International Millennium Mining, a mineral exploration company, has begun the phase II drill program at its Nivloc Silver and Gold Project situated in southwestern Nevada. The drill holes of this program were made to extend the delineated mineralized zone by marking along strike to the southwest and northeast, and also to constrict the drill space of a target region, which was drilled with 34 holes back in 2011.
Assay results have been obtained from 11NL-34 and 11NL-31 holes situated in the Nivloc Vein Structure’s western part. From pad 4, all 4 holes were collared which are part of an organized drill program to examine an un-mined zone in the Nivloc Mine. This target zone is located between two partly mined regions. Among the four holes, three were made to analyze the top portion of the target region, over the area delineated by past drilling.
Drill highlights from 11NL-31 hole include 53 ft 0.86 gold and at 92.3 g/t silver - Main Nivloc vein, including 22 ft at 1.88 g/t gold and 165.3 g/t silver - Main Nivloc vein
11NL-31 drill hole intersected the Nivloc vein system between the 600 and 700 ft levels in the target region’s western part, located 200 ft east of the westernmost mine workings, while the 11NL-32 hole intersected the zone below the 440 ft level. 11NL-33 and 11NL-34 holes were targeted over the 440 ft level with the 11NL-34 hole cutting the zone at its shallowest point. However, the drill holes displayed a grade deterioration in this region. The 11NL-34 hole is believed to have drilled down a fault structure, thereby overlooking the better portion of the zone.
International Millennium Mining’s President and CEO, John A. Versfelt stated that in view of consistent drill results intersected at Nivloc, the company is planning to drill right through 2012 to build the NI 43-101 compliant resource.
Source: http://www.immc.ca/