Champion Bear Announces Drilling Results From Eagle Rock Copper-PGE Project
28 5월 2019 - 9:00PM
Champion Bear Resources Ltd. (TSXV: CBA-V)
("
Champion Bear" or the
"
Company") is pleased to announce results from the
Q1 2019 Eagle Rock drilling program on its 100% owned project
located 60km south of Dryden in NW Ontario.
The results for the 9 NQ diamond drill holes in
the Campbell Zone on the Eagle Rock Project are summarized in Table
1 below. The drilling program was designed to collect data
predominantly within the top 150 meters of the surface in order to
fill historical data gap near surface and complement existing data
from 99 drill holes that range as deep as 426m in order to better
understand the mineralization distribution. The 9 holes
completed in 2019 are located between existing drill sections of
the Campbell Zone and as such do not constitute a material change
on the Project. Table 2 provides details of collar location
and hole orientation. A plan view map is attached identifying the
Q1 2019 drilling program (Figure 1).
Table 1 – Eagle Rock Copper-PGE Project
– Significant Intercepts from 10 Diamond Drill Holes
|
Hole ID |
From (m) |
To (m) |
Length(m) |
Ni (%) |
Cu (%) |
Pt (g/t) |
Pd (g/t) |
Au (g/t) |
Co (%) |
|
ER19-23 |
86.31 |
87.15 |
0.84 |
0.05 |
0.30 |
0.245 |
0.429 |
0.178 |
0.000 |
|
ER19-24 |
101.00 |
108.50 |
7.50 |
0.05 |
0.40 |
0.323 |
0.548 |
0.250 |
0.006 |
|
Includes |
102.91 |
104.10 |
1.19 |
0.09 |
0.63 |
0.478 |
0.847 |
0.411 |
0.009 |
|
|
104.10 |
105.80 |
1.70 |
0.09 |
0.65 |
0.511 |
0.887 |
0.397 |
0.001 |
|
ER19-24 |
114.42 |
119.63 |
5.21 |
0.03 |
0.22 |
0.157 |
0.294 |
0.106 |
0.006 |
|
ER19-25 |
75.00 |
85.00 |
10.00 |
0.06 |
0.45 |
0.398 |
0.645 |
0.325 |
0.006 |
|
Includes |
77.00 |
79.00 |
2.00 |
0.09 |
0.59 |
0.605 |
0.927 |
0.498 |
0.009 |
|
|
79.00 |
81.00 |
2.00 |
0.10 |
0.80 |
0.580 |
0.951 |
0.460 |
0.008 |
|
|
83.00 |
85.00 |
2.00 |
0.07 |
0.51 |
0.600 |
0.963 |
0.478 |
0.007 |
|
ER19-26 |
72.00 |
74.00 |
2.00 |
0.03 |
0.11 |
0.083 |
0.192 |
0.046 |
0.005 |
|
ER19-27 |
82.00 |
98.00 |
16.00 |
0.04 |
0.23 |
0.130 |
0.238 |
0.113 |
0.005 |
|
Includes |
92.00 |
94.00 |
2.00 |
0.07 |
0.46 |
0.296 |
0.514 |
0.241 |
0.006 |
|
ER19-28 |
97.00 |
131.00 |
34.00 |
0.06 |
0.34 |
0.281 |
0.465 |
0.201 |
0.006 |
|
Includes |
97.00 |
99.00 |
2.00 |
0.04 |
0.30 |
0.152 |
0.258 |
0.116 |
0.006 |
|
|
99.00 |
101.00 |
2.00 |
0.05 |
0.41 |
0.181 |
0.364 |
0.170 |
0.006 |
|
|
101.00 |
103.00 |
2.00 |
0.02 |
0.15 |
0.051 |
0.107 |
0.068 |
0.004 |
|
|
103.00 |
105.00 |
2.00 |
0.03 |
0.16 |
0.070 |
0.109 |
0.058 |
0.006 |
|
|
105.00 |
107.00 |
2.00 |
0.04 |
0.11 |
0.017 |
0.021 |
0.016 |
0.006 |
|
|
107.00 |
109.00 |
2.00 |
0.09 |
0.39 |
0.238 |
0.411 |
0.149 |
0.007 |
|
|
109.00 |
111.00 |
2.00 |
0.08 |
0.37 |
0.343 |
0.602 |
0.229 |
0.007 |
|
|
111.00 |
113.00 |
2.00 |
0.08 |
0.34 |
0.410 |
0.682 |
0.195 |
0.007 |
|
|
113.00 |
115.00 |
2.00 |
0.10 |
0.56 |
0.469 |
0.752 |
0.356 |
0.008 |
|
|
115.00 |
117.00 |
2.00 |
0.09 |
0.48 |
0.378 |
0.653 |
0.297 |
0.006 |
|
|
117.00 |
119.00 |
2.00 |
0.05 |
0.33 |
0.314 |
0.509 |
0.218 |
0.005 |
|
|
119.00 |
121.00 |
2.00 |
0.05 |
0.38 |
0.350 |
0.569 |
0.249 |
0.005 |
|
|
121.00 |
123.00 |
2.00 |
0.06 |
0.49 |
0.501 |
0.791 |
0.391 |
0.006 |
|
|
123.00 |
125.00 |
2.00 |
0.06 |
0.50 |
0.485 |
0.812 |
0.348 |
0.006 |
|
|
125.00 |
127.00 |
2.00 |
0.06 |
0.49 |
0.491 |
0.774 |
0.315 |
0.006 |
|
|
127.00 |
129.00 |
2.00 |
0.02 |
0.16 |
0.155 |
0.223 |
0.105 |
0.004 |
|
|
129.00 |
131.00 |
2.00 |
0.03 |
0.24 |
0.170 |
0.265 |
0.138 |
0.004 |
|
ER19-28 |
149.00 |
157.00 |
8.00 |
0.06 |
0.48 |
0.287 |
0.491 |
0.215 |
0.006 |
|
Includes |
149.00 |
151.00 |
2.00 |
0.05 |
0.48 |
0.283 |
0.492 |
0.211 |
0.007 |
|
|
151.00 |
153.00 |
2.00 |
0.04 |
0.36 |
0.197 |
0.356 |
0.158 |
0.005 |
|
|
153.00 |
155.00 |
2.00 |
0.05 |
0.45 |
0.253 |
0.456 |
0.202 |
0.006 |
|
|
155.00 |
157.00 |
2.00 |
0.08 |
0.61 |
0.416 |
0.660 |
0.289 |
0.006 |
|
ER19-29 |
46.00 |
102.00 |
56.00 |
0.07 |
0.42 |
0.272 |
0.488 |
0.188 |
0.006 |
|
Includes |
46.00 |
62.00 |
16.00 |
0.06 |
0.32 |
0.164 |
0.291 |
0.121 |
0.005 |
|
including |
46.00 |
48.00 |
2.00 |
0.07 |
0.34 |
0.200 |
0.361 |
0.151 |
0.007 |
|
|
48.00 |
50.00 |
2.00 |
0.05 |
0.25 |
0.118 |
0.214 |
0.102 |
0.007 |
|
|
50.00 |
52.00 |
2.00 |
0.05 |
0.39 |
0.199 |
0.353 |
0.170 |
0.007 |
|
|
52.00 |
54.00 |
2.00 |
0.05 |
0.29 |
0.130 |
0.249 |
0.113 |
0.005 |
|
|
54.00 |
56.00 |
2.00 |
0.06 |
0.30 |
0.152 |
0.259 |
0.100 |
0.005 |
|
|
56.00 |
58.00 |
2.00 |
0.09 |
0.47 |
0.215 |
0.389 |
0.162 |
0.006 |
|
|
58.00 |
60.00 |
2.00 |
0.08 |
0.45 |
0.251 |
0.432 |
0.153 |
0.006 |
|
|
60.00 |
62.00 |
2.00 |
0.08 |
0.46 |
0.244 |
0.424 |
0.188 |
0.006 |
|
Includes |
68.00 |
98.00 |
20.00 |
0.08 |
0.49 |
0.340 |
0.598 |
0.225 |
0.006 |
|
including |
68.00 |
70.00 |
2.00 |
0.06 |
0.34 |
0.225 |
0.416 |
0.182 |
0.005 |
|
|
70.00 |
72.00 |
2.00 |
0.09 |
0.58 |
0.459 |
0.783 |
0.335 |
0.007 |
|
|
72.00 |
74.00 |
2.00 |
0.10 |
0.60 |
0.446 |
0.852 |
0.317 |
0.008 |
|
|
74.00 |
76.00 |
2.00 |
0.08 |
0.54 |
0.364 |
0.673 |
0.273 |
0.006 |
|
|
76.00 |
78.00 |
2.00 |
0.08 |
0.59 |
0.378 |
0.737 |
0.305 |
0.007 |
|
|
78.00 |
80.00 |
2.00 |
0.11 |
0.76 |
0.503 |
0.976 |
0.397 |
0.008 |
|
|
80.00 |
82.00 |
2.00 |
0.07 |
0.48 |
0.307 |
0.530 |
0.223 |
0.005 |
|
|
82.00 |
84.00 |
2.00 |
0.05 |
0.33 |
0.206 |
0.355 |
0.152 |
0.004 |
|
|
84.00 |
86.00 |
2.00 |
0.07 |
0.42 |
0.273 |
0.472 |
0.188 |
0.006 |
|
|
86.00 |
88.00 |
2.00 |
0.08 |
0.49 |
0.339 |
0.588 |
0.214 |
0.006 |
|
|
88.00 |
90.00 |
2.00 |
0.11 |
0.68 |
0.451 |
0.780 |
0.309 |
0.008 |
|
|
90.00 |
92.00 |
2.00 |
0.09 |
0.60 |
0.424 |
0.724 |
0.292 |
0.007 |
|
|
92.00 |
94.00 |
2.00 |
0.07 |
0.45 |
0.289 |
0.500 |
0.189 |
0.006 |
|
|
94.00 |
96.00 |
2.00 |
0.06 |
0.42 |
0.300 |
0.526 |
0.187 |
0.005 |
|
|
96.00 |
98.00 |
2.00 |
0.07 |
0.29 |
0.306 |
0.529 |
0.100 |
0.006 |
|
ER19-30 |
91.00 |
99.00 |
8.00 |
0.08 |
0.42 |
0.306 |
0.511 |
0.236 |
0.006 |
|
Includes |
91.00 |
93.00 |
2.00 |
0.06 |
0.41 |
0.267 |
0.482 |
0.216 |
0.006 |
|
|
93.00 |
95.00 |
2.00 |
0.11 |
0.65 |
0.496 |
0.834 |
0.390 |
0.007 |
|
|
95.00 |
97.00 |
2.00 |
0.09 |
0.41 |
0.318 |
0.521 |
0.242 |
0.006 |
|
|
97.00 |
99.00 |
2.00 |
0.04 |
0.19 |
0.144 |
0.208 |
0.097 |
0.004 |
|
ER19-30 |
133.00 |
141.00 |
8.00 |
0.05 |
0.23 |
0.187 |
0.304 |
0.108 |
0.005 |
|
Includes |
133.00 |
135.00 |
2.00 |
0.07 |
0.20 |
0.203 |
0.292 |
0.034 |
0.007 |
|
|
135.00 |
137.00 |
2.00 |
0.03 |
0.13 |
0.095 |
0.172 |
0.085 |
0.003 |
|
|
137.00 |
139.00 |
2.00 |
0.04 |
0.24 |
0.187 |
0.305 |
0.121 |
0.005 |
|
|
139.00 |
141.00 |
2.00 |
0.06 |
0.33 |
0.262 |
0.448 |
0.191 |
0.005 |
|
ER19-31 |
86.00 |
90.00 |
4.00 |
0.08 |
0.42 |
0.172 |
0.327 |
0.147 |
0.005 |
|
Includes |
86.00 |
88.00 |
2.00 |
0.04 |
0.29 |
0.117 |
0.222 |
0.099 |
0.004 |
|
|
88.00 |
90.00 |
2.00 |
0.12 |
0.55 |
0.227 |
0.431 |
0.195 |
0.005 |
Note: Length in Table 1 represents core length not true
thickness in meters. The geometry of the mineralization would
indicate the true thickness to be approximately 70 to 80 percent of
the core length.
Table 2 – Eagle Rock Project – Collar Locations for Q1
2019 Diamond Drilling
|
Hole ID |
Collar location(UTM NAD 83) |
Collar orientation |
|
|
Northing |
Easting |
Dip |
Azimuth |
EOH depth (m) |
|
ER19-23 |
5451045 |
524573 |
-68 |
042 |
102 |
|
ER19-24 |
5450997 |
524620 |
-57 |
045 |
141 |
|
ER19-25 |
5450974 |
524671 |
-62 |
045 |
141 |
|
ER19-26 |
5450954 |
524710 |
-57 |
048 |
129 |
|
ER19-27 |
5450882 |
524806 |
-55 |
045 |
170 |
|
ER19-28 |
5450799 |
524963 |
-61 |
045 |
234 |
|
ER19-29 |
5450853 |
524971 |
-63 |
045 |
189 |
|
ER19-30 |
5450645 |
525133 |
-58 |
049 |
153 |
|
ER19-31 |
5450611 |
525204 |
-50 |
045 |
183 |
A photo accompanying this announcement is available
at
https://www.globenewswire.com/NewsRoom/AttachmentNg/b7bff8d2-37ab-4310-88da-991443272efd
Sampling consisted of sawing the core in equal
halves along the main axis and shipping one of the halves to the
Activation Laboratories preparation in Dryden Ontario. The samples
are crushed and pulverized before being sent to Activation
Laboratories analytical facility in Thunder Bay Ontario for
analysis for gold, palladium and platinum by fire assay with ICP
finish. All remaining elements were analyzed with an aqua regia
digestion and multi-element ICP. Champion Bear uses a comprehensive
QA/QC protocol, including the insertion of blanks, standards and
pulp duplicates.
Richard Kantor, President of Champion Bear, said
the Company was encouraged by these positive results in delineating
the mineralization in the Campbell Zone and would be moving forward
with further exploration plans to enhance the understanding of the
metal distribution on its Eagle Rock properties.
Mr. Todd McCracken, PGeo, Manager-Mining, WSP
Canada Inc. is the qualified person ("QP") under
the meaning of Canadian National Instrument 43-101 Standards for
Disclosure of Mineral Projects, has reviewed and is responsible for
the technical content of this news release.
About Champion Bear
Champion Bear is a mineral exploration company
focused exclusively on the historically prospective regions of
Ontario. The Company's primary targets are platinum group metals,
precious metals, and polymetallic base metals deposits. Champion
Bear's aim is to create shareholder value through selective
property acquisition followed by focused exploration emphasizing
drilling. The Company has assembled a large land position in the
Dryden and Sudbury areas, totaling over 16,000 hectares. Additional
information about Champion Bear can be found on the Company's
website at www.championbear.com and on SEDAR at www.sedar.com. For
further information, please contact: Richard D. Kantor, Chairman
and President of Champion Bear at phone: (403) 229-9522.
NEITHER TSX VENTURE EXCHANGE NOR ITS
REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES
OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.
CAUTIONARY STATEMENT REGARDING
FORWARD-LOOKING INFORMATION:
This news release includes certain
"forward-looking statements" under applicable Canadian securities
legislation including statements relating to the results
delineating the mineralization in the Campbell Zone and moving
forward with further exploration plans to enhance the understanding
of the metal distribution on the Company's Eagle Rock properties.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable, are
subject to known and unknown risks, uncertainties, and other
factors which may cause the actual results and future events to
differ materially from those expressed or implied by such
forward-looking statements. All statements that address future
plans, activities, events, or developments that the Company
believes, expects or anticipates will or may occur are
forward-looking information, including statements regarding the
potential development of resources and drilling plans which may or
may not occur. Forward-looking statements and information contained
herein are based on certain factors and assumptions regarding,
among other things, the market price of the Company's securities,
metal prices, exchange rates, taxation, the estimation, timing and
amount of future exploration and development, capital and operating
costs, the availability of financing, the receipt of regulatory
approvals, environmental risks, title disputes, failure of plant,
equipment or processes to operate as anticipated, accidents, labour
disputes, claims and limitations on insurance coverage and other
risks of the mining industry, changes in national and local
government regulation of mining operations, and regulations and
other matters. There can be no assurance that such statements will
prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements. The Company disclaims any intention or
obligation to update or revise any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
Champion Bear Resources (TSXV:CBA)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024
Champion Bear Resources (TSXV:CBA)
과거 데이터 주식 차트
부터 12월(12) 2023 으로 12월(12) 2024
