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Minnova Corp. Wide Interval of High-Grade Gold Mineralization Confirmed in Hole M-20-01

Toronto, Ontario--(Newsfile Corp. - August 10, 2020) -  Minnova Corp. (TSXV: MCI) (OTC Pi...

articleMinnova Corp.August 10, 20205/company/minnova-corp/news/minnova-corp-wide-interval-of-high-grade-gold-mineralization-confirmed-in-hole-m-20-01
Minnova Corp. Wide Interval of High-Grade Gold Mineralization Confirmed in Hole M-20-01

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[{"type":"text","content":"Minnova Corp. Wide Interval of High-Grade Gold Mineralization Confirmed in Hole M-20-01Toronto, Ontario--(Newsfile Corp. - August 10, 2020) -  Minnova Corp. (TSXV: MCI) (OTC Pink: AGRDF) \"Minnova\" or the \"Company\"), a discovery-stage exploration and advanced development-stage gold company focused on the expansion and re-start of our 100% owned PL Gold Mine in central Manitoba is pleased to announce initial positive results from its Summer 2020 PL Mine on-lease exploration and resource expansion drilling program.Highlighted intercepts include;6.33 g/t over 1.00 m5.40 g/t over 1.00 m5.37 g/t over 1.00 m19.20 g/t over 1.00 m (Duplicate - quarter split of above 5.37g/t half split)7.86 g/t over 1.00 mThe purpose of the drilling program was to demonstrate the exploration and resource expansion potential on strike from the PL Gold Deposit.Assay results have now been received for hole M-20-01, the first hole of our Summer 2020 drilling program. See Table 1 for details on assay results received to date. The NI 41-101 compliant PL Deposit resource and reserve estimates are hosted within multiple, stacked shear zones trending northwest-southeast and currently defined in drill core over a strike length of approximately 1 kilometer. The deposit remains open to expansion along strike and down dip. The Summer 2020 PL Mine drilling program was designed to test the on strike exploration and resource expansion and specifically target the shallow, on-strike extension of the gold mineralized structures in an area of multiple surface showing called the PL North Trend (\"PLN\"). See our press release describing new gold showings discovered during summer 2017 field program dated August 24, 2017 at the following link; https://www.newsfilecorp.com/release/28630/Minnova-Corp.-Reports-Additional-High-Grade-Gold-Assays-in-Grab-Samples-Along-Strike-from-the-PL-Mine-Site). Assay results from hole M-20-01 reconcile with the visible gold initially observed in core. See Table 1 below which presents continuous assay results over a core length of 8.0 meters from 102.3 meters to 110.3 meters that defines the new footwall tonalite structure. Based on these initial positive results our geological team re-logged past hole M-17-56, located over 200 meters, along strike, to the northwest of M-20-01 to determine if the footwall tonalite structure was present. M...

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