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Drilling on Mineral Mountain’s Standby Mine Patents Begins in the Rochford District, South Dakota, USA
VANCOUVER, British Columbia, Feb. 12, 2018 (GLOBE NEWSWIRE) -- Mineral Mountain Resources Ltd. (“Mineral Mountain” or the “Company”) (TSX.V:MMV) (OTCQX:MNRLF) i
About this update from Badlands Resources Inc
[{"type":"text","content":"VANCOUVER, British Columbia, Feb. 12, 2018 (GLOBE NEWSWIRE) -- Mineral Mountain Resources Ltd. (“Mineral Mountain” or the “Company”) (TSX.V:MMV) (OTCQX:MNRLF) is pleased to report that the Company’s planned Phase I drill program consisting of a minimum of twelve (12) drill holes totaling approximately 4300 meters started February 7th to test the down plunge extension of the 300-meter wide Standby Mine gold structure partially developed from 1891 to 1909 by underground mining from surface to the 425-foot level. 3D Mag modelling suggests that this high priority gold target is a large magnetic body consisting of iron formation-hosted gold mineralization that may have the potential size to have district-scale discovery potential. A total of 12 drill holes ranging between 300m and 400m deep are planned to intersect the wide Standby Mine gold structure down plunge from the Standby Mine 425-foot level. The first drill hole is spotted to intersect this gold structure at about 100 m below the 425-foot level proximal to hole S-1 drilled by Getty Oil in 1982. S-1 intercepted altered and locally quartz flooded iron formation with 3 - 10% pyrrhotite and trace to 5% arsenopyrite from 33.83m – 71.32m (111.0’ – 234.0’) for a core interval of 37.5m (near true width). Visible gold was observed in 4 different relatively short intervals. The entire interval was sampled and much of it had been sampled twice. No historical assay results are available for the remaining one-quarter core, but it is a very impressive looking intercept. Up plunge from hole S-1, an historic underground drill hole, BLG-UG03, designed the test the Standby Mine horizon 75 meters below the 125-foot level, intersected 4.61 grams per tonne across 12.19 meters. A channel sample collected from one of the mineralized gold zones of quartz flooded iron formation on the 425-foot levels assayed 6.22 g/t Au across 10.5m. Between 1986 and 1988, Homestake drilled three separate “widely spaced step out” cross sections down plunge from the Standby Mine shaft. The “step out” cross sections were designed to intersect the major gold bearing fold structure at 750-meter intervals down plunge. Remarkably, in 1987, Homestake SM87-3A, located 1500 meters laterally and about 560 meters vertically and 1500m down plunge from the Standby Mine deposit, intersected a broad interval of gold minerali...