Business
Mineral Mountain Resources: 20,000 Meters of Core Drilling Planned
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 22, 2017) - Mineral Mountain Resources Ltd. ("Mineral Mountain" or the "Company") (TSX VENTURE:MMV)(OTC PINK:MN
About this update from Badlands Resources Inc
[{"type":"text","content":"VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 22, 2017) - Mineral Mountain Resources Ltd. (\"Mineral Mountain\" or the \"Company\") (TSX VENTURE:MMV)(OTC PINK:MNRLF) is pleased to report that the intensive database compilation and interpretation of both the proprietary Standby Mine database (news release dated October 3, 2016) combined with the Company's extensive comprehensive database acquired from the BHB Group (news release dated July 18, 2016) has been successful in generating two exceptional high priority gold targets in the Rochford District, the Standby Mine and the Cochrane South Trends, that occur in two separate deformed and thickened synclinal fold trends of iron formation, similar to the locally termed \"Ore Ledges\" at the Homestake Mine located 25 km to the north. Both trends are capable of hosting district-scale Tier 1 gold systems with extensive down plunge lengths of up to 3.0 kilometers. Forty eight (48) drill holes from sixteen sites totaling 20,000 m are planned to discover and build a resource in both drill targets, with the Standby Mine drilling planned to begin in Q2 2017 and the Cochrane South target to be tested in Q3 2017. In September 2016, the Company engaged the professional services of FMG Engineering based in Rapid City, South Dakota, to handle the permitting process to allow drilling 20,000 meters of core drilling to test both targets. Standby Target Trend In October, 2016 the Company purchased a proprietary digital database, generated by Homestake Mining Company between 1967 and 1988 and, never released to the public, consisting of 71 diamond drill holes totaling 22,394 meters, of which 17 holes totaling 14,723 meters targeted an iron formation fold structure, similar in scale to Ledge-9 at the Homestake Mine, at the Standby Gold Mine Property (see September 12, 2016 release). A longitudinal section of the Standby Target Trend was generated by Homestake Mining Company and is posted on the Company's website www.mineralmtn.com, Richard Bachman, ex-VP of Exploration for Homestake Mining Corp. commented: \"At Rochford, we used known Homestake Mine geologic principles and it worked! This major fold structure (synclinorium) was considered by Homestake to be large enough to host a district scale gold resource similar to the Homestake District and the Homestake Mine\". At the Homestake Mine, eleven o...