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EDM Provides Exploration Update and Plans for Its Eastville Prospect in Eastern Nova Scotia
Halifax, Nova Scotia--(Newsfile Corp. - March 4, 2024) - EDM Resources Inc. (TSXV: EDM) (" EDM ...
About this update from Edm Resources Inc
[{"type":"text","content":"EDM Provides Exploration Update and Plans for Its Eastville Prospect in Eastern Nova ScotiaHalifax, Nova Scotia--(Newsfile Corp. - March 4, 2024) - EDM Resources Inc. (TSXV: EDM) (\"EDM\" or the \"Company\") is pleased to provide the following update on the Company's current exploration activities at its Eastville base metals prospect in eastern Nova Scotia, Canada. The group of licenses within its Eastville prospect (collectively herein referred to as the \"Eastville Prospect\") is comprised of 18 contiguous claims and is strategically located approximately 50 kilometres from the Company's flagship Scotia Mine property. Resourceful Geoscience Solutions Inc. (\"RGS\") of Halifax, Nova Scotia, Canada recently completed a program to relog 16 historical diamond drill holes located across the Company's claims, totalling 2,276m. This data, along with newly digitized historical assay certificates, were used to create mineralization and lithology models of the Eastville Prospect, as well as evaluate the potential opportunity for further drilling in the area. KEY HIGHLIGHTS:Identified several correlated zones of Lead (Pb) and Zinc (Zn) mineralization from historical Eastville drillholes and that some of these zones remain open in multiple directions.Compilation of historical assay certificates has revealed historical intersections of 1.08% Pb+Zn over 66.5 metres from hole 224-23 and 1.45% Pb+Zn over 30.94 metres (m) from hole 224-7. New 3D mineralization and lithological models were created, based on relogging and historical data, to give new insights into the prospect and enhance the efficacy of exploration planning.Based on the positive results, there is opportunity for further expansion of the defined mineralization with additional drilling of up to 2,650 m.\"Given its strategic proximity to the Scotia Mine, we are excited about the exploration potential at the Eastville Prospect. The length of mineralization and the grades in holes 224-23 and 224-7, are consistent with the mineralization exposed in bedrock present in the river that cuts through the property,\" said Mr. Mark Haywood, President & CEO. \"Advancing the exploration activities around the Scotia Mine deposit and those within close proximity, will continue to provide exploration upside with the potential to expand the Company's Mineral Resource base.\"LAND PACKAGE OVERV...