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Quartz Mountain Releases NI 43-101 Technical Report For Jake Porphyry Copper-Gold Project, BC
Highlights Quartz Mountain has received a National Instrument 43-101 Technical Report from...
About this update from Quartz Mountain Resources Ltd.
[{"type":"text","content":"Quartz Mountain Releases NI 43-101 Technical Report For Jake Porphyry Copper-Gold Project, BCHighlightsQuartz Mountain has received a National Instrument 43-101 Technical Report from C.J. Greig & Associates Ltd. on its Jake Porphyry Copper-Gold-Silver Property located in northwest BC.The Jake Property, as described in the Technical Report, hosts broad areas of alteration and precious and base metals mineralization characteristic of Cu+Au porphyry-type systems, as well as Au-Ag low-sulphidation epithermal type and Ag-rich polymetallic vein systems.Modern airborne magnetic and geological surveying combined with the review of extensive data from historical geochemical, geophysical and drill programs indicate a strong potential for discovery of a major deposit.The Company has received Government approval for Induced Polarization surveys and core drilling.VANCOUVER, BC / ACCESSWIRE / September 7, 2022 / Quartz Mountain Resources Ltd. (\"Quartz Mountain\" or \" the Company\") (TSXV:QZM)(OTC Pink:QZMRF) is pleased to announce receipt of a National Instrument 43-101 Technical Report (the \"Technical Report\") on the Company's Jake Porphyry Copper-Gold-Silver Property (the \"Property\") which is located 160 km north of Smithers, British Columbia (\"BC\") (see Figure 1).The Technical Report, authored by geologist Charles J. Greig, M.Sc, P.Geo., of C.J. Greig & Associates Ltd, describes mineralization in two areas called Jake North and Jake South that are contained within a prominent gossan measuring 3.7 km long by 1.5 km wide (see Figure 2). Within the gossan is a series of north trending Babine monzonite dykes intruding sedimentary rocks. Associated with these dykes is altered and mineralized areas containing porphyry-style disseminated sulphides and quartz-sulphide veins hosting Cu+Au±Mo mineralization. High Ag±Au values have also been intersected in historical drilling and surface samples (see Table 1).At Jake North, historical drilling intersected significant mineralization along a strike length of over 1 km with the most consistent mineralization located at the contact of Babine porphyry dykes and the sedimentary rocks they intrude.The report, titled \"NI 43-101 Technical Report on the Jake Property\" will be posted on the Company's website (www.quartzmountainresources.com).Figure 1: Jake Property Location Project S...