are very encouraged by this new intersection at the RW Zone, which shows the potential to expand the RW Zone through further targeted step-out holes," said President & CEO Garfield MacVeigh. "This could ultimately lead to the inclusion of the RW Zone in future economic studies on Palmer and further enhance the Project."
Mineralization in drill hole CMR19-140 is very similar in character to previous RW Zone drill hole intersections, which were last drilled in 2014. The nearest up-dip intersection is hole CMR14-67 which returned 3.9 meters averaging 5.11% zinc, 0.19% copper, 92.5 g/t silver and 0.37 g/t gold. The RW West Zone previously had an approximate maximum true thickness of 6 meters, a strike length of 375 meters, and a dip length of 325 meters (based on mineral resource wireframes). The zone remains open both up- and down-dip, and along strike.
The Company completed a total of 3,165 meters of drilling in eight holes (CMR19-135 to CMR19-142) on the Palmer Project in 2019. Holes targeted step-outs of: 1) the RW West Zone, 2) the AG Zone, and 3) a previously untested sub-ice geophysical target to the west of the HG prospect. All assays have been received.
The AG Zone drilling to date shows that the deposit remains open up-plunge to the southeast towards the JAG prospect and towards the Waterfall prospect, 1.2 kilometers to the northwest.
At the sub-ice geophysical target, VMS-style barite-zinc mineralization in drill hole CMR19-142 returned 1.3% zinc and 8.52% barite from 378.7 to 379.2 meters with extensive strong pyritic footwall style alteration. . These results are highly encouraging for follow-up of this target and for the nearby untested HG prospect.
Update on Permitting
Constantine's Waste Management Permit (see Constantine news release July 31, 2019) has been remanded to the Alaska Department of Environmental Conservation ("DEC") staff for further review. The remand is due to a 9th Circuit Court Decision related to "the Hawaiian Wildlife case" that is currently before the Supreme Court that may change the way that US Environmental Protection Agency ("EPA") and DEC permit water discharges in the United States. Alaska has joined 18 other States in supporting EPA's and DEC's current permitting process and asking that the 9th Circuit's decision in Hawaii Wildlife be reversed.