Connect with us

Precious Metals

Millennial Precious Metals Hits 185.5 Metres Of 1.48 g/t Gold

Millennial Precious Metals Corp (TSXV: MPM) this morning reported strong assay results from a drill program conducted at the firms
The post Millennial…

Published

on

This article was originally published by The Deep Dive

Millennial Precious Metals Corp (TSXV: MPM) this morning reported strong assay results from a drill program conducted at the firms Mountain View project in Nevada. The firm conducted a phase 1 drill program at the property, which intersected significant gold mineralization.

The phase one drill program conducted by the firm saw a total of 27 drill holes across a total of 7,200 metres in aggregate. Referred to as a resource conversion and exploration program, the program placed an emphasis on expanding the current pit size under the current resource model, while also enhancing confidence in the current resource.

Highlights from the most recent results include:

  • MVCD-0024: 1.48 g/t gold over 185.5 metres, including 3.99 g/t gold over 36.9 metres and 2.60 g/t gold over 29.6 metres
  • MVCD-0025: 0.42 g/t gold over 19.8 metres

Additional highlights from the entire program include:

  • MVCD-0004: 1.73 g/t gold over 128.3 metres
  • MVCD-0012: 0.17 g/t gold over 213.1 metres
  • MVCD-0015: 0.49 g/t gold over 275.5 metres
  • MVCD-0016A: 0.91 g/t gold over 232.5 metres
  • MVCD-0021: 0.46 g/t gold over 189.0 metres

Of the two holes released today, the first, MVCD-0024, consisted of a step-out drill hole, resulting in the company extending the breccia body by roughly 100 metres to the northwest. True width of this body currently is unknown, with grades improving to the northwest.

“With ~185m at ~1.5 g/t Au, MVCD-0024 represents one of our best drill results to date and demonstrates the excellent grade continuity of high-quality mineralization at Mountain View. This hole confirms the high-grade breccia discovery and opens the deposit for future expansion to the northwest,” commented CEO Jason Kosec.

Millennial Precious Metals last traded at $0.48 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

The post Millennial Precious Metals Hits 185.5 Metres Of 1.48 g/t Gold appeared first on the deep dive.


tsxv
tsx venture

precious metals

Author: Jay Lutz

Uncategorized

Slow-Motion Crash Drags Futures Below 3,900; Yields, Cryptos Tumble

Slow-Motion Crash Drags Futures Below 3,900; Yields, Cryptos Tumble

The relentless slow-motion crash sparked by the Biden Fed (which is hoping…

Continue Reading
Precious Metals

Daily market commentary: The US dollar strengthening continues, following the release of US inflation data

Gold Gold prices are hedging down as the US dollar hit a high not seen since 2002, keeping the precious metal under pressure due to its inverted correlation…

Continue Reading
Precious Metals

The Secret Cellar: You look like you could do with a bottle or 12 of fine wine – at half-price

If you thought being a Stockhead was all about picking the best stocks, well… you’re right. But we also help … Read More
The post The Secret Cellar:…

Continue Reading

Trending