02 Feb 2021 07:30 HE
GlobeNewswire Serengeti Resources Inc. (SIR: TSX-V) ("Serengeti" or "the Company") is pleased to report the final batch of assay results from the 2020 drilling campaign completed at the Kwanika Project in north-central BC. A total of 4,350 metres were drilled in 9 holes testing a number of exploration targets and resource expansion opportunities. The first batch of results were reported on December 16<a href="https://serengetiresources.com/site/assets/files/2954/nr-2020-16_kwn-drilling-196-198_final-with-diagrams.pdf" rel="nofollow" target="_blank">, 2020</a>. The advanced resource-stage Kwanika project is ~26,000 hectares, held by Kwanika Copper Corporation (KCC)*, and is located in the Quesnel Trough of British Columbia which hosts numerous porphyry copper-gold deposits. "The 2020 drilling program at Kwanika was a success. K-202 from the current release, combined with previously released K-197, demonstrates that the Central Zone remains open for expansion towards the south along the controlling Central Fault into an area of very sparse drilling. Earlier released hole, K-198 intersected two substantial intervals of well above deposit average grade, demonstrating the potential for delineation of higher grade domains within the known resource and drilling to the north indicates that the mineralized envelope remains open in that direction. We look forward to pusuing all of these opportunities in 2021 under the banner of a strengthened corporate entity, once the merger with Sun Metals has been approved by shareholders." , stated David W. Moore President & CEO of Serengeti Resources. |