Business
Central Timmins Exploration Corp. Provides Winter 2019 Program Update and Announces Summer Work Program
Central Timmins Exploration Corp. Provides Winter 2019 Program Update and Announces Summer...
About this update from P2 Gold Inc.
[{"type":"text","content":"\n\n\n\nCentral Timmins Exploration Corp. Provides Winter 2019 Program Update and Announces Summer Work Program\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, June 10, 2019\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./\n TORONTO, June 10, 2019 /CNW/ - Central Timmins Exploration Corp. (\"CTEC\" or the \"Company\") (TSXV: CTEC) is pleased to provide an update of the 2019 winter program and outline the 2019 summer exploration program.\nCTEC has four distinct project areas in the historic Timmins mining camp. The Deloro and Ogden Projects are located on the south side of the Porcupine Destor Fault Zone (PDFZ), while the Mountjoy and 4 Corners Projects are located on the north side of the PDFZ.  CTEC's projects cover areas of Deloro, Ogden, Mountjoy, Godfrey, Robb, Jamieson and Turnbull Townships. Initial 2019 drilling focused primarily on the Mountjoy Project area with 3,510 m drilled in eight holes.  Targets were set based on mobile metal ion (MMI) soil geochemical data and additional ground geophysical surveys (IP, Mag, VLF). See the attached Timmins geology map showing CTEC's land position.\nExploration Highlights\nCTEC has completed eight drill holes since our last results release: One on the Deloro Project and seven on the Mountjoy Project for a total of 3,510 m of drilling. Drill holes G1-19-01, 02 and 03 in southeast Godfrey Township in the Mountjoy Project area each intersecting 50 m to 100 m of porphyry with frequent highly-contorted quartz veining with occasional tourmaline and local fine-grained pyrite. The best assay result was 2.46 g/t Au over 0.70 m hosted in porphyry in DDH G1-19-02. This hole also had 11 other gold intersections that assayed 100 ppb to 300 ppb Au in altered and quartz-veined porphyry. Holes 01 and 03 also had a total of 11 assay intervals grading 100 ppb to 300 ppb Au in altered sections of porphyry.Charles Gryba,...