Drilling by Major General Resources (MGJ-V) has intersected a base metal zone at the company’s property near Springdale, Nfld.
The program tested an induced-polarization anomaly (which extends an additional 500 metres to the southwest of the new zone), results from which included a 0.95-metre interval grading 4.04% copper, 11.65% zinc and 1.03% lead, plus 0.75 gram gold and 22.6 grams silver per tonne.
A previous hole, drilled 100 metres to the northeast, intersected 1 metre grading 1.3% copper, 19 grams silver and 0.5 gram gold.
The discovery, known as the Riegel zone, is 300 metres southeast of, and stratigraphically below, the company’s Orion gold discovery, which is also in the Green Bay area of Newfoundland.
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