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Minnova Corp. Reports Additional High Grade Gold Assays in Grab Samples Along Strike from the PL Mine Site
Toronto, Ontario--(Newsfile Corp. - August 24, 2017) - Minnova Corp. (TSXV: MCI) (OTC: AGRDF) ...
About this update from Minnova Corp.
[{"type":"text","content":"Minnova Corp. Reports Additional High Grade Gold Assays in Grab Samples Along Strike from the PL Mine SiteToronto, Ontario--(Newsfile Corp. - August 24, 2017) - Minnova Corp. (TSXV: MCI) (OTC: AGRDF) \"Minnova\" or the \"Company\"), an advanced-stage mining exploration and gold development company focused on the advancement and re-start of our 100% owned PL Gold Mine in central Manitoba is pleased to announce additional surface grab sample assay results from its summer field program at the PL Mine site. As previously disclosed (see August 14, 2017 press release) prospecting and geological mapping along VTEM conductors and magnetic lineaments along strike of the PL Deposit identified two new gold showings, the PL North and J Showings. Additional assays have now been received from the PL North Showing extending surface mineralization by over 100m to the southeast towards the current northern limits of the PL Deposit. The PL North showing is comprised of a network of 30-40 cm thick quartz veins hosted within a series of Amisk Group gneisses. The paragneiss succession is underlain by tonalite gneiss that also forms the footwall of the PL Deposit. Where exposed, quartz veining and mineralization at the PL North Showing can now be traced over a strike length of approximately 230m. Initial mapping at the PL North Showing indicates the structural style of the quartz veins, mineralisation, and stratigraphy is comparable to the PL Deposit. The PL North Showing was not previously identified and has never been drill tested.In addition to the PL style vein mineralisation two new previously unrecognized styles of gold mineralisation where encountered. The first new style of mineraization is characterized by disseminated fine-grain arsenopyrite and gold mineralisation hosted in a greywacke paragneiss with grab samples E00016992 grading 3.83 g/t, 16993 grading 5.04 g/t and 16994 grading 5.87 g/t in a mapable unit measuring approximately 23m thick. See Notes to assay results table on page 2 for additional disclosure related to these surface grab samples. The second style of mineralization is gold associated with disseminated aresenopyrite in the footwall tonalite gneiss located approximately 100 meters west of the PL North Showing. Field work is ongoing to further define and expand these mineralized occurrences.Gorden Glenn, CEO commented, \"Add...