Business
Canadian Silver Hunter Inc. Reports 25 Metres of Mineralization Intersected at Keeley Mine
Toronto, Ontario--(Newsfile Corp. - February 2, 2018) - Canadian Silver Hunter Inc. (TSXV: AGH...
About this update from Canadian Silver Hunter Inc.
[{"type":"text","content":"Canadian Silver Hunter Inc. Reports 25 Metres of Mineralization Intersected at Keeley MineToronto, Ontario--(Newsfile Corp. - February 2, 2018) - Canadian Silver Hunter Inc. (TSXV: AGH.H) (Canadian Silver Hunter\" or the \"Company\") releases positive drill results from the 2017 drill program, conducted by option partner First Cobalt Corp. (TSXV: FCC) (the \"Company\") intersecting 25 metres of fracture-controlled silver mineralization on Silver Hunter's Keeley-Frontier property.Highlights106.2 g/t Ag over 13.7m, including 445 g/t Ag over 3.0m , near the Keeley Shaft.Anomalous silver also occurs over 4.0m above the interval as well as 7.0m below, up to 11.3 g/t over 1.0m.Suggests metal zoning pattern of silver-rich and cobalt-rich areas of mineralization at the mine-scale to guide future drill targeting.Length of intercept supports bulk mining strategy of a style of mineralization that was not mined historically in the Cobalt Camp.Drilling near the historic Keeley mine intersected a significant interval of 13.7 metres grading 106.2 g/t silver along the Woods Vein. Anomalous silver (up to 11.3 g/t Ag over 1.0m) was also encountered over an additional 4.0m above this interval and 7.0m immediately below, indicating the presence of a broad style of mineralization in material historically considered insignificant (Table 1).Within the interval, background cobalt values of up to 0.03% Co are present but base metals are generally low. Cobalt was intersected 200m further south along the Woods Vein with grades of 0.12% Co over 5.5m as well as in veins to the west containing up to 1.15% Co and 0.55% Ni over 0.42m (see December 19, 2017 press release). This suggests a possible metal zoning pattern of cobalt-rich and silver-rich mineralization may be present. This zonation can be predicted and applied to future drill targeting.Trent Mell, President & Chief Executive Officer, FCC, commented: \"These results are very encouraging as further validation of our view that the Cobalt Camp material previously believed to be barren does in fact host disseminated material amenable to a bulk tonnage operation. We are in the early days of our drill campaign and these results demonstrate the potential for long cobalt and silver drill intercepts outside the historically mined vein systems.\"The 2017 drill program focused on the areas around the Ke...