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Boreal Metals Starts Drilling Historic Zinc/Copper/Silver/Gold Gumsberg License in Sweden - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2017) - Boreal Metals (TSXV: BMX) (...
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[{"type":"text","content":"Boreal Metals Starts Drilling Historic Zinc/Copper/Silver/Gold Gumsberg License in Sweden - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - December 4, 2017) - Boreal Metals (TSXV: BMX) (TSXV: BMX.WT) has started drilling at its 100% owned Gumsberg license in Sweden. Boreal Metals, which began trading on the TSX Venture Exchange on November 21st, is focused on the discovery of Zinc, Copper, Silver and Gold deposits in four exceptional, historic mining project areas spanning Sweden and Norway.InvestmentPitch Media has produced a \"video news alert\" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Boreal\" in the search box. Cannot view this video? Visit:http://www.investmentpitch.com/video/0_0ylzpjes/Boreal-Metals-TSXVBMX-Started-drilling-at-its-100-owned-Gumsberg-license-in-SwedenThe strategically situated Gumsberg project consists of six exploration licenses in the Bergslagen Mining District of southern Sweden totaling over 18,300 hectares, where multiple zones of VMS style mineralization occur. The VMS mineralization at Gumsberg was mined from the 13th century through the early 1900s, with over 30 historic mines present on the property, most notably the Östrasilvberg mine which was the largest silver mine in Sweden between 1250 and 1590. Despite its lengthy production history, relatively little modern exploration has taken place on the project. Boreal plans to conduct 2,500 meters of diamond drilling across three prospective high grade VMS mineral trends including Östrasilvberg, Vallberget-Loberget and Gumsgruvan. Each of these silver-zinc-lead trends contain historical drilling from the 1930s and 1970s and mining activities that can be traced to medieval times. According to a Boliden annual report, Garpenberg has a proven resource of 19.7 million tonnes of 99 grams per tonne silver, 0.3 grams per tonne gold, 0.04% copper, 1.6% lead, and 3.8% zinc, and a probable resource of 56.7 million tonnes of 96 grams per tonne silver, 0.3 grams per tonne gold, 0.05% copper, 1.4% lead, and 2.9% zinc.Approximately 28 to 35 million tonnes of ore were produced from the Falun Mine at grades ranging between 0.5 to 5% zinc, 0.1 to 1.7% lead, 0.7 to 4% copper, 13 to 35 grams per tonne silver, and 0.5 to 4 grams per tonne g...