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Power Ore Releases Independent Exploration Target Studies on Springer and Perry Mines
Power Ore Releases Independent Exploration Target Studies on Springer and Perry Mines ...
About this update from Xxix Metal Corp.
[{"type":"text","content":"\n\n\n\nPower Ore Releases Independent Exploration Target Studies on Springer and Perry Mines\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\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, March 20, 2019\n\n\n\nTORONTO, March 20, 2019 /CNW/ - PowerOre Inc. (\"Power Ore\" or the \"Company\") (TSX.V: PORE) is pleased to announce that it has posted the results of both studies performed by Roscoe Postle Associates (\"RPA\") on the Springer and Perry mines dated 2013 and 2014, respectively. These studies had been in the private domain and culminated in two reports that contain exploration targets for each mine as follows:\nAt Springer, a near surface target of between 14.5 to 30 million tonnes grading 1.0% - 1.4% copper and 0.41 gpt – 0.69 gpt gold; At Perry, an underground target between 2.7 to 10 million tonnes grading 1.5% - 2.5% copper and a near surface target of between 0.4 and 1.3 million tonnes grading 1.0% - 1.5% copper.The potential tonnage and grade of these targets are conceptual in nature. There has been insufficient exploration to define them as mineral resources and it is uncertain if further exploration will result in the targets being delineated as mineral resources. Power Ore only considers these targets to be an indication of the presence of mineralization on the property and of the potential of the property to host an economic deposit at this time. Power Ore advises that no one should consider these targets as mineral resources.\nThere has been significant work done on the property since the publication of the RPA reports, including our recent announcement of the presence of disseminated copper mineralization at Opemiska, which had previously not been reported. Power Ore is currently validating all work completed in the 2013-2014 RPA reports, resolving deficiencies in the dataset outlined by RPA as well as updating the drilling database to include all work since publication, including the results of the 2015 and 2016 diamond drilling programs as well as trenching and geophysical surveys. Online copies of the reports are available here:\nLink to Springer Report from 20...