Chimata Gold Corp. Completes Planned Drilling Activities and Announces Initial Li2O Assays at Kamativi Tailings Lithium Proje...
28 August 2018 - 10:00PM
via NEWMEDIAWIRE -- Canadian strategic metals company
Chimata Gold Corp. (CSE: CAT)
(
“Chimata” or the
“Company”) is
pleased to announce the completion of its drilling program and
release of Li2O assay results and it is on track to complete a
maiden NI 43-10 Resource Statement at its Kamativi Tailings Lithium
Project in Zimbabwe.
High grade Li2O intercepts include:
· Hole KT 99: Length
15.00m @ 1.07%
Li2O
· Hole KT 98A: Length 21.70m @
0.94% Li2O
· Hole KT 108: Length 14.30m @
0.91% Li2O
· Hole KT 101: Length 24.00m @
0.89% Li2O
· Hole KT 108A: Length 23.46m @ 0.87%
Li2O
· Hole KT 101A: Length 28.50m @ 0.87%
Li2O
· Hole KT 107: Length 17.40m @
0.86% Li2O
· Hole KT 99A: Length 31.50m @ 0.86%
Li2O
Resource Drilling Program
The Company is pleased to announce the completion of its initial
drilling program at the Kamativi Tailings Lithium Project (the
“Project”). The drilling program comprised a total
of 114 holes nominally spaced on a 100 x 100m grid pattern drilled
vertically through the historic surface tailings facility at the
dormant Kamativi Tin Mine, Kamativi, Zimbabwe. The total meters
drilled during this program amounted to 1,865m. The results
of the individual hole depths declared, reinforce the Company’s
belief and expectation of volume of tailings contained at the
tailings storage facility. For details of hole depth refer to Table
1 found in Appendix B.
The Company collected samples for assay throughout the drill
campaign. A total of 1,261 samples were taken during the program.
The Company is pleased to announce that all assays have been
exported to SGS South Africa (Pty) Ltd. All assaying and laboratory
analysis has been completed and full intersections with results to
date are provided in Table 2 of Appendix C.
(...more)
To Read The Entire News Release Please Follow This Link
Below
http://chimatagoldcorp.com/chimata-gold-corp-completes-planned-drilling-activities-and-announces-initial-li2o-assays-at-kamativi-tailings-lithium-project/
Steve Cozine 604-674-3145 steve.cozine@chimatagoldcorp.com
Chimata Gold Corp. (TSXV:CAT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Chimata Gold Corp. (TSXV:CAT)
Historical Stock Chart
From Sep 2023 to Sep 2024