Junior Millstream Mines (MLSM-C) reports that a newly drilled deep hole at its Potter property near Matheson, Ont., has confirmed the continuity of a copper-zinc-cobalt zone.
Hole 98-6 intersected two separate zones of 26.76 metres (from 653.9 to 680.7 metres) averaging 2.57% copper, 1.68% zinc, 0.082% cobalt and 20.91 grams silver per tonne, and 8.7 metres (from 696.6 to 705.3 metres) averaging 3.39% copper, 0,8% zinc, 0.071% cobalt and 22.97 grams silver. Both zones contained sub-intervals of higher-grade mineralization.
Millstream states that the shallower interval in hole 6 is along strike and dip with massive sulphide mineralization intersected in holes 97-9 and 98-1. The first of those earlier holes returned 22.9 metres (from 604.6 to 627.5 metres) of 2.65% copper, 2.7% zinc, 0.083% cobalt and 26.06 grams silver, whereas the second yielded 7.8 metres (from 695.1 to 702.9 metres) of 5.34% copper, 3.24% zinc, 0.067% cobalt and 39.77 grams silver.
The Potter deposit was mined from 1967 until 1971, when low copper prices forced the operation to close. Drilling has shown that the central portion of the sulphide system continues for at least 200 metres below the lowest underground workings.
In all, 11 holes have been drilled to test for strike and depth extensions to the deposit. The latest hole brings to five the number of successful holes reported from the program.
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