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Discovery-Corp Files Updated 43-101 Technical Report on Galaxy Project
Discovery-Corp Files Updated 43-101 Technical Report on Galaxy Project Vancouver, British Co...
About this update from Discovery-corp Enterprises Inc.
[{"type":"text","content":"Discovery-Corp Files Updated 43-101 Technical Report on Galaxy ProjectDiscovery-Corp Files Updated 43-101 Technical Report on Galaxy Project\nVancouver, British Columbia CANADA, October 28, 2013 /FSC/ - Discovery-Corp Enterprises Inc. (DCY - TSX Venture), (the \"Company\") has filed an updated 43-101 Technical Report on its Galaxy Project. It is available for viewing on SEDAR and the Company's website www.discovery-corp.com. This Technical Report supports the Company's September 27, 2013 news release stating the Company does not have a mineral resource or preliminary economic assessment on the Galaxy Project. The Company owns 100% of the Galaxy Property located near the New Afton Mine and the Ajax Deposit in Kamloops, B.C., Canada.\nHighlights from the Technical Report:\n* Since the Company acquired the Galaxy property in 1990, there has been 649.22 m of reverse circulation drilling (1990) and 4,678.67 m of diamond drilling (1996, 2006 & 2012) completed. This brings the total metres drilled on the Galaxy property to 17,289.89 metres.\n* The main area of mineralization on the property is the Galaxy deposit, situated on the Evening Star and Golden Star Crown Grants. The Galaxy deposit is an elongate, northwest-trending fault-bounded zone of copper-gold mineralization approximately 600 metres in length by 120 metres in width.  \n* Selected significant drill hole intercepts from the 2012 drilling and announced in a November 26, 2012 news release are in table below\n-***-\n======== ======================== =============================================\n Hole         Interval (m)                           Results\n-------- ------------------------ ---------------------------------------------\n--------\n           From      To   Length   Cu (%)     Au (ppm)      Ag (ppm)   Pd (ppm)\n-------- ------- ------- -------- ------- ------------ -------------- ---------\nGX12-04   42.62   76.25    33.63    0.46      &...