Business
Kenadyr Mining Announces 69 meters at 2.57 g/t Au (including 7 meters at 12.98 g/t Au) in DDH EZ-9-18
VANCOUVER, British Columbia, Sept. 21, 2018 (GLOBE NEWSWIRE) -- Kenadyr Mining (Holdings) Corp. (TSX-V: KEN; OTC-MKTS: KNDYF; FRA: KM0) (the “Corporation” or “K
About this update from Algo Grande Copper Corp.
[{"type":"text","content":"VANCOUVER, British Columbia, Sept. 21, 2018 (GLOBE NEWSWIRE) -- Kenadyr Mining (Holdings) Corp. (TSX-V: KEN; OTC-MKTS: KNDYF; FRA: KM0) (the “Corporation” or “Kenadyr”) is pleased to announce further results of the 2018 drill program at Kenadyr’s Borubai property comprising drill holes EZ- 6,9,10,11,12,13,14 and 16 – 18. (Hole EZ-15-18 was abandoned in fault rubble). These drill holes include 2 new sections collared approximately 50 meters east, and another 50 meters east of the last section reported at the end of June this 2018 season. Hole EZ-16-18 was collared another 100 meters east of the last section now being reported. The new drilling further demonstrates that the East Zone continues strongly along strike with good continuity of mineralization continuing eastward from the TBL Mine. As mentioned in previous news releases, the East Zone is a separate body from the main TBL Mine 60% owned (40% KyrgyzAltyn) and wholly operated by Zijin Mining, and the company is evaluating the potential for this zone to be mined by open pit methods. The company is using a 0.5 g/t cutoff to calculate intervals for this mineralized zone. Kenadyr has temporarily halted drilling in order to perform an I.P. chargeability and resistivity survey across the drilled area of the East Zone and progressing along strike to the east for an additional 1100 meters. This survey is underway and being performed by a recognized international contractor. The purpose of the survey is to more precisely track the highly chargeable drill target as the drilling progresses eastward. Drill results are tabled below: Hole Number From To Interval g/t Au EZ-6-18 231 265 34 meters 0.89 including 231 248 17 meters 1 EZ-9-18 200 269 69 meters 2.57 including 241 254 13 meters 3.36 including 261 268 7 meters 12.98 EZ-10-18 232 280 48 meters 1.01 including 247 254 7 meters 2.07 EZ-11-18 237 282 45 meters 1.02 including 240 242 2 meters 2.06 EZ-12-18 211 304 93 meters 1 including 251 304 53 meters 1.43 and including 286 300 14 meters 3.91 EZ-13-18 225 232 7 meters 1.01 EZ-13-18 240 246 6 meters 1.06 EZ-13-18 249 251 2 meters 1.11 EZ-13-18 263 268 5 meters 1.07 EZ-14-18 258 292 34 meters 1.63 including 260 263 3 meters 2.4 including 272 292 20 meters 2.1 EZ-16-18 281 330 49 meters 0.73 including 281 293 12 meters 1.08 The Corporation is confident that these intersections are appro...