Business
Drilling Commences at Eagle Plains' 100%-Owned Vulcan Critical Metals Project, Southeastern BC
CRANBROOK, BC / ACCESSWIRE / June 15, 2023 / Eagle Plains Resources Ltd. (TSXV:EPL) ("EPL" or "E...
About this update from Eagle Plains Resources Ltd.
[{"type":"text","content":"Drilling Commences at Eagle Plains' 100%-Owned Vulcan Critical Metals Project, Southeastern BCCRANBROOK, BC / ACCESSWIRE / June 15, 2023 / Eagle Plains Resources Ltd. (TSXV:EPL) (\"EPL\" or \"Eagle Plains\") is pleased to report that diamond drilling activity is underway at the Vulcan Project, located 30km west of Kimberley, BC. The planned program will include a minimum of 3,000m (9,842') of diamond drilling in 4-5 holes at the Hilo & West Basin Zones, following up on encouraging results obtained during 2022 drilling (details following).Vulcan consists of 12,400ha located 30km west of the world-class Sullivan sedimentary exhalative (\"sedex\") critical metals deposit near Kimberley, BC and is accessible by an extensive network of well-maintained forest service roads. Encouraging results from the 2022 drill program were announced previously by Eagle Plains (see news releases December 7th, 2022 and January 18, 2023). Initial observations of core lithologies, mineralogy, alteration and mineralization from VU22004 suggest proximity to a sedex-type vent source near the trace of drill-hole VU22004. The 2023 program is designed to extend the mineralized horizons by completing systematic step-out drilling that will include testing of a prominent off-hole borehole electromagnetic (\"BHEM\") anomaly delineated in late 2022. Drilling is expected to further define stratabound Pb-Zn-Ag mineralization and vector towards a suspected source vent complex such as that found at the now-depleted Sullivan deposit. Eagle Plains management cautions that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the Vulcan property.View 2023 Vulcan drill plan map here2022 Drilling Highlights:Drillhole VU22004 intersected primary bedded sulphides (sphalerite-galena), as well as textures, mineral assemblages, garnets and alteration (tourmalinite, sericite) - all indicative of proximity to an exhalative (sedex) source BHEM outlined a strong conductivity anomaly along strike to the south-southeast of VU22004 at depths consistent with the mineralized interval Previously reported analytical results for VU22004 include:11.55m @ 0.46% Zn, 0.02% Pb, 21.48 ppm Cd, 90.65 ppm Sn (545.50-557.05m), including1.50m @1.72% Zn, 68.83 ppm Cd, 32.09 ppm Sn (554.58-556.08m), including0.22m @ 6.46% Zn, 259.00 ppm...