The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Canadian Zinc Corp. May 5 reported that the first four drill holes of an ongoing underground drill program cut the high-grade zinc structure targeted at the Prairie Creek Mine in the Northwest Territories.
The 6,000-meter drill program is testing for new areas of mineralization in proximity to the mine workings and aiming to convert a portion of the large inferred mineral resource at Prairie Creek to the indicated category for potential inclusion in an update of the preliminary feasibility study scheduled to be completed later this year.
In this particular area of the mine, the mineralization occurs either in the Main Quartz Vein - a high-grade, steeply dipping, fault structure that hosts the majority of the defined reserves and resources - or in the Stockwork Zone - a series of narrow high-grade veins occurring at an oblique angle to the MQV. All four holes intersected the MQV structure, the best of which cut 3.03 meters grading 30.5 percent zinc, 27.5 percent lead and 289 grams per metric ton silver.
Three of the holes intersected the Stockwork Zone, the best of which cut 3.63 meters grading 11.9 percent zinc, 7.2 percent lead and 89 g/t silver.
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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