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InvestmentPitch Media Video Discusses New Destiny Mining's Exclusivity Agreement for Expanding and Consolidating the Treasure Mountain Lead-Zinc-Silver Property in BC - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - July 4, 2018) - New Destiny Mining (TSXV: NED) ...
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[{"type":"text","content":"InvestmentPitch Media Video Discusses New Destiny Mining's Exclusivity Agreement for Expanding and Consolidating the Treasure Mountain Lead-Zinc-Silver Property in BC - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - July 4, 2018) - New Destiny Mining (TSXV: NED) has entered into an exclusivity agreement giving the company the opportunity to consolidate a major land position surrounding the Treasure Mountain past producer owned by Nicola Mining. The exclusivity agreement, with an arm's length private party, allows 30 days for New Destiny to conduct due diligence on certain minerals claims with a view to negotiating the terms of a letter of intent and, if applicable, a definitive agreement to complete the acquisition of the claims.InvestmentPitch Media has produced a \"video\" which discusses the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"New Destiny\" in the search box.Cannot view this video? Visit:http://www.investmentpitch.com/video/0_glxrykf4/New-Destiny-Mining-TSXVNED-entered-into-an-exclusivity-agreement-on-Treasure-Mountain-WestNew Destiny's Treasure Mountain Silver Property, located near Tulameen, approximately 30 kilometres east/northeast of Hope, British Columbia, covers 10,700 hectares.With the exception of the Nicola Mining Property, which is the site of the historic Treasure Mountain Silver-Lead-Zinc mine, New Destiny would be in a position to control the entire Treasure Mountain camp. The exclusivity property contains seven known lead-zinc-silver, plus or minus copper, gold and antimony mineral occurrences including three polymetallic vein occurrences, the Indiana, Summit and Morning Star veins, with reported high-grade lead, zinc and silver. The polymetallic Summit Vein, located west of Treasure Mountain, exhibits the most significant potential. Numerous historic (1988) samples along an approximate 315 meter long trench at this vein were reported to return high grade silver, lead and zinc.Reported highlights of the 1988 channel sampling of the Summit Vein include 2,538 grams per tonne silver, 38.2% lead, and 3.1% zinc over 1.78 meters; and 2,196 grams per tonne silver, 45.3% lead and 7.5% zinc over 1.20 meters. Given the strike and grade, the Summit zone provides a drill ready target. The Indiana Fault is reported to pass through the a...