SOQUEM Announces a New Resource Estimate for Its B26 Deposit [Canadian Business Journal (Canada)]
SGS SA ADR (SGSOY)
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Source: Canadian Business Journal
SOQUEM Announces a New Resource Estimate for Its B26 Deposit VAL-D’OR, March 04, 2018 (GLOBE NEWSWIRE) — SOQUEM, a subsidiary of Ressources Quebec, is pleased to announce the results of an updated resource estimate for the B26 polymetallic deposit, 100% owned by SOQUEM, and located 90 km west of Matagami, Quebec. The update follows 33,044 m of additional diamond drilling (see news releases dated October 3, 2016, October 10, 2017, and November 20, 2017), and re-sampling of historical holes since the last resource estimate (see news release dated May 20, 2016). The new drilling focused on defining the geometry of the zinc rich massive sulfide horizon, and expanding the copper zone at depth. Highlights Indicated resources total 6.97 Mt grading 1.32 % Cu, 1.80 % Zn, 0.60 g/t Au and 43 g/t Ag. Inferred resources total 4.41 Mt grading 2.03 % Cu, 0.22 % Zn, 1.07 g/t Au and 9 g/t Ag. In-pit indicated resources total 811 000t grading 1.48 % Cu, 0.43 % Zn, 0.89 g/t Au and 28 g/t
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