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Minfocus Announces Multiple Grab Samples with High-Grade Zinc Assays from Round Pond Zinc Project in Newfoundland
Not for distribution to U.S. newswire services or for dissemination in the United States. An...
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[{"type":"text","content":"Minfocus Announces Multiple Grab Samples with High-Grade Zinc Assays from Round Pond Zinc Project in NewfoundlandNot for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.TORONTO, ON / ACCESSWIRE / November 7, 2018 / Minfocus Exploration Corp. (TSX-V: MFX) (\"Minfocus\" or \"Company\") is pleased to announce that seven (7) different grab samples, from its initial exploration work program at the Round Pond Zinc Project in Newfoundland, taken from multiple locations have returned assays ranging from 12.8% up to 39.2% combined Zinc+Lead. The seven samples collected and submitted were collected over a nominal distance of 1 km, covering both the historic Round Pond main zone, as well as the Philips Prospect to the southwest of the main Round Pond showing.Analyses of Round Pond Grab SamplesDuring the initial field program at the Round Pond Zinc Project (see October 12, 2018 news release), a total seventeen (17) samples were collected to represent a range of lithologies from which seven (7) mineralized samples (including sample RP02, see photo below) were submitted for multi-element assay. The principal style of mineralization was breccias with cement, weathering proud of exposed surfaces, dominated by granular sphalerite of a pale greyish-green colour. Granular galena and scattered pyrite are uncommon, and were the only other sulphides observed. Sample ID Zinc (%) Lead (%) Sulphur (%) RP01 13.1 0.12 7.17 RP02 35.4 3.81 19.30 RP03 31.9 0.34 16.50 RP05 21.3 0.27 11.30 RP06 20.8 0.21 10.70 RP08 12.7 0.12 6.45 RP17 20.4 0.02 10.70 All analyses were performed by Activation Laboratories Ltd, Ancaster, ON by Na2O2 Fusion-XRF analyses.The Round Pond zinc project is a 1,575-hectare group of claims located on the Great Northern Peninsula of northwest Newfoundland. The region has seen extensive, episodic programs of exploration for zinc since the 1960s. The principal target is Mississippi Valley-Type (MVT) Zn-(Pb-Ag) mineralization, as found at Teck Corporation's former Newfoundland Zinc Mine at Daniel's Harbour, about 150 km to the south. Mineralization appears to be widespread, in rocks of simple mineralogy (dolomite + sphalerite ± calcite ± galena ± pyrite ± quartz ± hydrocarbon ± K-felds...