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Margaux Resources Reports High-Grade Zinc Surface Results and Staking on Its Jackpot Property
Calgary, Alberta--(Newsfile Corp. - September 25, 2017) - Margaux Resources Ltd. (TSXV: MRL) (...
About this update from Cassiar Gold Corp
[{"type":"text","content":"Margaux Resources Reports High-Grade Zinc Surface Results and Staking on Its Jackpot PropertyCalgary, Alberta--(Newsfile Corp. - September 25, 2017) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) (\"Margaux\" or the \"Company\") is pleased to provide an update of activity on the Jackpot property, part of Margaux's Kootenay Arc project in southern British Columbia.Key HighlightsJackpot Main showing results include two 2 m composite chip samples averaging 15.58% Zn and 8.22% ZnSurface grab samples returned 31.4% Zn from the Jackpot East showing and 48.2% Zn from Elm showing Past-producing silver-gold Hunter V and Double Standard mineral occurrences acquiredAt the Jackpot Main, a composite 2 m chip sample returned 15.58% Zn, while a separate 2 m composite chip sample collected nearby averaged 8.22% Zn. Surface sampling has now returned good zinc grades over a 2 m minimum width, from a strike length of 100 m at Jackpot Main showing.\"The extent of zinc mineralization that's been outlined on surface on the Jackpot property is truly impressive. We're looking forward to the results from our recent drill program which has tested the continuity of this mineralization at depth,\" commented Linda Caron, VP Exploration for Margaux.The map and Table 1 below shows the new chip samples results from Jackpot Main, as well as previously released surface chip sample results from Jackpot Main, West and Lerwick. The Main Zone was tested by drilling (5 holes, 672.6 m) in Margaux's recent diamond drill program on the Jackpot property (9 holes totaling 1,400 m). All of the samples from the Jackpot drill program have been submitted to the lab for analysis, with results pending.The Company has also received results from surface grab sampling from the Jackpot East showing (31.4% Zn), and from first pass sampling at the Active Creek (0.4% Zn) and Elm Showings (48.2% Zn), located 1 km and 2 km, respectively northeast of the Jackpot East zone, indicating that the mineralization system continues well beyond the Jackpot East showing. Little exploration has been performed historically in the Active Creek area to fully understand its potential.Figure 1: Jackpot Target Composite Rock SamplesTo view an enhanced version of Figure 1, please visit: [http://orders.newsfilecorp.com/files/2958/29212_a1506284650966_72.jpg]Table 1: Jackpot Main Zone Surface Rock Chip...