| Announcement Date: | 2022-11-14 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Paycore Minerals Inc. |
| Project name: | FAD |
| Location: | United States |
| Commodities: | Gold,Silver,Lead,Zinc |
| Highlight: | Drilling results incl. 14.8m at 7.1g/t Au, 376.3g/t Ag, 10.3% Pb, 6.3% Zn from 738.8m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | TORONTO, Nov. 14, 2022 /CNW/ – Paycore Minerals Inc. (TSXV: CORE) (“Paycore” or the “Company”) is pleased to announce exploration drilling results from the Company’s 100%-owned FAD Property located on the Battle Mountain-Eureka Gold Belt in Nevada, USA. Drilling in the South-East Lobe has already proven the lateral extension of the mineralization at FAD to be over 400 metres in length, and up to 400 metres wide. Hole PC22-08A is a 200-metre step-out from the historical resource and drilled into the new South-East Lobe. This hole intersected the South-East Lobe 47 meters North-Northwest and down-dip of hole GH21-02 and 65 meters North and down-dip of hole PC22-07 (figure 1 below). The base metal grades in hole 08A include a combined lead-zinc grade of 16.6% and 376 g/t silver which are among the highest grade holes drilled to-date. Additionally, the gold mineralization in the carbonate replacement deposit “CRD” is believed to be associated with the large Carlin-style deposit located adjacent to the FAD deposit and could potentially contribute to the higher overall |
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