Midlands Minerals Announces the Parlozi Zinc-Lead-Silver Project and Commences Phase 1 Exploration Program
2014年4月30日 - 5:12AM
Marketwired Canada
Midlands Minerals Corporation ("Midlands" or the "Company") (TSX VENTURE:MEX)
announces the Parlozi project in Serbia which the Company has optioned from
Reservoir Minerals ("Reservoir") (TSX VENTURE:RMC). Midlands further announces
the strategic objectives of the first phase of the exploration and drill program
to commence in May, 2014.
Summary
-- The 91 square kilometer Parlozi exploration permit covers an extensive
area of ancient mining that has received limited modern exploration.
-- Midlands details a five month exploration program and budget in
fulfillment of the $500,000 minimum spend commitment.
-- The Phase 1 exploration is designed to: (a) test two out of six targets
on the license and look for high-grade, silver-rich, zinc-lead veins and
larger mineralized replacement zones in carbonate rocks including an
area with a historic resource; (b) further validate the historic
resource; and, (c) identify additional targets for drill testing of
Phase 2 of exploration.
-- Midlands currently has $2.8 million in the treasury.
Craig Pearman, President and CEO stated: "After an extensive vetting and due
diligence process on numerous projects, we believe the Parlozi project offers
exceptional value for our shareholders and are eager to start Phase 1 of the
exploration program with our partner Reservoir. Our exploration and drill
program has the objectives of validating the results of the historic resource,
refining our exploration focus for Phase 2 and verifying new target areas in
what we believe could be a district scale zinc-lead-silver opportunity".
Introduction
The 91 square kilometre Parlozi project is located 35 road kilometres south of
Belgrade, the capital of Serbia (Figure 1).
The Parlozi permit covers multiple occurrences of historic zinc-lead-silver
mining in the Kosmaj-Babe area of the Sumadija mining district in central
Serbia. The intensity of the historical mining activity is evidenced by the
presence of five thousand collapsed mining shafts over an area of 5 square
kilometres and extensive lead and silver slag dumps estimated at 1,000,000 tons.
Limited renewed activity between 1889 and 1939 included the development of 14
adits, four shallow shafts and two short declines at the six known target
prospects being Parlozi, Plandiste, Kukac, Maxim and Gomilica in the south of
the permit, and Ljuta Strana in the north (Figures 2 and 3).
Mineralization
The mineralization comprises silver-bearing vein and replacement-type lead-zinc
sulphides hosted by carbonate sedimentary rocks and associated with intrusive
Tertiary quartz latite dykes and volcanic breccias. Midlands has recognised that
the apparent width of drill intercepts can be wider than 15 metres in areas
where replacement and vein-style mineralization coexist. This type of
mineralization has long supported lead-zinc-silver mining operations in the
region. The Trepca mining complex, centered 200 kilometres to the south, shares
geological similarities with Parlozi and produced over 34 million tonnes
averaging 6% lead, 4% zinc and 75 g/t silver between 1931 to 1998 (Serbia
Ministry of Mining & Energy, 2002; Figure 1).
Historical Resource Estimate
Between the 1960s and 1990, exploration on the Parlozi permit was undertaken by
various state agencies of the former Yugoslavia. Amongst various reconnaissance
activities, this work included 36 drill holes for 15,105 metres. In 1986, a
resource estimate at the Parlozi prospect based on ten of the drill holes
(totaling 4507.8 metres) is reported in a report by Radulovic titled
"Geological-economic evaluation of ore bearing structure Parlozi in Babe deposit
on the level of prospecting exploration" (unpublished report from Serbian
Ministry of Mines and Energy). The historical resource estimate is based on five
mineralized horizons along a strike length of approximately 450 metres and
between 200 and 500 metres below surface. This historical resource classified as
C1 plus C2 resources in accordance with the Yugoslav reporting system, is
estimated to contain 6.5 million tonnes at an average grade of 4.1% lead, 2.1%
zinc, 0.3% copper and 130 g/t silver. This historical resource estimate was not
estimated under the guidance of National Instrument (NI) 43-101 and does not
meet the CIM definition standard. A qualified person as defined by NI 43-101 has
not undertaken sufficient work to classify these figures as mineral resources or
mineral reserves, and Midlands is not treating them as current mineral resources
or mineral reserves. Investors are further cautioned that a qualified person has
not yet completed, on behalf of Midlands, sufficient work to be able to verify
the historical resource estimate, and therefore they should not be relied upon.
The historical resource estimate is only considered as relevant as a guide to
future exploration. There has been no mineral processing or metallurgical
testing by Reservoir on the permit.
Assay results used by Radulovic in the 1986 historic resource estimate were
retrieved from the original drill logs. As no historic core is available to
verify the assay intervals and grades, the historic assays should not be relied
upon and are only considered relevant as guides to future exploration. A
selection of significant composite intercepts is listed in Table 1 below.
----------------------------------------------------------------------------
HoleID From To Interval Pb % Zn % Cu % Ag g/t Au g/t
----------------------------------------------------------------------------
BK-04 166.70 177.00 10.30 7.22 0.42 0.16 NA NA
BK-10 388.00 395.00 7.00 12.40 1.64 0.05 160.00 NA
BK-12 394.00 397.00 3.00 9.86 1.66 0.41 NA NA
BK-13 240.50 242.90 2.40 14.23 0.96 0.08 NA NA
BK-14 197.50 201.00 3.50 2.59 1.08 0.56 56.40 2.17
BK-14 345.50 350.70 5.20 7.84 1.94 0.55 261.00 0.20
BK-14 416.00 431.10 15.10 8.69 1.12 0.19 317.00 0.26
BK-14 483.20 500.30 17.10 7.58 0.87 0.18 256.00 0.28
BK-15 71.00 79.20 8.20 1.00 0.10 0.08 160.00 NA
BK-15 449.50 450.50 1.00 23.08 4.00 0.09 NA NA
BK-21 313.00 316.00 3.00 8.40 11.40 0.45 268.00 NA
BK-21 384.50 401.80 17.30 2.43 3.86 0.31 66.55 NA
BK-22 168.00 171.00 3.00 11.90 3.10 0.09 67.40 NA
BK-22 190.00 202.50 12.50 1.81 2.34 0.08 28.37 NA
----------------------------------------------------------------------------
Table 1: Highlights of historic drill intercepts at Parlozi.
Notes: These historic assays should not be relied upon and are only considered
as relevant as guides to future exploration. Drill intervals are apparent
thicknesses. True thicknesses have not yet been established, but will generally
be less.
Validation
In 2008, Reservoir drilled a validation drill hole of 600 metres depth (drill
hole PA-1), which yielded the following significant base metal, silver and gold
intercepts (Table 2):
----------------------------------------------------------------------------
HoleID From To Interval Pb % Zn % Cu % Ag g/t Au g/t
----------------------------------------------------------------------------
PA-1 121.60 127.75 6.15 0.08 0.08 0.08 4.96 2.81
PA-1 195.30 199.30 4.00 8.13 2.20 0.18 401.50 0.23
PA-1 247.30 249.40 2.10 15.80 2.19 0.72 386.19 0.20
PA-1 337.60 341.00 3.40 1.95 0.18 1.10 305.50 0.19
PA-1 424.00 426.00 2.00 4.69 1.90 0.53 490.28 0.10
----------------------------------------------------------------------------
Table 2: Highlights of intercepts in drill hole PA-1 at Parlozi.
Note: Drill intervals are apparent thicknesses. True thicknesses have not yet
been established, but will generally be less.
A comprehensive list of drill intercepts for the Parlozi project is presented as
Table 3 and most of the corresponding drill collars can be located in Figure 4.
The drill intercepts represent both high-grade narrow vein intercepts and wider
intervals comprising both high-grade veins and lower grade replacement
mineralization.
Phase 1 Exploration Program
The Phase 1 exploration program is a five month 'proof-of-concept' work program
which primarily aims to:
-- extend the validation of the historic resource and the presence of both
vein and carbonate replacement mineralization over wide intervals at the
Parlozi prospect (planned drill hole PPA-1),
-- test the extrapolation from depth towards surface of the historic
resource at the Parlozi prospect (planned drill hole PPA-2),
-- test the geometry and tenor of mineralization beneath the underground
workings at the Plandiste prospect (planned drill holes PL-1b and PL-5).
At the Parlozi prospect a 600 metre deep diamond drill hole is planned to
validate the historic intercepts of drill hole BK-15 (planned drill hole PPA-1
in Figure 5). This proposed hole is located approximately 100 metres south of
Reservoir's drill hole PA-1 and will extend the validation of the historic
resource by this distance along strike. Importantly, PPA-1 will also establish
the gold and silver content in this area as BK-15 was scarcely assayed for
precious metals (Table 3).
A ground geophysical orientation program, comprising magnetic and gravity test
work and reprocessing of existing Induced Polarization (IP) data, will be
undertaken on the Parlozi prospect. Using this data, two diamond drill holes are
planned to test the extrapolation of the historic resource towards the surface
mine pits for a total of 400 to 450 metres (e.g. planned hole PPA-2 in Figure
5).
At the Plandiste prospect the evidence for ancient mining is even more extensive
than at the Parlozi prospect (Figures 3 and 6). A composite cross-section by the
Serbian Geo Institute (1979) indicates the presence of thin, stacked vein-type
lead-zinc mineralization (Figure 7). Historic underground drill results include
2.4% lead over 1.3 metres; 1.6% lead and 0.3% zinc over 2.0 metres, or 11.7%
lead and 0.5% zinc over 0.4 metres. Since silver was not analyzed, and in view
of the fact that these assays cannot be duplicated nor relied upon, Reservoir
completed recently the rehabilitation of a part of an underground adit in which
they undertook grab and channel sampling. Assay results from this sampling are
currently being processed. Two diamond drill holes for a total of 450 to 500m
(drill holes PL-1b and PL-5) are planned to cut the dip extensions of the veins
from the historic mine stopes (Figure 7).
Drill access permission has been obtained for the deep drilling at the Parlozi
prospect and at the Plandiste prospect. Access permits for the shallow drilling
at the Parlozi prospect will be applied for pursuant to the results of the
geophysical surveys and the final optimization of those drill sites. The
geophysical program will commence in early May and drilling is scheduled to
begin in late May. The Phase 1 exploration program will be completed by cultural
and other routine base line surveys and reconnaissance of four additional
zinc-lead-silver occurrences on the Parlozi permit including the Ljuta Strana
prospect in the north of the license.
The Ljuta Strana prospect, at the northern end of the Parlozi permit, exhibits
slag and gossanous float on the access track to the historic workings that
extends over a distance of at least 700 metres. Historic documentation is very
limited. Preliminary grab sampling of the dump material by Reservoir returned
five samples above 10% lead + zinc, and 300 g/t silver, as well as 8 samples
exceeding 1 g/t gold. Mineralized float samples include breccias cemented with
galena-pyrite and vuggy, argillic altered porphyritic quartz latite indicative
of epithermal mineralization style.
Additional information is found on SEDAR (www.sedar.com), in the updated NI
43-101-compliant Independent Technical Report on the Parlozi property filed on
April 24, 2014. Dr. Dominique Fournier, EurGeol, a "Qualified Person" as defined
by National Instrument 43-101, has reviewed and approved the technical
information and data included in this press release.
Parlozi Project Option Agreement
Midlands has an option agreement with Reservoir to earn up to a 75% interest in
Reservoir's Parlozi zinc-lead-silver project in Serbia. The Option Agreement
provides that Midlands can earn an initial 51% interest in the project by
spending $4.5 million on exploration over four years. A minimum spend of
$500,000 before September 30, 2014, including reimbursement of exploration
expenditures on the project by Reservoir since June 6th, 2013 and 1,500 meters
of drilling, are firm commitments.
Thereafter, Midlands can earn an additional 14% interest over two years by
obtaining a mining exploitation permit from the Serbian Government and a further
10% (for a total of 75%) by completing a bankable feasibility study within two
years of obtaining a mining exploitation permit.
About Midlands Minerals Corporation:
Midlands is a Canadian resource company with common shares that trade on the TSX
Venture Exchange under the symbol "MEX". The Parlozi Project, the Company's
flagship, is a 91 square kilometre exploration permit which is conveniently
located 35 kilometres south of Belgrade, the capital of Serbia. The Parlozi
permit covers occurrences of historical lead-zinc-silver mining in the
Kosmaj-Babe area of the Sumadija mining district in central Serbia. The
mineralization in the permit comprises silver-bearing vein and replacement-type
lead-zinc sulphides hosted by carbonate sedimentary rocks associated with
intrusive Tertiary quartz latite dykes and volcanic breccias. This type of
mineralization has long supported lead-zinc-silver mining operations in the
region. Additional information on Midlands can be viewed under the Company's
profile at www.sedar.com or on Midlands' website: www.midlandsminerals.com which
is currently under re-construction.
This news release includes certain forward-looking statements or information.
All statements other than statements of historical fact included in this
release, including, without limitation, statements regarding the completion of
the Transaction, the receipt of regulatory approvals, the Company's future
plans, objectives or expectations of the Company are forward-looking statements
that involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from the Company's
plans or expectations include risks relating to the fluctuating gold prices,
possibility of equipment breakdowns and delays, exploration cost overruns,
availability of capital and financing, general economic, market or business
conditions, regulatory changes, timeliness of government or regulatory approvals
and other risks detailed herein and from time to time in the filings made by the
Company with securities regulators. The Company expressly disclaims any
intention or obligation to update or revise any forward-looking statements
whether as a result of new information, future events or otherwise except as
otherwise required by applicable securities legislation. Neither the TSX Venture
Exchange, its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange, nor the OTCQX accepts responsibility for
the adequacy or accuracy of this release.
To view Figure 1: Map of Serbia showing the location of the Parlozi project,
please visit the following link:
http://media3.marketwire.com/docs/Figure1MEX.pdf.
To view Figure 2: Simplified geology of the Parlozi project and prospect
locations (from NI 43-101 Technical Report, April 2014), please visit the
following link: http://media3.marketwire.com/docs/Figure2MEX.pdf.
To view Figure 3: Southern targets in the Parlozi project, and Figure 4: Parlozi
prospect, please visit the following link:
http://media3.marketwire.com/docs/Figure3_4MEX.pdf.
To view Figure 5: Parlozi section, please visit the following link:
http://media3.marketwire.com/docs/Figure5MEX.pdf.
To view Figure 6: Plandiste prospect, please visit the following link:
http://media3.marketwire.com/docs/Figure6MEX.pdf.
To view Figure 7: Plandiste section, please visit the following link:
http://media3.marketwire.com/docs/Figure7MEX.pdf.
-------------------------------------------------------------------
HoleID From To Thickness Pb % Zn % Pb+Zn%
-------------------------------------------------------------------
BK-01 310.20 312.30 2.10 1.54 0.68 2.22
BK-01 348.50 349.00 0.50 4.50 0.83 5.33
BK-01 355.70 357.00 1.30 2.55 2.29 4.84
BK-01 369.80 373.40 3.60 2.89 2.88 5.76
including 369.80 372.20 2.40 3.44 3.59 7.03
BK-01 376.80 379.80 3.00 1.55 1.90 3.46
-------------------------------------------------------------------
BK-04 166.70 177.00 10.30 7.22 0.42 7.65
-------------------------------------------------------------------
BK-07 439.40 443.00 3.60 2.17 1.57 3.74
including 442.10 443.00 0.90 2.36 4.05 6.41
-------------------------------------------------------------------
BK-10 388.00 395.00 7.00 12.40 1.64 14.04
BK-10 403.50 404.70 1.20 4.83 1.87 6.70
BK-10 416.70 430.00 13.30 2.41 1.82 4.23
including 417.80 418.80 1.00 5.15 6.23 11.38
including 419.80 420.80 1.00 3.01 4.13 7.14
including 428.00 430.00 2.00 6.40 1.43 7.83
BK-10 488.70 490.60 1.90 6.68 5.80 12.47
-------------------------------------------------------------------
BK-11 365.20 369.50 4.30 0.57 0.69 1.26
BK-11 432.70 435.80 3.10 3.56 3.59 7.14
-------------------------------------------------------------------
BK-12 125.00 126.60 1.60 3.13 0.11 3.24
BK-12 224.60 230.20 5.60 0.08 0.51 0.59
BK-12 394.00 397.00 3.00 9.86 1.66 11.51
BK-12 420.00 422.00 2.00 0.75 2.77 3.52
BK-12 440.00 442.00 2.00 1.94 4.41 6.35
-------------------------------------------------------------------
BK-13 180.00 184.80 4.80 3.00 0.26 3.25
BK-13 188.00 191.10 3.10 2.47 0.25 2.73
BK-13 240.50 242.90 2.40 14.23 0.96 15.19
BK-13 357.00 359.00 2.00 5.78 2.22 8.00
-------------------------------------------------------------------
BK-14 139.60 158.50 18.90 0.48 0.53 1.01
including 153.50 155.50 2.00 2.10 2.03 4.13
BK-14 197.50 201.00 3.50 2.59 1.08 3.67
BK-14 247.50 248.00 0.50 8.33 4.71 13.04
BK-14 301.40 305.40 4.00 5.13 1.25 6.38
BK-14 345.50 350.70 5.20 7.84 1.94 9.78
BK-14 416.00 431.10 15.10 8.69 1.12 9.82
BK-14 440.80 442.00 1.20 14.05 1.33 15.38
BK-14 444.00 445.00 1.00 18.64 0.68 19.32
-------------------------------------------------------------------
BK-14 456.20 462.80 6.60 5.68 1.46 7.14
BK-14 483.20 500.30 17.10 7.58 0.87 8.45
-------------------------------------------------------------------
BK-15 71.00 79.20 8.20 1.00 0.10 1.10
BK-15 279.00 287.80 8.80 2.65 2.78 5.42
including 279.00 280.00 1.00 12.15 9.28 21.43
including 283.20 283.80 0.60 6.12 9.30 15.42
including 285.70 286.20 0.50 5.07 5.80 10.87
BK-15 297.30 298.60 1.30 6.69 8.12 14.81
BK-15 303.00 303.60 0.60 27.98 13.57 41.55
BK-15 316.10 318.20 2.10 2.40 3.71 6.11
BK-15 339.00 341.00 2.00 5.20 6.92 12.12
BK-15 408.70 410.50 1.80 9.87 3.34 13.21
BK-15 439.60 440.30 0.70 8.17 19.26 27.43
BK-15 449.50 450.50 1.00 23.08 4.00 27.08
BK-15 463.50 477.80 14.30 2.00 1.13 3.12
including 468.80 473.80 5.00 3.08 1.50 4.58
BK-15 516.00 516.60 0.60 9.53 1.42 10.95
-------------------------------------------------------------------
BK-16 131.30 136.30 5.00 1.12 3.22 4.34
BK-16 209.00 213.00 4.00 0.92 1.30 2.22
BK-16 362.20 363.00 0.80 1.00 6.50 7.50
BK-16 378.10 378.70 0.60 2.10 0.30 2.40
BK-16 437.80 440.80 3.00 1.67 1.76 3.43
-------------------------------------------------------------------
BK-18 203.00 208.00 5.00 1.07 1.06 2.13
BK-18 221.00 223.20 2.20 1.61 0.35 1.96
BK-18 443.70 446.20 2.50 2.40 0.11 2.51
BK-18 560.20 565.20 5.00 1.33 0.78 2.11
BK-18 691.80 693.70 1.90 2.26 1.75 4.01
-------------------------------------------------------------------
BK-19 363.70 365.20 1.50 0.40 2.00 2.40
-------------------------------------------------------------------
BK-21 313.00 316.00 3.00 8.40 11.40 19.80
BK-21 335.50 339.00 3.50 1.62 1.65 3.27
BK-21 369.50 373.00 3.50 0.50 1.52 2.02
BK-21 384.50 401.80 17.30 2.43 3.86 6.29
including 389.30 401.80 12.50 3.10 4.90 8.00
BK-21 411.00 413.50 2.50 1.29 2.14 3.43
BK-21 426.00 432.00 6.00 0.74 0.85 1.59
-------------------------------------------------------------------
BK-22 168.00 171.00 3.00 11.90 3.10 15.00
BK-22 190.00 202.50 12.50 1.81 2.34 4.15
including 196.00 202.50 6.50 2.77 3.37 6.14
-------------------------------------------------------------------
BK-22 246.60 251.50 4.90 0.13 0.15 0.28
-------------------------------------------------------------------
PA-1 99.90 107.70 7.80 0.68 0.26 0.94
PA-1 121.60 127.75 6.15 0.08 0.08 0.16
including 123.60 126.50 2.90 0.07 0.06 0.12
PA-1 165.20 167.20 2.00 0.94 0.49 1.43
PA-1 172.55 178.40 5.85 1.70 0.69 2.39
including 172.55 174.40 1.85 3.61 1.21 4.82
PA-1 195.30 203.10 7.80 4.80 1.40 6.20
including 195.30 199.30 4.00 8.13 2.20 10.32
PA-1 242.20 249.40 7.20 5.66 0.85 6.51
including 247.30 249.40 2.10 15.80 2.19 17.98
PA-1 280.10 281.80 1.70 1.66 0.98 2.64
PA-1 303.00 306.90 3.90 0.51 0.08 0.59
PA-1 337.60 343.00 5.40 1.28 0.12 1.40
including 337.60 341.00 3.40 1.95 0.18 2.13
PA-1 348.30 350.20 1.90 0.82 0.05 0.87
PA-1 354.00 363.25 9.25 0.80 0.09 0.88
including 354.00 355.40 1.40 1.80 0.12 1.92
including 356.30 358.30 2.00 1.34 0.05 1.39
PA-1 388.40 390.10 1.70 1.60 0.11 1.71
PA-1 406.60 407.30 0.70 14.90 0.35 15.25
PA-1 424.00 426.00 2.00 4.69 1.90 6.60
PA-1 445.50 447.40 1.90 0.29 0.28 0.57
PA-1 462.30 464.30 2.00 0.97 0.43 1.40
PA-1 470.30 472.30 2.00 3.02 0.40 3.42
PA-1 483.70 485.20 1.50 1.05 0.13 1.18
-------------------------------------------------------------------
-------------------------------------------------------------
Ag Eq Au Eq
HoleID Cu % Ag g/t Au g/t g/t g/t Note
-------------------------------------------------------------
BK-01 0.20 NA NA
BK-01 0.20 82.40 1.5 319.8
BK-01 0.09 NA NA
BK-01 0.16 35.30 0.5 225.7 (1)
including 0.19 53.00 0.8 292.1 (1)
BK-01 0.06 NA NA
-------------------------------------------------------------
BK-04 0.16 NA NA
-------------------------------------------------------------
BK-07 0.08 NA NA
including 0.09 NA NA
-------------------------------------------------------------
BK-10 0.05 160.00 NA 369.0 (2)
BK-10 0.03 NA NA
BK-10 0.16 65.00 NA 187.8 (2)
including 0.35 NA NA
including 0.08 NA NA
including 0.06 NA NA
BK-10 0.21 92.00 NA 429.9 (2)
-------------------------------------------------------------
BK-11 0.20 53.00 NA 103.1 (2)
BK-11 0.09 75.00 NA 265.1 (2)
-------------------------------------------------------------
BK-12 0.36 NA NA
BK-12 2.13 NA NA
BK-12 0.41 NA NA
BK-12 0.14 NA NA
BK-12 0.18 NA NA
-------------------------------------------------------------
BK-13 0.95 NA NA
BK-13 0.07 NA NA
BK-13 0.08 NA NA
BK-13 0.13 NA NA
-------------------------------------------------------------
BK-14 0.14 16.90 1.20 2.23 (3)
including 0.19 NA NA
BK-14 0.56 56.40 2.17 318.6 (3)
BK-14 0.24 NA NA
BK-14 0.28 180.00 0.10 375.6 (3)
BK-14 0.55 261.00 0.20 574.6 (3)
BK-14 0.19 317.00 0.26 603.7 (3)
BK-14 0.14 NA NA
BK-14 0.07 NA NA
-------------------------------------------------------------
BK-14 0.23 115.00 0.19 330.9 (3)
BK-14 0.18 256.00 0.28 507.5 (3)
-------------------------------------------------------------
BK-15 0.08 160.00 NA 195.9
BK-15 0.04 NA NA
including 0.09 NA NA
including 0.04 NA NA
including 0.02 NA NA
BK-15 0.06 NA NA (4a)
BK-15 0.09 NA NA
BK-15 0.03 NA NA
BK-15 0.03 NA NA (4b)
BK-15 0.09 NA NA (4c)
BK-15 0.04 NA NA
BK-15 0.09 NA NA
BK-15 0.25 NA NA
including 0.29 NA NA
BK-15 0.11 NA NA
-------------------------------------------------------------
BK-16 0.10 39.00 NA 157.5
BK-16 0.12 34.00 NA 101.3
BK-16 0.04 NA NA
BK-16 0.13 246.00 NA 320.1
BK-16 0.26 248.00 NA 359.0
-------------------------------------------------------------
BK-18 0.11 39.00 NA 103.3
BK-18 0.11 22.60 NA 83.4
BK-18 0.20 15.00 NA 98.6
BK-18 0.77 17.20 NA 141.3
BK-18 0.15 5.40 NA 121.6
-------------------------------------------------------------
BK-19 0.70 NA NA
-------------------------------------------------------------
BK-21 0.45 268.00 NA 812.0
BK-21 0.82 43.00 NA 200.9
BK-21 0.39 26.80 NA 113.1
BK-21 0.31 66.55 NA 254.2
including 0.39 83.00 NA 321.3
BK-21 0.50 125.00 NA 257.4
BK-21 0.12 67.80 NA 119.2
-------------------------------------------------------------
BK-22 0.09 67.40 NA 463.9
BK-22 0.08 28.37 NA 141.3
including 0.04 26.50 NA 186.7
-------------------------------------------------------------
BK-22 0.47 28.30 NA 78.1
-------------------------------------------------------------
PA-1 0.28 33.68 0.30 99.2
PA-1 0.08 4.96 2.81 3.11
including 0.01 1.81 3.70 3.81
PA-1 0.10 29.70 0.14 82.8
PA-1 0.06 56.09 1.46 202.0
including 0.09 92.40 3.73 426.8
PA-1 0.11 214.44 0.14 392.0
including 0.18 401.50 0.23 697.4
PA-1 0.25 128.95 0.10 326.4
including 0.72 386.19 0.20 929.5
PA-1 0.13 98.60 0.06 181.4
PA-1 0.20 48.30 0.05 84.2
PA-1 0.88 205.80 0.17 330.7
including 1.10 305.50 0.19 471.0
PA-1 0.15 53.10 0.04 92.1
PA-1 0.24 89.44 0.12 140.5
including 0.39 141.00 0.13 233.6
including 0.42 133.00 0.09 211.6
PA-1 0.07 62.30 0.06 116.3
PA-1 0.17 350.00 0.09 768.1
PA-1 0.53 490.28 0.10 714.1
PA-1 0.44 45.40 0.05 102.2
PA-1 0.26 71.90 0.02 133.2
PA-1 0.02 95.00 0.05 188.6
PA-1 0.05 58.80 0.16 102.6
-------------------------------------------------------------
Table 3: Comprehensive table of composites of significant drill intercepts
at Parlozi
Notes: Results from historic drill holes (BK-01 to BK-22) were retrieved from
original drill logs and/or sections. No core is available to verify assay
intervals and grades. Sampling protocols are unknown. These historic assays
should not be relied upon and are only considered as relevant as guides to
future exploration. If a silver assay is available, the composite is calculated
as a silver equivalent based on the rounded average of each metal price over the
last 5 years (2009-2013): Pb $2,100/t; Zn $2,000/t; Cu $7,300/t; Ag $25.0/oz; Au
$1,350/oz. If gold content is higher than all other elements, the composite is
calculated as gold equivalent instead of silver equivalent. Only composites
greater than 150 g/t AgEq(i)m (silver equivalent in g/t multiplied by metres of
intercepts) are listed. Drill intervals are apparent thicknesses.
(1) Silver composite diluted as silver results are only known over 1.2 m.
(2) Normal composite (weighted average) from individual assays for lead, zinc
and copper. Silver value from Serbian Geo Institute.
(3) Normal composite (weighted average) from individual assays for lead, zinc
and copper. Silver and gold values from Serbian Geo Institute.
(4) Composite diluted with intervals of no core. Respectively (a) 20 cm; (b)
110 cm; (c) 30 cm.
FOR FURTHER INFORMATION PLEASE CONTACT:
Midlands Minerals Corporation
Craig Pearman
President and CEO
+1 604 366 2229
cpearman@midlandsminerals.com
Midlands Minerals Corporation
Nick Tintor
Chairman
+1 416 987 0855
ntintor@rgmi.ca
www.midlandsminerals.com
Mexican Gold Mining (TSXV:MEX)
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過去 株価チャート
から 6 2023 まで 6 2024
