Business
Metallic Minerals Announces High-Grade Silver Samples and 3D Modelling at its West Keno Targets on the Keno Silver Project including Formo, Silver Queen and Duncan Creek
VANCOUVER, BC / ACCESSWIRE / May 26, 2020 / Metallic Minerals Corp. (TSX-V:MMG)(OTC PINK:MMNG...
About this update from Metallic Minerals Corp.
[{"type":"text","content":"Metallic Minerals Announces High-Grade Silver Samples and 3D Modelling at its West Keno Targets on the Keno Silver Project including Formo, Silver Queen and Duncan CreekVANCOUVER, BC / ACCESSWIRE / May 26, 2020 / Metallic Minerals Corp. (TSX-V:MMG)(OTC PINK:MMNGF) (\"Metallic Minerals\", \"Metallic\" or \"The Company\") is pleased to report on exploration results and ongoing 3D modelling at the West Keno targets on its 100%-owned, 166 square kilometer Keno Silver project within the Yukon's high-grade Keno Hill silver district. These results focus on Keno Hill style high-grade silver-lead-zinc mineralization at the Formo, Silver Queen and Duncan Creek priority target areas. Future news releases covering the Keno Silver project will report results from sampling and on-going modelling work on the Central and East Keno target areas, which host additional priority exploration targets, that along with Keno West will be the focus of the next phases of drilling.Metallic Minerals' Keno Silver property is the second largest land position in the historic Keno Hill silver district directly adjoining the operations of Alexco Resources. The Keno Hill silver district is one of the world's highest-grade silver districts, with nearly 300 million ounces (\"Moz\") of silver in past production and current M&I resources1,2, and excellent existing infrastructure, including grid power, road access and nearby community services.Highlights from West Keno include:Underground channel samples from the Formo target area show three high-grade mineralized shoots grading more than 1,000 g/t silver equivalent (Ag Eq) grade that remain open to expansion (See figure below).Grades from the main Formo deposit returned an average of 7,459 g/t Ag Eq over 45 m lateral width on the 2800 level, 33 m lateral width grading 1,795 Ag Eq on the 2700 level and 44 m lateral width grading 2,258 Ag Eq on the 2600 level with mineralization open to expansion (see Table 1 below).Identification of two adjacent high-grade mineralized shoots in underground sampling at Formo on the 2600 level that are open to expansion laterally and to depth.Definition of two new untested surface target zones have also been identified along the main Formo structure.Refinement of two priority drill targets at the Silver Queen target area down dip of Alexco Resources' high-grade Silver King deposit a...