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Eagle Plains Completes Summer Drilling Program at Vulcan Critical Metals Project, Southeast BC
CRANBROOK, BC / ACCESSWIRE / August 15, 2023 / Eagle Plains Resources Ltd. (TSXV:EPL) ("EPL" or ...
About this update from Eagle Plains Resources Ltd.
[{"type":"text","content":"Eagle Plains Completes Summer Drilling Program at Vulcan Critical Metals Project, Southeast BCCRANBROOK, BC / ACCESSWIRE / August 15, 2023 / Eagle Plains Resources Ltd. (TSXV:EPL) (\"EPL\" or \"Eagle Plains\" or the \"Company\") is pleased to report that diamond drilling activity has been completed at the Vulcan Project located 30km west of Kimberley, BC. Critical metal mineralization and sedimentary-exhalative (\"sedex\") style alteration was intercepted in all completed holes over significant widths and over a broad area, though not in economic concentrations. Observation of geological features in all holes suggest that a robust mineralized vent source was active in the area. The Vulcan property is owned 100% by Eagle Plains and has no underlying royalties or encumbrances.Since the current program commenced in mid-June, a total of 4,256m (13,963') in six holes have been completed. The program started with the deepening of Drill-hole VU22004 (drilled in 2022) by 231.8m. The next four holes were collared from the same drill pad as VU22004, with the final two holes collared from another drill pad located approximately 470m to the northwest, one of which (VU23005) was abandoned at 39.6m. Borehole electromagnetic (\"BHEM\") surveys were successfully completed on 3 holes (VU23003, VU23004, VU23006), with results pending. Geophysical work was carried out by SJ Geophysics Ltd. (Delta, BC) utilizing their Volterra Borehole Acquisition System.Geological interpretation based on current drilling and geological mapping has resulted in the recognition of a separate distinct mineralizing event named the Vulcan Horizon, located at least 146m (467') stratigraphically below the Hilo Horizon. Exploration this season has also helped to better delineate the Hilo Horizon, which has been the focus of historic work on the property. The Hilo Horizon, as defined in drillhole intercepts and outcrop, occurs near the Lower-Middle Aldridge contact (\"LMC\"), the same time-stratigraphic horizon associated with the Sullivan deposit, located 30km east of Vulcan. Eagle Plains' 2022 and 2023 Vulcan drilling intercepted a thick package of variably mineralized and altered fragmental rocks beneath the Hilo Horizon, stratigraphically below any of the historical drill testing in the West Basin area of the Vulcan Property. Mineralization within the fragmental unit ca...