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Blind Creek Receives NI 43-101 Resource Estimate Technical Report for the Blende Zinc-Lead-Silver Property, Yukon
VANCOUVER, June 5, 2018 /CNW/ - Blind Creek Resources Ltd. (TSX-V: BCK) – ("Blind Creek" or the "Company") reports the Company has recently received and filed a
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[{"type":"text","content":" VANCOUVER, June 5, 2018 /CNW/ - Blind Creek Resources Ltd. (TSX-V: BCK) – (\"Blind Creek\" or the \"Company\") reports the Company has recently received and filed an NI 43-101 Resource Estimate Technical Report, dated May 25, 2018, for the Company's 100% owned Blende Property, Yukon, on www.SEDAR.com. The Technical Report, prepared by Moose Mountain Technical Services (MMTS), an independent mining consulting company, can also be viewed on the Company's website. Furthermore, readers are invited to click here to view an animated 3D virtual tour of the Blende Zn-Pb-Ag Property location, geology and mineral resource, posted on the Company's website. The winter-road accessible Blende Property is situated 64 kilometres northeast of Keno Hill, Yukon, Canada. Blende Deposit Model The Proterozoic Blende Deposit is the largest discovered carbonate-hosted Zn-Pb-Ag deposit in Yukon (M. Robinson and C.I. Godwin, Economic Geology 1995), with features of both Irish-type and clastic-dominated Zn–Pb deposits (M. Moroskat et.al., Mineral Deposita 2014). Blende NI 43-101 Pit Constrained Resource Highlights Indicated Resource –In situ Total Pit Constrained Metal Content159 Million lbs. Zinc 157 Million lbs. Lead4.19 Million oz. Silver Inferred Resource –In situ Total Pit Constrained Metal Content1.461 Billion lbs. Zinc 1.364 Billion lbs. Lead33.98 Million oz. Silver The Blende Project is a potential bulk tonnage, open pit approach that offers some distinct cost advantages to other advanced lead-zinc projects in Canada, which are typically underground. Blende Resource mineralization outcrops at surface, is confined to 2 pit shapes approximately 2 kilometres apart (view map) and remains open in areas northwest, southeast and below the \"reasonable prospects of economic extraction\" open pit shapes within the 8 kilometre-long mineralized corridor, including the outer Far West, Far East and Shanghai discoveries. Blind Creek is positioning to conduct a drill program to extend the mineralization along strike and down-dip (fully permitted) to test these potential open pit extensions. The Base Case Mineral Resource is reported in Table 1. Table 1. Base Case Mineral Resource (at NSR cutoff grade of $CDN39.35 (ZnEq=2%)) Category Cutoff In situ In situ Grades In situ Metal Content ZincEq Tonnage ZincEq Zinc Lead Silver NSR OXRAT...