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.
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