Lions Gate Metals has extended the mineralized zone at its Poplar project in north central British Columbia.
The diamond drilling results of holes 11-PC-92 and 11-PC-93 have verified mineralization 200m north and 150m under significant drilling. Also, these new holes have shown formerly unexplored silver grade.
The Poplar porphyry copper deposit close to Houston, BC is the flagship project of Lions Gate. This deposit is situated 35 kilometers from Huckleberry mine of Imperial Metals. This project is famous and easily reachable. Lions Gate is well supported financially and has raised $6 million recently.
These drilling results have continued to develop the formerly described mineral zone at the Poplar deposit and the mineralization stays open laterally and to depth.
The new holes are completely mineralized. Also, this 2011 exploration program has showed highly prominent silver assays, which was not acknowledged before. The pulps from the initial six holes are re-assayed by the company using a comprehensive digestion method to recover full silver.
Now, Lions Gate is testing the received drilling information and is planning to commence the Phase II diamond drilling at the Poplar project. The company will utilize these drilling results to revise its NI 43-101 compliant resource estimate.
Source: http://www.lionsgatemetals.com/